Overview
What is Alger Delta Cooperative Electric Association?
Alger Delta Cooperative Electric Association is a Michigan-based nonprofit organization, specifically located at 426 N 9th St, Gladstone, MI, 49837. They serve the rural communities of Marquette, Alger, Delta, Dickinson, Schoolcraft, and Menominee counties in the Upper Peninsula, where they provided electricity to a total of 9,075 members in 2022. As an electrical distribution utility, their mission is to deliver essential electrical services to these communities, covering a significant portion of the Upper Peninsula. Their team comprises 22 dedicated employees, focusing on bringing power to the often remote and rural areas.
Official website here: www.algerdelta.com
What are the reviews and ratings of this charity?
Alger Delta Cooperative Electric Association does not currently have a rating from Charity Navigator. This is due to the organization's status as a non-501(c)(3) entity, which exempts it from certain forms of evaluation typically applied by Charity Navigator, such as those focusing on Accountability & Finance, or Impact & Measurement.
The absence of a Charity Navigator rating does not imply any inherent positive or negative qualities about the organization. Historically, their ratings primarily reflected what is today's Accountability and Finance score beacons. However, without key financial data such as electronically-filed Form 990s, a comprehensive evaluation cannot be made.
There are no user reviews for Alger Delta Cooperative Electric Association on GreatNonprofits. This lack of user feedback makes it challenging to gauge community sentiment or firsthand experiences regarding the organization's impact or operations.
This AI summary has been generated from information found on Charity Navigator.
Is Alger Delta Cooperative Electric Association legitimate?
Alger Delta Cooperative Electric Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Alger Delta Cooperative Electric Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $596,922
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,313,958
For more financial information, click here
Official website here: www.algerdelta.com
What is the mission statement of Alger Delta Cooperative Electric Association?
The Alger Delta Cooperative Electric Association serves as an electrical distribution utility, dedicated to bringing power to rural communities. Its primary mission is to provide essential electrical services, reaching a membership of 9,075 individuals in Michigan's Marquette, Alger, Delta, Dickinson, Schoolcraft, and Menominee counties in 2022. By delivering electricity to these areas, the cooperative enhances the quality of life and supports the development of these communities.
Official website here: www.algerdelta.com
Who is the CEO of Alger Delta Cooperative Electric Association?
Lynn Labadie is the Director of Alger Delta Cooperative Electric Association.
Official website here: www.algerdelta.com
What is the revenue of Alger Delta Cooperative Electric Association?
Alger Delta Cooperative Electric Association's revenue in 2022 was $18,706,041.
Official website here: www.algerdelta.com
Who are the executives of Alger Delta Cooperative Electric Association and what are their salaries?
The average compensation at Alger Delta Cooperative Electric Association during 2022 was $86,858. There are 22 employees at Alger Delta Cooperative Electric Association.
Here are 17 key members and their salaries:
- Compensation: $5,400
- Related: $0
- Other: $0
- Compensation: $4,800
- Related: $0
- Other: $0
- Compensation: $12,400
- Related: $0
- Other: $0
- Compensation: $11,650
- Related: $0
- Other: $0
- Compensation: $6,650
- Related: $0
- Other: $0
- Compensation: $6,200
- Related: $0
- Other: $0
- Compensation: $10,550
- Related: $0
- Other: $0
- Compensation: $7,300
- Related: $0
- Other: $0
- Compensation: $7,750
- Related: $0
- Other: $0
- Compensation: $94,363
- Related: $0
- Other: $47,852
- Compensation: $153,056
- Related: $0
- Other: $67,248
- Compensation: $117,243
- Related: $0
- Other: $60,185
- Compensation: $112,969
- Related: $0
- Other: $38,832
- Compensation: $118,974
- Related: $0
- Other: $31,938
- Compensation: $123,629
- Related: $0
- Other: $43,141
- Compensation: $119,070
- Related: $0
- Other: $22,973
- Compensation: $123,462
- Related: $0
- Other: $51,232
Official website here: www.algerdelta.com
Where can I find the form 990 for Alger Delta Cooperative Electric Association?
Alger Delta Cooperative Electric Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.algerdelta.com
Learn more at the official website: www.algerdelta.com
Mission Statement of Alger Delta Cooperative Electric Association
Alger Delta Cooperative Electric Association, a crucial utility provider, is dedicated to delivering electrical services to rural communities in Michigan. With a mission to power the lives of its members, this cooperative electric association serves the residents of Marquette, Alger, Delta, Dickinson, Schoolcraft, and Menominee counties. In 2022, this dedicated organization successfully connected 9,075 individuals and families to the power grid, ensuring essential electrical services for their daily needs. Alger Delta Cooperative Electric Association's unwavering commitment to its rural customer base is deeply rooted in its mission to provide reliable electrical distribution, bringing light and power to the communities it serves.
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Impact
October, 2024
Alger Delta Cooperative Electric Association significantly impacts the communities it serves by providing essential electrical distribution services to rural areas in Upper Michigan. In 2022, the cooperative catered to 9,075 members across Marquette, Alger, Delta, Dickinson, Schoolcraft, and Menominee counties, ensuring that residents have reliable access to electricity. This access not only supports daily living but also facilitates economic development, enhances education opportunities, and strengthens community ties. By focusing on the unique needs of rural populations, Alger Delta plays a crucial role in improving the quality of life in these regions, fostering growth and connectivity in often underserved areas.
This information is meant to be a general summary of Alger Delta Cooperative Electric Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $30,111
- Program Service Revenue: $18,675,930
- Gross Receipts: $18,706,041
Assets and Liabilities:
- Total Assets: $54,541,428
- Total Liabilities: $36,376,967
- Net Assets: $18,164,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Electricity Sales
Revenue
$18,403,401
Capital Credits
Revenue
$153,648
ATC LLC Investment
Revenue
$117,951
Organization Details
Founding Year
1937
Phone
(906) 428-4141Principal Officer
Lynn Labadie
Main Address
426 N 9th St, Gladstone, MI, 49837
Website
www.algerdelta.comNTEE Category
Code: W80 - Public benefit
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