Overview
What is Wolverine Power Supply Cooperative Inc?
Wolverine Power Supply Cooperative Inc, based in Cadillac, Michigan, is a Michigan nonprofit corporation with a mission to deliver reliable and competitive electric power supply to its members across over half of Michigan's Lower Peninsula. The cooperative serves more than 280,000 rural homes and businesses and boasts a workforce of 184 employees. Wolverine takes pride in providing clean, carbon-free energy solutions, championing long-term, innovative strategies for a sustainable energy future. The cooperative's operations include strategic power supply and the development of a flexible transmission system, all aimed at ensuring excellent service to its members.
Official website here: www.wolverinepowercooperative.com
Is Wolverine Power Supply Cooperative Inc legitimate?
Wolverine Power Supply Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wolverine Power Supply Cooperative Inc 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: $2,985,908
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,145,937
For more financial information, click here
Official website here: www.wolverinepowercooperative.com
What is the mission statement of Wolverine Power Supply Cooperative Inc?
Wolverine Power Supply Cooperative Inc is a nonprofit organization dedicated to delivering outstanding electric power supply to its members. Its mission is to provide a reliable and competitive power source for homes and businesses, reaching over 280,000 consumers across more than half of a lower peninsula. Wolverine takes pride in delivering 60% carbon-free energy, championing innovative, long-term energy solutions through strategic power supply and the development of a flexible transmission system. The cooperative focuses on ensuring a clean, affordable, and dependable energy future for its members.
Official website here: www.wolverinepowercooperative.com
Who is the CEO of Wolverine Power Supply Cooperative Inc?
Eric Baker is the CEO of Wolverine Power Supply Cooperative Inc The CEO's salary of Wolverine Power Supply Cooperative Inc is $916,244 and their total compensation is $1,206,797.
Official website here: www.wolverinepowercooperative.com
What is the revenue of Wolverine Power Supply Cooperative Inc?
Wolverine Power Supply Cooperative Inc's revenue in 2023 was $540,004,811.
Official website here: www.wolverinepowercooperative.com
Who are the executives of Wolverine Power Supply Cooperative Inc and what are their salaries?
The average compensation at Wolverine Power Supply Cooperative Inc during 2023 was $115,270. There are 192 employees at Wolverine Power Supply Cooperative Inc.
Here are 25 key members and their salaries (Wolverine Power Supply Cooperative Inc's CEO's salary is $916,244 and their total compensation is $1,206,797):
- Compensation: $28,200
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $12,000
- Compensation: $20,400
- Related: $500
- Other: $3,600
- Compensation: $27,700
- Related: $0
- Other: $0
- Compensation: $27,400
- Related: $500
- Other: $0
- Compensation: $0
- Related: $0
- Other: $25,000
- Compensation: $500
- Related: $0
- Other: $15,000
- Compensation: $23,000
- Related: $0
- Other: $0
- Compensation: $26,000
- Related: $0
- Other: $0
- Compensation: $9,500
- Related: $0
- Other: $0
- Compensation: $15,500
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $3,250
- Related: $0
- Other: $3,250
- Compensation: $26,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $13,250
- Related: $0
- Other: $13,250
- Compensation: $916,244
- Related: $0
- Other: $290,553
- Compensation: $283,524
- Related: $0
- Other: $132,737
- Compensation: $368,398
- Related: $0
- Other: $131,125
- Compensation: $364,474
- Related: $0
- Other: $147,052
- Compensation: $452,361
- Related: $0
- Other: $298,310
- Compensation: $213,116
- Related: $0
- Other: $124,647
- Compensation: $245,834
- Related: $0
- Other: $249,374
- Compensation: $209,831
- Related: $0
- Other: $161,754
- Compensation: $224,918
- Related: $0
- Other: $40,886
Official website here: www.wolverinepowercooperative.com
Where can I find the form 990 for Wolverine Power Supply Cooperative Inc?
Wolverine Power Supply Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wolverinepowercooperative.com
Learn more at the official website: www.wolverinepowercooperative.com
Mission Statement of Wolverine Power Supply Cooperative Inc
Wolverine Power Supply Cooperative Inc, a Michigan-based cooperative corporation, is dedicated to delivering outstanding service to its members by providing reliable and competitive electric power supply. This nonprofit organization takes pride in delivering electricity to over 280,000 rural homes and businesses across more than half of Michigan's Lower Peninsula. Wolverine is committed to championing innovative, long-term energy solutions by focusing on a reliable, clean, and affordable energy future. The cooperative has a strategic approach to power supply and is developing a flexible transmission system to ensure a dependable energy source for its members. Wolverine Power Supply Cooperative Inc's mission is to maintain a robust and sustainable energy infrastructure, enabling its members to thrive in their daily lives while minimizing their carbon footprint. The cooperative's unwavering dedication to its members and the community is reflected in its mission to provide exceptional service and infrastructure, ensuring a brighter future for those it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Wolverine Power Supply Cooperative Inc significantly impacts Michigan's energy landscape by delivering reliable and competitive power to over 280,000 rural homes and businesses across more than half of the Lower Peninsula. It proudly offers a power supply that is 60% carbon-free, contributing to a cleaner environment and the reduction of greenhouse gas emissions.
Wolverine is committed to championing innovative, long-term energy solutions, which are essential in today's changing energy market. By developing a flexible transmission system and crafting strategic power supply options, Wolverine ensures that its members receive not only dependable energy but also competitive rates. This commitment enhances the quality of life in rural communities, supports local businesses, and fosters sustainable practices within the energy sector. Through its ongoing efforts, Wolverine Power Supply Cooperative plays a vital role in shaping a cleaner, more reliable, and affordable energy future for its members and the regions it serves.
This information is meant to be a general summary of Wolverine Power Supply Cooperative Inc. 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 2023.
- Investment Income: $2,509,962
- Program Service Revenue: $537,141,609
- Gross Receipts: $540,935,804
Assets and Liabilities:
- Total Assets: $1,046,991,533
- Total Liabilities: $814,781,997
- Net Assets: $232,209,536
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sale of Electricity for Resale
Revenue
$473,385,890
Transmission for Others
Revenue
$63,621,484
Program Services Rental Income
Revenue
$134,235
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
If you are a representative of Wolverine Power Supply Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.