NonprofitsAlger Delta Co-Op Electric Association

Alger Delta Co-Op Electric Association

GLADSTONE, MI

Total revenue

$18.6M

Total expenses

$18.6M

Net assets

$19.7M

Grants received

$71K

1 grants

EIN

380289531

Tax year

2024

Mission

Electrical distribution utility providing service to rural areas

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$18.6M
Investment income$14K
Other revenue
Total revenue$18.6M

Expenses

Grants paid
Salaries & benefits$2.7M
Fundraising
Other expenses$14.9M
Total expenses$18.6M
Total assets$58.0M
Net assets$19.7M

People

17 listed

NameRoleCompensation

Michael Furmanski

General Manager

Board

$162K

40 hrs/wk

Lynn Labadie

Finance Manager

Board

$113K

40 hrs/wk

Kirk Bruno Director Jan-Jun

Sec/Treas (Jul-Dec)

Board

$11K

3.92 hrs/wk

Don Johnson

Director

Board

$11K

5.12 hrs/wk

Karen Alholm

Vice President

Board

$7K

1.8 hrs/wk

Jesse Betters

Sec/Treas (Jan-Jun)/Pres (Jul-Dec)

Board

$7K

3.06 hrs/wk

William Wotruba

Director

Board

$6K

0.96 hrs/wk

Stephen Wery

Director

Board

$5K

2.13 hrs/wk

Stephen Dausey

Director

Board

$5K

2.6 hrs/wk

Darryl Small

Director

Board

$4K

1.2 hrs/wk

Mike Lawless

President

Board

$4K

1.75 hrs/wk

Timothy Jenkins

Director

Board

$3K

1.34 hrs/wk

Brandon Lind

Lineman

Staff

$160K

53.69 hrs/wk

Jacob Hart

Lineman

Staff

$149K

52.67 hrs/wk

Brandon Benda

Lineman

Staff

$149K

51.87 hrs/wk

Jonathan Conger

Lead Lineman

Staff

$140K

48.93 hrs/wk

Troy Tiernan

Operations Manager

Staff

$129K

40 hrs/wk

Independent contractors

JMCA Construction LLC

Contractor of boring/underground wire

$178K

Michigan Electric Cooperative Associatio

Various shared services

$100K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$71K
INTEGRITY FUND - TERRITORY THREAT
2024

Funded by

$71K from 1 funder · 1 grant · 2024

Details

EIN380289531
Subsection12
Ruling date1939-07
Formed1937
Employees21
Volunteers0
ALGER DELTA CO-OP ELECTRIC ASSOCIATION — Mission, Financials & Grants Received | Grantivo