NonprofitsPresque Isle Electric & Gas Co-Op

Presque Isle Electric & Gas Co-Op

ONAWAY, MI

Total revenue

$69.7M

Total expenses

$72.6M

Net assets

$54.9M

Grants received

EIN

380941545

Tax year

2024

Mission

To provide energy and other services to sustain and improve the quality of life for our members through the use of a cooperative business structure.

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue$69.2M
Investment income
Other revenue$26K
Total revenue$69.7M

Expenses

Grants paid
Salaries & benefits$12.1M
Fundraising
Other expenses$53.8M
Total expenses$72.6M
Total assets$240.2M
Net assets$54.9M

People

18 listed

NameRoleCompensation

Allan Berg

President & CEO (As of May 2024)

Board

$216K

50 hrs/wk

Thomas Sobeck

President & CEO (Until June 2024)

Board

$193K

45 hrs/wk

Randy Stempky

CFO

Board

$122K

45 hrs/wk

Sandra Borowicz

Secretary/Chairman

Board

$14K

15 hrs/wk

Brentt Lucas

Treasurer

Board

$14K

12 hrs/wk

John Brown

Vice Chairman/Chairman/Director

Board

$14K

14 hrs/wk

Christopher Nagel

Director

Board

$14K

4.2 hrs/wk

Kurt Krajniak

Director

Board

$14K

7.3 hrs/wk

Daryl Peterson

Director/Vice Chairman

Board

$12K

7.5 hrs/wk

Sally Knopf

Director/Secretary

Board

$12K

7 hrs/wk

Raymond Wozniak

Director

Board

$12K

9 hrs/wk

Gerald Smigelski

Director (As of Nov 2024)

Board

$920

4.5 hrs/wk

Thomas Lupu

Working Foreman

Staff

$181K

56.5 hrs/wk

Thomas Pauly

Class A Lineman

Staff

$178K

56.7 hrs/wk

Kenniston Butler

Working Foreman

Staff

$174K

53.7 hrs/wk

Jason Tribisondi

Class A Lineman

Staff

$162K

51.6 hrs/wk

Donald Lalonde

Staking Engineer

Staff

$161K

52 hrs/wk

Richard Kieliszewski

Director Info Tech(Until Aug 2024)

Staff

$157K

50.4 hrs/wk

Independent contractors

B&M Ashman Inc

Construction

$12.3M

Northern Utility Contractors Inc

Drop Construction

$2.1M

Conexon LLC

Construction Management

$1.9M

Thunder Bay Tree Service

Tree Trimming

$625K

Kent Power

Construction

$470K

Details

EIN380941545
Subsection12
Ruling date1938-08
Formed1937
Employees123
Volunteers0
PRESQUE ISLE ELECTRIC & GAS CO-OP — Mission, Financials & Grants Received | Grantivo