NonprofitsWolverine Power Supply Cooperative Inc

Wolverine Power Supply Cooperative Inc

CADILLAC, MI

Total revenue

$544.9M

Total expenses

$544.9M

Net assets

$272.0M

Grants received

EIN

381326766

Tax year

2024

Mission

To deliver reliable and competitively priced power, while providing exceptional service to our members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$543.0M
Investment income$609K
Other revenue$1.2M
Total revenue$544.9M

Expenses

Grants paid$88K
Salaries & benefits$33.1M
Fundraising
Other expenses$489.2M
Total expenses$544.9M
Total assets$1.2B
Net assets$272.0M

People

25 listed

NameRoleCompensation

Eric Baker

President & CEO

Board

$971K

50 hrs/wk

Terry Lautner

Director

Board

$25K

2.8 hrs/wk

John Brown

Director

Board

$25K

4.1 hrs/wk

Ric Evans

Director

Board

$24K

3.1 hrs/wk

Mark Carson

Director

Board

$22K

1.7 hrs/wk

John Lord

Director

Board

$22K

1.3 hrs/wk

Paul Byl

Director / Secretary

Board

$19K

2.1 hrs/wk

Dave Schweitzer

Director (Apr - Dec)

Board

$18K

0.9 hrs/wk

Sandra Borowicz

Director (Jun - Dec)

Board

$14K

0.7 hrs/wk

Melinda Lautner

Director / Vice Chair

Board

$13K

3.2 hrs/wk

Shirley Sprague

Director / Treasurer

Board

$12K

2.1 hrs/wk

Rence Meredith

Director

Board

$11K

2.7 hrs/wk

Tom Van Pelt

Director (Jan - Mar)

Board

$4K

1.5 hrs/wk

Rob Hunter

Director

Board

0.8 hrs/wk

Allan Berg

Director (Jan - May)

Board

0.8 hrs/wk

Clarance Barth

Director

Board

2.4 hrs/wk

Gerry Bundle

Director / Chair

Board

2.4 hrs/wk

Craig Borr

Executive Vice President

Staff

$500K

4.8 hrs/wk

Joseph Baumann

Chief Legal Officer

Staff

$358K

45 hrs/wk

Zachary Anderson

Chief Operating Officer

Staff

$354K

50 hrs/wk

Kacy Wickenhauser

Chief Human Resources Officer

Staff

$277K

50 hrs/wk

Daniel Calverley

VP of Generation & Operations

Staff

$257K

50 hrs/wk

Dustan Daniel

VP of Accounting & Finance

Staff

$234K

45 hrs/wk

Dawn Coon

VP of Administration

Staff

$219K

50 hrs/wk

Jeffrey Fisher

Operator I - Maintenance

Staff

$198K

56.7 hrs/wk

Independent contractors

Hydaker Wheatlake Co

Construction services

$40.3M

Stuart C Irby Co

Electrical contracting

$10.2M

Pete's Contracting Inc

Construction services

$3.0M

General Electric Intl

Electrical contracting

$2.8M

Turbine Technology Service

Engineering consulting

$1.5M

Details

EIN381326766
Subsection12
Ruling date1951-08
Formed1983
Employees198
Volunteers0
WOLVERINE POWER SUPPLY COOPERATIVE INC — Mission, Financials & Grants Received | Grantivo