Liabilities / Assets
45th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 26-1260154 • 501(c)9 • Alpena, MI
Profile
To fund the medical cost of alpena power company retirees and their dependents.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
45th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
52nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
53rd percentile
Higher top officer pay than 53% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
60th percentile
Faster revenue growth than 60% of similar nonprofits.
Assets
Down$3,457,927
Down $4,472 (-0.1%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Down$3,457,927
Down $4,472 (-0.1%) from 2023
Revenue
Up$150,863
Up $13,010 (+9.4%) from 2023
Expenses
Up$291,898
Up $7,477 (+2.6%) from 2023
Net Income
Up-$141,035
Up $5,533 (+3.8%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To fund the medical cost of alpena power company retirees and their dependents.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $3,462,399 | $3,457,927 | ▼ $4,472 |
| Investments in Publicly Traded Securities | $3,454,726 | $3,449,922 | ▼ $4,804 |
| Cash and Non-Interest-Bearing Accounts | $7,673 | $8,005 | ▲ $332 |
| Total Assets | $3,462,399 | $3,457,927 | ▼ $4,472 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $3,462,399 | $3,457,927 | ▼ $4,472 |
| Total Liabilities and Net Assets / Fund Balance | $3,462,399 | $3,457,927 | ▼ $4,472 |
| Name | Title |
|---|---|
| Danielle Green | Co-trustee |
| Kenneth Dragiewicz | Co-trustee |
| Line Item | Amount |
|---|---|
| Other Expenses | $291,898 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | - | - | - | $4,675 |
| All Other Expenses | - | - | - | $4,243 |
| Total Functional Expenses | $0 | $0 | $0 | $291,898 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Co-trustee reviews cpa prepared form 990 and approves final draft before return is filed electronically.”
“Will mail or email upon request.”
“Change in market value 136,563”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO FUND THE MEDICAL COST OF ALPENA POWER COMPANY RETIREES AND THEIR DEPENDENTS. |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 4243 |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | DANIELLE GREEN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9893584931 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 401 N 9TH AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ALPENA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49707 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 7673 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 8005 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 135069 |
| IRS990/CYOtherExpensesAmt | 0 | 291898 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 15794 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -141035 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 291898 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 150863 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | THE ORGANIZATION WILL RECEIVE FUNDING OF CONTRIBUTIONS FROM ALPENA POWER COMPANY, RETIREE CONTRIBUTIONS AND EARNINGS OF INVESTMENTS DIRECTED BY THE TRUSTEES; TO FUND THE MEDICAL COST OF ALPENA POWER COMPANY RETIREES AND THEIR DEPENDENTS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | KENNETH DRAGIEWICZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DANIELLE GREEN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CO-TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CO-TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | true |
| IRS990/FormationYr | 0 | 2007 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 2 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 150863 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 76685 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 135069 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 58384 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 3454726 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 3449922 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MI |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO FUND THE MEDICAL COST OF ALPENA POWER COMPANY RETIREES AND THEIR DEPENDENTS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3462399 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3457927 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 49248 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 136563 |
| IRS990/OtherExpensesGrp/Desc | 0 | PREMIUMS/TRAILING CLAIMS |
| IRS990/OtherExpensesGrp/Desc | 1 | FEDERAL INCOME TAX |
| IRS990/OtherExpensesGrp/Desc | 2 | ADMINISTRATIVE FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | WATKINS CONSULTING FEES |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 252964 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 19458 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 10558 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 4675 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | KENNETH DRAGIEWICZ |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CONTRIBUTIONS-RETIREES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 15794 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 15794 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 125871 |
| IRS990/PYOtherExpensesAmt | 0 | 284421 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 11982 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -146568 |
| IRS990/PYTotalExpensesAmt | 0 | 284421 |
| IRS990/PYTotalRevenueAmt | 0 | 137853 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -141035 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 3462399 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 3457927 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CO-TRUSTEE REVIEWS CPA PREPARED FORM 990 AND APPROVES FINAL DRAFT BEFORE RETURN IS FILED ELECTRONICALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | WILL MAIL OR EMAIL UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CHANGE IN MARKET VALUE 136,563 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART XI, LINE 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 3462399 |
| IRS990/TotalAssetsEOYAmt | 0 | 3457927 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 3462399 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3457927 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 291898 |
| IRS990/TotalGrossUBIAmt | 0 | 58384 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 3462399 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 3457927 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 15794 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 92479 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 150863 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 58384 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 3462399 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 3457927 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | true |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 401 N 9TH AVE |
| IRS990/USAddress/AddressLine2Txt | 0 | 401 N 9TH AVE |
| IRS990/USAddress/CityNm | 0 | ALPENA |
| IRS990/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/USAddress/ZIPCd | 0 | 49707 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 2 |
| IRS990/VotingMembersIndependentCnt | 0 | 2 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KENNETH DRAGIEWICZ |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CO-TRUSTEE |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9893584931 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ALPENA POWER COMPANY RETIREE HEALTH |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | AND WELFARE BENEFIT TRUST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ALPE |
| ReturnHeader/Filer/EIN | 0 | 261260154 |
| ReturnHeader/Filer/PhoneNum | 0 | 9893584931 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 401 N 9TH AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ALPENA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 49707 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 383079404 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | STRALEY LAMP & KRAENZLEIN PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 738 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ALPENA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 497070738 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9893564531 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BERNARD R LAMP CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-15T15:35:42-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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