Civic Intelligence

Peninsula Generation Cooperative

990 • Fiscal year 2014 • EIN 27-3659272

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 05, 2015

Organization ProfileN/A
10125 W Watergate RdCadillac, MI 49601

(231) 775-5700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.61x

Higher debt load relative to assets than 71% of similar nonprofits.

2014 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

23rd percentile

0.92x

Higher debt load relative to revenue than 23% of similar nonprofits.

2014 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2014

Net Margin

53rd percentile

0.0%

Higher net margin than 53% of similar nonprofits.

2014 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

99th percentile

$643,999

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2014 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2014

Asset Growth

2nd percentile

-7.0%

Faster asset growth than 2% of similar nonprofits.

2014 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

7th percentile

-2.8%

Faster revenue growth than 7% of similar nonprofits.

2014 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$78,342,032

Down $5,880,883 (-7.0%) from 2013

Net Assets

Down

$30,283,842

Down $3,225,000 (-9.6%) from 2013

Liabilities

Down

$48,058,190

Down $2,655,883 (-5.2%) from 2013

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin53rd percentile

Revenue

Down

$52,157,418

Down $1,511,957 (-2.8%) from 2013

Expenses

Down

$52,157,418

Down $1,511,957 (-2.8%) from 2013

Net Income

Flat

$0

Flat from 2013

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2011: $100,271,394Liabilities 2011: $54,355,006Net Assets 2011: $45,916,3882011Assets 2012: $90,811,005Liabilities 2012: $52,242,163Net Assets 2012: $38,568,8422012Assets 2013: $84,222,915Liabilities 2013: $50,714,073Net Assets 2013: $33,508,8422013Assets 2014: $78,342,032Liabilities 2014: $48,058,190Net Assets 2014: $30,283,8422014Assets 2020: $39,721,240Liabilities 2020: $13,720,240Net Assets 2020: $26,001,0002020Assets 2021: $33,627,864Liabilities 2021: $7,626,864Net Assets 2021: $26,001,0002021Assets 2022: $27,867,422Liabilities 2022: $2,866,422Net Assets 2022: $25,001,0002022Assets 2023: $21,839,732Liabilities 2023: $3,105,402Net Assets 2023: $18,734,3302023Assets 2024: $15,147,457Liabilities 2024: $2,946,467Net Assets 2024: $12,200,9902024

Highlighted filing

2014

Assets$78,342,032
Liabilities$48,058,190
Net Assets$30,283,842
Open 2014 Filing

Operations Trend

Revenue Growth7th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80M$60M$40M$20M$0Expenses 2011: $57,286,5302011Expenses 2012: $52,434,0722012Revenue 2013: $53,669,375Expenses 2013: $53,669,375Net Income 2013: $02013Revenue 2014: $52,157,418Expenses 2014: $52,157,418Net Income 2014: $02014Revenue 2020: $48,203,514Expenses 2020: $48,203,514Net Income 2020: $02020Revenue 2021: $51,550,022Expenses 2021: $51,550,022Net Income 2021: $02021Revenue 2022: $58,212,934Expenses 2022: $58,212,934Net Income 2022: $02022Revenue 2023: $58,147,385Expenses 2023: $58,147,385Net Income 2023: $02023Revenue 2024: $62,385,362Expenses 2024: $62,385,362Net Income 2024: $02024

Highlighted filing

2014

Revenue$52,157,418
Expenses$52,157,418
Net Income$0
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 5, 2015
Return Version
2014v5.0
Gross Receipts
$52,157,418
Mission and Program Overview

Mission

Peninsula generation cooperative, inc. Is a michigan nonprofit cooperative corporation organized for the purpose of providing electric power to its member, wolverine power supply cooperative, inc.

To obtain, deliver, and sell electric energy for its member only.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$79,047,609$72,461,048▼ $6,586,561
Pd in Cap Srpls Land Bldg Eqp Fund$33,508,842$30,283,842▼ $3,225,000
Accounts Receivable$2,784,701$3,431,986▲ $647,285
Investments Other Securities$2,137,096$2,198,718▲ $61,622
Cash and Non-Interest-Bearing Accounts$253,509$250,280▼ $3,229
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$84,222,915$78,342,032▼ $5,880,883
Liabilities
Mortgage Notes Payable Secured by Investment Property$48,500,000$45,260,000▼ $3,240,000
Accounts Payable and Accrued Expenses$2,023,548$2,672,288▲ $648,740
Other Liabilities$190,525$125,902▼ $64,623
Total Liabilities$50,714,073$48,058,190▼ $2,655,883
Net Assets / Fund Balance
Total Net Assets Fund Balance$33,508,842$30,283,842▼ $3,225,000
Total Liabilities and Net Assets / Fund Balance$84,222,915$78,342,032▼ $5,880,883
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleOtherTotal
Richard WalsworthDirector$36,959$36,959
Rick DenewethChairman$27,633$27,633

Board Members and Trustees

NameTitle
Brian L WarnerPresident (starting 5/2014)
Daniel DecoeurPresident(through 5/2014)/director
Eric BakerDirector
Brian ValiceSecretary
Janet KassTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$51,910,692
Investment Income
$238
Other Revenue
$246,488
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$52,157,418
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$52,157,418
Total Revenue per Form 990
$52,157,418
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$52,157,418
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$6,586,561
Interest---$2,139,204
Fees for Services Other---$67,043
Other Expenses---$37,510
Fees for Services Accounting---$19,250
Travel---$5,058
Total Functional Expenses$0$0$0$52,157,418

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$52,157,418
Total Expenses per Audited Statements$52,157,418
Total Expenses per Form 990$52,157,418
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest$125,902
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“MEMBER OWNER”

Form 990, Part VI, Section A, Line 7A

“The board of peninsula's member appoints a voting delegate, who elects the directors who serve on peninsula's board.”

Form 990, Part VI, Section A, Line 8B

“Peninsula's board handles all governance matters. It has no committees.”

Form 990, Part VI, Section B, Line 11

“Peninsula's treasurer and peninsula's member's controller review form 990 in october in detail. Peninsula's member's vice president of human resources reviews the employee compensation information in detail in october. The president reviews the general content of form 990 in october. The 990 is distributed to each board member for their review in october.”

Form 990, Part VI, Section C, Line 19

“The form 990 is available to the public upon request. The organization does not make governing documents, conflict of interest policy, or financial statements available to the public.”

Filing and Contact Details

Filer

Filer Name
Peninsula Generation Cooperative
EIN
27-3659272
Phone
2317755700
Address
10125 W WATERGATE RD, CADILLAC, MI 49601

Signing Officer

Name
Janet L Kass
Title
Treasurer
Phone
2317755700
Signed
2015-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian L Warner
Formed
2010
Legal Domicile
Mi
Voting Board Members
4
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Plante & Moran Pllc
Address
10 S RIVERSIDE PLAZA 9TH FLOOR, CHICAGO, IL 60606
Preparer
Lu Ann Trapp CPA
Phone
3122071040
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Return of paid in capital -3,225,000.”

Raw XML AppendixShowing 400 of 463 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2136817
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3201645
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4127877
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt035880
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt126082
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt219182
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt328428
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt418216
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt028549
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt125013
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt222518
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt323128
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt422158
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt09692
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt18063
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt211408
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ERIC BAKER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DANIEL DECOEUR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2BRIAN L WARNER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3JANET KASS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4BRIAN VALICE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT(THROUGH 5/2014)/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2PRESIDENT (STARTING 5/2014)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0643999
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1267590
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2212563
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3260976
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt4173201
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0DIRECTOR, ERIC BAKER, PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN AS PART OF HIS EMPLOYMENT FOR RELATED ORGANIZATION, WOLVERINE POWER SUPPLY COOPERATIVE. CONTRIBUTIONS TO THIS PLAN WERE INCLUDED IN COLUMN C, PART II. HE DID NOT RECEIVE ANY PAYMENTS FROM THE PLAN DURING 2014.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBER OWNER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF PENINSULA'S MEMBER APPOINTS A VOTING DELEGATE, WHO ELECTS THE DIRECTORS WHO SERVE ON PENINSULA'S BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PENINSULA'S BOARD HANDLES ALL GOVERNANCE MATTERS. IT HAS NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PENINSULA'S TREASURER AND PENINSULA'S MEMBER'S CONTROLLER REVIEW FORM 990 IN OCTOBER IN DETAIL. PENINSULA'S MEMBER'S VICE PRESIDENT OF HUMAN RESOURCES REVIEWS THE EMPLOYEE COMPENSATION INFORMATION IN DETAIL IN OCTOBER. THE PRESIDENT REVIEWS THE GENERAL CONTENT OF FORM 990 IN OCTOBER. THE 990 IS DISTRIBUTED TO EACH BOARD MEMBER FOR THEIR REVIEW IN OCTOBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5RETURN OF PAID IN CAPITAL -3,225,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0205990509
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0ALTERNATIVE ELECTRIC SUPPLY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0SPARTAN RENEWABLE ENERGY INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt010125 WEST WATERGATE ROAD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0CADILLAC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd049601
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WOLVERINE POWER SUPPLY COOPERATIVE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0381326766
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(12)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDING ELECTRIC POWER TO MEMBERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt010125 W WATERGATE ROAD PO BOX 229
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CADILLAC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd049601
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt067043
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt13225000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt251910692
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV OF SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1RETURN OF PAID IN CAPITAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2REVENUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0WOLVERINE POWER SUPPLY COOPERATIVE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1WOLVERINE POWER SUPPLY COOPERATIVE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2WOLVERINE POWER SUPPLY COOPERATIVE
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1R
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2L
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt084222915
IRS990/TotalAssetsEOYAmt078342032
IRS990/TotalAssetsGrp/BOYAmt084222915

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$78,342,032
Liabilities
$48,058,190
Net assets
$30,283,842
Revenue
$52,157,418
Expenses
$52,157,418
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$2.95$12.2$62.4$62.4$0.00
2023Detailed filing. Detailed filing data is available for this year.$21.8$3.11$18.7$58.1$58.1$0.00
2022Detailed filing. Detailed filing data is available for this year.$27.9$2.87$25.0$58.2$58.2$0.00
2021Detailed filing. Detailed filing data is available for this year.$33.6$7.63$26.0$51.6$51.6$0.00
2020Detailed filing. Detailed filing data is available for this year.$39.7$13.7$26.0$48.2$48.2$0.00
2014Detailed filing. Detailed filing data is available for this year.$78.3$48.1$30.3$52.2$52.2$0.00
2013Detailed filing. Detailed filing data is available for this year.$84.2$50.7$33.5$53.7$53.7$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.8$52.2$38.6$52.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$100$54.4$45.9$57.3