Civic Intelligence

Great Lakes Energy Cooperative

990 • Fiscal year 2011 • EIN 38-3321875

Jan 01, 2011 to Dec 31, 2011

Organization Profilewww.gtlakes.com
Boyne City, MI
Siviq Scores

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

Liabilities / Assets

69th percentile

0.63x

Higher debt load relative to assets than 69% of similar nonprofits.

2011 filings • $250M-$1B nonprofits • Source year 2011

Liabilities / Revenue

80th percentile

1.50x

Higher debt load relative to revenue than 80% of similar nonprofits.

2011 filings • $250M-$1B nonprofits • Source year 2011

Net Margin

31st percentile

0.0%

Higher net margin than 31% of similar nonprofits.

2011 filings • $250M-$1B nonprofits • Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

32nd percentile

2.4%

Faster asset growth than 32% of similar nonprofits.

2011 filings • $250M-$1B nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2011

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$405,755,356

Up $9,543,827 (+2.4%) from 2010

Net Assets

Up

$148,156,885

Up $4,994,553 (+3.5%) from 2010

Liabilities

Up

$257,598,471

Up $4,549,274 (+1.8%) from 2010

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin31st percentile

Revenue

$171,875,414

No earlier filing loaded for comparison.

Expenses

Up

$171,875,414

Up $16,387,036 (+11%) from 2010

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$1.5B$1.0B$500M$0Assets 2010: $396,211,529Liabilities 2010: $253,049,197Net Assets 2010: $143,162,3322010Assets 2011: $405,755,356Liabilities 2011: $257,598,471Net Assets 2011: $148,156,8852011Assets 2012: $424,737,654Liabilities 2012: $267,751,291Net Assets 2012: $156,986,3632012Assets 2013: $450,430,734Liabilities 2013: $277,128,326Net Assets 2013: $173,302,4082013Assets 2014: $468,142,972Liabilities 2014: $286,510,510Net Assets 2014: $181,632,4622014Assets 2015: $486,453,216Liabilities 2015: $297,271,265Net Assets 2015: $189,181,9512015Assets 2016: $487,956,364Liabilities 2016: $297,183,194Net Assets 2016: $190,773,1702016Assets 2017: $491,870,160Liabilities 2017: $297,250,233Net Assets 2017: $194,619,9272017Assets 2018: $523,889,867Liabilities 2018: $318,092,085Net Assets 2018: $205,797,7822018Assets 2019: $579,459,258Liabilities 2019: $365,411,334Net Assets 2019: $214,047,9242019Assets 2020: $677,695,355Liabilities 2020: $455,092,749Net Assets 2020: $222,602,6062020Assets 2021: $794,670,914Liabilities 2021: $562,013,758Net Assets 2021: $232,657,1562021Assets 2022: $877,952,006Liabilities 2022: $627,886,120Net Assets 2022: $250,065,8862022Assets 2023: $961,358,899Liabilities 2023: $699,332,180Net Assets 2023: $262,026,7192023Assets 2024: $1,040,503,055Liabilities 2024: $759,492,086Net Assets 2024: $281,010,9692024

Highlighted filing

2011

Assets$405,755,356
Liabilities$257,598,471
Net Assets$148,156,885
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300M$200M$100M$0Expenses 2010: $155,488,3782010Revenue 2011: $171,875,414Expenses 2011: $171,875,414Net Income 2011: $02011Expenses 2012: $188,654,8552012Revenue 2013: $195,883,437Expenses 2013: $195,882,911Net Income 2013: $5262013Revenue 2014: $199,700,167Expenses 2014: $199,699,655Net Income 2014: $5122014Revenue 2015: $198,041,250Expenses 2015: $198,041,250Net Income 2015: $02015Revenue 2016: $194,814,069Expenses 2016: $194,814,069Net Income 2016: $02016Revenue 2017: $197,882,135Expenses 2017: $197,882,135Net Income 2017: $02017Revenue 2018: $209,724,114Expenses 2018: $209,724,114Net Income 2018: $02018Revenue 2019: $217,615,824Expenses 2019: $217,615,824Net Income 2019: $02019Revenue 2020: $222,026,091Expenses 2020: $222,026,091Net Income 2020: $02020Revenue 2021: $238,017,889Expenses 2021: $238,017,889Net Income 2021: $02021Revenue 2022: $262,446,486Expenses 2022: $262,446,486Net Income 2022: $02022Revenue 2023: $256,252,080Expenses 2023: $256,252,080Net Income 2023: $02023Revenue 2024: $278,373,109Expenses 2024: $275,076,316Net Income 2024: $3,296,7932024

Highlighted filing

2011

Revenue$171,875,414
Expenses$171,875,414
Net Income$0
Open 2011 Filing
Filing Detail Status

This 2011 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Mission and Program Overview

Mission

The mission of Great Lakes Energy Cooperative is to deliver reliable electric service at the best possible value to members of the electric cooperative.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$405,755,356
Liabilities
$257,598,471
Net assets
$148,156,885
Revenue
$171,875,414
Expenses
$171,875,414
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,041$759$281$278$275$3.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$961$699$262$256$256$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$878$628$250$262$262$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$795$562$233$238$238$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$678$455$223$222$222$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$579$365$214$218$218$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$524$318$206$210$210$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$492$297$195$198$198$0.00
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$488$297$191$195$195$0.00
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$486$297$189$198$198$0.00
2014Detailed filing. Detailed filing data is available for this year.$468$287$182$200$200$0.00
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$450$277$173$196$196$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$425$268$157$189
2011Summary only. Only limited summary data is available for this year.$406$258$148$172$172$0.00
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$396$253$143$155