Michigan Electric Cooperative
To promote and serve the needs of the member cooperatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
-7.4% YoY
Revenue
$2.9M
-8.4% YoY
Net Investment Income
$51K
+4.7% YoY
Expenses
$3.0M
-1.1% YoY
About Michigan Electric Cooperative
Based on IRS filings
Michigan Electric Cooperative is a nonprofit organization, based in LANSING, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. Net investment income was $51K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,058,190 | $2,222,472 | $2,134,456 |
| Revenue | $2,918,132 | $3,186,522 | $3,291,077 |
| Expenses | $2,980,410 | $3,013,244 | $3,071,496 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $51,431 | $49,138 | $9,715 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
2 open opportunities from Michigan Electric Cooperative
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joe McElroy | Director of Safety & Loss | 47.4 | $185,877 |
| Thomas Ulatowski | Safety & Loss Control Inst | 42.5 | $120,263 |
| Craig Borr | President/CEO | 40 | — |
| Tom Sobeck | Chair (Jan-Jun) | 2.6 | — |
| Chris O'Neill | Sec/Treas (Jan-Jun)/Chair (Jul-Dec) | 2 | — |
| Shaun Lamp | Director(Jan-Jun)/Sec/Treas (Jul-Dec) | 0.7 | — |
| Gabe Schneider | Vice Chairman | 10 | — |
| Mike Furmanski | Director | 0.8 | — |
| Howard Bowersox | Director | 2.1 | — |
| Jim Stebbins | Director | 0.6 | — |
| Bill Hodges | Director | 5 | — |
| Gerry Bundle | Director | 1.8 | — |
| Brad Essenmacher | Director | 0.3 | — |
| Don Johnson | Director | 6.5 | — |
| Rachel Johnson | Director | 0.1 | — |
| Brian Takvalkoski | Director | 0.1 | — |
| Erica Weidman | Director | 4 | — |
| Eric Baker | Director | 8.5 | — |
| Fred Turk | Director | 1 | — |
| Brentt Lucas | Director (Jun-Dec) | 3 | — |
| Dan DeCoeur | Director (Jan-Aug) | 0.1 | — |
| Bob Hance | Director (Jan-Sep) | 0.1 | — |
| Sandy Borowicz | Director (Jan-May) | 2 | — |
| Randy Dhyse | Director (Jan-Mar) | 5.3 | — |
| Terry Rubenthaler | Director (Oct-Dec) | 2 | — |
| Eugene Soumis | Director (Jan-Mar) | 1 | — |
| Dallas Aho | Director (Jun-Dec) | 2.3 | — |
| Allan Berg | Director (Nov-Dec) | 2 | — |
Frequently Asked Questions
How large is Michigan Electric Cooperative?
As of 2024, Michigan Electric Cooperative holds $2.1M in total assets with $2.9M in annual revenue.
Where does Michigan Electric Cooperative operate?
Michigan Electric Cooperative has awarded grants in Michigan.
What is Michigan Electric Cooperative's EIN?
Michigan Electric Cooperative's EIN (Employer Identification Number) is 38-2214287. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Michigan Electric Cooperative's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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