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 .
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 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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