Wolverine Power Supply Cooperative Inc

CADILLAC, MI EIN: 38-1326766 Website

Wolverine Power Supply Cooperative, Inc., a Michigan nonprofit cooperative, is dedicated to delivering reliable and competitively priced electric power, while providing exceptional service to its members.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.2B

+8.1% YoY

Annual Giving

$20K

+33.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$20K

+33.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$194M$389M$583M$777M20202021202220232024
Metric202420232022
Total Assets$1,162,477,220$1,074,978,996$1,046,991,533
Revenue$544,868,259$540,004,811$706,588,810
Expenses$544,868,259$540,004,811$704,772,082
Qualifying Distributions
Net Investment Income$609,318$1,587,969$1,076,245
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$44K$66K$88K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Lineman - Electrical Joi…$20K

Grant Size Distribution

5 grants across all recorded years

2<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Wolverine Power Supply Cooperative Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Eric BakerPresident & CEO$971KCraig BorrExecutive Vice President$500KJoseph BaumannChief Legal Officer$358KZachary AndersonChief Operating Officer$354KKacy WickenhauserChief Human Resources Officer$277KDaniel CalverleyVP of Generation & Operations$257KDustan DanielVP of Accounting & Finance$234KDawn CoonVP of Administration$219KJeffrey FisherOperator I - Maintenance$198KJohn BrownDirector$25KTerry LautnerDirector$25KRic EvansDirector$24KMark CarsonDirector$22KJohn LordDirector$22KPaul BylDirector / Secretary$19KDave SchweitzerDirector (Apr - Dec)$18KSandra BorowiczDirector (Jun - Dec)$14KMelinda LautnerDirector / Vice Chair$13KShirley SpragueDirector / Treasurer$12KRence MeredithDirector$11KTom Van PeltDirector (Jan - Mar)$4K

From 2024 filing

NameTitleHoursCompensation
Gerry BundleDirector / Chair2.4
Melinda LautnerDirector / Vice Chair3.2$12,500
Paul BylDirector / Secretary2.1$19,125
Shirley SpragueDirector / Treasurer2.1$12,100
Allan BergDirector (Jan - May)0.8
Clarance BarthDirector2.4
Dave SchweitzerDirector (Apr - Dec)0.9$17,500
John BrownDirector4.1$25,000
John LordDirector1.3$21,500
Mark CarsonDirector1.7$22,000
Rence MeredithDirector2.7$11,250
Ric EvansDirector3.1$23,500
Rob HunterDirector0.8
Sandra BorowiczDirector (Jun - Dec)0.7$13,500
Terry LautnerDirector2.8$25,000
Tom Van PeltDirector (Jan - Mar)1.5$3,750
Eric BakerPresident & CEO50$971,232
Joseph BaumannChief Legal Officer45$358,010
Kacy WickenhauserChief Human Resources Officer50$276,940
Zachary AndersonChief Operating Officer50$353,716
Craig BorrExecutive Vice President4.8$499,526
Daniel CalverleyVP of Generation & Operations50$257,284
Dawn CoonVP of Administration50$219,232
Dustan DanielVP of Accounting & Finance45$233,560
Jeffrey FisherOperator I - Maintenance56.7$197,561

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Cadillac

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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