Form 990 for tax year 2023
Filed by MICHIGAN ELECTRIC COOPERATIVE ASSOCIATION.
Totals
- Total revenue
- $3,186,522
- Total expenses
- $3,013,244
- Contributions and grants received
- $0
- Grants paid
- $100,000
- Program service revenue
- $3,137,384
- Investment income
- $49,138
- Other revenue
- $0
- Total assets, end of year
- $2,222,472
- Total liabilities, end of year
- $586,915
- Net assets or fund balances, end of year
- $1,635,557
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: General Membership Due
total $1,300,191 · related or exempt $1,300,191
-
2b · Program service revenue: Publications
total $1,206,603 · related or exempt $1,119,603 · unrelated business $87,000
-
2c · Program service revenue: Safety/Loss Services
total $613,797 · related or exempt $613,797
-
2d · Program service revenue: Education Training Pro
total $13,800 · related or exempt $13,800
-
2f · All other program service revenue
total $2,993 · related or exempt $2,993
-
3 · Investment income
total $49,138 · excluded $49,138
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $100,000
-
7 · Other salaries and wages
total $320,387
-
8 · Pension plan contributions
total $97,070
-
9 · Other employee benefits
total $60,865
-
10 · Payroll taxes
total $22,122
-
11b · Fees: legal
total $100,025
-
11c · Fees: accounting
total $17,350
-
11d · Fees: lobbying
total $169,683
-
11g · Fees: other
total $615,295
-
12 · Advertising and promotion
total $7,500
-
13 · Office expenses
total $38,361
-
14 · Information technology
total $26,953
-
16 · Occupancy
total $46,404
-
17 · Travel
total $157,334
-
19 · Conferences, conventions and meetings
total $21,430
-
22 · Depreciation, depletion and amortization
total $19,717
-
23 · Insurance
total $12,033
-
24a · Other expenses: Publication Office Expe
total $1,049,494
-
24b · Other expenses: Workshops
total $62,082
-
24c · Other expenses: Membership Dues
total $35,336
-
24d · Other expenses: Youth Programs
total $16,721
-
24e · All other expenses
total $17,082
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,707,489 · end of year $1,880,422
-
4 · Accounts receivable
beginning of year $393 · end of year $9,008
-
9 · Prepaid expenses and deferred charges
beginning of year $81,211 · end of year $73,737
-
10a · Land, buildings and equipment: cost or other basis
$106,108
-
10b · Land, buildings and equipment: accumulated depreciation
$63,389
-
10c · Land, buildings and equipment, net
beginning of year $62,436 · end of year $42,719
-
13 · Investments: program-related
beginning of year $10,599 · end of year $11,339
-
15 · Other assets
beginning of year $272,328 · end of year $205,247
-
17 · Accounts payable and accrued expenses
beginning of year $128,467 · end of year $116,926
-
19 · Deferred revenue
beginning of year $323,668 · end of year $290,885
-
25 · Other liabilities
beginning of year $220,042 · end of year $179,104
-
27 · Net assets without donor restrictions
beginning of year $1,462,279 · end of year $1,635,557
Mission and programs · 2023
Mission
To promote and serve the needs of the member cooperatives.
-
GENERAL MEMBERSHIP DUES:Represent the legislative and regulatory interests of Michigan's electric cooperatives with a unified message that ensures their ability to provide safe, reliable and affordable electricity to member-consumers. Develop and implement strategic communications that advance cooperative priorities and member-consumer engagement.
-
PUBLICATIONS:Create and publish Michigan Country Lines magazine in partnership with Michigan's electric cooperatives to advance cooperative priorities and member-consumer engagement.
-
SAFETY/LOSS SERVICES:Empower the safety culture of Michigan's electric cooperatives and utility partners through a comprehensive safety program.
-
EDUCATION/TRAINING PROGRAMS:Coordinate education and training resources for Michigan's electric cooperative directors, managers, employees, and future leaders.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tony Anderson
Director (Jan-June)
- Total calculated
- $0
- Hours/week
- 1
-
Eric Baker
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mike Furmanski
Director
- Total calculated
- $0
- Hours/week
- 1
-
Terry Lautner
Director (Jan-May)
- Total calculated
- $0
- Hours/week
- 1
-
Gabe Schneider
Director/Vice Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Dan DeCoeur
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chris O'Neill
Director/Sec/Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Bob Hance
Director
- Total calculated
- $0
- Hours/week
- 1
-
Fred Turk
Director (Jan-Apr & Dec)
- Total calculated
- $0
- Hours/week
- 1
-
Tom Sobeck
Director/Chair
- Total calculated
- $0
- Hours/week
- 1
-
Sandy Borowicz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Randy Dhyse
Director
- Total calculated
- $0
- Hours/week
- 1
-
Larry Hermanson
Director (Jan-Mar)
- Total calculated
- $0
- Hours/week
- 1
-
Howard Bowersox
Director
- Total calculated
- $0
- Hours/week
- 1
-
Shaun Lamp
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jim Stebbins
Director
- Total calculated
- $0
- Hours/week
- 1
-
William Hodges
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gerry Bundle
Director (May-Dec)
- Total calculated
- $0
- Hours/week
- 1
-
Brad Essenmacher
Director
- Total calculated
- $0
- Hours/week
- 1
-
Don Johnson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rachel Johnson
Director (June-Dec)
- Total calculated
- $0
- Hours/week
- 1
-
Brian Takvalkoski
Director (Sept-Dec)
- Total calculated
- $0
- Hours/week
- 1
-
Chad Stirrett
Director (Jan-Sept)
- Total calculated
- $0
- Hours/week
- 1
-
Eugene Soumis
Director
- Total calculated
- $0
- Hours/week
- 1
-
Craig Borr
President/CEO
- Total calculated
- $0
- Hours/week
- 24
-
Joe McElroy
Director of Safety & Loss
- Total calculated
- $251,201
- From this org
- $179,002
- From related orgs
- $0
- Other
- $72,199
- Hours/week
- 46.2
Schedule J breakdown matched by us
- Base
- $177,351
- Bonus
- $0
- Other
- $1,651
- Deferred
- $59,367
- Nontaxable benefits
- $13,188
- Filer's total
- $251,557
-
Thomas Ulatowski
Safety & Loss Control Instructor
- Total calculated
- $154,870
- From this org
- $122,872
- From related orgs
- $0
- Other
- $31,998
- Hours/week
- 42.6
Schedule J breakdown matched by us
- Base
- $122,516
- Bonus
- $0
- Other
- $356
- Deferred
- $21,545
- Nontaxable benefits
- $10,809
- Filer's total
- $155,226
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Tax indemnification and gross-up payments
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- Part I, Line 1a
- Written policy states as part of MECA's health and wellness cost sharing plan, MECA covers 75% of membership dues for an individual employee to join a health club, up to a maximum of $75.00. MECA grossed up a couple of insignificant payments to employees for de minimus awards.
- Part I, Line 3
- The services of the President/CEO are provided to the Association under a management services agreement with Wolverine Power Cooperative, one of its member cooperatives. The filing organization relies on Wolverine Power Cooperative to determine the compensation for the President/CEO. They use methods listed in Part I, line 3 to determine his compensation.
- Schedule J, Part II, Column C, Deferred Compensation
- The estimated current year increase in the actuarial value of the defined benefit plan is included in other compensation for employees listed in Part II of Schedule J. These amounts do not represent any current year contributions to the plan. They are estimates of the increase in the actuarial value of the plans received from the NRECA. The current year expense and the increase in actuarial value for each employee are reflected in the statement on the Schedule O for Form 990, Part VII, Column F.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
Cooperative Family Fund Charity
$100,000
Support for children when they lose an electric cooperative parent
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412049349300801
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