Non-Profit Spending Reports

Wolverine Power Supply Cooperative Inc

Cadillac, MI · EIN 38-1326766 · Rank 1,225 by total revenue

To deliver reliable and competitively priced power, while providing exceptional service to our members.

Money, Form 990 for tax year 2024

Total revenue
$544,868,259
Total expenses
$544,868,259
Total assets
$1,162,477,220
Salary base (all salaries and wages)
$22,716,389
Salaries, other pay and benefits
$33,100,725
Employees
198
Salary base per employee
$114,729

"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.

Leadership (20)

NameTitleRole Hours/weekTotal pay
Eric BakerPresident & CEOOfficer 50 $1,285,112
Melinda LautnerDirector / Vice ChairBoard, Officer 3.2 $25,000
Shirley SpragueDirector / TreasurerBoard, Officer 2.1 $23,700
Paul BylDirector / SecretaryBoard, Officer 2.1 $23,000
Gerry BundleDirector / ChairBoard, Officer 2.4 None reported
Zachary AndersonChief Operating OfficerKey employee 50 $503,346
Joseph BaumannChief Legal OfficerKey employee 45 $492,322
Kacy WickenhauserChief Human Resources OfficerKey employee 50 $406,550
Terry LautnerDirectorBoard 2.8 $25,500
John BrownDirectorBoard 4.1 $25,000
Ric EvansDirectorBoard 3.1 $23,500
Rence MeredithDirectorBoard 2.7 $22,500
Mark CarsonDirectorBoard 1.7 $22,000
John LordDirectorBoard 1.3 $21,500
Dave SchweitzerDirector (Apr - Dec)Board 0.9 $17,500
Sandra BorowiczDirector (Jun - Dec)Board 0.7 $13,500
Tom Van PeltDirector (Jan - Mar)Board 1.5 $7,500
Allan BergDirector (Jan - May)Board 0.8 $5,000
Clarance BarthDirectorBoard 2.4 None reported
Rob HunterDirectorBoard 0.8 None reported

Top 10 paid people listed

These 10 people received $4,915,065, which is 21.6% of the $22,716,389 salary base shared by 198 employees.

NameTitleRole Hours/weekFrom this org From related orgsOther pay Total
Eric BakerPresident & CEOOfficer 50 $971,232$0 $313,880$1,285,112
Craig BorrExecutive Vice PresidentHighly paid employee 4.8 $499,526$0 $198,183$697,709
Daniel CalverleyVP of Generation & OperationsHighly paid employee 50 $257,284$0 $257,958$515,242
Zachary AndersonChief Operating OfficerKey employee 50 $353,716$0 $149,630$503,346
Joseph BaumannChief Legal OfficerKey employee 45 $358,010$0 $134,312$492,322
Kacy WickenhauserChief Human Resources OfficerKey employee 50 $276,940$0 $129,610$406,550
Dawn CoonVP of AdministrationHighly paid employee 50 $219,232$0 $147,761$366,993
Dustan DanielVP of Accounting & FinanceHighly paid employee 45 $233,560$0 $109,221$342,781
Jeffrey FisherOperator I - MaintenanceHighly paid employee 56.7 $197,561$0 $81,949$279,510
Terry LautnerDirectorBoard 2.8 $25,000$500 $0$25,500

Sources