Wolverine Power Supply Cooperative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 346,925,806 | 334,687,290 | 12,238,516 | 4.9 | 1% |
| 2012 | 380,645,333 | 360,682,714 | 19,962,619 | 5.1 | 1% |
| 2013 | 376,476,436 | 355,224,866 | 21,251,570 | 5.8 | 1% |
| 2014 | 403,110,457 | 386,387,241 | 16,723,216 | 5.6 | 1% |
| 2015 | 389,169,068 | 365,777,755 | 23,391,313 | 6.6 | 3% |
| 2016 | 431,387,311 | 420,844,287 | 10,543,024 | 5.8 | 3% |
| 2017 | 433,603,930 | 432,336,084 | 1,267,846 | 5.7 | 4% |
| 2018 | 476,602,350 | 475,561,367 | 1,040,983 | 5.3 | 3% |
| 2019 | 435,826,214 | 434,073,653 | 1,752,561 | 5.9 | 4% |
| 2020 | 464,201,273 | 463,058,988 | 1,142,285 | 5.5 | 4% |
| 2021 | 556,306,485 | 555,287,360 | 1,019,125 | 4.8 | 3% |
| 2022 | 706,588,810 | 704,772,082 | 1,816,728 | 4.0 | 3% |
| 2023 | 540,004,811 | 540,004,811 | 0 | 5.5 | 4% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 5.5 months of spending. Staff pay was 4% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Wolverine Power Supply Cooperative Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works