everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Great Lakes Energy Cooperative

Boyne City, MI / EIN 38-3321875 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011171,875,414171,875,414010.31%
2012188,655,303188,654,85544810.01%
2013195,883,437195,882,91152610.61%
2014199,700,167199,699,65551210.91%
2015198,041,250198,041,250011.51%
2016194,814,069194,814,069011.81%
2017197,882,135197,882,135011.81%
2018209,724,114209,724,114011.81%
2019217,615,824217,615,824011.80%
2020222,026,091222,026,091012.01%
2021238,017,889238,017,889011.71%
2022262,446,486262,446,486011.41%
2023256,252,080256,252,080012.31%

In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 12.3 months of spending, up from 10.3 in 2011. Staff pay was 1% 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

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