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Alger Delta Cooperative Electric

EIN: 38-0289531Gladstone, MIZIP: 49837
501(c)(12)

Mission

Electrical distribution utility providing service to rural areas

Financials

YearRevenueExpensesAssets
2024$18.6M$0$58M
2023$18.5M$0$56.4M

Compensation

2024

Michael Furmanski
General Manager
officer (unspecified)
$159,079
$0
$2,967
$215,550
Brandon Lind
Lineman
highest compensated employee
$159,390
$0
$441
$197,012
Troy Tiernan
Operations Manager
highest compensated employee
$127,978
$0
$1,407
$178,486
Jonathan Conger
Lead Lineman
highest compensated employee
$139,221
$0
$460
$176,731
Lynn Labadie
Finance Manager
officer (unspecified)
$111,700
$0
$1,385
$162,631
Brandon Benda
Lineman
highest compensated employee
$148,343
$0
$174
$160,656
Jacob Hart
Lineman
highest compensated employee
$149,064
$0
$226
$159,597
Kirk Bruno Director Jan-Jun
Sec/treas (jul-dec)
officer (unspecified)
$0
$0
$0
$11,100
Don Johnson
Director
board member
$0
$0
$0
$10,600
Karen Alholm
Vice President
vice president
$0
$0
$0
$6,750
Jesse Betters
Sec/treas (jan-jun)/pres (jul-dec)
officer (unspecified)
$0
$0
$0
$6,600
William Wotruba
Director
board member
$0
$0
$0
$5,900
Stephen Wery
Director
board member
$0
$0
$0
$5,200
Stephen Dausey
Director
board member
$0
$0
$0
$5,050
Darryl Small
Director
board member
$0
$0
$0
$3,850
Mike Lawless
President
chief executive officer
$0
$0
$0
$3,500
Timothy Jenkins
Director
board member
$0
$0
$0
$2,550

2023

Michael Furmanski
General Manager
officer (unspecified)
$154,776
$0
$3,257
$218,888
Troy Tiernan
Operations Manager
highest compensated employee
$132,568
$0
$1,412
$182,067
Jon Conger
Lead Lineman
highest compensated employee
$127,984
$0
$440
$165,919
Brandon Lind
Lineman
highest compensated employee
$126,834
$0
$382
$164,120
Lynn Labadie
Finance Manager
officer (unspecified)
$106,981
$0
$1,242
$155,520
Cody Warren
Lead Lineman
highest compensated employee
$0
$0
$0
$145,943
Brandon Benda
Lineman
highest compensated employee
$0
$0
$0
$138,280
Don Johnson
Director
board member
$0
$0
$0
$10,550
Stephen Wery
Director
board member
$0
$0
$0
$10,300
Kirk Bruno
Director
board member
$0
$0
$0
$9,600
Jesse Betters
Secretary/Treasurer
officer (unspecified)
$0
$0
$0
$6,150
Michael Lawless
President
chief executive officer
$0
$0
$0
$5,550
Stephen Dausey
Director (As of Mar 23)
board member
$0
$0
$0
$5,300
Darryl Small
Director
board member
$0
$0
$0
$5,050
Karen Alholm
Vice President
vice president
$0
$0
$0
$4,650
William Wotruba
Director (As of Mar 23)
board member
$0
$0
$0
$3,550

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Learn more

Data from IRS Form 990 filings (2023-2024).