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Filing year 2023

GREAT LAKES ENERGY COOPERATIVE

Boyne City, Michigan·EIN 38-3321875·501(c)(12)
Total revenue
$256.3M
Total assets
$961.4M
Total expenses
$256.3M
Reported officers
19
Mission

Built and led by the communities we serve, we connect our members to innovative energy and communications programs and services.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Pres, Chief Executive Officer
Above 90th percentile
$548k
$606k
Base
$376k
Bonus
$50k
Other
$1k
Benefits
$28k
Vp, Infomation Technology
Board Vice President
Above 90th percentile
$413k
$457k
Base
$247k
Bonus
$35k
Other
$2k
Benefits
$27k
Chief Operating Officer
Above 90th percentile
$376k
$416k
Base
$226k
Bonus
$24k
Other
$2k
Benefits
$28k
Chief Financial Officer
Above 90th percentile
$367k
$406k
Base
$252k
Bonus
$26k
Other
$1k
Benefits
$28k
Chief Impact Officer
Officer (Unspecified)
$354k
$391k
Base
$214k
Bonus
$37k
Other
$2k
Benefits
$28k
Director of Operations
Above 90th percentile
$338k
$373k
Base
$191k
Bonus
$23k
Other
$2k
Benefits
$29k
Manager, Operations
Operations Manager
Above 90th percentile
$296k
$327k
Base
$234k
Bonus
$15k
Other
$1k
Benefits
$15k
Chief Strategy Officer
Officer (Unspecified)
$288k
$318k
Base
$247k
Bonus
$29k
Other
$751
Benefits
$9k
Lineworker
Highest Compensated Employee
75th to 90th percentile
$272k
$300k
Base
$182k
Bonus
$8k
Other
$12k
Benefits
$24k
Vp, Engineering
Board Vice President
75th to 90th percentile
$263k
$291k
Base
$218k
Bonus
$15k
Other
$972
Benefits
$10k
Director
Board Member
Median to 75th percentile
$45k
$50k
Director
Board Member
Median to 75th percentile
$33k
$37k
Director
Board Member
Median to 75th percentile
$32k
$35k
Director
Board Member
Median to 75th percentile
$31k
$35k
Director
Board Member
Median to 75th percentile
$31k
$34k
Director
Board Member
Median to 75th percentile
$30k
$33k
Director
Board Member
Median to 75th percentile
$30k
$33k
Director
Board Member
Median to 75th percentile
$29k
$32k
Director
Board Member
Median to 75th percentile
$27k
$30k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

FAQ

Common questions about GREAT LAKES ENERGY COOPERATIVE

What does the Chief Executive Officer of GREAT LAKES ENERGY COOPERATIVE earn?

In 2023, the Chief Executive Officer of GREAT LAKES ENERGY COOPERATIVE received $548,411 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GREAT LAKES ENERGY COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at GREAT LAKES ENERGY COOPERATIVE falls in the top 10%.

What are GREAT LAKES ENERGY COOPERATIVE's revenue and expenses?

In 2023, GREAT LAKES ENERGY COOPERATIVE reported $256.3M in total revenue and $256.3M in total expenses on its IRS Form 990.

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