Peninsula Generation Cooperative, Inc. is a Michigan nonprofit cooperative corporation established to provide electric power to its sole member, Wolverine Power Supply Cooperative, Inc.
Executive compensation
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.
| Position | Total |
|---|---|
Director Board Member Above 90th percentile | $314k $338k |
Director / President Median to 75th percentile | $150k $161k |
Secretary Secretary (Operational) Median to 75th percentile | $134k $144k |
Treasurer (as of Dec 2024) 25th percentile to median | $109k $117k |
Treasurer (jan - Nov) 25th percentile to median | $90k $97k |
Director / Chair Board Chair 25th percentile to median | $13k $13k |
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.
Plus 1 unpaid individual.
Top pay as a share of expenses
In 2024, the highest total compensation at Peninsula Generation Cooperative equaled 0.5% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 8%
from 2023
From $291k in 2023 to $314k in 2024.
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.
Board Member pay rose 8% from 2023 to 2024, while revenue rose 7%.
- Chief Executive Officer pay rose 2% from 2023 to 2024.
- Secretary (Operational) pay rose 2% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Peninsula Generation Cooperative
What does the Board Member of Peninsula Generation Cooperative earn?
In 2024, the Board Member of Peninsula Generation Cooperative received $313,880 in total compensation. This pay is in the top 10% for Board Member roles among Public & Societal Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at Peninsula Generation Cooperative compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Board Member at Peninsula Generation Cooperative falls in the top 10%. In 2024, the highest total compensation at Peninsula Generation Cooperative equaled 0.5% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are Peninsula Generation Cooperative's revenue and expenses?
In 2024, Peninsula Generation Cooperative reported $62.4M in total revenue and $62.4M in total expenses on its IRS Form 990.
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