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Filing year 2024

Peninsula Generation Cooperative

Cadillac, Michigan·EIN 27-3659272·NTEE W80 · Public & Societal Benefit·501(c)(12)
Total revenue
$62.4M
Total assets
$15.1M
Total expenses
$62.4M
Reported officers
7
Mission

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.

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.

Browse compensation in Public & Societal Benefit

Pay in context

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%.

This organization (2024)
0.5%
Sector median
10%
Middle half of sector
4% to 22%

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.

$291k
2023
$314k
2024
In today's dollarsEst.
Up 5% in real terms$321k to $338k

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.

Pay for the position

Board Member pay rose 8% from 2023 to 2024, while revenue rose 7%.

$291k in 2023 to $314k in 2024.
  • 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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

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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