Wolverine Power Supply Cooperative, Inc., a Michigan nonprofit cooperative, is dedicated to delivering reliable and competitively priced electric power, while providing exceptional service to its members.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $546k
- Bonus
- $425k
- Other
- $1k
- Benefits
- $38k
- Base
- $426k
- Bonus
- $69k
- Other
- $5k
- Benefits
- $40k
- Base
- $256k
- Bonus
- —
- Other
- $2k
- Benefits
- $31k
- Base
- $329k
- Bonus
- $25k
- Other
- $216
- Benefits
- $36k
- Base
- $333k
- Bonus
- $25k
- Other
- $360
- Benefits
- $19k
- Base
- $252k
- Bonus
- $25k
- Other
- $240
- Benefits
- $35k
- Base
- $218k
- Bonus
- —
- Other
- $1k
- Benefits
- $31k
- Base
- $233k
- Bonus
- —
- Other
- $360
- Benefits
- $30k
- Base
- $197k
- Bonus
- —
- Other
- $942
- Benefits
- $32k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentile | $546k | $425k | $1k | $38k | $1.3M $1.4M |
Executive Vice President Above 90th percentile | $426k | $69k | $5k | $40k | $698k $751k |
VP of Generation & Operations Board Vice President Above 90th percentile | $256k | — | $2k | $31k | $515k $554k |
Chief Operating Officer Above 90th percentile | $329k | $25k | $216 | $36k | $503k $541k |
Chief Legal Officer Key Employee Above 90th percentile | $333k | $25k | $360 | $19k | $492k $530k |
Chief Human Resources Officer Key Employee Above 90th percentile | $252k | $25k | $240 | $35k | $407k $437k |
VP of Administration Board Vice President Above 90th percentile | $218k | — | $1k | $31k | $367k $395k |
VP of Accounting & Finance Board Vice President Above 90th percentile | $233k | — | $360 | $30k | $343k $369k |
Operator I - Maintenance Highest Compensated Employee 75th to 90th percentile | $197k | — | $942 | $32k | $280k $301k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $27k |
Director / Vice Chair Board Chair 25th percentile to median | — | — | — | — | $25k $27k |
Director Board Member Median to 75th percentile | — | — | — | — | $25k $27k |
Director / Treasurer Officer (Unspecified) | — | — | — | — | $24k $25k |
Director Board Member Median to 75th percentile | — | — | — | — | $24k $25k |
Director Board Member Median to 75th percentile | — | — | — | — | $23k $24k |
Director / Secretary Officer (Unspecified) | — | — | — | — | $23k $24k |
Director Board Member Median to 75th percentile | — | — | — | — | $22k $24k |
Director Board Member Median to 75th percentile | — | — | — | — | $22k $23k |
Director (apr - Dec) Board Member Median to 75th percentile | — | — | — | — | $18k $19k |
Director (jun - Dec) Board Member 25th percentile to median | — | — | — | — | $14k $15k |
Director (jan - Mar) Board Member 25th percentile to median | — | — | — | — | $8k $8k |
Director (jan - May) Board Member 25th percentile to median | — | — | — | — | $5k $5k |
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 3 unpaid individuals.
Up 6%
from 2023
From $1.2M in 2023 to $1.3M 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.
Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue rose 1%.
- Executive Vice President pay fell 7% from 2023 to 2024.
- Board Vice President pay rose 4% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
Wolverine Power Supply Cooperative Inc reported revenue and expenses across 2 filing years.
Common questions about Wolverine Power Supply Cooperative Inc
What does the Chief Executive Officer of Wolverine Power Supply Cooperative Inc earn?
In 2024, the Chief Executive Officer of Wolverine Power Supply Cooperative Inc received $1,285,112 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 Wolverine Power Supply Cooperative Inc compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Wolverine Power Supply Cooperative Inc falls in the top 10%.
What are Wolverine Power Supply Cooperative Inc's revenue and expenses?
In 2024, Wolverine Power Supply Cooperative Inc reported $544.9M in total revenue and $544.9M in total expenses on its IRS Form 990.
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