CSCharityScored
90

Great Lakes Energy Cooperative

Other · Boyne City, Michigan

1323 Boyne Ave, Boyne City, MI 49712-8940

EIN: 383321875· Founded: Oct 1997· 29 years active· Filing Year: 2023

Annual Revenue

$256.3M

Total Expenses

$256.3M

Total Assets

$961.4M

Program Spending

99%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.2M

0.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$2.2M

1% of total expenses

Where the Money Goes

99%
Programs: 99%
Payroll: 1%
Other overhead: 1%
Program Revenue$254.3M (99%)
Total Expenses$256.3M (100%)
Payroll$2.2M (1%)
Overhead (non-program)1%

Trust Score Breakdown

Program Spending Ratio

99% of expenses go to programs

40%

Revenue & Stability

$256.3M annual revenue

15%

Executive Compensation

$2.2M total officer comp (0.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$961.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.