CSCharityScored
90

Thumb Electric Cooperative Of Michigan Inc

Other · Ubly, Michigan

2231 E Main St, Ubly, MI 48475-9566

EIN: 381101255· Founded: Feb 1943· 83 years active· Filing Year: 2023

Annual Revenue

$31.3M

Total Expenses

$30.7M

Total Assets

$169.4M

Program Spending

99%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$797K

2.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$4.6M

Total Payroll

$5.7M

18% of total expenses

Where the Money Goes

99%
Programs: 99%
Payroll: 18%
Other overhead: 1%
Program Revenue$30.6M (98%)
Total Expenses$30.7M (98%)
Payroll$5.7M (18%)
Overhead (non-program)1%

Trust Score Breakdown

Program Spending Ratio

99% of expenses go to programs

40%

Revenue & Stability

$31.3M annual revenue

15%

Executive Compensation

$797K total officer comp (2.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$169.4M 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.