Compensation 990

Wolverine Power Supply Cooperative Inc

Fiscal year ending 2022. Filed on November 15, 2023.

10125 W Watergate Road PO Box 229
Suite B
Cadillac, Michigan 49601

Wolverine Power Supply Cooperative Inc (EIN: 38-1326766) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Wolverine Power Supply Cooperative Inc, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 9 out of 184 total employees. Among the employees shown here, the average compensation is $424,139. The highest compensated employee at Wolverine Power Supply Cooperative Inc is Eric Baker with fiscal year 2022 compensation of $997,736.

Revenue, expenses, and employee compensation

Revenue

$706,588,810

Expenses

$704,772,082

Employee compensation

$28,653,325
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－26.9%vs 2021
Eric Baker
President and Chief Executive Officer
$997,736
$849,636 from orgNo related comp$148,100 other
－72.5%vs 2021
Craig Borr
Executive Vice President
$563,434
$441,222 from orgNo related comp$122,212 other
＋9.0%vs 2021
Joseph Baumann
Chief Legal Officer
$408,912
$328,853 from orgNo related comp$80,059 other
＋35.5%vs 2019
Zachary J Anderson
Chief Operating Officer
$358,153
$299,967 from orgNo related comp$58,186 other
＋12.0%vs 2021
Kacy Wickenhauser
Chief Human Resources Officer
$325,887
$247,255 from orgNo related comp$78,632 other
＋12.6%vs 2019
Timothy J Martin
Vice President Engineering and Operations
$312,670
$232,732 from orgNo related comp$79,938 other
＋77.4%vs 2016
Daniel J Calverley
Vice President Generation and Operations
$302,621
$227,583 from orgNo related comp$75,038 other
New in 2022
Daniel H Decoeur
Vice President
$276,797
$204,337 from orgNo related comp$72,460 other
－4.5%vs 2021
Dawn Coon
Vice President, Administration
$271,045
$200,496 from orgNo related comp$70,549 other

Non-Employee Board Members

＋3.2%vs 2021
Terry Lautner
Chair and Director
$32,100
$31,600 from org$500 from relatedNo other comp
＋3.7%vs 2021
Shirley Sprague
Treasurer and Director
$27,700
$27,700 from orgNo related compNo other comp
＋8.3%vs 2021
Melinda Lautner
Director
$26,000
$13,000 from orgNo related comp$13,000 other
New in 2022
Ric Evans
Director
$25,500
$25,500 from orgNo related compNo other comp
＋8.7%vs 2021
Tom van Pelt
Director
$25,000
$12,500 from orgNo related comp$12,500 other
－0.2%vs 2021
Paul Byl
Secretary and Director
$23,500
$19,550 from org$500 from related$3,450 other
＋7.0%vs 2021
Allan Berg
Director
$23,000
$0 from orgNo related comp$23,000 other
－2.1%vs 2021
Gerry Bundle
Vice Chair and Director
$23,000
$23,000 from orgNo related compNo other comp
±0%vs 2021
Rob Hunter
Director
$23,000
$23,000 from orgNo related compNo other comp
±0%vs 2021
Mark Carson
Director
$23,000
$23,000 from orgNo related compNo other comp
New in 2022
Clarance Barth
Director
$21,000
$21,000 from orgNo related compNo other comp
New in 2022
Kimber Hansen
Director (April - December)
$20,000
$20,000 from orgNo related compNo other comp

Mission Statement

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.

Revisions to this organization profile

October 29, 2025:
2024 Wolverine Power Supply Cooperative Inc 990 filed
November 15, 2024:
2023 Wolverine Power Supply Cooperative Inc 990 filed
November 15, 2023:
2022 Wolverine Power Supply Cooperative Inc 990 filed

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