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Nonprofit · EIN 38-3386126

MIDWEST ENERGY COOPERATIVE

Tax-exempt · CASSOPOLIS, MI 49031

Financials

$146.6M$145.1M2023$168.1M$167.2M2024
Revenue Expenses · by fiscal year end
Financials of MIDWEST ENERGY COOPERATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$168,084,071$167,152,597$931,474$592,487,549$418,600,189$173,887,360
December 31, 2023990$146,613,441$145,147,935$1,465,506$480,967,655$345,509,162$135,458,493
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$136,465,196
Investment income
$360,694
Net rental income
$178,812
Net gain from sales of assets
-$71,334
Net income from sales of inventory
$6,593
Other revenue
$31,258,181

Expenses

Grants and similar amounts paid
$8,319
Benefits paid to members
$36,892,640
Compensation of officers, directors and key employees
$2,689,426
Other salaries and wages
$188,872
Salaries, compensation and benefits (total)
$3,351,303
Professional fundraising fees
$0
Legal fees
$230,830
Accounting fees
$133,613
Depreciation
$18,603,790

Balance sheet and other

Total assets, start of year
$480,967,655
Total assets, end of year
$592,487,549
Total liabilities, end of year
$418,600,189
Net assets, end of year
$173,887,360
Land, buildings and equipment
$489,504,318
Gross unrelated business income
-$2,272
Gross receipts
$168,439,563
Employees
189
Volunteers
0
Year formed
1998
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ROBERT HANCECEO/PRESIDENT (THRU 9/24)
Officer
0$614,252$130,485
TERRY RUBENTHALERCEO/PRESIDENT
Officer
50$391,738$32,654
TODD CRANDALLCFO
Officer
55$286,598$56,814
JAMES HAASVP REGULATORY & GAS OPERATIONS
Highest-paid employee
52$197,257$108,212
CANDY RIEMVP MARKETING & MEMBER SOLUTIONS
Key employee
50$256,324$32,547
CHAD RITCHIEVP ELECTRIC & FIBER OPERATIONS
Key employee
50$243,766$31,568
KERRI WADEVP EMPLOYMENT ENGAGEMENT
Key employee
50$228,161$26,637
JORDAN WILSONLINEMAN
Highest-paid employee
54$204,292$46,037
MARK VANTINELINEMAN
Highest-paid employee
52$201,667$45,722
DAVID ALLENVP REGULATORY & GAS OPERATIONS
Highest-paid employee
50$197,742$41,499
PATRICK HARDINGLINEMAN
Highest-paid employee
53$207,702$29,843
DWAIN CHAPMANCHIEF STRAT & CYBER SEC (THRU 6/24)
Officer
0$127,426$29,936
GERRY BUNDLEDIRECTOR
Trustee or director
5.8$33,700$13
DANIEL BODETTEVICE CHAIRMAN
Trustee or director, Officer
5.3$26,000$13
CLARENCE BARTHCHAIRMAN
Trustee or director, Officer
3.7$23,700$8
7 more people on this return
NameTitleHours / weekCompensationOther / benefits
RONALD ARMSTRONGSECRETARY
Trustee or director, Officer
5.1$23,000$13
ERIKA ESCUE-CADIEUXDIRECTOR
Trustee or director
5.5$22,500$13
JIM WISELEYDIRECTOR
Trustee or director
4.5$22,000$13
FRED TURKDIRECTOR
Trustee or director
3.6$21,500$13
JOHN GREENTREASURER
Trustee or director, Officer
2.5$15,000$13
BEN RUSSELLVICE CHAIRMAN (THRU 6/24)
Trustee or director, Officer
3.2$9,000$8
JEFFERY DIEHLDIRECTOR
Trustee or director
3.2$4,000$13
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
ROBERT HANCECEO/PRESIDENT
Officer
65$510,076$72,091
TERRY RUBENTHALERCTO
Officer
50$358,272$31,663
DWAIN CHAPMANCHIEF STRATEGIC & CYBER SECURITY
Officer
50$295,783$33,197
STEPHEN HUNSBERGERLINEMAN
Highest-paid employee
51.4$187,036$127,352
TODD CRANDALLCFO
Officer
55$274,471$33,808
JAMES HAASVP REGULATORY & GAS OPERATIONS
Highest-paid employee
50.8$178,655$96,092
KURT SCHANTZLINEMAN
Highest-paid employee
50.2$177,196$89,726
CHAD RITCHIEVP ELECTRIC & FIBER OPERATIONS
Key employee
50$235,401$30,093
CANDY RIEMVP MARKETING & MEMBER SERVICES
Key employee
50$223,515$30,229
KERRI WADEVP EMPLOYEE ENGAGEMENT
Key employee
50$213,145$24,469
DAVID ALLENVP REGULATORY & GAS OPERATIONS
Highest-paid employee
50$183,232$25,040
PATRICK HARDINGLINEMAN
Highest-paid employee
50.8$182,565$7,242
GERRY BUNDLEDIRECTOR
Trustee or director
4.1$27,800$13
CLARENCE BARTHCHAIRMAN
Trustee or director, Officer
2.8$21,150$8
JAMES WISELYDIRECTOR
Trustee or director
4.8$20,200$13
DANIEL BODETTEDIRECTOR
Trustee or director
3.6$18,700$13
FRED TURKDIRECTOR
Trustee or director
2.5$15,200$13
JOHN GREENTREASURER
Trustee or director, Officer
2$11,200$13
ERIKA ESCUE-CADIEUXDIRECTOR
Trustee or director
2.9$11,200$13
RONALD ARMSTRONGSECRETARY
Trustee or director, Officer
1.8$10,200$13
BEN RUSSELLVICE CHAIRMAN
Trustee or director, Officer
1.7$10,200$8

Address and contacts

Address (IRS master file)
60590 DECATUR RD, CASSOPOLIS, MI 49031-8412
Principal officer (990 for 2024)
ROBERT HANCE, 60590 DECATUR ROAD, CASSOPOLIS, MI 49031
Signed the 990
TODD R CRANDALL, CFO
Phone
(269) 445-1000
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

PROVIDE ELECTRIC POWER TO MEMBERS

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE ELECTRIC POWER TO OVER 37,025 MEMBERS

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
38-3386126
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$592,487,549
Income (IRS master file)
$168,439,563

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$168,084,071$167,152,597$592,487,549XML
990December 2023$146,613,441$145,147,935$480,967,655XML
990December 2022$134,375,062$133,311,610$400,689,871IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-3386126).

Questions about MIDWEST ENERGY COOPERATIVE

What is the EIN of MIDWEST ENERGY COOPERATIVE?
The employer identification number (EIN) of MIDWEST ENERGY COOPERATIVE is 38-3386126.
Is MIDWEST ENERGY COOPERATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2001.
Are donations to MIDWEST ENERGY COOPERATIVE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MIDWEST ENERGY COOPERATIVE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MIDWEST ENERGY COOPERATIVE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MIDWEST ENERGY COOPERATIVE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MIDWEST ENERGY COOPERATIVE?
The 990 for the year ended December 31, 2024 names ROBERT HANCE.
Who are the officers and directors of MIDWEST ENERGY COOPERATIVE?
The 990 for the year ended December 31, 2024 lists 22 people; 22 received compensation from the organization, the highest $614,252 (ROBERT HANCE, CEO/PRESIDENT (THRU 9/24)).
How much revenue does MIDWEST ENERGY COOPERATIVE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $168,084,071, expenses of $167,152,597 and total assets of $592,487,549 at year end.

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