Alger Delta Cooperative Electric

Unknown organization based in Gladstone, MI. 21 employees. Exempt under §501(c)(12).

MissionElectrical distribution utility providing service to rural areas

EIN
38-0289531
State
MI
Sector
Unknown
Budget band
$10M–$25M
Latest filing
TY 2024
Records
7 officers · 6 years

Financial snapshot · TY 2024

$18.6M
Total revenue
$18.6M
Total expenses
$58.0M
Net assets

Financial health · TY 2024

28
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
71
12.7 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Michael Furmanski
General Manager
$215,550
$197,012
Troy Tiernan
Operations Manager
$178,486
Jonathan Conger
Lead Lineman
$176,731
Lynn Labadie
Finance Manager
$162,631

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