Thumb Electric Cooperative Of Michigan Inc

Ubly, MI
Tax-exempt since Feb. 1943
EIN: 38-1101255

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Revenue

$31.3M (2023)

Expenses

$30.7M (2023)

Total Assets

$169M (2023)

Total Liabilities

$134M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$31,267,329

Expenses

$30,744,976

Net Income

$522,353

Net Assets

$35,238,961

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$30,575,610	97.8%
Investment Income	$634,339	2.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$47,538	0.2%
Net Fundraising	$0
Sales of Assets	$9,842	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$797,068	2.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,621,022	15.0%

Assets/Debt
Total Assets	$169,361,198
Total Liabilities	$134,122,237
Net Assets	$35,238,961

Club or Co-Op Income
Income From Members	$26,781,316
Income From Other Sources	$1,243,709

Compensation

Key Employees and Officers	Compensation	Related	Other
Bradley Essenmacher (General Manager)	$252,879	$0	$110,728
Dallas Braun (Former General Manager)	$213,028	$0	$30,202
Brandon Legault (Operations Manager)	$165,700	$0	$35,659
James Vogel (Journeyman Lineman Foreman)	$162,691	$0	$42,792
Gary Burns Jr (Journeyman Lineman Foreman)	$157,088	$0	$30,515
Jeffrey Swick (Journeyman Lineman)	$149,516	$0	$63,136
Daniel Land (Journeyman Lineman)	$149,138	$0	$17,407
Jacob Waun (Journeyman Lineman)	$147,317	$0	$15,012
Deborah Peruski (Accounting Manager)	$123,744	$0	$152,564
Jonathan M Findlay (President)	$14,000	$0	$0
Kim Nunn (Vice President)	$11,200	$0	$0
Craig M Osentoski (Director)	$8,200	$0	$0
Matt L Sommer (Director)	$8,200	$0	$0
Mike P Briolat (Secretary)	$8,000	$0	$0
Randall J Dhyse (Treasurer)	$7,400	$0	$0
Louis E Wenzlaff (Director)	$7,400	$0	$0
Erica L Weidman (Director)	$6,000	$0	$0
Duane Kursinsky (Director)	$5,800	$0	$0

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990

Filed on Oct. 22, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$28,200,697

Expenses

$27,026,663

Net Income

$1,174,034

Net Assets

$31,988,879

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$27,510,812	97.6%
Investment Income	$636,152	2.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$55,066	0.2%
Net Fundraising	$0
Sales of Assets	$1,794	0.0%
Net Inventory Sales	-$3,127
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$818,441	3.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$142,582,924
Total Liabilities	$110,594,045
Net Assets	$31,988,879

Club or Co-Op Income
Income From Members	$24,643,796
Income From Other Sources	$1,748,971

Compensation

Key Employees and Officers	Compensation	Related	Other
Dallas Braun (General Manager)	$279,301	$0	$31,417
Bradley Essenmacher (Broadband Manager)	$190,585	$0	$120,678
Gary Burns Jr (Lineman)	$174,757	$0	$38,315
Jim Vogel (Lineman)	$169,163	$0	$55,112
Jason Lawhorn (Lineman)	$160,941	$0	$43,116
Mike Cleland (Lineman)	$155,768	$0	$44,029
Jeffrey Swick (Lineman)	$153,661	$0	$76,670
Deborah Peruski (Finance Executive)	$116,876	$0	$164,807
Kim Nunn (Vice President)	$12,813	$0	$0
Jonathan Findlay (President)	$10,150	$0	$0
Matt Sommer (Director)	$10,113	$0	$0
Craig Osentoski (Director)	$10,063	$0	$0
Mike Briolat (Director)	$8,513	$0	$0
Randall Dhyse (Treasurer)	$8,463	$0	$0
Louis Wenzlaff (Director)	$6,813	$0	$0
Duane Kursinsky (Director)	$5,238	$0	$0
Beth Mc Donald (Director (January April))	$2,813	$0	$0
Erica Peruski (Director)	$2,000	$0	$0

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990

Filed on Nov. 13, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$24,270,853

Expenses

$24,603,733

Net Income

-$332,880

Net Assets

$29,443,244

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$24,137,746	99.5%
Investment Income	$76,673	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$42,895	0.2%
Net Fundraising	$0
Sales of Assets	$6,302	0.0%
Net Inventory Sales	$7,237	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$505,158	2.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$121,318,630
Total Liabilities	$91,875,386
Net Assets	$29,443,244

Club or Co-Op Income
Income From Members	$24,979,374
Income From Other Sources	$2,570,349

Compensation

Key Employees and Officers	Compensation	Related	Other
Dallas Braun (General Manager)	$245,187	$0	$205,382
Bradley Essenmacher (Broadband Manager)	$167,916	$0	$79,289
Jim Vogel (Lineman)	$165,325	$0	$50,508
Mike Cleland (Lineman)	$163,039	$0	$40,769
Mike Kozlowski (Lineman)	$161,449	$0	$55,102
Gary Burns Jr (Lineman)	$156,206	$0	$36,244
Deborah Peruski (Finance Executive)	$109,498	$0	$152,458
Kim Nunn (Vice President)	$8,700	$0	$0
Jonathan Findlay (President)	$7,825	$0	$0
Randall Dhyse (Treasurer)	$7,575	$0	$0
Beth Mc Donald (Secretary)	$7,050	$0	$0
Louis Wenzlaff (Director)	$6,388	$0	$0
Duane Kursinsky (Director)	$5,075	$0	$0
Mike Briolat (Director)	$4,700	$0	$0
Craig Osentoski (Director)	$4,375	$0	$0
Carl Cousins (Director(jan July))	$2,850	$0	$0
Matt Sommer (Director)	$750	$0	$0
Donald Wolschleger (Director(january))	$350	$0	$0

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990

Filed on Nov. 14, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$22,951,554

Expenses

$23,006,073

Net Income

-$54,519

Net Assets

$27,260,805

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$22,971,804	> 100%
Investment Income	$43,129	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$88,851
Net Fundraising	$0
Sales of Assets	$17,486	0.1%
Net Inventory Sales	$7,986	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$487,845	2.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$86,613,506
Total Liabilities	$59,352,701
Net Assets	$27,260,805

Club or Co-Op Income
Income From Members	$22,980,117
Income From Other Sources	$50,057

Compensation

Key Employees and Officers	Compensation	Related	Other
Dallas Braun (General Manager)	$240,793	$0	$157,277
Jim Vogel (Lineman)	$158,235	$0	$43,216
Brandon Bruce (Lineman)	$156,258	$0	$45,368
Jason Lawhorn (Lineman)	$154,748	$0	$33,101
Mike Kozlowski (Lineman)	$154,288	$0	$47,652
Mike Cleland (Lineman)	$154,088	$0	$35,228
Deborah Peruski (Finance Executive)	$106,210	$0	$119,300
Kim Nunn (Vice President)	$8,050	$0	$0
Louis Wenzlaff (President)	$6,300	$0	$0
Jonathan Findlay (Director)	$6,300	$0	$0
Mike Briolat (Director)	$6,300	$0	$0
Randall Dhyse (Treasurer)	$5,600	$0	$0
Beth Mc Donald (Secretary)	$4,900	$0	$0
Donald Wolschleger (Director)	$4,550	$0	$0
Duane Kursinsky (Director)	$4,550	$0	$0
Carl Cousins (Director)	$4,200	$0	$0

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990

Filed on Oct. 28, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$22,231,704

Expenses

$22,280,759

Net Income

-$49,055

Net Assets

$26,341,321

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$22,047,273	99.2%
Investment Income	$54,572	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$109,920	0.5%
Net Fundraising	$0
Sales of Assets	$8,648	0.0%
Net Inventory Sales	$11,291	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$472,927	2.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$82,093,205
Total Liabilities	$55,751,884
Net Assets	$26,341,321

Club or Co-Op Income
Income From Members	$22,089,319
Income From Other Sources	$255,711

Compensation

Key Employees and Officers	Compensation	Related	Other
Dallas Braun (General Manager)	$224,880	$0	$126,505
Mike Cleland (Lineman)	$149,419	$0	$28,747
Gary Burns Jr (Lineman)	$147,713	$0	$15,906
Jim Vogel (Lineman)	$146,967	$0	$32,574
Raymond Eskau (Lineman)	$145,748	$0	$16,640
Mike Kozlowski (Lineman)	$140,946	$0	$38,599
Deborah Peruski (Finance Executive)	$98,046	$0	$87,716
Beth Mc Donald (Secretary)	$9,625	$0	$0
Donald Wolschleger (Director)	$9,100	$0	$0
Kim Nunn (Vice President)	$8,225	$0	$0
Mike Briolat (Director)	$7,875	$0	$0
Randall Dhyse (Treasurer)	$7,700	$0	$0
Louis Wenzlaff (President)	$6,475	$0	$0
Jonathan Findlay (Director)	$5,775	$0	$0
Carl Cousins (Director)	$5,425	$0	$0
Duane Kursinsky (Director)	$4,725	$0	$0

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990

Filed on Nov. 9, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$22,377,923

Expenses

$22,407,026

Net Income

-$29,103

Net Assets

$25,593,079

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$22,215,023	99.3%
Investment Income	$74,592	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$79,023	0.4%
Net Fundraising	$0
Sales of Assets	$1,470	0.0%
Net Inventory Sales	$7,815	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$517,365	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$78,243,208
Total Liabilities	$52,650,129
Net Assets	$25,593,079

Club or Co-Op Income
Income From Members	$22,259,386
Income From Other Sources	$258,848

Compensation

Key Employees and Officers	Compensation	Related	Other
Dallas Braun (General Manager)	$218,555	$0	$105,362
Mike Cleland (Lineman)	$147,992	$0	$8,337
Brandon Bruce (Lineman)	$145,753	$0	$15,511
Mike Kozlowski (Lineman)	$144,709	$0	$13,462
Jeff Swick (Lineman)	$144,154	$0	$28,497
Jim Vogel (Lineman)	$141,623	$0	$13,113
Deborah Peruski (Finance Executive)	$87,829	$0	$30,750
A James Philp (Finance Executive)	$79,717	$0	$0
Kim Nunn (Vice President)	$8,025	$0	$0
Randall Dhyse (Treasurer)	$6,600	$0	$0
Jonathan Findlay (Director)	$6,200	$0	$0
Mike Briolat (Director)	$5,400	$0	$0
Donald Wolschleger (Director)	$5,150	$0	$0
Beth Mc Donald (Secretary)	$4,600	$0	$0
Louis Wenzlaff (President)	$4,425	$0	$0
Duane Kursinsky (Director)	$3,900	$0	$0
Carl Cousins (Director)	$3,900	$0	$0

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990

Filed on Nov. 1, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$21,061,541

Expenses

$21,088,338

Net Income

-$26,797

Net Assets

$24,685,360

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$20,960,930	99.5%
Investment Income	$58,032	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$35,352	0.2%
Net Fundraising	$0
Sales of Assets	$1,500	0.0%
Net Inventory Sales	$5,727	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$414,523	2.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,938,964	13.9%

Assets/Debt
Total Assets	$75,917,147
Total Liabilities	$51,231,787
Net Assets	$24,685,360

Club or Co-Op Income
Income From Members	$21,045,737
Income From Other Sources	$192,122

Compensation

Key Employees and Officers	Compensation	Related	Other
Dallas Braun (General Manager)	$193,912	$0	$75,193
Mike Cleland (Lineman)	$152,783	$0	$5,832
Jim Vogel (Lineman)	$146,832	$0	$9,378
Jeff Swick (Lineman)	$144,164	$0	$22,604
Brandon Bruce (Lineman)	$143,806	$0	$11,106
Mike Kozlowski (Lineman)	$141,903	$0	$9,626
Paul Voss (Lineman)	$138,744	$0	$27,753
Ray Kwiatkowski (Lineman)	$131,793	$0	$21,572
Brandon Le Gault (Line Supervisor)	$126,448	$0	$18,502
Brad Essenmacher (Member Services Manager)	$118,937	$0	$25,328
Mike Affer (Line Supervisor)	$118,593	$0	$22,176
Mike Weber (Lineman)	$108,230	$0	$5,759
Alan Rutkoski (Engineering Tech)	$100,178	$0	$15,869
James Philp (Finance Executive)	$98,242	$0	$9,162
Louis Wenzlaff (President)	$8,550	$0	$0
Don Wolschleger (Vice President)	$7,200	$0	$0
Kim Nunn (Director)	$6,600	$0	$0
Beth Mc Donald (Secretary)	$5,700	$0	$0
Randy Dhyse (Treasurer)	$5,700	$0	$0
John Findlay (Director)	$5,100	$0	$0
Carl Cousins (Director)	$4,200	$0	$0
Mike Briolat (Director)	$4,200	$0	$0
Duane Kursinsky (Director)	$3,900	$0	$0

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990

Filed on Oct. 29, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$20,430,946

Expenses

$20,444,244

Net Income

-$13,298

Net Assets

$24,175,889

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$20,285,799	99.3%
Investment Income	$74,221	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$33,882	0.2%
Net Fundraising	$0
Sales of Assets	$26,113	0.1%
Net Inventory Sales	$10,931	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$347,250	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,656,988	13.0%

Assets/Debt
Total Assets	$71,955,095
Total Liabilities	$47,779,206
Net Assets	$24,175,889

Club or Co-Op Income
Income From Members	$20,242,261
Income From Other Sources	$255,565

Compensation

Key Employees and Officers	Compensation	Related	Other
Dallas Braun (General Manager)	$160,922	$0	$74,596
Mike Cleland (Lineman)	$127,173	$0	$4,239
Ray Eskau (Lineman)	$121,199	$0	$4,249
Brandon Bruce (Lineman)	$119,924	$0	$8,613
Paul Voss (Lineman)	$113,275	$0	$23,724
Mike Weber (Lineman)	$112,134	$0	$5,466
Jim Vogel (Lineman)	$111,270	$0	$7,327
Mike Kozlowski (Lineman)	$111,070	$0	$7,515
Ray Kwiatkowski (Lineman)	$107,321	$0	$17,894
James Philp (Finance Executive)	$70,473	$0	$52,164
Don Wolschleger (Vice President)	$6,900	$0	$0
Kim Nunn (Director)	$6,300	$0	$0
Mike Briolat (Director)	$6,000	$0	$0
Louis Wenzlaff (President)	$5,550	$0	$0
John Findlay (Director)	$5,100	$0	$0
Beth Mc Donald (Secretary)	$4,500	$0	$0
Randy Dhyse (Treasurer)	$4,500	$0	$0
Carl Cousins (Director)	$4,500	$0	$0
Duane Kursinsky (Director)	$3,900	$0	$0

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990

Filed on Sept. 7, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$19,746,567

Expenses

$19,772,114

Net Income

-$25,547

Net Assets

$23,568,846

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$19,660,223	99.6%
Investment Income	$44,577	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$34,222	0.2%
Net Fundraising	$0
Sales of Assets	$2,703	0.0%
Net Inventory Sales	$4,842	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$337,956	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,609,333	13.2%

Assets/Debt
Total Assets	$69,750,154
Total Liabilities	$46,181,308
Net Assets	$23,568,846

Club or Co-Op Income
Income From Members	$19,665,693
Income From Other Sources	$188,742

Compensation

Key Employees and Officers	Compensation	Related	Other
Dallas Braun (General Manager)	$161,823	$0	$78,839
Mike Cleland (Lineman)	$129,898	$0	$6,457
Ray Eskau (Lineman)	$121,275	$0	$4,739
Mike Kozlowski (Lineman)	$117,959	$0	$9,311
Brandon Bruce (Lineman)	$116,061	$0	$9,616
Ray Kwiatkowski (Lineman)	$112,058	$0	$18,516
Mike Weber (Lineman)	$111,365	$0	$7,617
Jim Vogel (Lineman)	$109,365	$0	$10,608
Paul Voss (Lineman)	$106,734	$0	$23,824
James Philp (Finance Executive)	$69,440	$0	$48,819
Beth Mc Donald (Secretary)	$6,250	$0	$0
Don Wolschleger (Vice President)	$5,550	$0	$0
Louis Wenzlaff (President)	$5,450	$0	$0
Kim Nunn (Director)	$5,300	$0	$0
John Findlay (Director)	$4,950	$0	$0
Mike Briolat (Director)	$4,550	$0	$0
Randy Dhyse (Treasurer)	$4,350	$0	$0
Carl Cousins (Director)	$4,100	$0	$0
Duane Kursinsky (Director)	$3,300	$0	$0

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990

Filed on July 21, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$19,523,241

Expenses

$19,551,328

Net Income

-$28,087

Net Assets

$23,825,505

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$19,403,915	99.4%
Investment Income	$72,582	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$36,208	0.2%
Net Fundraising	$0
Sales of Assets	$1,905	0.0%
Net Inventory Sales	$8,631	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$327,217	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,670,603	13.7%

Assets/Debt
Total Assets	$66,941,990
Total Liabilities	$43,116,485
Net Assets	$23,825,505

Club or Co-Op Income
Income From Members	$19,401,595
Income From Other Sources	$235,697

Compensation

Key Employees and Officers	Compensation	Related	Other
Dallas Braun (General Manager)	$162,099	$0	$70,556
Mike Cleland (Lineman)	$132,891	$0	$7,043
Mike Kozlowski (Lineman)	$121,153	$0	$8,989
Rich Timko (Lineman)	$119,357	$0	$9,135
Jim Vogel (Lineman)	$119,106	$0	$9,967
Jeff Swick (Lineman)	$116,573	$0	$17,970
Mike Affer (Lineman)	$116,440	$0	$17,043
Brandon Bruce (Lineman)	$116,258	$0	$27,399
James Philp (Finance Executive)	$75,092	$0	$42,896
Louis Wenzlaff (President)	$4,900	$0	$0
Kim Nunn (Director)	$4,200	$0	$0
Beth Mc Donald (Secretary)	$4,000	$0	$0
Randy Dhyse (Treasurer)	$3,600	$0	$0
Carl Cousins (Director)	$3,600	$0	$0
Don Wolschleger (Vice President)	$2,800	$0	$0
Karl De Simpelare (Director)	$2,800	$0	$0
Lynn Morell (Director)	$2,800	$0	$0
Duane Kursinsky (Director)	$2,400	$0	$0

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990

Filed on July 23, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$18,855,175

Expenses

$18,903,869

Net Income

-$48,694

Net Assets

$22,660,086

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$18,686,300	99.1%
Investment Income	$118,149	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$66,771	0.4%
Net Fundraising	$0
Sales of Assets	-$25,574
Net Inventory Sales	$9,529	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$318,065	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,324,254	12.3%

Assets/Debt
Total Assets	$67,035,324
Total Liabilities	$44,375,238
Net Assets	$22,660,086

Club or Co-Op Income
Income From Members	$18,713,851
Income From Other Sources	$269,650

Compensation

Key Employees and Officers	Compensation	Related	Other
Dallas Braun (General Manager)	$151,010	$0	$73,597
Mike Cleland (Lineman)	$123,259	$0	$6,671
Mike Kozlowski (Lineman)	$121,852	$0	$8,792
Mike Affer (Lineman)	$110,145	$0	$16,424
Richard Timko (Lineman)	$102,776	$0	$26,013
Jeff Swick (Lineman)	$102,752	$0	$17,442
James Philp (Finance Executive)	$72,148	$0	$43,058
Louis Wenzlaff (President)	$4,900	$0	$0
Donald Wolschleger (Vice President)	$4,600	$0	$0
Kim Nunn (Director)	$4,000	$0	$0
Karl Desimpelare (Director)	$3,600	$0	$0
Beth Mc Donald (Secretary)	$3,400	$0	$0
Randall Dhyse (Director)	$3,400	$0	$0
Leonard Briolat (Treasurer)	$3,000	$0	$0
Carl Couisins (Director)	$2,600	$0	$0
Duane Kursinsky (Director)	$2,400	$0	$0

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990

Filed on July 28, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$18,090,414

Expenses

$18,136,571

Net Income

-$46,157

Net Assets

$22,632,402

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$17,971,553	99.3%
Investment Income	$102,363	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$6,394	0.0%
Net Fundraising	$0
Sales of Assets	$292	0.0%
Net Inventory Sales	$9,812	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$322,358	1.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,082,968	11.5%

Assets/Debt
Total Assets	$62,784,256
Total Liabilities	$40,151,854
Net Assets	$22,632,402

Club or Co-Op Income
Income From Members	$18,239,525
Income From Other Sources	$117,008

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$18,995,584

Expenses

$17,781,134

Net Income

$1,214,450

Net Assets

$21,442,684

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$18,914,907	99.6%
Investment Income	$121,205	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	-$40,528

Notable Expenses		Percent of Total Expenses
Executive Compensation	$154,890	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,064,405	6.0%

Assets/Debt
Total Assets	$60,034,366
Total Liabilities	$38,591,682
Net Assets	$21,442,684

Club or Co-Op Income
Income From Members	$19,004,901
Income From Other Sources	$105,107

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 2, 2024

Thumb Electric Cooperative Of Michigan Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $31.3M (2023)

Expenses $30.7M (2023)

Total Assets $169M (2023)

Total Liabilities $134M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$31.3M (2023)

Expenses

$30.7M (2023)

Total Assets

$169M (2023)

Total Liabilities

$134M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004