Public Charity

Presque Isle Electric & Gas Co-op

Presque Isle Electric & Gas Co-op is a Public Charity headquartered in Onaway, MI. Financial data from the 2024 filing: $69.7M revenue, $72.6M expenses, $240.2M total assets. IRS filings disclose 3 grants awarded by this foundation, totaling roughly $16K.

EIN: 380941545 Onaway, MI Latest filing: 2024
Total Revenue$69.7M
Total Expenses$72.6M
Total Assets$240.2M
Grants Given3
Grant Total$16K
Filing Years2019–2024

Mission

To provide energy and other services to sustain and improve the quality of life for our members through the use of a cooperative business structure.

Officers & Directors

President & CEO (As of May 2024) Allan Berg
Treasurer Brentt Lucas
Director Christopher Nagel
Director/Vice Chairman Daryl Peterson
Staking Engineer Donald Lalonde
Director (As of Nov 2024) Gerald Smigelski

Officer compensation and complete director data available with membership.

Top Grant Purposes

OPERATIONS
$16,030 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $69.7M $72.6M $240.2M
2023 $60.7M $63.6M $219.5M
2022 $55.6M $61.5M $186.5M
2020 $50.2M $47.2M $138.0M
2019 $48.9M $49.3M $123.2M

Between 2019 and 2024, reported annual revenue grew from $48.9M to $69.7M (+43%), with total assets most recently reported at $240.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MI.

MI

Full geographic grant map with state-by-state breakdown available with membership.

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