Alger Delta Co-op Electric Association
Gladstone, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $18,515,871↓1% | $18,515,871↓1% | $56,353,683↑3% | |
| 2022 | $18,706,041↑6% | $18,706,041↑6% | $54,541,428↑5% | — |
| 2021 | $17,663,679↑11% | $17,663,679↑11% | $51,999,429↑1% | — |
| 2020 | $15,971,471↑3% | $15,971,467↑3% | $51,473,019↑18% | — |
| 2019 | $15,473,055↓1% | $15,473,056↓1% | $43,544,160↑3% | — |
| 2018 | $15,568,596 | $15,568,592↓1% | $42,111,110↓3% | — |
| 2017 | $15,496,234↑5% | $15,774,654↑7% | $43,267,177↑8% | — |
| 2016 | $14,699,020↑2% | $14,740,967↑2% | $40,226,179↑2% | — |
| 2015 | $14,379,640↑1% | $14,463,960 | $39,323,382↑6% | — |
| 2014 | $14,302,496↑5% | $14,415,413↑19% | $37,113,924↑1% | — |
| 2013 | $13,578,796↑4% | $12,122,492↑1% | $36,799,445↑5% | — |
| 2012 | $13,036,443↑10% | $11,968,959↑5% | $35,023,209↓1% | — |
| 2011 | $11,820,883 | $11,354,733 | $35,463,962 | — |
Frequently Asked Questions
What does Alger Delta Co-op Electric Association do?▼
Alger Delta Co-op Electric Association is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Alger Delta Co-op Electric Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Alger Delta Co-op Electric Association has a score of 56/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Alger Delta Co-op Electric Association generate?▼
Alger Delta Co-op Electric Association reports $19.8M in annual revenue and holds $59.8M in total assets, based on IRS filings.
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