Midwest Energy Cooperative

Cassopolis, Michigan

B+Health Score
71B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 25 peers in Food, Agriculture & Nutrition with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.93×
Peer Median0.39×
💰
$146.6M
Total Revenue
📊
$145.1M
Total Expenses
🏦
$135.5M
Net Assets
📋
$345.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.1%
Year-over-year change (2022 → 2023)
Net Margin
+1.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.93
Net assets divided by total expenses
Liabilities-to-Assets
71.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$146,613,441↑9%$145,147,935↑9%$480,967,655↑20%
2022$134,375,062↑13%$133,311,610↑13%$400,689,871↑20%
2021$119,294,620↑13%$118,245,854↑13%$334,250,567↑13%
2020$105,303,622↑4%$104,429,736↑4%$296,468,221↑8%
2019$101,534,792↑4%$100,771,187↑5%$273,954,360↑2%
2018$97,253,649↑7%$96,315,846↑6%$267,956,164↑11%
2017$90,511,003↑4%$90,511,003↑4%$242,321,679↑21%
2016$87,182,218↑8%$87,182,218↑8%$201,018,832↑23%
2015$80,637,368↑1%$80,637,368↑5%$162,835,346↑14%
2014$79,464,110↑3%$77,017,182↑5%$143,307,663↑1%
2013$76,822,267↑2%$73,058,438↑1%$142,427,164↑6%
2012$75,089,159↑6%$72,555,533↑7%$134,993,772↑6%
2011$70,526,278$67,937,827$127,682,544

Frequently Asked Questions

What does Midwest Energy Cooperative do?▼

Midwest Energy Cooperative is a food, agriculture & nutrition nonprofit organization based in Michigan. It is classified under NTEE code K20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Midwest Energy Cooperative financially healthy?▼

Based on our 9-metric Financial Health Score model, Midwest Energy Cooperative has a score of 71/100 (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 Midwest Energy Cooperative generate?▼

Midwest Energy Cooperative reports $168.1M in annual revenue and holds $592.5M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Food, Agriculture & Nutrition category, or browse all nonprofits in Michigan.