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$146,613,4419%$145,147,9359%$480,967,65520%
2022$134,375,06213%$133,311,61013%$400,689,87120%
2021$119,294,62013%$118,245,85413%$334,250,56713%
2020$105,303,6224%$104,429,7364%$296,468,2218%
2019$101,534,7924%$100,771,1875%$273,954,3602%
2018$97,253,6497%$96,315,8466%$267,956,16411%
2017$90,511,0034%$90,511,0034%$242,321,67921%
2016$87,182,2188%$87,182,2188%$201,018,83223%
2015$80,637,3681%$80,637,3685%$162,835,34614%
2014$79,464,1103%$77,017,1825%$143,307,6631%
2013$76,822,2672%$73,058,4381%$142,427,1646%
2012$75,089,1596%$72,555,5337%$134,993,7726%
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.

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