CLOVERLAND ELECTRIC COOPERATIVE INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: CLOVERLAND ELECTRIC COOPERATIVE INC (EIN 38-0429495)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-10-21
IRS object ID: 202222949349301112
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-10-21T11:29:31-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	383567911	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	REHMANN ROBSON LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	MILLIKEN PLACE 107 S CASS STE A	AddressLine1Txt
City	TRAVERSE CITY	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49684	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	380429495	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CLOVERLAND ELECTRIC COOPERATIVE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CLOV	BusinessNameControlTxt
Phone	9066356800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	725 EAST POSTAGE AVE	AddressLine1Txt
City	SAULT STE MARIE	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49783	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MICHAEL HEISE	PersonNm
Person Title	PRESIDENT/CEO	PersonTitleTxt
Phone	9066356800	PhoneNum
Signature	2022-09-29	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MICHAEL	PersonFirstNm
Person Last	HEISE	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JEFFREY E HERT CPA	PreparerPersonNm
PTIN	P00066715	PTIN
Phone	2319463230	PhoneNum
Preparation	2022-09-28	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MICHAEL HEISE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	725 EAST POSTAGE AVE	AddressLine1Txt
City	SAULT STE MARIE	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49783	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$91,401,461	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.CLOVERLAND.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1938	FormationYr
Legal Domicile State	MI	LegalDomicileStateCd
Activity Or Mission	ELECTRIC COOPERATIVE	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	125	TotalEmployeeCnt
Total Volunteers	9	TotalVolunteersCnt
Total Gross UBI	-$40,429	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$3,481,519	CYContributionsGrantsAmt
PY Program Service Revenue	$79,578,153	PYProgramServiceRevenueAmt
CY Program Service Revenue	$82,242,536	CYProgramServiceRevenueAmt
PY Investment Income	$1,897,562	PYInvestmentIncomeAmt
CY Investment Income	$1,474,212	CYInvestmentIncomeAmt
PY Other Revenue	$228,032	PYOtherRevenueAmt
CY Other Revenue	-$40,429	CYOtherRevenueAmt
PY Total Revenue	$81,703,747	PYTotalRevenueAmt
CY Total Revenue	$87,157,838	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$64,560	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$407,668	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,719,807	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,669,937	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$70,770,129	PYOtherExpensesAmt
CY Other Expenses	$75,806,711	CYOtherExpensesAmt
PY Total Expenses	$72,554,496	PYTotalExpensesAmt
CY Total Expenses	$77,884,316	CYTotalExpensesAmt
PY Revenues Less Expenses	$9,149,251	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$9,273,522	CYRevenuesLessExpensesAmt
Total Assets BOY	$203,278,204	TotalAssetsBOYAmt
Total Assets EOY	$210,343,579	TotalAssetsEOYAmt
Total Liabilities BOY	$148,956,763	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$147,191,807	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$54,321,441	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$63,151,772	NetAssetsOrFundBalancesEOYAmt
Mission	ELECTRIC COOPERATIVE	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	PROVIDE ELECTRIC POWER TO OVER 44,000 CONSUMERS	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	67	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	125	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	0	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Members And Shr Gross Income	$82,119,316	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$5,800,626	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	0	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	0	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ELIZABETH CASTILHO	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9066356800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	725 EAST POSTAGE AVE	AddressLine1Txt
City	SAULT STE MARIE	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49783	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
JASON ST ONGE
DIRECTOR	5.00	Yes (X)	$6,600	$0	$759
JOHN SAWRUK
CHAIRPERSON	10.00	Yes (X)	$9,400	$0	$750	Yes (X)
CARMINE BONACCI JR
SECRETARY/TREASURER	5.00	Yes (X)	$7,800	$0	$750	Yes (X)
GERALD NETTLETON
DIRECTOR	5.00	Yes (X)	$8,000	$0	$750
JASON OBERLE
DIRECTOR	5.00	Yes (X)	$8,800	$0	$750
ALLAN OTT
DIRECTOR	5.00	Yes (X)	$7,200	$0	$750
VIRGIL MONROE
DIRECTOR	5.00	Yes (X)	$8,000	$0	$745
RONALD PROVO
DIRECTOR	5.00	Yes (X)	$7,800	$0	$741
WILLIAM LALONDE
DIRECTOR	5.00	Yes (X)	$7,200	$0	$750
MICHAEL HEISE
PRESIDENT/CEO	40.00		$348,116	$0	$127,735	Yes (X)
ELIZABETH CASTILHO
CFO	40.00		$164,627	$0	$61,023	Yes (X)
ROGER LINE
DIR OF GENERATION	40.00		$138,779	$0	$33,804		Yes (X)
BRIAN LAVEY
DIR OF ENGINEERING	40.00		$135,908	$0	$54,936		Yes (X)
MICHAEL TALSMA
LINE FOREMAN	40.00		$129,417	$0	$37,422		Yes (X)
JARED KANGAS
LINE FOREMAN	40.00		$129,167	$0	$39,998		Yes (X)
KEN GILLMORE
LINE FOREMAN	40.00		$129,014	$0	$37,445		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,245,828	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$399,108	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	62	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
ASPLUNDH TREE EXPERT LLC
708 BLAIR MILL RD	WILLOW GROVE	PA	19090	TREE TRIMMING SERVICES	$2,743,806
PICKFORD SOLAR LLC
121 E FRONT ST SUITE 205	TRAVERSE CITY	MI	49684	SOLAR ENERGY	$440,114
ROBERT SCHALLIP
17592 SIMONSEN RD	BARBEAU	MI	49710	REIMBURSE RETIREMENT DISTRIBUTION	$119,170
METIS ENERGY LLC
450 S 3RD ST SUITE 100	LOUSVILLE	KY	40202	CONSULTING	$110,659

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	4	CntrctRcvdGreaterThan100KCnt
Government Grants	$3,481,519	GovernmentGrantsAmt
Total Contributions	$3,481,519	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
ELECTRIC REVENUE FROM MEMBERS	221000	$81,915,716	$81,915,716
POLE CONTACT FEES	221000	$326,820		$326,820

Field	Value	IRS element (for citing)
Total Program Service Revenue	$82,242,536	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,450,336	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,408,460	RelatedOrExemptFuncIncomeAmt
Exclusion	$41,876	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$9,000	RealAmt
Personal	$25,613	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$21,841	RealAmt
Personal	$53,201	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$12,841	RealAmt
Personal	-$27,588	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$40,429	TotalRevenueColumnAmt
Unrelated Business Revenue	-$40,429	UnrelatedBusinessRevenueAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$4,192,457	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$4,168,581	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	$23,876	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$23,876	TotalRevenueColumnAmt
Exclusion	$23,876	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$87,157,838	TotalRevenueColumnAmt
Related Or Exempt Func Income	$83,324,176	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$40,429	UnrelatedBusinessRevenueAmt
Exclusion	$392,572	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$407,668	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$583,543	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$687,285	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$271,586	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$127,523	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$137,632	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,952,332	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$6,766,839	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
COST OF POWER - PURCHAS	$29,228,745
TRANSMISSIONS	$8,685,711
DISTRIBUTION - MAINTENA	$8,321,319
ADMINISTRATIVE AND GENE	$5,244,200

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$13,469,933	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$77,884,316	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,400	BOYAmt
EOY	$2,500	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,025,512	BOYAmt
EOY	$2,178,536	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$9,057,589	BOYAmt
EOY	$9,765,522	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$3,809,432	BOYAmt
EOY	$3,965,272	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$450,644	BOYAmt
EOY	$435,727	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$231,726,991	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$63,213,680	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$162,957,206	BOYAmt
EOY	$168,513,311	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$16,697,521	BOYAmt
EOY	$16,918,950	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$9,277,900	BOYAmt
EOY	$8,563,761	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$203,278,204	BOYAmt
EOY	$210,343,579	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$10,989,174	BOYAmt
EOY	$9,979,277	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$695,343	BOYAmt
EOY	$681,096	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$130,157,824	BOYAmt
EOY	$125,873,252	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$7,114,422	BOYAmt
EOY	$10,658,182	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$148,956,763	BOYAmt
EOY	$147,191,807	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$166,765	BOYAmt
EOY	$176,805	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$1,856,073	BOYAmt
EOY	$2,030,704	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$52,298,603	BOYAmt
EOY	$60,944,263	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$54,321,441	BOYAmt
EOY	$63,151,772	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$203,278,204	BOYAmt
EOY	$210,343,579	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$9,273,522	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	-$443,191	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$213,014,008	OtherCostOrOtherBasisAmt
Depreciation	$61,356,856	DepreciationAmt
Book Value	$151,657,152	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$83,442	OtherCostOrOtherBasisAmt
Depreciation	$83,442	DepreciationAmt
Book Value	$0	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$18,629,541	OtherCostOrOtherBasisAmt
Depreciation	$1,773,382	DepreciationAmt
Book Value	$16,856,159	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$168,513,311	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
ATC, LLC	$13,504,821	C
INVESTMENT IN NRUCFC	$821,539	C
DEFERRED COMP 457 PLANS	$176,048	C
OTHER INVESTMENTS IN ASSOC ORG	$744,255	C
COBANK	$824,511	C
FEDERATED RURAL ELECTRIC INSURANCE	$566,658	C
PATRONAGE CAPITAL CREDITS	$281,118	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$16,918,950	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
LINE OF CREDIT	$9,750,000
REFUNDABLE POWER COSTS	$50,509
457B DEFERRED COMP PLANS	$176,048
OPEB	$681,625

Field	Value	IRS element (for citing)
Total Liability	$10,658,182	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$86,752,315	TotalRevEtcAuditedFinclStmtAmt
Other Revenue	$75,043	OtherRevenueAmt
Revenue Not Reported	$75,043	RevenueNotReportedAmt
Revenue Subtotal	$86,677,272	RevenueSubtotalAmt
Other Revenues Not Included	$480,566	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$480,566	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$87,157,838	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$77,478,793	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$75,043	OtherExpensesIncludedAmt
Expenses Not Reported	$75,043	ExpensesNotReportedAmt
Expenses Subtotal	$77,403,750	ExpensesSubtotalAmt
Other Expenses Not Included	$480,566	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$480,566	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$77,884,316	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART X, LINE 2:

CLOVERLAND IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM SIMILAR STATE AND LOCAL TAXES, PROVIDED THAT CLOVERLAND DERIVES AT LEAST 85 PERCENT OF ITS ANNUAL GROSS INCOME FROM MEMBERS TO RETAIN THE EXEMPTION. ALTHOUGH CLOVERLAND WAS GRANTED INCOME TAX EXEMPTION BY THE INTERNAL REVENUE SERVICE, SUCH EXEMPTION DOES NOT APPLY TO "UNRELATED BUSINESS TAXABLE INCOME." SUCH INCOME, PURSUANT TO THE INTERNAL REVENUE CODE AND RELATED REGULATIONS, INCLUDES INVESTMENT INCOME SUCH AS INTEREST RECEIVED FROM SOURCES OTHER THAN DIRECTLY FROM THE MEMBERSHIP. CLOVERLAND ANALYZES ITS INCOME TAX FILING POSITIONS IN THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, FOR ALL OPEN TAX YEARS IN THESE JURISDICTIONS, TO IDENTIFY POTENTIAL UNCERTAIN TAX POSITIONS. CLOVERLAND HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR 2018 THROUGH 2021, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION AS OF DECEMBER 31, 2021. CLOVERLAND CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. CLOVERLAND DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. CLOVERLAND DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT DECEMBER 31, 2021 OR 2020, AND IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES.

PART XII, LINE 4B

PATRONAGE CAPITAL PAYMENTS TO MEMBERS - $407,668

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss	0	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	0	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (1)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHAEL HEISE
PRESIDENT/CEO	$323,116	$0	$25,000	$0	$0	$0	$92,078	$0	$35,657	$0	$475,851	$0	$0	$0
ELIZABETH CASTILHO
CFO	$164,627	$0	$0	$0	$0	$0	$44,948	$0	$16,075	$0	$225,650	$0	$0	$0
BRIAN LAVEY
DIR OF ENGINEERING	$135,908	$0	$0	$0	$0	$0	$36,063	$0	$18,873	$0	$190,844	$0	$0	$0
ROGER LINE
DIR OF GENERATION	$138,779	$0	$0	$0	$0	$0	$32,433	$0	$1,371	$0	$172,583	$0	$0	$0
JARED KANGAS
LINE FOREMAN	$129,167	$0	$0	$0	$0	$0	$21,639	$0	$18,359	$0	$169,165	$0	$0	$0
MICHAEL TALSMA
LINE FOREMAN	$129,417	$0	$0	$0	$0	$0	$22,207	$0	$15,215	$0	$166,839	$0	$0	$0
KEN GILLMORE
LINE FOREMAN	$129,014	$0	$0	$0	$0	$0	$22,218	$0	$15,227	$0	$166,459	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	A HOUSING ALLOWANCE WAS PROVIDED TO CEO MICHAEL HEISE AS PART OF A RELOCATION PACKAGE FOR MOVING OUT OF STATE.
PART I, LINE 4B	MICHAEL HEISE RECEIVED $26,000 457B EMPLOYER CONTRIBUTION.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE COOPERATIVE IS OWNED BY ITS MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7A	THE MEMBERS ELECT THE BOARD OF DIRECTORS BY REGION.
FORM 990, PART VI, SECTION B, LINE 11B	REVIEWED BY THE PRESIDENT & CEO AND CFO.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION SURVEY AND APPROVAL BY BOARD. COMPENSATION STUDY.
FORM 990, PART VI, SECTION C, LINE 19	MADE AVAILABLE BY WRITTEN REQUEST.
FORM 990, PART IX, LINE 24E	COST OF POWER - PRODUCED 5,194,552. DISTRIBUTION - OPERATIONS 3,467,964. TAXES - PROPERTY 2,829,068. CUSTOMER ACCOUNTS 2,200,891. CUSTOMER SERVICE AND INFORMATION 1,374,496. OTHER EXPENSES 72,897. ALLOCATED PAYROLL -1,669,935.
FORM 990, PART XI, LINE 9:	DONATED CAPITAL -505,271. INCREASE IN MEMBERSHIPS 10,040. UNRECOGNIZED CHANGE IN POSTRETIREMENT BENEFITS PLAN 52,040.
FORM 990, PART XII, LINE 2C	THE PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	CLOVERLAND CARES	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	725 E PORTAGE AVE	AddressLine1Txt
City	SAULT STE MARIE	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49783	ZIPCd

Field	Value	IRS element (for citing)
EIN	850670727	EIN
Primary Activities	PROVIDE SCHOLARSHIPS AND FUNDING FOR FOOD BANKS AND SCHOOL PROGRAMS	PrimaryActivitiesTxt
Legal Domicile State	MI	LegalDomicileStateCd
Exempt Code Section	501(C)(3)	ExemptCodeSectionTxt
Public Charity Status	LINE 10	PublicCharityStatusTxt
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd