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Winneshiek Energy District

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271525603 ✦ Decorah, IA ✦ Designated as a 501(c)(3)

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Overview

What is Winneshiek Energy District?

The Winneshiek Energy District is a nonprofit organization based in Decorah, Iowa. Their mission is twofold: promoting economic health and sustainable development in Winneshiek County, and working towards a more sustainable society in the county and its communities. They achieve this by focusing on reducing energy costs and advocating for local energy sources and related economic activity. The organization aims to lessen the ecological and climate impacts of energy use within Winneshiek County, ultimately striving for a more sustainable society. With a workforce of just three individuals, the Winneshiek Energy District is dedicated to making a significant impact on the energy sector and the environment in their local community.


Official website here: www.energydistrict.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

Winneshiek Energy District has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance management. The score is entirely based on the Accountability & Finance beacon, which reflects the organization’s strong performance in several areas, including an independent board and transparency regarding its finances.

The organization boasts an impressive 88% of its board members being independent, which contributes positively to its governance. Additionally, it maintains a favorable liabilities to assets ratio of 3.50%, and a high program expense ratio of 76.36%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs.

However, there are notable limitations to consider. The absence of a whistleblower policy and a document retention and destruction policy may raise concerns about the organization's overall governance practices. While its financial stewardship appears sound, addressing these gaps could further enhance its accountability and transparency.


This AI summary has been generated from information found on Charity Navigator.

Is Winneshiek Energy District legitimate?

Winneshiek Energy District is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winneshiek Energy District submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,299

For more financial information, click here


Official website here: www.energydistrict.org

What is the mission statement of Winneshiek Energy District?

The Winneshiek Energy District's mission is geared towards promoting economic health and sustainable development, primarily by reducing energy costs and advocating for local energy sources and related economic activities. They strive to create a more sustainable society within their communities. Additionally, their focus extends to minimizing the ecological and climate impacts associated with energy use within their jurisdiction.


Official website here: www.energydistrict.org

Who is the CEO of Winneshiek Energy District?

Lyle Luzum is the President of Winneshiek Energy District.


Official website here: www.energydistrict.org

What is the revenue of Winneshiek Energy District?

Winneshiek Energy District's revenue in 2022 was $263,950.


Official website here: www.energydistrict.org

Who are the executives of Winneshiek Energy District and what are their salaries?

The average compensation at Winneshiek Energy District during 2022 was $37,433. There are 3 employees at Winneshiek Energy District.


Here are 8 key members and their salaries:


Jim Martin-Schramm (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristine Jepsen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Grimstad (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Stevens (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Carlson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Sand (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyle Luzum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyra Bellrichard (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.energydistrict.org

Where can I find the form 990 for Winneshiek Energy District?

Winneshiek Energy District's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.energydistrict.org

Learn more at the official website: www.energydistrict.org

Mission Statement of Winneshiek Energy District

The Winneshiek Energy District, a forward-thinking nonprofit organization, is dedicated to promoting economic health and sustainable development in its community. By reducing energy costs and championing local energy sources, the District aims to stimulate related economic activity. Furthermore, the organization strives towards creating a more sustainable society within its communities. In pursuing these goals, the Winneshiek Energy District is committed to minimizing the ecological and climate impacts associated with energy use within its jurisdiction.

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Impact




June, 2024

Winneshiek Energy District's impact is evident in its efforts to promote economic health and sustainable development in Winneshiek County. By reducing energy costs and advocating for local energy sources, the organization contributes to a more sustainable society within the county and its communities. In doing so, Winneshiek Energy District plays a crucial role in reducing the ecological and climate impacts of energy use in the region, positively influencing the environment and economic activity in Decorah, IA.




This information is meant to be a general summary of Winneshiek Energy District. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$263,950 (2022)
Expenses
$243,256 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $20,505
  • Gross Receipts: $265,474

Assets and Liabilities:

  • Total Assets: $208,819
  • Total Liabilities: $26,379
  • Net Assets: $182,440

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BLOWER DOOR

Revenue

$4,450

CLEAN ENERGY SERVICES

Revenue

$12,605

ENERGY AUDITS

Revenue

$2,350

LMI
SOLAR SITE ASSESSMENT

Revenue

$1,100

Organization Details

Founding Year

2009

Principal Officer

Lyle Luzum

Main Address

PO BOX 14, DECORAH, IA, 52101

NTEE Category

Code: C35 - Environment

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