Overview
What is Michigan Energy Options?
Michigan Energy Options is a nonprofit organization based in East Lansing, Michigan, located at 405 Grove Street. Their primary mission is to guide communities towards energy efficiency and sustainability. They achieve this by offering residential programs that include energy audits, weatherization assistance, and high-efficiency furnace installations for low to moderate income households. Additionally, they strive to influence decision makers, business leaders, and residents of Michigan by leveraging their expertise and programs to make a positive impact on the state's energy consumption and overall sustainability. They currently employ 12 individuals.
Official website here: www.michiganenergyoptions.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86%, Three-Star out of Four Star rating
Michigan Energy Options has received a solid Three-Star rating from Charity Navigator, indicating that it performs well in terms of accountability and finance. The organization boasts a commendable score of 86, reflecting strong governance practices such as having a fully independent board and robust financial oversight measures. Additionally, it maintains high transparency with documented board meeting minutes and established policies for conflict of interest and whistleblowing.
The nonprofit excels in its program expense ratio, dedicating an impressive 95.22% of its funds directly to its programs. This focus on programmatic spending demonstrates a commitment to maximizing impact and serving its mission effectively. The management of financial resources appears to be prudent, as evidenced by their lack of material diversion of assets.
However, the organization does have a liabilities to assets ratio of 57.35%, which, while not alarming, suggests that there may be some room for improvement in managing liabilities concerning assets. Overall, Michigan Energy Options shows a strong dedication to transparency and effective use of funds, making it a reliable choice for potential donors looking to support energy initiatives in Michigan.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Michigan Energy Options?
While Michigan Energy Options does not yet have an overall rating due to limited reviews, one participant shared a positive experience from their time with the previous Urban Options program. They expressed a strong belief in the program's value, noting how the Weatherization and Energy Fitness initiatives significantly benefitted them. This individual now actively promotes conservation efforts in Florida, attributing much of their success to the resources and knowledge gained through this nonprofit.
There is a sense of appreciation for the organization's impact on personal growth and community assistance, underscoring the practical benefits offered by the programs. The review reflects a long-lasting connection and gratitude towards the work done by Michigan Energy Options.
In summary, the sentiments conveyed suggest a solid foundation of support for Michigan Energy Options' initiatives, emphasizing the potential for positive and lasting change in participants' lives.
This AI summary has been generated from reviews found on Facebook.
Is Michigan Energy Options legitimate?
Michigan Energy Options is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Energy Options 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: $131,615
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,872
For more financial information, click here
Official website here: www.michiganenergyoptions.org
What is the mission statement of Michigan Energy Options?
Michigan Energy Options aims to guide communities towards energy efficiency and sustainability by leveraging their expertise, programs, and influence on decision-makers, business leaders, and residents. Their mission is to help communities become more energy efficient and sustainable, thereby promoting a greener future. They offer residential programs that include energy audits, weatherization assistance, and high-efficiency furnace installations to low to moderate-income households, thereby making a significant impact on energy conservation.
Official website here: www.michiganenergyoptions.org
Who is the CEO of Michigan Energy Options?
John Kinch is the Member of Michigan Energy Options.
Official website here: www.michiganenergyoptions.org
What is the revenue of Michigan Energy Options?
Michigan Energy Options's revenue in 2022 was $2,384,619.
Official website here: www.michiganenergyoptions.org
Who are the executives of Michigan Energy Options and what are their salaries?
The average compensation at Michigan Energy Options during 2022 was $35,291. There are 12 employees and 10 volunteers at Michigan Energy Options.
Here are 10 key members and their salaries:
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- Compensation: $131,616
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Official website here: www.michiganenergyoptions.org
Where can I find the form 990 for Michigan Energy Options?
Michigan Energy Options's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.michiganenergyoptions.org
Learn more at the official website: www.michiganenergyoptions.org
Mission Statement of Michigan Energy Options
Michigan Energy Options, a nonprofit organization, is dedicated to guiding communities towards energy efficiency and sustainability. Through their expertise, programs, and influence on decision-makers, business leaders, and residents, they strive to make a significant impact.
Their mission is multifaceted, focusing on three key areas: energy audits, weatherization assistance, and high-efficiency furnace installations. This is targeted towards low to moderate-income households, aiming to improve their energy efficiency and thereby reducing their carbon footprint. By implementing these measures, Michigan Energy Options contributes to a more sustainable future for all.
In essence, Michigan Energy Options serves as a beacon for energy-efficient practices, empowering communities to adopt sustainable habits and foster a healthier environment for future generations.
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Impact
June, 2024
Michigan Energy Options has a significant impact on guiding communities in Michigan towards greater energy efficiency and sustainability. Through their expertise, programs, and influence on decision-makers, business leaders, and residents, they are actively working to create a more sustainable future. Their residential programs provide essential services such as energy audits, weatherization assistance, and high-efficiency furnace installations to low to moderate-income households, making a tangible difference in the lives of individuals and families. By focusing on environmental initiatives, Michigan Energy Options is playing a crucial role in promoting a greener, more energy-efficient Michigan.
This information is meant to be a general summary of Michigan Energy Options. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,025
- Gross Receipts: $2,384,619
Assets and Liabilities:
- Total Assets: $1,227,478
- Total Liabilities: $613,938
- Net Assets: $613,540
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Organization Details
Founding Year
1978
Phone
(517) 337-0437Principal Officer
John Kinch
Main Address
405 GROVE STREET, EAST LANSING, MI, 488233334
NTEE Category
Code: C35 - Environment
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