Overview
What is Connexus Energy?
Connexus Energy is a nonprofit utility company based in Ramsey, Minnesota, serving approximately 143,618 members in the north suburban region of Minneapolis and St. Paul. With a team of 249 employees, they provide cost-competitive and reliable electricity and related services, backed by a commitment to the environment. Their mission lies in delivering electricity to their membership with the added value of cooperative ownership. Connexus Energy maintains a vast network of 9,463 miles of power lines to ensure uninterrupted service to its members.
Official website here: www.connexusenergy.com
Is Connexus Energy legitimate?
Connexus Energy is a legitimate nonprofit organization registered as a 501(c)(12) entity. Connexus Energy 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $3,566,759
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,664,057
For more financial information, click here
What is the mission statement of Connexus Energy?
Connexus Energy is dedicated to delivering cost-effective and dependable electricity and associated services to its membership. The organization's mission emphasizes environmental responsibility and the value of cooperative ownership. By providing utility services to approximately 143,618 members, Connexus Energy maintains an extensive network of 9,463 miles of lines, ensuring uninterrupted power supply. The company's commitment to its members extends beyond electricity, as it strives to ensure a sustainable energy future for all.
Official website here: www.connexusenergy.com
Who is the CEO of Connexus Energy?
Greg Ridderbusch is the President/Ceo of Connexus Energy. The CEO's salary of Connexus Energy is $830,967 and their total compensation is $889,729.
Official website here: www.connexusenergy.com
What is the revenue of Connexus Energy?
Who are the executives of Connexus Energy and what are their salaries?
The average compensation at Connexus Energy during 2022 was $85,264. There are 249 employees at Connexus Energy.
Here are 22 key members and their salaries (Connexus Energy's CEO's salary is $830,967 and their total compensation is $889,729):
- Greg Ridderbusch (President/Ceo)
- Yan Paul Martinez (Vp/Cfo)
- Brian Burandt (Vp Power Supply/Bus. Development)
- Mark Koplin (Vp Technology)
- Nick Loehlein (Vp Electric Operations)
- Don Haller (Vp Member Services Until 02/2022)
- Linda Maegi (Vp Employee Services)
- Scott Johnson (Crew Lead Lineworker)
- Michael Rimolde (Lead Lineworker)
- Michael Kenning (Lead Lineworker)
- Tessa Haagenson (Director - Power Supply/Bus Development)
- Greg Groenjes (Director- Electric Operations)
- Alison Miles (Vp Member Services From 04/2022)
- Fran Bator (Chair) [Trustee/Director]
- Shelly Peterson (Director/Sec-Treas From 04/2022)
- Gordon Westerlind (Sec-Treas/ Director From 04/2022)
- Mark Ethen (Vice Chair) [Trustee/Director]
- Michael Cady (Asst. Secretary & Treasurer) [Trustee/Director]
- Donald Holl (Director)
- Kenneth Fiereck (Director)
- Richard Braastad (Director From 04/2022)
- Peter Wojciechowski (Director Until 04/2022)
Official website here: www.connexusenergy.com
Where can I find the form 990 for Connexus Energy?
The Connexus Energy’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.connexusenergy.com
Learn more at the official website: www.connexusenergy.com
Mission Statement of Connexus Energy
Connexus Energy, a utility service provider, is committed to delivering cost-effective, reliable electricity and related services to its roughly 143,000 members in the north suburban region of Minneapolis and St. Paul, Minnesota. This cooperative, which maintains an extensive network of 9,463 miles of power lines, goes beyond just providing electricity. Connexus Energy strongly emphasizes the environmental aspect, aiming to minimize its carbon footprint and promote sustainable energy practices. The organization upholds the value of member cooperative ownership, empowering its members to be active participants in their energy consumption and usage. By combining affordability, reliability, environmental consciousness, and cooperative ownership, Connexus Energy strives to enhance the lives of its members and strengthen their communities.
Impact
This information is meant to be a general summary of Connexus Energy. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Connexus Energy's impact is significant as it provides utility services to approximately 143,618 members in eight counties in the north suburban area of Minneapolis and St. Paul, MN. They maintain 9,463 miles of lines, ensuring that their members have access to cost-competitive and reliable electricity and related services. Connexus Energy's environmental commitment underscores their value of member cooperative ownership, making a positive impact on the community they serve.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF ELECTRICITY
Revenue
$259,323,074
ALLOCATION OF GRE MARGINS
Revenue
$3,789,762
UTILITY SERVICES REVENUE
Revenue
$1,217,691
Organization Details
Founding Year
1937
Phone
(763) 323-2600
Principal Officer
Greg Ridderbusch
Main Address
14601 RAMSEY BOULEVARD, RAMSEY, MN, 55303
Website
www.connexusenergy.com
NTEE Category
Code: W80 - Public benefit
If you are a representative of Connexus Energy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.