Overview
What is District Energy St Paul Inc?
District Energy St. Paul Inc is a non-profit utility company based in St. Paul, Minnesota. They provide energy services to downtown St. Paul and a secondary area, serving 205 buildings in the central business district and across the river. Their heating network is the largest hot-water district energy system in North America, catering to a diverse customer base including higher education institutions, hospitals, Fortune 500 companies, residential apartments, condos, and townhomes, hotels, entertainment, and sports venues. The utility is a leader in integrated and dynamic energy services, having incorporated thermal storage, solar thermal, and biomass-fired combined heat and power to increase efficiency, reliability, and improve the environmental profile. District Energy St. Paul focuses on connecting new customers and implementing new technology, with ongoing projects to maintain high reliability and monitor pipe conditions. They have also introduced in-person customer engagement opportunities and training sessions to encourage customers to actively manage their energy usage. The company remains committed to prioritizing customers' needs for reliability, efficiency, and cost-effectiveness.
Official website here: www.districtenergy.com
Is District Energy St Paul Inc legitimate?
District Energy St Paul Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. District Energy St Paul Inc 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.
Here are some key statistics you may want to consider:
Executive Compensation: $1,689,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,239,434
For more financial information, click here
What is the mission statement of District Energy St Paul Inc?
District Energy St. Paul Inc is dedicated to providing community energy services that benefit customers, the community, and the environment. As a non-profit utility, it operates a district heating and cooling system in downtown St. Paul, Minnesota, serving over 300 buildings in the central business district and across the river. The organization is the largest hot-water district energy system in North America and is recognized globally for its integrated and dynamic energy services. To increase efficiency, reliability, and improve the environmental profile of the system, District Energy has incorporated thermal storage, solar thermal, and biomass-fired combined heat and power. The utility has worked on several distribution projects this year, connecting new customers and implementing new technology to improve the system. District Energy also prioritizes customer engagement through in-person opportunities, seminars, and trainings, encouraging customers to take an active role in their energy usage and improve efficiencies.
Official website here: www.districtenergy.com
Who is the CEO of District Energy St Paul Inc?
Kenneth Smith is the President & Ceo of District Energy St Paul Inc. The CEO's salary of District Energy St Paul Inc is $482,446 and their total compensation is $770,962.
Official website here: www.districtenergy.com
What is the revenue of District Energy St Paul Inc?
District Energy St Paul Inc's revenue in 2022 was $45,571,955.
Official website here: www.districtenergy.com
Who are the executives of District Energy St Paul Inc and what are their salaries?
The average compensation at District Energy St Paul Inc during 2022 was $107,924. There are 92 employees and 8 volunteers at District Energy St Paul Inc.
Here are 19 key members and their salaries (District Energy St Paul Inc's CEO's salary is $482,446 and their total compensation is $770,962):
- Kenneth Smith (President & Ceo) [Trustee/Director]
- Anders Rydaker Evp Sustainable (Solutions)
- Andrew Kasid (Evp/Cfo Finance & Accounting)
- Michael Burns (Svp Operations Management)
- Michael Ahern (Svp System Development)
- Michael Auger (Vp Gen. Counsel & Corp. Secretary)
- Pamela Sarne (Vp Accounting)
- Stephen Rambeck (Director Of Business Development)
- Jonathan Salo (Controls Group Manager)
- Christopher Peterson (Director Of Production)
- Katherine Verhasselt (Vp Human Resources & Employee Engagement)
- Kristina Taylor (Chair & Officer) [Trustee/Director]
- Erin Campbell (Director (Term 05/2022))
- Beverly Jones Heydinger (Director)
- David Ybarra (Director)
- Heidi Conrad (Director)
- Ken Peterson (Director)
- Nicole Hansen (Director)
- Pat Wolf (Director)
Official website here: www.districtenergy.com
Where can I find the form 990 for District Energy St Paul Inc?
The District Energy St Paul Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.districtenergy.com
Learn more at the official website: www.districtenergy.com
Mission Statement of District Energy St Paul Inc
District Energy St Paul Inc, a non-profit utility, is dedicated to developing, constructing, and operating a district heating system in St. Paul, Minnesota. This community energy services provider aims to benefit its customers, the community, and the environment. The core of District Energy St Paul's activities lies in offering energy services to the central business district and a secondary area of commercial, light industrial, and residential development. The utility serves 205 buildings, making it the largest hot-water district energy system in North America. In addition to heating, District Energy St Paul operates a cooling network serving 119 buildings. Its customer base consists of higher education institutions, hospitals, Fortune 500 companies, residential apartments, condos, townhomes, hotels, entertainment, and sports venues. Recognized globally as a leader in integrated and dynamic energy services, District Energy St Paul has incorporated thermal storage, solar thermal, and biomass-fired combined heat and power to increase efficiency, reliability, and improve the system's environmental profile. In 2022, the utility focused on distribution projects to connect new customers and implement new technology, including reconstruction of service vaults and replacement of hot water pipe to maintain high reliability of services. As the energy system evolves, District Energy St Paul remains committed to adapting and devising creative solutions for customers, partnerships, and the St. Paul community. Furthermore, the utility placed a strong focus on customer engagement in 2022, with in-person engagement opportunities, seminars, and trainings to encourage customers to actively participate in their energy usage. District Energy St Paul also continued to help customers optimize their energy usage through the customer portal and offered training opportunities for improved efficiencies.
Impact
This information is meant to be a general summary of District Energy St Paul Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
District Energy St Paul Inc's impact is significant in the St. Paul community and beyond. By providing energy services to a wide range of customers, including higher education institutions, hospitals, Fortune 500 companies, residential buildings, hotels, entertainment venues, and sports facilities, District Energy St. Paul plays a crucial role in keeping these establishments running efficiently and sustainably.
The organization's utilization of thermal storage, solar thermal technology, and biomass-fired combined heat and power demonstrates a commitment to environmental sustainability and reducing the carbon footprint. Additionally, the focus on in-person customer engagement and energy monitoring tools shows a dedication to empowering customers to be more mindful of their energy usage and seek opportunities for improved efficiency.
As the largest hot-water district energy system in North America and a global leader in integrated energy services, District Energy St. Paul sets a high standard for innovative and dynamic solutions in the energy sector. Through ongoing infrastructure improvements and community engagement efforts, the organization continues to prioritize the needs of its customers, community, and the environment, making a positive impact in St. Paul and setting an example for sustainable energy practices.
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.
ENERGY SERVICES
Revenue
$41,449,852
MANAGEMENT SERVICES
Revenue
$4,297,952
Organization Details
Founding Year
1979
Phone
(651) 297-8955
Principal Officer
Kenneth Smith
Main Address
305 ST PETER STREET, ST PAUL, MN, 55102
Website
www.districtenergy.com
NTEE Category
Code: C35 - Environment
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