Minnesota Utility Investors Inc

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

EIN: 411677577 ✦ Eagan, MN ✦ Designated as a 501(c)(4)

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Overview

What is Minnesota Utility Investors Inc?

Minnesota Utility Investors Inc, situated in Eagan, Minnesota, is a nonprofit organization with a mission to establish and maintain a credible and independent voice regarding matters affecting energy utilities operating within the state. They achieve this by publishing quarterly newsletters, bulletins, and individual correspondence related to public utility issues in Minnesota. With a small team of two dedicated individuals, they strive to provide valuable insights and information to the public, contributing to an informed discussion about energy utilities in the state.


Official website here: www.mnutilityinvestors.org

Is Minnesota Utility Investors Inc legitimate?

Minnesota Utility Investors Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Minnesota Utility Investors 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $160,259
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,252

For more financial information, click here


Official website here: www.mnutilityinvestors.org

What is the mission statement of Minnesota Utility Investors Inc?

Minnesota Utility Investors Inc seeks to establish and maintain a reliable and independent voice regarding matters affecting energy utility companies operating within the state. Their mission is to provide a credible perspective on issues pertaining to the public utility environment in Minnesota. To achieve this, they publish quarterly newsletters, bulletins, and individual correspondence, sharing information and insights related to these topics.


Official website here: www.mnutilityinvestors.org

Who is the CEO of Minnesota Utility Investors Inc?

Annette Henkel is the Chair, President & Ceo of Minnesota Utility Investors Inc. The CEO's salary of Minnesota Utility Investors Inc is $148,309 and their total compensation is $160,259.


Official website here: www.mnutilityinvestors.org

What is the revenue of Minnesota Utility Investors Inc?

Minnesota Utility Investors Inc's revenue in 2022 was $369,716.


Official website here: www.mnutilityinvestors.org

Who are the executives of Minnesota Utility Investors Inc and what are their salaries?

The average compensation at Minnesota Utility Investors Inc during 2022 was $96,756. There are 2 employees and 45 volunteers at Minnesota Utility Investors Inc.


Here are 8 key members and their salaries (Minnesota Utility Investors Inc's CEO's salary is $148,309 and their total compensation is $160,259):


Annette Henkel (Chair, President & Ceo)
  • Compensation: $148,309
  • Related: $0
  • Other: $11,950
Carl Lehmann (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Brunn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Randall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Nordos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Randall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Sanford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Pickens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mnutilityinvestors.org

Where can I find the form 990 for Minnesota Utility Investors Inc?

Minnesota Utility Investors Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mnutilityinvestors.org

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

Mission Statement of Minnesota Utility Investors Inc

Minnesota Utility Investors Inc, a reputable organization, aims to establish and maintain a credible and independent voice in matters relating to energy utilities operating within Minnesota. Their mission is centered around providing an unbiased perspective on issues affecting the public utility environment in the state. To achieve this, they publish quarterly newsletters, bulletins, and individual correspondence, sharing insights and information that are relevant and significant to the public utility sector in Minnesota. By doing so, Minnesota Utility Investors Inc contributes to fostering an informed and engaged discussion on energy utility matters, ultimately serving as a reliable resource for stakeholders in the industry.

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Impact




October, 2024

Minnesota Utility Investors Inc plays a crucial role in shaping the public discourse surrounding energy utility companies in Minnesota. By establishing a credible and independent voice, the organization ensures that a range of perspectives on energy utility matters are represented and considered.

Through publishing quarterly newsletters, bulletins, and targeted correspondence, it keeps stakeholders informed about key issues affecting the public utility environment. This ongoing communication fosters transparency and enhances public awareness, ultimately contributing to a more informed citizenry.

The organization's commitment to maintaining a positive dialogue enables a constructive environment for discussing energy policies and practices, benefiting both utility companies and the communities they serve. Overall, Minnesota Utility Investors Inc impacts Minnesota's energy landscape by advocating for responsible utility practices, ensuring accountability, and promoting public interest in energy-related decisions.




This information is meant to be a general summary of Minnesota Utility Investors Inc. 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
$369,716 (2022)
Expenses
$399,883 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Program Service Revenue: $301,315
  • Gross Receipts: $369,716

Assets and Liabilities:

  • Total Assets: $909,005
  • Total Liabilities: $4,400
  • Net Assets: $904,605

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Programs

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

MEMBERSHIP DUES

Revenue

$301,315

Organization Details

Founding Year

1990

Principal Officer

Annette Henkel

Main Address

3460 WASHINGTON DRIVE 210, EAGAN, MN, 55122

NTEE Category

Code: W80 - Public benefit

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