Overview
What is Minnesota Waste Wise Foundation?
The Minnesota Waste Wise Foundation, established in 1994, is a 501(c)(3) nonprofit organization with a mission to promote sustainable business practices among Minnesota-based businesses and organizations. Located at 380 Saint Peter Street 1050, St. Paul, MN 55102, the foundation offers environmental sustainability consulting services that have been benefiting local businesses and communities for over two decades. The state of Minnesota, counties, and other entities contract with the foundation to help them achieve their goals of reducing commercial waste. Energy utilities also engage the foundation to advance commercial and industrial energy reduction projects. In the fiscal year 2021-2022, the foundation provided direct services to over 1,561 businesses in 139 cities throughout Minnesota, completed 137 electric energy upgrades, and documented substantial energy and cost savings. The foundation's work contributes to the environmental health and economic vitality of Minnesota communities.
Official website here: www.mnwastewise.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Minnesota Waste Wise Foundation has achieved a Four-Star rating on Charity Navigator, reflecting its strong performance in accountability and finance. The organization excels in governance, with a board composed entirely of independent members, showcasing a commitment to ethical oversight and management. The absence of material diversion of assets further reinforces its credibility and trustworthiness.
Additionally, the Foundation demonstrates fiscal responsibility with a program expense ratio of 84.14%, indicating that a significant portion of its expenses directly supports its mission. Robust financial practices are evident through the presence of an Audit and Oversight Committee and comprehensive policies that include conflict of interest and whistleblower protections, ensuring transparency and responsible management of resources.
While the organization has shown exceptional strength in financial accountability and governance, ongoing engagement and communication with stakeholders could enhance its impact and visibility in the community. Overall, the Minnesota Waste Wise Foundation is well-managed, making it a trustworthy option for donors looking to support waste reduction initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Waste Wise Foundation legitimate?
Minnesota Waste Wise Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Waste Wise Foundation 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: $1,124,244
For more financial information, click here
Official website here: www.mnwastewise.org
What is the mission statement of Minnesota Waste Wise Foundation?
Minnesota Waste Wise Foundation, a 501(c)(3) nonprofit, strives to assist businesses and organizations in implementing sustainable practices, thereby saving money and safeguarding the environment. The organization's mission is to enhance environmental health and economic vitality in communities by promoting sustainability principles within Minnesota-based businesses and organizations. Since its establishment in 1994, the Minnesota Waste Wise Foundation has offered environmental sustainability consulting services, benefiting businesses and non-profit communities across the state. Their services are increasingly sought after by funding entities each year, and they collaborate with various entities to help them achieve their goals of reducing commercial waste. In fiscal year 2021-2022, the foundation provided direct services to over 1,561 businesses, completed electric energy upgrades, and documented substantial energy and cost savings.
Official website here: www.mnwastewise.org
Who is the CEO of Minnesota Waste Wise Foundation?
Robert Friend is the Chair of Minnesota Waste Wise Foundation.
Official website here: www.mnwastewise.org
What is the revenue of Minnesota Waste Wise Foundation?
Minnesota Waste Wise Foundation's revenue in 2022 was $2,511,981.
Official website here: www.mnwastewise.org
Who are the executives of Minnesota Waste Wise Foundation and what are their salaries?
The average compensation at Minnesota Waste Wise Foundation during 2022 was $53,535. There are 21 employees and 7 volunteers at Minnesota Waste Wise Foundation.
Here are 16 key members and their salaries:
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- Related: $160,278
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- Related: $267,970
- Other: $40,313
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- Related: $175,144
- Other: $11,820
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- Related: $146,655
- Other: $11,527
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- Related: $165,288
- Other: $17,085
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- Related: $550,612
- Other: $49,772
Official website here: www.mnwastewise.org
Where can I find the form 990 for Minnesota Waste Wise Foundation?
Minnesota Waste Wise Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mnwastewise.org
Learn more at the official website: www.mnwastewise.org
Mission Statement of Minnesota Waste Wise Foundation
Minnesota Waste Wise Foundation, a 501(c)(3) organization, is dedicated to assisting businesses and organizations in implementing more sustainable practices, thereby saving money and preserving the environment. Its mission is to enhance the environmental health and economic vitality of communities across Minnesota by promoting sustainability principles within local businesses and organizations.
Established in 1994, the Minnesota Waste Wise Foundation has been providing environmental sustainability consulting services to Minnesota businesses and nonprofit communities. These services have proven beneficial, and the demand for them has been increasing annually, with more funding entities seeking their expertise. The organization's services have been contracted by various entities, including the state of Minnesota, counties, and energy utilities, to help them achieve their goals of reducing commercial waste and advancing energy reduction projects.
Through its services, Minnesota Waste Wise Foundation has contributed significantly to the environmental and economic well-being of various businesses and communities. In the 2021-2022 fiscal year alone, the organization provided direct services to over 1,500 businesses in 139 cities across Minnesota, completed 137 electrical energy upgrades, documented estimated year 1 annual cost savings of $714,571, and diverted an estimated 3,328,744 pounds of waste from waste streams, among other achievements.
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Impact
July, 2024
Minnesota Waste Wise Foundation has a significant impact on Minnesota businesses and organizations by helping them implement more sustainable business practices. Through their environmental sustainability consulting services, they have provided direct services to over 1,561 businesses in 139 cities throughout Minnesota. In fiscal year 2021-2022, they completed 137 electric energy upgrades, resulting in an estimated year 1 annual cost savings of $714,571 and 4,204,449 estimated year 1 annual kWh energy savings. Additionally, they completed 31 natural gas energy upgrades, with 19,612 estimated year 1 annual dekatherms energy savings. Furthermore, they diverted 3,328,744 pounds of waste from the waste stream, resulting in an estimated year 1 cost savings for waste diversion of $125,631. Their efforts not only help businesses save money but also contribute to protecting the environment and improving the overall economic vitality of communities in Minnesota.
This information is meant to be a general summary of Minnesota Waste Wise Foundation. 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: $16,135
- Program Service Revenue: $2,489,846
- Gross Receipts: $2,973,131
Assets and Liabilities:
- Total Assets: $2,360,953
- Total Liabilities: $275,831
- Net Assets: $2,085,122
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$1,654,793
ENERGY SMART
Revenue
$827,011
WASTE SORT
Revenue
$8,042
Organization Details
Founding Year
1996
Phone
(651) 292-4650Principal Officer
Robert Friend
Main Address
380 SAINT PETER STREET 1050, ST PAUL, MN, 55102
Website
www.mnwastewise.orgNTEE Category
Code: L80 - Housing
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