Overview
What is Great Plains Institute For Sustainable Development Inc?
Great Plains Institute for Sustainable Development Inc, based in Minneapolis, Minnesota, is a nonprofit organization dedicated to addressing the significant role of fossil fuels in our energy system. Despite providing a majority of our electricity, heating, cooling, and transportation fuel, burning coal, oil, and natural gas contributes to global warming and climate change, as well as other negative outcomes. The institute works on developing market-based strategies to minimize harmful fossil fuel emissions and transition plans for industries and communities reliant on fossil fuels. Their focus areas include promoting education, dialogue, and outreach on federal carbon regulation implementation, shaping the national discourse surrounding the Clean Power Plan, and supporting the deployment of Carbon Capture and Sequestration with Enhanced Oil Recovery (CCS-EOR) through incentives and education. Their mission is to transform the energy system for the benefit of the economy and environment, exemplifying their commitment to a sustainable future.
Official website here: www.betterenergy.org
What are the reviews and ratings of this charity?
**Great Plains Institute For Sustainable Development Inc - Charity Navigator Rating: 97% (Four-Star out of Four Stars)**
The Great Plains Institute For Sustainable Development Inc has achieved an impressive 97% rating from Charity Navigator, indicating strong accountability and financial health. The score is entirely based on a single beacon, which reflects the organization’s effectiveness in these areas, and shows a commitment to transparency and sound fiscal management. However, it is important to note that this rating does not incorporate assessments of the organization's leadership, culture, or impact, limiting a full understanding of its overall effectiveness.
The institute boasts a fully independent board composed of five members, alongside exemplary financial practices, such as the absence of material asset diversion and a high program expense ratio of 84.69%. While its fundraising efficiency is also commendable, bringing in a significant return relative to costs, the lack of a conflict of interest policy represents a notable gap in governance that could benefit from attention.
Currently, user reviews from GreatNonprofits are not available, which limits additional insights from the community regarding the organization's impact. Without user-generated content, it is difficult to gauge the on-the-ground perception of the institute’s programs and effectiveness among the constituents they serve.
This AI summary has been generated from information found on Charity Navigator.
Is Great Plains Institute For Sustainable Development Inc legitimate?
Great Plains Institute For Sustainable Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Plains Institute For Sustainable Development 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: $718,849
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,883,278
For more financial information, click here
Official website here: www.betterenergy.org
What is the mission statement of Great Plains Institute For Sustainable Development Inc?
The Great Plains Institute for Sustainable Development Inc's mission is centered around transforming the energy system to benefit both the economy and the environment. This organization aims to develop market-based strategies for reducing harmful fossil fuel emissions and create effective transition strategies for industries and communities reliant on fossil fuels. Their focus areas include expanding education, dialogue, and outreach on federal carbon regulation implementation, shaping the national discourse surrounding the Clean Power Plan, and supporting the deployment of carbon capture and sequestration with enhanced oil recovery through incentives and education.
Official website here: www.betterenergy.org
Who is the CEO of Great Plains Institute For Sustainable Development Inc?
Rolf Nordstrom is the President & Ceo of Great Plains Institute For Sustainable Development Inc. The CEO's salary of Great Plains Institute For Sustainable Development Inc is $181,977 and their total compensation is $216,316.
Official website here: www.betterenergy.org
What is the revenue of Great Plains Institute For Sustainable Development Inc?
Great Plains Institute For Sustainable Development Inc's revenue in 2022 was $10,280,509.
Official website here: www.betterenergy.org
Who are the executives of Great Plains Institute For Sustainable Development Inc and what are their salaries?
The average compensation at Great Plains Institute For Sustainable Development Inc during 2022 was $73,513. There are 49 employees and 5 volunteers at Great Plains Institute For Sustainable Development Inc.
Here are 14 key members and their salaries (Great Plains Institute For Sustainable Development Inc's CEO's salary is $181,977 and their total compensation is $216,316):
- Compensation: $181,977
- Related: $0
- Other: $34,339
- Compensation: $169,959
- Related: $0
- Other: $7,200
- Compensation: $154,063
- Related: $0
- Other: $8,339
- Compensation: $138,074
- Related: $0
- Other: $24,898
- Compensation: $118,226
- Related: $0
- Other: $22,828
- Compensation: $104,200
- Related: $0
- Other: $11,600
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.betterenergy.org
Where can I find the form 990 for Great Plains Institute For Sustainable Development Inc?
Great Plains Institute For Sustainable Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.betterenergy.org
Learn more at the official website: www.betterenergy.org
Mission Statement of Great Plains Institute For Sustainable Development Inc
The Great Plains Institute for Sustainable Development Inc is committed to transforming the existing energy system to benefit both the economy and the environment. Their mission, in essence, involves devising market-driven strategies to minimize harmful fossil fuel emissions and facilitate transition plans for industries and communities that heavily rely on these energy sources.
The organization recognizes that fossil fuels, such as coal, oil, and natural gas, are currently the primary providers of electricity, heating, cooling, and transportation fuel, accounting for 87% of global consumption. However, the burning of these fuels is a significant contributor to global warming and climate change, as well as various other undesirable outcomes. The Great Plains Institute aims to address this issue by advocating for effective transition strategies and reducing harmful emissions.
To achieve their goals, the Great Plains Institute engages in various activities. They collaborate with stakeholder groups to facilitate discussions on federal carbon regulation implementation, such as the Midcontinent States Environmental and Energy Regulators (MSEER), PJM States Group, and the Midwestern Power Sector Collaborative (MPSC). Additionally, they contribute to national discussions surrounding the Clean Power Plan by presenting at conferences and events across the United States. Lastly, the Institute supports the deployment of Carbon Capture and Sequestration with Enhanced Oil Recovery (CCS-EOR) through incentives and education, convening initiatives like the National Enhanced Oil Recovery Initiative (NEORI) and the State CCS-EOR Group.
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Impact
July, 2024
Great Plains Institute For Sustainable Development Inc is playing a critical role in transforming the energy system to benefit the economy and environment. By focusing on carbon management strategies, the organization is working towards reducing harmful fossil fuel emissions and facilitating effective transition strategies for industries and communities that rely on fossil fuels. Through initiatives such as education, dialogue facilitation, and supporting the deployment of carbon capture and sequestration technologies, Great Plains Institute is contributing to the national discourse surrounding clean energy and climate change mitigation. Their efforts are not only addressing the challenges posed by fossil fuel consumption but also paving the way for a more sustainable and environmentally friendly energy system.
This information is meant to be a general summary of Great Plains Institute For Sustainable Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,071
- Program Service Revenue: $309,950
- Gross Receipts: $10,280,509
Assets and Liabilities:
- Total Assets: $11,945,771
- Total Liabilities: $900,654
- Net Assets: $11,045,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTS
Revenue
$309,723
OTHER INCOME
Revenue
$227
Organization Details
Founding Year
1997
Phone
(612) 278-7157Principal Officer
Rolf Nordstrom
Main Address
2801 21ST AVE S 220, MINNEAPOLIS, MN, 55407
Website
www.betterenergy.orgNTEE Category
Code: S30 - Community improvement
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