Overview
What is Minnesota Bio-Fuels Association Inc?
Minnesota Bio-Fuels Association Inc is a nonprofit organization based in Burnsville, Minnesota. Their primary focus is advocating for the renewable fuel industry within the state, which in 2022, produced 1.34 billion gallons of ethanol. They drive legislative action to encourage investments in ethanol storage and dispensing infrastructure, support additional funding for advanced ethanol production, and collaborate with stakeholders to increase the availability of higher blends of ethanol. Their mission is to improve air quality, strengthen rural and agricultural economies, lower consumer energy costs, and promote domestic energy independence. Their work has resulted in significant economic activity and income generation, as well as supporting over 26,000 jobs in Minnesota.
Official website here: www.mnbiofuels.org
Is Minnesota Bio-Fuels Association Inc legitimate?
Minnesota Bio-Fuels Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minnesota Bio-Fuels Association 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: $62,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $348,054
For more financial information, click here
Official website here: www.mnbiofuels.org
What is the mission statement of Minnesota Bio-Fuels Association Inc?
The Minnesota Bio-Fuels Association Inc's mission is centered around advocating for the renewable fuel industry. Their primary goal is to promote and support this sector, aiming to enhance air quality, strengthen rural and agricultural economies, and provide affordable fuel options for consumers. They accomplish this by advocating for favorable legislation, encouraging research and innovation in renewable fuel production, and implementing marketing strategies to promote the benefits of these fuels. Additionally, they collaborate with stakeholders to expand the availability of higher ethanol blends, benefiting farmers and improving environmental standards through reduced greenhouse gas emissions.
Official website here: www.mnbiofuels.org
Who is the CEO of Minnesota Bio-Fuels Association Inc?
Brian Kletscher is the Executive Director of Minnesota Bio-Fuels Association Inc.
Official website here: www.mnbiofuels.org
What is the revenue of Minnesota Bio-Fuels Association Inc?
Minnesota Bio-Fuels Association Inc's revenue in 2022 was $801,727.
Official website here: www.mnbiofuels.org
Who are the executives of Minnesota Bio-Fuels Association Inc and what are their salaries?
The average compensation at Minnesota Bio-Fuels Association Inc during 2022 was $102,674. There are 4 employees at Minnesota Bio-Fuels Association Inc.
Here are 10 key members and their salaries:
- Compensation: $220,461
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- Other: $12,507
- Compensation: $58,152
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- Other: $4,490
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Official website here: www.mnbiofuels.org
Where can I find the form 990 for Minnesota Bio-Fuels Association Inc?
Minnesota Bio-Fuels Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mnbiofuels.org
Learn more at the official website: www.mnbiofuels.org
Mission Statement of Minnesota Bio-Fuels Association Inc
Minnesota Bio-Fuels Association Inc is committed to advocating for the renewable fuel industry within its home state. Their mission is to promote and support this sector, which in 2022, produced 1.34 billion gallons of ethanol, contributing significantly to the state's economy. The organization's efforts aim to enhance the production of renewable fuel products and processes, generating $8 billion in economic activity and providing direct income of $1.9 billion to Minnesota residents. This, in turn, supports over 26,000 jobs across the state.
By advocating for legislative action, Minnesota Bio-Fuels Association Inc seeks to advance the renewable fuel industry. They encourage investments in storage and dispensing infrastructure for higher blends of ethanol, collaborate with stakeholders to secure additional funding for advanced ethanol production, and work with retailers to increase the availability of these blends. Their goals include improving air quality, strengthening rural and agricultural economies, lowering consumer energy costs, and achieving domestic energy independence. The organization's activities demonstrate a commitment to the renewable fuel industry, benefiting both the environment and Minnesota's economy.
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Impact
October, 2024
The Minnesota Bio-Fuels Association Inc plays a pivotal role in fostering the renewable fuel industry in Minnesota, significantly impacting the state's economy and environmental practices. In 2022, the state's ethanol production reached an impressive 1.34 billion gallons, generating a robust $8 billion in economic activity. This thriving industry supports approximately 26,000 jobs and contributes $1.9 billion in direct income for residents, underpinning the livelihoods of many communities across Minnesota.
The association advocates effectively for legislative measures that bolster the renewable fuel sector, promoting investments in infrastructure essential for higher blends of ethanol. Through collaboration with stakeholders, it supports initiatives like the Minnesota Department of Agriculture's Biofue Infrastructure program and the Bioincentive Program, thereby enhancing production capabilities and accessibility of renewable fuels.
By increasing the availability of higher blends of ethanol, the association not only aids farmers and rural communities but also plays a crucial role in improving air quality by reducing greenhouse gas emissions. Their marketing and communication strategies educate consumers about the benefits of renewable fuels, ultimately aiming to achieve lower energy costs and greater domestic energy independence. Through these efforts, the Minnesota Bio-Fuels Association Inc is instrumental in advancing a more sustainable and economically vibrant future for the state.
This information is meant to be a general summary of Minnesota Bio-Fuels Association 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: $52
- Gross Receipts: $801,727
Assets and Liabilities:
- Total Assets: $666,172
- Total Liabilities: $2,769
- Net Assets: $663,403
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Organization Details
Founding Year
2011
Phone
(612) 888-9138Principal Officer
Brian Kletscher
Main Address
500 E TRAVELERS TRAIL 600, BURNSVILLE, MN, 55337
Website
www.mnbiofuels.orgNTEE Category
Code: S41 - Community improvement
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