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Prime The Pump Fund

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

EIN: 465683903 ✦ Willmar, MN ✦ Designated as a 501(c)(6)

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Overview

What is Prime The Pump Fund?

Prime The Pump Fund is a nonprofit organization headquartered in Willmar, Minnesota. Its primary mission is to foster the growth of a sustainable, renewable fuel market by promoting the acceptance and availability of higher ethanol blends, such as E15 gasoline and flex fuel pumps and vehicles. By doing so, the fund aims to expand ethanol's market reach and offer American consumers a wider array of fuel choices. The organization's activities focus on developing the necessary retail and wholesale infrastructure for the distribution of these cleaner, eco-friendly fuel options, ultimately benefiting the environment, economy, and energy security of the United States.

Is Prime The Pump Fund legitimate?

Prime The Pump Fund is a legitimate nonprofit organization registered as a 501(c)(6) entity. Prime The Pump Fund 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: $0

For more financial information, click here

What is the mission statement of Prime The Pump Fund?

The Prime The Pump Fund's mission is centered around facilitating the development of infrastructure for the retail and wholesale distribution of higher blends of a cleaner, renewable fuel. This initiative aims to benefit the environment, boost the economy, and enhance energy security in the United States. Specifically, the organization works towards improving market access and consumer acceptance of E15 gasoline and ethanol blends, flex fuel pumps, flex fuel vehicles, and mid-level ethanol blends. The ultimate goal is to further ethanol's market penetration and provide U.S. consumers with a broader range of fuel choices.

Who is the CEO of Prime The Pump Fund?

Klay Gross is the Board Member of Prime The Pump Fund.

What is the revenue of Prime The Pump Fund?

Prime The Pump Fund's revenue in 2022 was $20,030.

Who are the executives of Prime The Pump Fund and what are their salaries?


Here are 4 key members and their salaries:


Ray Bradbury (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Klay Gross (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devin Mogler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Zimmerman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Prime The Pump Fund?

Prime The Pump Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Prime The Pump Fund

Prime The Pump Fund is an organization dedicated to promoting the development of infrastructure necessary for the retail and wholesale distribution of higher blends of a cleaner, renewable fuel. This mission aims to benefit the environment, economy, and energy security of the United States. Specifically, the organization works towards improving market access and consumer acceptance of E15 gasoline and ethanol blends, flex fuel pumps, flex fuel vehicles, and mid-level ethanol blends. By furthering ethanol's market penetration and providing U.S. consumers with greater fuel choices, Prime The Pump Fund contributes to a more sustainable and diverse energy landscape.

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Impact




October, 2024

Prime The Pump Fund significantly impacts the infrastructure for retail and wholesale distribution of higher blends of cleaner, renewable fuels, specifically E15 gasoline and mid-level ethanol blends. By facilitating improved market access and increasing consumer acceptance of these fuels, the organization plays a crucial role in enhancing energy security and promoting environmental sustainability in the United States.

The fund supports the installation of flex fuel pumps and encourages the adoption of flex fuel vehicles, which provide consumers with greater fuel choices. This initiative not only benefits the environment by lowering greenhouse gas emissions but also stimulates the economy by creating demand for domestically produced renewable fuels. In doing so, Prime The Pump Fund contributes to a more sustainable energy landscape, ultimately fostering a cleaner, more resilient future for communities across the nation.




This information is meant to be a general summary of Prime The Pump Fund. 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
$20,030 (2022)
Expenses
$494,814 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,030
  • Gross Receipts: $20,030

Assets and Liabilities:

  • Total Assets: $4,758,331
  • Total Liabilities: $186,879
  • Net Assets: $4,571,452

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Organization Details

Founding Year

2014

Principal Officer

Klay Gross

Main Address

302 5TH STREET SW, WILLMAR, MN, 56201

NTEE Category

Code: S41 - Community improvement

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