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Michigan Saves

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

EIN: 271388004 ✦ Lansing, MI ✦ Designated as a 501(c)(3)

Overview

What is Michigan Saves?

Michigan Saves is a nonprofit organization established for charitable, scientific, literary, and educational purposes, working within the state of Michigan. Their primary mission is to create a statewide, innovative energy efficiency and distributed renewable energy financing system, benefiting utility customers in Michigan. By engaging in various activities, Michigan Saves aims to improve the energy efficiency of homes and businesses, promoting the use of renewable energy sources, and ultimately enhancing the overall energy infrastructure of the state.


Official website here: www.michigansaves.org

Is Michigan Saves legitimate?

Michigan Saves is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Saves 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.

Here 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


Official website here: www.michigansaves.org

What is the mission statement of Michigan Saves?

Michigan Saves is a charitable organization dedicated to promoting energy efficiency and distributed renewable energy. It aims to create an innovative statewide financing system to benefit utility customers across the state, with a focus on advancing these causes through various activities. The mission of Michigan Saves is to contribute to the wider community by fostering a more sustainable energy landscape, thereby supporting a greener future for all.


Official website here: www.michigansaves.org

Who is the CEO of Michigan Saves?

Paul Schutt is the President of Michigan Saves.


Official website here: www.michigansaves.org

What is the revenue of Michigan Saves?

Michigan Saves' revenue in 2022 was $5,654,697.


Official website here: www.michigansaves.org

Who are the executives of Michigan Saves and what are their salaries?

Here are 18 key members and their salaries:

    Paul Schutt (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roselyn Tantraphol (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Wible (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Gould (Ex Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Boladian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amanda Godward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Matley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Conan Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Selma Tucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alina Verdiyan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Larson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Mcgraw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Poli Ended (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelley Sullivan Ended (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teri Van Sumeren Ended (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Templeton (President/Ce)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.michigansaves.org

    Where can I find the form 990 for Michigan Saves?

    The Michigan Saves’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.michigansaves.org

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

    Mission Statement of Michigan Saves

    Michigan Saves, a charitable organization, is dedicated to promoting energy efficiency and the use of renewable energy across the state. Established with a mission rooted in philanthropy, education, and science, the corporation seeks to create an innovative statewide financing system for utility customers in Michigan. The primary goal is to develop a system that encourages energy efficiency and the adoption of renewable energy, benefiting both the environment and the utility customers. Michigan Saves engages in various activities to achieve this purpose, working towards a future where energy efficiency and renewable energy are integral parts of the state's energy landscape.

    Impact

    This information is meant to be a general summary of Michigan Saves. Please take the time to review official sources before making any decisions based upon the content provided here.




    Tuesday, June 18, 2024

    Michigan Saves has significantly impacted the energy efficiency landscape in the state of Michigan by creating a statewide, innovative energy efficiency and distributed renewable energy financing system. This initiative benefits utility customers in Michigan by providing access to financial resources for energy-saving upgrades and renewable energy installations. Through its efforts, Michigan Saves has helped reduce energy consumption, lower utility bills, and promote sustainability in the local community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $301,242
  • Program Service Revenue: $2,830,030
  • Gross Receipts: $6,384,246

    • Assets and Liabilities:
  • Total Assets: $18,460,904
  • Total Liabilities: $3,350,711
  • Net Assets: $15,110,193
  • Programs

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

    CONTRACTOR/APPLICATION FEES

    Revenue

    $2,830,030

    Organization Details

    Founding Year

    2009

    Principal Officer

    Paul Schutt

    Main Address

    230 N WASHINGTON SQUARE SUITE 300, LANSING, MI, 48933

    NTEE Category

    Code: C35 - Environment

    If you are a representative of Michigan Saves and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.