MIDWEST ENERGY EFFICIENCY ALLIANCE

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

PAIGE KNUTSEN

Phone

3125878390

Tax Period

2024-07-01 to 2025-06-30

MIDWEST ENERGY EFFICIENCY ALLIANCE, founded in 2000, is a community nonprofit in the Environment sector that reported $6.1M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

THE MIDWEST ENERGY EFFICIENCY ALLIANCE (MEEA) IS A COLLABORATIVE NETWORK, PROMOTING ENERGY EFFICIENCY TO OPTIMIZE ENERGY GENERATION, REDUCE CONSUMPTION, CREATE JOBS AND DECREASE CARBON EMISSIONS IN ALL MIDWEST COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $1,996,855 Revenue: $251,805

CONDUCT RESEARCH, IMPLEMENT PROGRAMS, AND ADMINISTER WORKFORCE DEVELOPMENT PROGRAMS THAT ADVANCE ENERGY EFFICIENCY ACROSS MIDWEST STATES, ACCELERATING MARKET ADOPTION OF COST-EFFECTIVE TECHNOLOGIES...

Program 2

Expenses: $1,918,564 Revenue: $416,932

ADVANCE ENERGY EFFICIENCY POLICIES THROUGH RESEARCH, ANALYSIS, TECHNICAL ASSISTANCE, AND ADVOCACY; PROMOTE INCREASED PUBLIC AND PRIVATE INVESTMENT; AND TRACK LOCAL, STATE, REGIONAL, AND FEDERAL...

ADVANCE ENERGY EFFICIENCY POLICIES THROUGH RESEARCH, ANALYSIS, TECHNICAL ASSISTANCE, AND ADVOCACY; PROMOTE INCREASED PUBLIC AND PRIVATE INVESTMENT; AND TRACK LOCAL, STATE, REGIONAL, AND FEDERAL POLICY DEVELOPMENTS TO INFORM AND ENGAGE MEMBERS AND STAKEHOLDERS.

Program 3

Expenses: $834,335 Revenue: $909,355

CONVENE UTILITIES, BUSINESSES, POLICYMAKERS, AND ADVOCATES TO DEVELOP BEST PRACTICES, PILOT INNOVATIVE SOLUTIONS, AND SHARE EXPERTISE THROUGH CONFERENCES, COMMITTEES, AND WORKING GROUPS THAT...

CONVENE UTILITIES, BUSINESSES, POLICYMAKERS, AND ADVOCATES TO DEVELOP BEST PRACTICES, PILOT INNOVATIVE SOLUTIONS, AND SHARE EXPERTISE THROUGH CONFERENCES, COMMITTEES, AND WORKING GROUPS THAT STRENGTHEN REGIONAL COLLABORATION AND ACCELERATE CLEAN ENERGY PROGRESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,353,669

Program Service Revenue $1,578,092

Investment Income $132,192

Other Revenue $55,735

TOTAL REVENUE $6,119,688

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,815,537

Fundraising Expenses $1,820

Program Expenses $4,749,754

Other Expenses $3,818,613

TOTAL EXPENSES $6,634,150

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,119,688	$4,732,310	+0.3%
Expenses	$6,634,150	$5,234,018	+0.3%
Net Income	$-514,462	$-501,708	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$528,741

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN DOYLE	CHAIR	2.00	Officer Director	$0	$0	$0
ASHLEY PALLADINO	VICE CHAIR	2.00	Officer Director	$0	$0	$0
CHRISTINA FRANK	TREASURER	2.00	Officer Director	$0	$0	$0
SARA CONZEMIUS	SECRETARY	2.00	Officer Director	$0	$0	$0
JOHN BOLADIAN	DIRECTOR - AS OF 07/01/24	2.00	Director	$0	$0	$0
THERESA COLLINS	DIRECTOR - AS OF 07/01/24	2.00	Director	$0	$0	$0
CARLA FOSTER	DIRECTOR	2.00	Director	$0	$0	$0
JULIA FRIEDMAN	DIRECTOR	2.00	Director	$0	$0	$0
KATIE FRYE	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS GLENDENING	DIRECTOR	2.00	Director	$0	$0	$0
AMALIA HICKS	DIRECTOR	2.00	Director	$0	$0	$0
LISA KEELS	DIRECTOR - AS OF 07/01/24	2.00	Director	$0	$0	$0
RYAN KERR	DIRECTOR - AS OF 07/01/24	2.00	Director	$0	$0	$0
BRYAN MCDANIEL	DIRECTOR	2.00	Director	$0	$0	$0
JEN MILAZZO	DIRECTOR	2.00	Director	$0	$0	$0
DENISE MUNOZ	DIRECTOR	2.00	Director	$0	$0	$0
CARL NELSON	DIRECTOR	2.00	Director	$0	$0	$0
CARL SAMUELSON	DIRECTOR	2.00	Director	$0	$0	$0
THERESA SCHMIDT	DIRECTOR	2.00	Director	$0	$0	$0
JOLENE SHEIL	DIRECTOR	2.00	Director	$0	$0	$0
ANDRENIKA WHISENTON	DIRECTOR	2.00	Director	$0	$0	$0
EMILY WILBUR	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM WOREK	DIRECTOR	2.00	Director	$0	$0	$0
PAIGE KNUTSEN	EXECUTIVE DIRECTOR	40.00	Officer	$201,137	$14,194	$215,331
WILLIAM ANGELOS	DEPUTY DIRECTOR	40.00	Officer	$142,986	$13,947	$156,933
JENNIFER RHODES	DIR. MEM. & EXT. REL.	40.00	Officer	$142,204	$14,273	$156,477
MOLLY GRAHAM	DIR. MKT. COL. & ED.	40.00	Highest	$135,427	$14,492	$149,919
ALISON LINDBURG	DIR., BLDG. CODES & POL.	40.00	Highest	$122,121	$21,902	$144,023
MADDIE WAZOWICZ	DIRECTOR, POLICY	40.00	Highest	$118,301	$16,843	$135,144

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$6,119,688	$6,634,150	$3,728,830	$-514,462
2024	$4,732,310	$5,234,018	$4,334,115	$-501,708
2023	$3,792,366	$4,605,454	$4,990,879	$-813,088
2022	$3,586,045	$3,311,835	$4,615,052	$274,210
2021	$3,338,954	$2,965,747	$4,224,945	$373,207
2020	$3,476,307	$3,599,734	$4,068,422	$-123,427
2019	$4,767,757	$4,542,949	$4,288,928	$224,808
2018	$4,878,338	$4,613,282	$4,070,060	$265,056