MUNICIPAL ELECTRIC UTILITIES OF WISCONSIN INC (EIN 391433127) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

TIMOTHY HEINRICH

Phone

6088372263

Tax Period

2023-01-01 to 2023-12-31

MUNICIPAL ELECTRIC UTILITIES OF WISCONSIN INC, founded in 1987, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2023.

Mission

TO UNDERTAKE SUCH ACTIVITIES AS WILL FURTHER MUNICIPAL OWNERSHIP OF ELECTRIC UTILITIES OR OTHERWISE BE TO THE BENEFIT OF MUNICIPALLY-OWNED ELECTRIC UTILITIES, AND WITH RESPECT TO SUCH PURPOSES; TO SECURE AND DISSEMINATE INFORMATION IN REGARD TO MUNICIPAL OWNERSHIP OF ELECTRIC UTILITIES, IN ORDER TO INCREASE THE PROGRESS AND EFFICIENCY OF MUNICIPAL ELECTRIC UTILITIES; TO AID AND ASSIST MEMBERS AND AFFILIATE MEMBERS OF THE CORPORATION IN SECURING ENGINEERING, LEGAL, LOBBYING, AND OTHER ADVICE OR ASSISTANCE IN MATTERS PERTAINING TO MUNICIPAL ELECTRIC UTILITIES; TO PROMOTE LEGISLATION AND OTHER GOVERNMENTAL ACTION WHICH WILL BE BENEFICIAL TO THE MEMBERS AND AFFILIATE MEMBERS OF THE CORPORATION, AND TO PREVENT LEGISLATIVE, REGULATORY, OR OTHER GOVERNMENTAL ACTION AS MAY BE INJURIOUS THERETO; TO RESIST EFFORTS BY PRIVATE ELECTRIC UTILITIES OR OTHERS TO PURCHASE OR OTHERWISE OBTAIN, ELIMINATE, OR CONSTRAIN THE EXPANSION OF MUNICIPAL ELECTRIC UTILITIES; TO HOLD MEETINGS AND CONFERENCES OF THE MEMBERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,272,621

Investment Income $28,698

Other Revenue $40,984

TOTAL REVENUE $2,342,303

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,606,965

Fundraising Expenses $0

Other Expenses $737,677

TOTAL EXPENSES $2,344,642

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,342,303	$2,207,589	+0.1%
Expenses	$2,344,642	$2,148,402	+0.1%
Net Income	$-2,339	$59,187	-1.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$239,630

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK WICKLUND	BOARD CHAIR	1.50	Officer Director	$0	$0	$0
NICOLAS KUMM	CHAIR-ELECT	1.50	Officer Director	$0	$0	$0
GEORGE MORRISSEY	IMMEDIATE PAST CHAIR	1.25	Officer Director	$0	$0	$0
TIM AABY	VICE CHAIR (BEG MID-NOV)	1.50	Officer Director	$0	$0	$0
TIM HERLITZKA	SECRETARY-TREASURER	2.00	Officer Director	$0	$0	$0
DEAN BERGSTROM	VICE CHAIR (THRU MID-NOV)	1.50	Officer Director	$0	$0	$0
STEVE BROOKS	AT-LARGE DIRECTOR	1.00	Director	$0	$0	$0
BRIAN CARROLL	AT-LARGE DIRECTOR	1.00	Director	$0	$0	$0
TROY ADAMS	AT-LARGE DIRECTOR	1.00	Director	$0	$0	$0
JEM BROWN	AT-LARGE DIRECTOR	1.00	Director	$0	$0	$0
SCOTT GALD	DIRECTOR	1.00	Director	$0	$0	$0
MELANIE KRAUSE	DIRECTOR	1.00	Director	$0	$0	$0
GREG KUHN	DIRECTOR	1.00	Director	$0	$0	$0
TROY WARDELL	DIRECTOR	1.00	Director	$0	$0	$0
TIM PUTZ	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN RHODES	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE KALTENBERG	DIRECTOR	1.00	Director	$0	$0	$0
JILL WEISS	DIRECTOR	1.00	Director	$0	$0	$0
NICK GAHLMAN	DIRECTOR	1.00	Director	$0	$0	$0
RON JANZEN	DIRECTOR	1.00	Director	$0	$0	$0
WESTON ARNDT	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY HEINRICH	PRESIDENT AND CEO	40.00	Officer	$223,841	$15,789	$239,630
MICHAEL CZUPRYNKO	DIRECTOR OF SAFETY SERVICES AND OPERATIONS	40.00	Highest	$119,913	$21,363	$141,276
RANDY LARSON	ELECTRIC UTILITY SAFETY & TRAINING	40.00	Highest	$118,292	$9,971	$128,263
DONALD HARNISCH	ELECTRIC UTILITY SAFETY & TRAINING	40.00	Highest	$118,363	$9,093	$127,456
TYLER VORPAGEL	DIRECTOR OF LEGISLATIVE AND REGULATORY RELATIONS	40.00	Highest	$101,953	$7,313	$109,266

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
2024	No data	No data	No data	No data
2023	$2,342,303	$2,344,642	$853,123	$-2,339
2022	$2,207,589	$2,148,402	$821,595	$59,187
2021	$1,997,258	$1,946,293	$735,297	$50,965
2020	$1,892,991	$1,979,537	$608,181	$-86,546
2019	$1,977,858	$2,115,466	$750,290	$-137,608
2018	$1,992,197	$1,961,748	$833,966	$30,449

MUNICIPAL ELECTRIC UTILITIES OF WISCONSIN INC