MIDWEST ENERGY ASSOCIATION

EIN: 410855255

BLOOMINGTON, MN

Total Revenue
$6,874,618
Total Expenses
$6,920,147
Total Assets
$10,817,578
Net Assets
$8,483,824
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1905
Legal Domicile
MN
Principal Officer
LEIGH A LARSON
Phone
6512899600
Tax Period
2023-01-01 to 2023-12-31

MIDWEST ENERGY ASSOCIATION, founded in 1905, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2023.

Mission

TO EMPOWER THE ENERGY INDUSTRY THROUGH EDUCATION, LEADERSHIP DEVELOPMENT, AND INDUSTRY CONNECTIONS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $446,481
Program Service Revenue $6,269,811
Investment Income $158,326
Other Revenue $0
TOTAL REVENUE $6,874,618

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,276,058
Fundraising Expenses $0
Other Expenses $3,644,089
TOTAL EXPENSES $6,920,147

Year-over-Year Comparison

2023 2022 Change
Revenue $6,874,618 $6,986,236 0.0%
Expenses $6,920,147 $5,793,748 +0.2%
Net Income $-45,529 $1,192,488 -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

Sign In

Governance

Voting Members
27
Independent Members
26
Employees
25
Volunteers
250

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
10
$978,072
Total Directors
33
$284,772
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARSON LEIGH PRESIDENT/SECRETARY 37.50
Officer Director
$245,020 $39,752 $284,772
LORENZ JAMES CHAIR 1.00
Officer Director
$0 $0 $0
ASHTON WES 1ST VICE CHAIR 1.00
Officer Director
$0 $0 $0
ASIYANBI RICHARD 2ND VICE CHAIR 1.00
Officer Director
$0 $0 $0
KOZAK ERIC PAST CHAIR 1.00
Officer Director
$0 $0 $0
KAROLEWSKI STEVEN TREASURER 1.00
Officer Director
$0 $0 $0
JOHNSON MARK C UNTIL 8123 EXECUTIVE COMMITTEE DELEGA 1.00
Director
$0 $0 $0
ALLEN CHUCK DIRECTOR 1.00
Director
$0 $0 $0
ARANA SALVADOR DIRECTOR 1.00
Director
$0 $0 $0
SCACCO DON DIRECTOR 1.00
Director
$0 $0 $0
BEATTY MICHAEL DIRECTOR 1.00
Director
$0 $0 $0
BERGER ALICIA DIRECTOR 1.00
Director
$0 $0 $0
CONDER NANCY EXECUTIVE COMMITTEE DELEGA 1.00
Director
$0 $0 $0
FRIEH CARLA DIRECTOR 1.00
Director
$0 $0 $0
GUY JOHN DIRECTOR 1.00
Director
$0 $0 $0
HASTINGS TED DIRECTOR 1.00
Director
$0 $0 $0
INMAN ERIN DIRECTOR 1.00
Director
$0 $0 $0
JOHNSON KEITH DIRECTOR 1.00
Director
$0 $0 $0
KRANSTUBER SCOTT A DIRECTOR 1.00
Director
$0 $0 $0
MARTUSCELLI ERIC DIRECTOR 1.00
Director
$0 $0 $0
MILLS STEVE DIRECTOR 1.00
Director
$0 $0 $0
NELSON MIKE DIRECTOR 1.00
Director
$0 $0 $0
SCHROEPPEL BOBBI L DIRECTOR (THROUGH MARCH) 1.00
Director
$0 $0 $0
SHELLBERG CHRIS DIRECTOR 1.00
Director
$0 $0 $0
EZPARZA LANCE DIRECTOR 1.00
Director
$0 $0 $0
SINGLETON CHRISTE H DIRECTOR 1.00
Director
$0 $0 $0
FARLINGER MAYURI DIRECTOR 1.00
Director
$0 $0 $0
KELLEY JACK DIRECTOR 1.00
Director
$0 $0 $0
HASAN BEY KARIMA DIRECTOR 1.00
Director
$0 $0 $0
WEBSTER JOHN PAST CHAIR (THROUGH MARCH) 1.00
Director
$0 $0 $0
WALTER DAVE DIRECTOR 1.00
Director
$0 $0 $0
JOST ELIZABETH DIRECTOR (THROUGH MARCH) 1.00
Director
$0 $0 $0
SHRUBA MIKE DIRECTOR (THROUGH MARCH) 1.00
Director
$0 $0 $0
GAFFANEY KYLE TECHNOLOGY & FINANCE VP 37.50
Officer
$188,482 $26,381 $214,863
GANN JOHN MEMBERSHIP SERVICES VP 37.50
Officer
$139,347 $22,759 $162,106
VITA MARTY PRODUCT MGMT & SUPPORT VP 37.50
Officer
$117,815 $32,701 $150,516
BONINE STACEY PROGRAM SERVICES VP 37.50
Officer
$144,357 $21,458 $165,815
BLOW CHRYSTAL ELEARNING DEVELOPER 37.50
Highest
$116,259 $18,547 $134,806
MURRAY LARRY COMPLIANCE DIRECTOR 37.50
Highest
$118,871 $8,021 $126,892
ROBERTSON LINDSAY MARKETING/COMMUNICATIONS 37.50
Highest
$125,529 $16,536 $142,065
SZAMBELAN DEAN MULTIMEDIA TECH MANAGER 37.50
Highest
$122,545 $18,704 $141,249
SHANNON CHAD BUSINESS DEV MANAGER 37.50
Highest
$145,292 $19,210 $164,502
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 $6,874,618 $6,920,147 $10,817,578 $-45,529
2022 $6,986,236 $5,793,748 $11,082,322 $1,192,488
2021 $6,357,097 $4,416,372 $11,233,346 $1,940,725
2020 $4,144,878 $4,265,050 $9,471,920 $-120,172
2019 $6,173,418 $6,448,271 $7,584,773 $-274,853
2018 $6,170,721 $5,824,374 $7,199,013 $346,347
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MIDWEST ENERGY ASSOCIATION with other nonprofits in Minnesota and across the country.