MINNESOTA UTILITY INVESTORS INC (EIN 411677577) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

ANNETTE HENKEL

Phone

6512277902

Tax Period

2023-01-01 to 2023-12-31

MINNESOTA UTILITY INVESTORS INC, founded in 1990, is a small nonprofit that reported $350K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $411K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO ESTABLISH A CREDIBLE AND INDEPENDENT VOICE FOR MATTERS AFFECTING MN ENERGY UTILITY COMPANIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $305,335

Investment Income $14

Other Revenue $44,865

TOTAL REVENUE $350,214

Expense Breakdown

Grants Paid $0

Salaries & Benefits $244,837

Fundraising Expenses $0

Program Expenses $292,893

Other Expenses $165,898

TOTAL EXPENSES $410,735

Year-over-Year Comparison

	2023	2022	Change
Revenue	$350,214	$369,710	-0.1%
Expenses	$410,735	$399,883	+0.0%
Net Income	$-60,521	$-30,173	+1.0%

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

$167,053

Total Directors

$167,053

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNETTE HENKEL	CHAIR, PRESIDENT & CEO	30.00	Officer Director	$156,121	$10,932	$167,053
CARL LEHMANN	VICE CHAIRMAN	0.50	Officer Director	$0	$0	$0
BRENT BRUNN	TREASURER	0.50	Officer Director	$0	$0	$0
PAUL RANDALL	SECRETARY	0.50	Officer Director	$0	$0	$0
ROY LUUKKONEN	DIRECTOR	0.50	Director	$0	$0	$0
ELLIE MATTHEES	DIRECTOR	0.50	Director	$0	$0	$0
KATHY NORDOS	DIRECTOR	0.50	Director	$0	$0	$0
TERRY PICKENS	DIRECTOR	0.50	Director	$0	$0	$0
AL SANDFORD	DIRECTOR	0.50	Director	$0	$0	$0
JUDITH WITT	DIRECTOR	0.50	Director	$0	$0	$0
MARY DACEY	DIRECTOR	0.50	Director	$0	$0	$0

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	$350,214	$410,735	$936,469	$-60,521
2022	$369,716	$399,883	$909,005	$-30,167
2021	$353,127	$349,809	$997,469	$3,318
2020	$315,140	$323,549	$884,301	$-8,409
2019	$342,043	$400,894	$836,962	$-58,851
2018	$363,461	$427,699	$807,419	$-64,238

MINNESOTA UTILITY INVESTORS INC