MINNESOTA UTILITY INVESTORS INC

EIN: 411677577

EAGAN, MN

Total Revenue
$350,214
Total Expenses
$410,735
Total Assets
$936,469
Net Assets
$930,969
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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
MN
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 AND MAINTAIN A POSITIVE, CREDIBLE AND INDEPENDENT VOICE REGARDING MATTERS AFFECTING ENERGY UTILITIES OPERATING IN MINNESOTA.

Program Service Accomplishments

Program 1
Expenses: $233,523 Revenue: $305,335

ORGANIZE LOCAL MEMBER MEETINGS AND AN ANNUAL MEETINGS FOR EDUCATION AND ADVOCACY

Program 2
Expenses: $59,370 Revenue: $0

PUBLISHING QUARTERLY NEWSLETTERS, BULLETINS AND INDIVIDUAL CORRESPONDENCE RELATING TO MATTERS AND ISSUES AFFECTING THE PUBLIC UTILITY ENVIRONMENT IN MINNESOTA. THE ORGANIZATION HAD 17,000 MEMBERS IN...

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PUBLISHING QUARTERLY NEWSLETTERS, BULLETINS AND INDIVIDUAL CORRESPONDENCE RELATING TO MATTERS AND ISSUES AFFECTING THE PUBLIC UTILITY ENVIRONMENT IN MINNESOTA. THE ORGANIZATION HAD 17,000 MEMBERS IN 2023.

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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%)

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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

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Governance

Voting Members
11
Independent Members
10
Employees
3
Volunteers
35

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
4
$167,053
Total Directors
11
$167,053
Key Employees
0
$0
Highest Compensated
0
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
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