Renew Wisconsin Inc
- Assets
- $1.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 26
- Location
- Madison, WI
- Founding
- 03/1992
- Data as of
- 06/2024
- EIN
- 39-1702164
Organization Overview
Renew Wisconsin Inc is located in Madison, WI. The organization was established in 1992. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. As of 06/2024, Renew Wisconsin Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renew Wisconsin Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Renew Wisconsin Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $1.7m during the year ending 06/2024. While expenses have increased by 16.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Renew Wisconsin Inc has awarded 48 individual grants totaling $704,868. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR ECONOMICALLY AND ENVIRONMENTALLY SUSTAINABLE ENERGY POLICIES AND PRACTICES, PRIMARILY THE DEVELOPMENT OF RENEWABLE ENERGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENEW PROVIDES EDUCATION ABOUT RENEWABLE ENERGY, ADVOCATES FOR FAVORABLE CLEAN ENERGY POLICY, AND ISSUES GRANTS TO BUSINESSES AND NONPROFITS LOOKING TO INSTALL SOLAR. IN 2024, THE PSC REOPENED AN INVESTIGATION INTO PARALLEL GENERATION TO SHAPE THE FUTURE OF NET ENERGY METERING (NEM) POLICY IN WISCONSIN, WITH THE COMMISSION COLLABORATING ON A NATIONWIDE VOSS LITERATURE REVIEW. VOTERS REJECTED AMENDMENTS TO CHANGE HOW FEDERAL DOLLARS ARE ALLOCATED IN THE STATE, ENSURING THE GOVERNOR RETAINS AUTHORITY OVER EMERGENCY AND UNALLOCATED FUNDS. WISCONSIN ALSO BECAME THE FIRST STATE TO LAUNCH THE HOMES REBATE PROGRAM, UTILIZING IRA FUNDS TO HELP HOMEOWNERS IMPROVE ENERGY EFFICIENCY. ADDITIONALLY, THE WISCONSIN STATE SENATE PASSED BILLS ALLOWING EV CHARGING STATIONS TO CHARGE BY THE UNIT OF ELECTRICITY, FURTHER ADVANCING CLEAN ENERGY ACCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Seeboth-Wilson Director | Trustee | 1 | $0 |
Lauren Reeg Vice-President | OfficerTrustee | 1 | $0 |
Josh Arnold Secretary (beg Aug) | OfficerTrustee | 1 | $0 |
Mike Barnett President | OfficerTrustee | 1 | $0 |
Mike Cornell Director | Trustee | 1 | $0 |
Jim Funk Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $103,322 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $878,025 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $981,347 |
| Total Program Service Revenue | $613,623 |
| Investment income | $42,374 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,648,264 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $66,626 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $104,030 |
| Compensation of current officers, directors, key employees. | $31,209 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $909,792 |
| Pension plan accruals and contributions | $18,652 |
| Other employee benefits | $41,177 |
| Payroll taxes | $79,697 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $137,732 |
| Fees for services: Accounting | $26,073 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,772 |
| Advertising and promotion | $29,180 |
| Office expenses | $9,972 |
| Information technology | $7,256 |
| Royalties | $0 |
| Occupancy | $46,100 |
| Travel | $13,817 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $90,398 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,874 |
| All other expenses | $17,239 |
| Total functional expenses | $1,686,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,058 |
| Savings and temporary cash investments | $1,177,541 |
| Pledges and grants receivable | $280,000 |
| Accounts receivable, net | $10,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,108 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $198,944 |
| Total assets | $1,759,651 |
| Accounts payable and accrued expenses | $39,154 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $53,832 |
| Total liabilities | $92,986 |
| Net assets without donor restrictions | $972,211 |
| Net assets with donor restrictions | $694,454 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,759,651 |
Grants Awarded
Over the last fiscal year, Renew Wisconsin Inc has awarded $42,250 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALDO LEOPOLD FOUNDATION INC PURPOSE: EV FOR GOOD | $12,250 |
CENTRO HISPANO OF DANE COUNTY PURPOSE: SOLAR FOR GOOD | $10,000 |
COMMUNITY PARTNERS CAMPUS PURPOSE: SOLAR FOR GOOD | $20,000 |