Minnesota Waste Wise Foundation
- Assets
- $2.4m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 15
- Location
- St Paul, MN
- Founding
- 08/1996
- Data as of
- 09/2021
- EIN
- 41-1834630
Organization Overview
Minnesota Waste Wise Foundation is located in St Paul, MN. The organization was established in 1996. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, Minnesota Waste Wise Foundation employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Waste Wise Foundation 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 09/2021, Minnesota Waste Wise Foundation generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $1.6m during the year ending 09/2021. While expenses have increased by 10.1% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP BUSINESSES AND ORGANIZATIONS IMPLEMENT MORE SUSTAINABLE BUSINESS PRACTICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCH O FOR ACCOMPLISHMENTS.THE MINNESOTA WASTE WISE FOUNDATION HAS BEEN OPERATING SINCE 1994. OUR ENVIRONMENTAL SUSTAINABILITY CONSULTING SERVICES CONTINUE TO BENEFIT MINNESOTA BUSINESSES AND NONPROFIT COMMUNITIES THROUGHOUT THE STATE, AND OUR SERVICES ARE SOUGHT AFTER BY MORE FUNDING ENTITIES EACH YEAR. COUNTIES CONTRACT WITH MINNESOTA WASTE WISE TO HELP THEM ADVANCE THEIR GOALS TO REDUCE THE COMMERCIAL WASTE GENERATED. ENERGY UTILITIES CONTRACT WITH MINNESOTA WASTE WISE TO HELP THEM ADVANCE COMMERCIAL AND INDUSTRIAL ENERGY REDUCTION PROJECTS. MINNESOTA WASTE WISE CONTINUES TO GROW AND PRODUCE IMPRESSIVE RESULTS. WE'RE PLEASED TO REPORT THE FOLLOWING RESULTS FOR FISCAL YEAR 2020-2021: -5,332 DIRECT SERVICES PROVIDED TO MORE THAN 1,273 BUSINESES IN 140 CITIES THROUGHOUT MINNESOTA, -130 ELECTRIC ENERGY UPGRADES COMPLETED, -$421,498 ESTIMATED YEAR 1 ANNUAL COST SAVINGS DOCUMENTED, -4,840,108 ESTIMATED YEAR 1 ANNUAL KWH ENERGY SAVINGS DOCUMENTED-27 NATURAL GAS ENERGY UPGRADES COMPLETED-10,729 ESTIMATED YEAR 1 ANNUAL DEKATHERMS ENERGY SAVINGS DOCUMENTED-3,542,425 ESTIMATED YEAR 1 POUNDS OF WASTE DIVERTED FROM WASTE STREAM-$108,688 ESTIMATED YEAR 1 COST SAVINGS FOR WASTE DIVERSON WE'RE PLEASED TO REPORT THE FOLLOWING RESULTS FOR FISCAL YEAR 2018-2019: -3,980 DIRECT SERVICES PROVIDED TO MORE THAN 832 BUSINESES IN 143 CITIES THROUGHOUT MINNESOTA, -125 ENERGY UPGRADES COMPLETED, -$191,112 ESTIMATED YEAR 1 ANNUAL COST SAVINGS DOCUMENTED, -2,250,387 ESTIMATED YEAR 1 ANNUAL KWH ENERGY SAVINGS DOCUMENTED, -2,405,637 ESTIMATED YEAR 1 POUNDS OF WASTE DIVERTED FROM WASTE STREAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Pincuspy Chair | OfficerTrustee | 1 | $0 |
Bill Keegan Vice Chair/chair Elect | OfficerTrustee | 0.5 | $0 |
Eric Lillyblad Treasurer | OfficerTrustee | 0.5 | $0 |
Peggy Johnson Secretary | OfficerTrustee | 0.5 | $0 |
Annette Kojetin Vice President, CFO | Officer | 1 | $0 |
Rob Friend Executive Director | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,209,973 |
| Investment income | $19,960 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,815 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,247,790 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $985,130 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $126,351 |
| Payroll taxes | $72,106 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,951 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,716 |
| Advertising and promotion | $0 |
| Office expenses | $23,117 |
| Information technology | $43,419 |
| Royalties | $0 |
| Occupancy | $49,020 |
| Travel | $25,295 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,617 |
| Interest | $420 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,520 |
| Insurance | $15,769 |
| All other expenses | $0 |
| Total functional expenses | $1,633,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $443,383 |
| Savings and temporary cash investments | $1,312,923 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $617,744 |
| 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 | $0 |
| Net Land, buildings, and equipment | $35,252 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,409,302 |
| Accounts payable and accrued expenses | $81,551 |
| 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 | $110,493 |
| Total liabilities | $192,044 |
| Net assets without donor restrictions | $2,217,258 |
| Net assets with donor restrictions | $0 |
| 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 | $2,409,302 |
Grants Awarded
Over the last fiscal year, Minnesota Waste Wise Foundation has awarded $175,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
St Paul, MN PURPOSE: INCREASING ENERGY EFFICIENCY AND WASTE EFFICIENCY PROJECT IMPLEMENTATION. | $125,000 |
St Paul, MN PURPOSE: INCREASING ENERGY EFFICIENCY AND WASTE EFFICIENCY PROJECT IMPLEMENTATION. | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Minnesota Waste Wise Foundation has recieved totaling $56,000.
| Awarding Organization | Amount |
|---|---|
The Recycling Partnership Inc Washington, DC PURPOSE: RECYCLING EDUCATION | $41,000 |
American Beverage Foundation For A Healthy America Washington, DC PURPOSE: GENERAL SUPPORT. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Community Alliances Des Moines, IA | $2,443,302 | $12,133,028 |
Western Home Services Inc Cedar Falls, IA | $36,931,248 | $9,460,886 |
Partners For Community Development Inc Sheboygan, WI | $8,253,882 | $7,968,342 |
Minnesota Home Ownership Center St Paul, MN | $17,549,875 | $3,064,242 |
Land Bank Twin Cities Inc St Anthony, MN | $25,684,992 | $6,229,470 |
Housing Resources Inc Milwaukee, WI | $1,278,452 | $4,218,125 |
Greater Green Bay Habitat For Humanity Green Bay, WI | $9,776,168 | $3,142,134 |
American Indian Community Housing Organization Duluth, MN | $7,296,736 | $3,254,073 |
Successful Living Supportive Housing Program Iowa City, IA | $3,127,012 | $2,854,795 |
World Learner School Of Chaska Chaska, MN | $2,061,201 | $2,337,089 |
Wisconsin Balance Of State Continuum Of Care Inc Eau Claire, WI | $302,883 | $2,354,061 |
Mano A Mano International Partners St Paul, MN | $4,322,951 | $3,022,158 |