Energy Share Of Montana Inc

Organization Overview

Energy Share Of Montana Inc is located in Helena, MT. The organization was established in 1985. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Energy Share Of Montana Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Energy Share Of Montana 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 06/2022, Energy Share Of Montana Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Energy Share Of Montana Inc has awarded 100 individual grants totaling $15,654,035. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MONTANANS HELPING NEIGHBORS FACED WITH ENERGY EMERGENCIES MAINTAINING THEIR SELF-RELIANCE. ENERGY SHARE OF MONTANA PROVIDES ENERGY ASSISTANCE AND HELP FOR MONTANA FAMILIES FOR EMERGENCY HEATING NEEDS THROUGH BILL ASSISTANCE, FURNACE AND HOT WATER SAFETY AND EFFICIENCY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENEGY SHARE OF MONTANA'S PRIMARY FOCUS IS EMERGENCY BILL ASSISTANCE: HELPING MONANANS WHO FACE NO-HEAT SITUATIONS IN THEIR HOMES AND HAVE NO RESOURCES TO PAY THE BILLS THEMSELVES. APPLICATIONS ARE REVIEWED ON AN INDIVIDUAL BASIS, AND APPLICANTS ARE ASKED TO EXPLAIN THEIR CIRCUMSTANCES LEADING TO THEIR NEED FOR ASSISTANCE. IN MOST CASES HOUSEHOLDERS ARE HELPED NOT MORE THAN ONCE EVERY TEN YEARS OR UP TO $900 IN ASSISTANCE. ENERGY SHARE OF MONTANA USES PRIVATE DONATIONS AND UNIVERSAL SYSTEMS BENEFITS (USB) FUNDS TO FUND EMERGENCY BILL ASSISTANCE.


OTHER PROGRAM SERVICES INCLUDE THE REFRIGERATOR REPLACEMENT PROGRAM, FUEL FUND PROGRAM, AND OTHER RELATED EXPENSES.


THE WEATHERIZATION PROGRAM USES DONATIONS FROM INDIVIDUALS AND DONATED USB FUNDS FROM ENERGY WEST AND MONTANA-DAKOTA UTILITIES TO MAXIMIZE ENERGY SAVINGS BY PERFORMING COST-EFFECTIVE WEATHERIZATION MEASURES SUCH AS WORK ON WALLS, OUTSIDE AIR INFILTRATION, WINDOWS, ATTICS, CRAWL SPACES, DOORS, AND HEATING SYSTEM REPAIRS TO MAKE FURNACES MORE EFFICIENT OR ALTOGETHER SAFE. ENERGY AUDITS ARE CONDUCTED TO DETERMINE WHAT MEASURES ARE NEEDED THE MOST. MEASURES THAT MAXIMIZE ENERGY SAVINGS ARE INSTALLED, AND IN NO CASE WILL MEASURES BE INSTALLED THAT HAVE A SAVINGS TO INVESTMENT RATION (SIR) OF LESS THAN 1.0.


THE FURNACE SAFETY PROGRAM USES DONATED USB FUNDS FROM ENERGY WEST AND MONTANA-DAKOTA UTILITIES FOR THER CUSTOMERS WHO HAVE UNSAFE FURNACES OR WATER HEATERS. THE OBJECTIVE IS TO HELP PEOPLE WHO CAN'T AFFORD TO PAY FOR NEEDED WORK ON FURNANCES OR WATER HEATERS. THE APPLIANCES ARE EXAMINED, IF POSSIBLE THEY ARE REPAIRED; OTHERWISE THEY ARE REPLACED WITH A MORE ENERGY-EFFICIENT MODEL.


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Board, Officers & Key Employees

Name (title)Compensation
Rachel Haberman
Executive Director
$132,029
Mark Vinger
President
$0
Roxanne Klingensmith
Vice President
$0
Kim Kucera
Treasurer
$0
Brandy Powers
Secretary
$0
Geraldine Custer
Director
$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$1,019,761
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,019,761
Total Program Service Revenue$1,627,946
Investment income $190,278
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,032
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,862,761

Grants Awarded

Over the last fiscal year, Energy Share Of Montana Inc has awarded $1,139,315 in support to 10 organizations.

Grant RecipientAmount

OPPORTUNITIES INC

Org PageRecipient Profile

Great Falls, MT

PURPOSE: Emergency bill assistance, furnace safety, weatherization

$386,266

DISTRICT VII HRDC

Org PageRecipient Profile

Billings, MT

PURPOSE: Emergency bill, furnace safety

$242,087

ROCKY MOUNTAIN DEVELOPMENT

Org PageRecipient Profile

Helena, MT

PURPOSE: Emergency bill assistance

$122,671

DISTRICT XII HRDC

Org PageRecipient Profile

Butte, MT

PURPOSE: Emergency bill assistance

$108,734

Missoula, MT

PURPOSE: Emergency bill assistance

$91,517

ACTION FOR EASTERN MONTANA

Org PageRecipient Profile

Glendive, MT

PURPOSE: Emergency bill, furnace safety

$59,587
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Energy Share Of Montana Inc has recieved totaling $2,500.

Awarding OrganizationAmount
Andrew And Paulette Laszlo Foundation Inc

Billings, MT

PURPOSE: PHILANTHROPIC PURPOSES

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,771,633
Earnings-$572,492
Admin Expense$21,842
Net Contributions$116,884
Other Expense$17,699
Ending Balance$5,276,484

Peer Organizations

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