Energy Share Of Montana Inc
- Assets
- $13.3m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 3
- Location
- Helena, MT
- Founding
- 09/1985
- Data as of
- 06/2023
- EIN
- 81-0411562
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 06/2023, 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 06/2023, Energy Share Of Montana Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $2.0m during the year ending 06/2023. While expenses have increased by 1.6% per year over the past 8 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 2015, Energy Share Of Montana Inc has awarded 90 individual grants totaling $14,388,849. 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
2023
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
ENERGY 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 HOUSEHOLDS ARE HELPED NOT MORE THAN ONCE EVERY FIVE YEARS OR UP TO $1,400 IN ASSISTANCE. ENERGY SHARE OF MONTANA USES PRIVATE DONATIONS AND UNIVERSAL SYSTEMS BENEFITS (USB) FUNDS TO FUND EMERGENCY BILL ASSISTANCE.
THE FURNACE SAFETY PROGRAM USES DONATED USB FUNDS FROM ENERGY WEST AND MONTANA-DAKOTA UTILITIES FOR THEIR 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.
OTHER PROGRAM SERVICES INCLUDE THE REFIGERATOR REPLACEMENT PROGRAM, FUEL FUND PROGRAM, AND OTHER RELATED EXPENSES.
THE WEATHERIZATION PROGRAM USES DONATIONS FROM INDIVIDUALS AND DONATED UBS 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roxanne Klingensmith President | OfficerTrustee | 0.1 | $0 |
Kim Kucera Vice President | OfficerTrustee | 0.1 | $0 |
Brian Taylor Treasurer | OfficerTrustee | 0.1 | $0 |
Brandy Powers Secretary | OfficerTrustee | 0.1 | $0 |
Geraldine Custer Director | Trustee | 0.1 | $0 |
Greg Jergeson Director | Trustee | 0.1 | $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 | $1,067,326 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,067,326 |
| Total Program Service Revenue | $1,297,463 |
| Investment income | $238,739 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,878 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,608,451 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,728,995 |
| 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. | $135,266 |
| Compensation of current officers, directors, key employees. | $135,266 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,997 |
| Pension plan accruals and contributions | $16,399 |
| Other employee benefits | $0 |
| Payroll taxes | $20,022 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,371 |
| Office expenses | $8,609 |
| Information technology | $4,512 |
| Royalties | $0 |
| Occupancy | $6,300 |
| Travel | $5,455 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,747 |
| All other expenses | $844 |
| Total functional expenses | $2,042,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,174 |
| Savings and temporary cash investments | $4,521,574 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $123,544 |
| 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 | $0 |
| Investments—publicly traded securities | $8,501,582 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,252,874 |
| Accounts payable and accrued expenses | $131,396 |
| 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 | $0 |
| Total liabilities | $131,396 |
| Net assets without donor restrictions | $8,717,491 |
| Net assets with donor restrictions | $4,403,987 |
| 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 | $13,252,874 |
Grants Awarded
Over the last fiscal year, Energy Share Of Montana Inc has awarded $1,728,995 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
DISTRICT VI HRDC PURPOSE: Emergency bill assistance | $55,393 |
COMMUNITY ACTION PARTNERSHIP PURPOSE: Emergency bill assistance | $40,795 |
DISTRICT IV HRDC PURPOSE: Emergency bill assistance | $29,728 |
DISTRICT VII HRDC PURPOSE: Emergency bill, furnace safety, weatherization | $332,241 |
ACTION FOR EASTERN MONTANA PURPOSE: Emergency bill, furnace safety | $69,744 |
DISTRICT IX HRDC PURPOSE: Emergency bill assistance | $61,198 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Energy Share Of Montana Inc Helena, MT | $13,252,874 | $2,608,451 |
Mazaska Owecaso Otipi Financial Inc Pine Ridge, SD | $12,434,120 | $2,359,572 |
Nhs Lending Inc Boise, ID | $5,384,938 | $349,856 |
Northwood Community Inc Ronan, MT | $1,211,304 | $150,640 |
Helena Housing Development Corporation Helena, MT | $839,881 | $118,265 |
Wood River Community Housing Trust Inc Ketchum, ID | $2,309,310 | $253,241 |
Dubbers Cares Missoula, MT | $14,639 | $0 |