Montana Renewable Energy Association
- Assets
- $98.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Helena, MT
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 81-0537306
Organization Overview
Montana Renewable Energy Association is located in Helena, MT. The organization was established in 2002. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montana Renewable Energy Association 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 12/2023, Montana Renewable Energy Association generated $86.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $94.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Van Wert President Board Member | 6 | $0 | |
Susan Bilo Vice President Board Member | 2 | $0 | |
Brian Solan Secretary Board Member | 2 | $0 | |
Patrick Judge Treasurer Board Member | 4 | $0 | |
Christopher Borton Board Member Fair Coordinator | 3 | $6,000 | |
Caroline Bean Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,778 |
| Total Program Service Revenue | $21,293 |
| Membership dues | $0 |
| Investment income | $655 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,726 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,898 |
| Professional fees and other payments to independent contractors | $7,681 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $68 |
| Other expenses | $18,520 |
| Total expenses | $94,167 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,796 |
| Other assets | $0 |
| Total assets | $98,796 |
| Total liabilities | $0 |
| Net assets or fund balances | $98,796 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Center For Appropriate Technology Inc Butte, MT | $4,739,257 | $8,825,656 |
Red Cloud Renewable Pine Ridge, SD | $2,522,256 | $2,776,791 |
Alternative Energy Resources Organization Helena, MT | $333,969 | $422,446 |
Montana Renewable Energy Association Helena, MT | $98,796 | $0 |
Clade Foundation Inc Franklin, ID | $634,807 | $50,220 |
Liberian Energy Network Missoula, MT | $33,045 | $0 |
Higher Power Sports Parkston, SD | $16,001 | $71,474 |
Nwla Foundation Berthold, ND | $198,865 | $0 |
Portneuf Resource Council Inc Pocatello, ID | $55,713 | $722 |
Sage Foundation Inc Fort Yates, ND | $0 | $0 |