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Nonprofiteer
← FRESH ENERGY

Form 990 for tax year 2024

Filed by FRESH ENERGY.

Totals

Total revenue
$7,134,049
Total expenses
$7,006,749
Contributions and grants received
$7,011,169
Grants paid
$879,093
Program service revenue
$18,784
Investment income
$145,962
Other revenue
-$41,866
Total assets, end of year
$9,395,628
Total liabilities, end of year
$772,086
Net assets or fund balances, end of year
$8,623,542
Program services expenses (Part IX)
$5,530,988
Management and general expenses
$904,865
Fundraising expenses
$570,896
Program service expenses (Part III)
$5,530,988

Program services were 78.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $459,176

  • 1f · All other contributions, gifts and grants

    $6,551,993

  • 1g · Noncash contributions included above

    $1,365,248

  • 2a · Program service revenue: ADVERTISING

    total $18,784 · unrelated business $18,784

  • 3 · Investment income

    total $145,962 · excluded $145,962

  • 8a · Fundraising events: gross income

    $48,535

  • 8a · Fundraising events: contributions included on line 1c

    $459,176

  • 8b · Fundraising events: direct expenses

    $92,254

  • 8c · Net income from fundraising events

    total -$43,719 · excluded -$43,719

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $1,853 · excluded $1,853

  • 11e · Other revenue, total

    $1,853

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $879,093 · program services $879,093

  • 5 · Compensation of officers, directors and key employees

    total $400,049 · program services $174,710 · management and general $130,091 · fundraising $95,248

  • 7 · Other salaries and wages

    total $2,711,363 · program services $2,177,313 · management and general $257,802 · fundraising $276,248

  • 9 · Other employee benefits

    total $519,175 · program services $361,797 · management and general $89,502 · fundraising $67,876

  • 10 · Payroll taxes

    total $226,941 · program services $172,040 · management and general $27,925 · fundraising $26,976

  • 11b · Fees: legal

    total $20,010 · program services $2,085 · management and general $17,925

  • 11c · Fees: accounting

    total $224,274 · program services $4,438 · management and general $219,836

  • 11d · Fees: lobbying

    total $60,830 · program services $60,830

  • 11g · Fees: other

    total $1,347,872 · program services $1,264,946 · management and general $64,330 · fundraising $18,596

  • 13 · Office expenses

    total $19,234 · program services $12,558 · management and general $4,529 · fundraising $2,147

  • 14 · Information technology

    total $78,916 · program services $78,916

  • 16 · Occupancy

    total $118,483 · program services $80,989 · management and general $22,979 · fundraising $14,515

  • 17 · Travel

    total $41,497 · program services $37,765 · management and general $3,699 · fundraising $33

  • 19 · Conferences, conventions and meetings

    total $54,707 · program services $37,658 · management and general $15,620 · fundraising $1,429

  • 22 · Depreciation, depletion and amortization

    total $129,414 · program services $89,296 · management and general $23,294 · fundraising $16,824

  • 23 · Insurance

    total $11,789 · program services $10,072 · management and general $1,047 · fundraising $670

  • 24a · Other expenses: COMMUNICATIONS

    total $76,861 · program services $52,422 · management and general $15,048 · fundraising $9,391

  • 24b · Other expenses: FUNDRAISING

    total $37,055 · fundraising $37,055

  • 24c · Other expenses: DUES, MEMB & SUBSCRIPTI

    total $28,609 · program services $21,326 · management and general $5,579 · fundraising $1,704

  • 24d · Other expenses: MISCELLANEOUS

    total $11,542 · program services $7,308 · management and general $2,975 · fundraising $1,259

  • 24e · All other expenses

    total $9,035 · program services $5,426 · management and general $2,684 · fundraising $925

  • 26 · Joint costs (an allocation of the lines above)

    total $4,291 · program services $3,518 · management and general $314 · fundraising $459

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $692,763 · end of year $1,715,211

  • 2 · Savings and temporary cash investments

    beginning of year $5,395,100 · end of year $2,090,621

  • 3 · Pledges and grants receivable

    beginning of year $2,222,604 · end of year $2,821,961

  • 9 · Prepaid expenses and deferred charges

    beginning of year $93,350 · end of year $110,614

  • 10a · Land, buildings and equipment: cost or other basis

    $830,946

  • 10b · Land, buildings and equipment: accumulated depreciation

    $543,286

  • 10c · Land, buildings and equipment, net

    beginning of year $411,983 · end of year $287,660

  • 11 · Investments: publicly traded securities

    beginning of year $210,122 · end of year $2,262,441

  • 15 · Other assets

    beginning of year $137,889 · end of year $107,120

  • 17 · Accounts payable and accrued expenses

    beginning of year $422,679 · end of year $309,383

  • 18 · Grants payable

    beginning of year $0 · end of year $255,072

  • 25 · Other liabilities

    beginning of year $264,395 · end of year $207,631

  • 27 · Net assets without donor restrictions

    beginning of year $1,704,352 · end of year $2,761,258

  • 28 · Net assets with donor restrictions

    beginning of year $6,772,385 · end of year $5,862,284

Mission and programs · 2024

Mission

SHAPE AND DRIVE BOLD POLICY SOLUTIONS TO ACHIEVE EQUITABLE CARBON-NEUTRAL ECONOMIES.

  • ENERGY TRANSITION - SEE SCHEDULE O.

    Expenses $2,011,208 · Grants $474,020

  • ENERGY NEWS NETWORK - SEE SCHEDULE O.

    Expenses $1,323,750 · Grants $405,073 · Revenue $1,853

  • ACCELERATION FUND - SEE SCHEDULE O.

    Expenses $706,424

  • ENERGY ACCESS AND EQUITY:FRESH ENERGY IS COMMITTED TO ENSURING THAT THE TRANSITION TO CLEAN ENERGY BENEFITS ALL. EQUITY IS A CONSIDERATION IN OUR WORK ACROSS PROGRAMS AND WITHIN OUR INTERNAL OPERATIONS. WE ALSO HAVE A NUMBER OF PROGRAMMATIC INITIATIVES UNDERWAY WITH A SPECIFIC FOCUS ON EQUITY, INCLUDING SERVING AS CO-LEAD OF THE MINNESOTA MULTIFAMILY AFFORDABLE HOUSING ENERGY NETWORK (MMAHEN), WHICH CONNECTS BUILDING OWNERS, RENTERS, HOUSING AND ENERGY ADVOCATES, FINANCING ENTITIES, HEALTH PROFESSIONALS, AND OTHERS TO IMPROVE THE EFFICIENCY OF APARTMENT BUILDINGS AND OTHER MULTIFAMILY HOUSING. IN MULTIPLE STATE AND NATIONAL FORUMS, WE ALSO SHAPE RENEWABLE ENERGY PROGRAM DESIGN, ENERGY EFFICIENCY AND WEATHERIZATION INVESTMENTS, AND OTHER INITIATIVES TO REDUCE THE ENERGY BURDEN ON UNDER-RESOURCED HOUSEHOLDS. ACCESS AND EQUITY ARE ALSO CENTRAL ELEMENTS OF OUR CLEAN TRANSPORTATION WORK TO ELECTRIFY TRANSIT AND SCHOOL BUSES.

    Expenses $345,473

  • CLEAN ELECTRICITY:GENERATING ELECTRICITY WITHOUT CARBON POLLUTION IS A CRUCIAL STEP TOWARD A CARBON-NEUTRAL FUTURE, AND FRESH ENERGY IS WORKING HARD TO LOCK IN A 90% CARBON FREE ELECTRIC SYSTEM BY 2025. THROUGH ACTIVE ENGAGEMENT AT THE MINNESOTA PUBLIC UTILITIES COMMISSION, STATE LEGISLATURE, AND OTHER DECISION-MAKING VENUES, FRESH ENERGY IS WORKING TO END RELIANCE ON FOSSIL FUEL, DRAMATICALLY INCREASE RENEWABLE ELECTRICITY GENERATION, AND MAXIMIZE EFFICIENCY WITH LOAD MANAGEMENT AND OTHER STRATEGIES. AS A RESULT OF OUR EFFORTS, COAL PLANTS ARE CLOSING OR RUNNING LESS OFTEN, UTILITIES ARE MAKING HISTORIC INVESTMENTS IN MORE EFFICIENT SYSTEMS, UTILITY CUSTOMERS HAVE NEW RENEWABLE ELECTRICITY CHOICES, AND WIND, SOLAR, AND BATTERY STORAGE ARE AN INCREASING PART OF MINNESOTA'S ENERGY SYSTEM. BECAUSE A LARGE-SCALE ENERGY TRANSITION WILL REQUIRE A STRONG, MODERN ELECTRIC GRID, FRESH ENERGY IS ALSO WORKING TO SECURE TRANSMISSION FOR INCREASED RENEWABLES ACROSS THE REGION, AND A DISTRIBUTION GRID THAT SUPPORTS CLEAN ENERGY PROJECTS IN OUR COMMUNITIES.

    Expenses $626,101

  • PUBLIC AFFAIRS:AS A POLICY ORGANIZATION, FRESH ENERGY DRIVES CHANGE IN MULTIPLE DECISION-MAKING FORUMS INCLUDING LOCAL GOVERNMENTS, THE MINNESOTA LEGISLATURE AND WITH OUR CONGRESSIONAL DELEGATION. OUR PUBLIC AFFAIRS DEPARTMENT PROVIDES EXPERT LEADERSHIP ON POLICY-MAKER EDUCATION, ADVOCACY, AND COALITION WORK WITH PARTNERS ACROSS THE STATE. IN COLLABORATION WITH OUR COMMUNICATIONS TEAM THE PUBLIC AFFAIRS DEPARTMENT ALSO OPERATES A GROWING ACTION NETWORK THAT EQUIPS THE PUBLIC TO WEIGH IN ON CLIMATE AND ENERGY DECISION MAKING.

    Expenses $518,032

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ellen Palmer

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Eric Pasi

    VICE CHAIR THRU 04/16/24

    Total calculated
    $0
    Hours/week
    1
  • Trent Mostaert

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Jacqueline Johnson

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Kate Wolford

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Erika Bailey Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Laura Bishop

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Robert Blake

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeffrey S Broberg

    BOARD MEMBER THRU 10/15/24

    Total calculated
    $0
    Hours/week
    1
  • Merritt Clapp-Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ted Contag

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bryan Herrmann

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jim Ladner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kevin Lindsey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chris O'Brien

    BOARD MEMBER THRU 10/15/24

    Total calculated
    $0
    Hours/week
    1
  • Jina Penn-Tracy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Raj V Rajan

    BOARD MEMBER THRU 10/15/24

    Total calculated
    $0
    Hours/week
    1
  • Matt Schuerger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tom Strobel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Christina Yagjian

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brenda Cassellius

    EXECUTIVE DIRECTOR (UNTIL JAN 2025)

    Total calculated
    $260,216
    From this org
    $238,121
    From related orgs
    $0
    Other
    $22,095
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $230,798
    Bonus
    $7,323
    Other
    $0
    Deferred
    $17,065
    Nontaxable benefits
    $5,030
    Filer's total
    $260,216
  • Mat Larson Krisetya

    EXECUTIVE LEAD, ORGANIZATIONAL HEALTH

    Total calculated
    $142,465
    From this org
    $122,924
    From related orgs
    $0
    Other
    $19,541
    Hours/week
    40
  • Allen Gleckner

    EXECUTIVE LEAD, POLICY AND PROGRAMS

    Total calculated
    $155,573
    From this org
    $144,327
    From related orgs
    $0
    Other
    $11,246
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,327
    Bonus
    $0
    Other
    $0
    Deferred
    $10,665
    Nontaxable benefits
    $581
    Filer's total
    $155,573
  • Julia Olmstead

    EXECUTIVE LEAD, PHILANTHROPY

    Total calculated
    $159,567
    From this org
    $140,956
    From related orgs
    $0
    Other
    $18,611
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,956
    Bonus
    $0
    Other
    $0
    Deferred
    $10,409
    Nontaxable benefits
    $8,202
    Filer's total
    $159,567
  • Margaret Cherne-Hendrick

    SENIOR LEAD, INNOVATION & IMPACT

    Total calculated
    $147,578
    From this org
    $128,852
    From related orgs
    $0
    Other
    $18,726
    Hours/week
    40
  • Justin Fay

    SENIOR LEAD, PUBLIC AFFAIRS AND ADVOCACY

    Total calculated
    $138,472
    From this org
    $126,226
    From related orgs
    $0
    Other
    $12,246
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
BONUS PAYMENTS WERE DETERMINED BASED ON MEETING ORGANIZATIONAL PERFORMANCE PLAN GOALS AND AT THE DISCRETION OF THE BOARD OF DIRECTORS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
28 October 2025
IRS schema version
2024v5.2
Source object
202513169349301031

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