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TO DEVELOP, CONSTRUCT, & OPERATE A DISTRICT HEATING SYSTEM FOR ST. PAUL, MINNESOTA THAT BENEFITS ITS CUSTOMERS, COMMUNITY AND THE ENVIRONMENT.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$67M
Program Spending
88%
of total expenses go to program services
Total Contributions
$6.1M
Total Expenses
▼$57.9M
Total Assets
$175.4M
Total Liabilities
▼$164.8M
Net Assets
$10.6M
Officer Compensation
→$1.5M
Other Salaries
$9.5M
Investment Income
$2.3M
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: SOUNK
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $67M | $6.1M | $57.9M | $175.4M | $10.6M |
| 2022 | $45.6M | $0 | $44.7M | $140.5M | -$15.1M |
| 2021 | $38.6M | $0 | $38M | $134M | -$14.4M |
| 2020 | $37.1M | $0 | $36.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Kenneth Smith | President & CEO | 35.1 | $592.2K | $317.9K | $77.3K | $987.4K |
| Andrew Kasid | Evp/cfo Finance & Accounting | 31.6 | $281K | $273.2K | $71.9K | $626.2K |
| Heidi Conrad | Chair & Officer | 1 | $0 | $15.7K | $0 | $15.7K |
Kenneth Smith
President & CEO
$987.4K
Hrs/Wk
35.1
Compensation
$592.2K
Related Orgs
$317.9K
Other
$77.3K
Andrew Kasid
Evp/cfo Finance & Accounting
$626.2K
Hrs/Wk
31.6
Compensation
$281K
Related Orgs
$273.2K
Other
$71.9K
Heidi Conrad
Chair & Officer
$15.7K
Hrs/Wk
1
Compensation
$0
Related Orgs
$15.7K
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Michael Ahern | Chief Development Officer | 9.2 | $78K | $430.7K | $69.8K | $578.5K |
| Michael Burns | Chief Systems Operations Officer | 12.8 | $114.5K | $383.4K | $79.7K | $577.6K |
| Michael Auger Chief Business | Officer & Coporate Secretary | 26.7 | $224.9K | $259.4K | $68.6K | $552.9K |
| Luke Gaalswyk | President, Ever-green Energy | 11 | $117.3K | $360.3K | $21.1K | $498.7K |
| Pamela Sarne | Vice President, Accounting | 22.7 | $113.4K | $218.1K | $47K | $378.5K |
Michael Ahern
Chief Development Officer
$578.5K
Hrs/Wk
9.2
Compensation
$78K
Related Orgs
$430.7K
Other
$69.8K
Michael Burns
Chief Systems Operations Officer
$577.6K
Hrs/Wk
12.8
Compensation
$114.5K
Related Orgs
$383.4K
Other
$79.7K
Michael Auger Chief Business
Officer & Coporate Secretary
$552.9K
Hrs/Wk
26.7
Compensation
$224.9K
Related Orgs
$259.4K
Other
$68.6K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Beverly Jones Heydinger | Director | 1 | $0 | $0 | $0 | $0 |
| Eric Krause | Director | 1 | $0 | $0 | $0 | $0 |
| Heide Kempf-Schwarze | Director | 1 | $0 | $0 | $0 | $0 |
| Kelly Lange | Director | 1 | $0 | $0 | $0 | $0 |
| Ken Peterson | Director | 1 | $0 | $0 | $0 | $0 |
| Pat Wolf | Director |
Beverly Jones Heydinger
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Eric Krause
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Heide Kempf-Schwarze
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $128.7M |
| -$15.2M |
| 2019 | $38.6M | $0 | $38.1M | $131.7M | -$15.7M |
| 2018 | $38.1M | $0 | $38.6M | $131.8M | -$16.4M |
| 2017 | $36M | $0 | $36.6M | $116.5M | -$16.1M |
| 2016 | $34.5M | $0 | $34.7M | $119.4M | -$15.7M |
| 2015 | $19.5M | $0 | $19.6M | $64.8M | -$7.2M |
| 2014 | $21.1M | $0 | $22.3M | $64.1M | -$7.7M |
| 2013 | $20.5M | $0 | $18.8M | $54M | -$6.3M |
| 2012 | $19.7M | $0 | $17.4M | $55.9M | -$6.7M |
| 2011 | $21.6M | $1.1M | $19.3M | $50.8M | -$8.2M |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| Katherine Verhasselt |
| Chief People & Communication Officer |
| 24.2 |
| $129.4K |
| $174.2K |
| $31.6K |
| $335.2K |
| Stephen Rambeck | Director Of Business Development | 39.1 | $195.9K | $26.2K | $19.6K | $241.7K |
| Christopher Peterson | Director Of Production | 41.3 | $171.7K | $8,931 | $57.1K | $237.7K |
| Nick Oelke | Sr Electrical Engineer | 2.5 | $10K | $162.5K | $56K | $228.4K |
Luke Gaalswyk
President, Ever-green Energy
$498.7K
Hrs/Wk
11
Compensation
$117.3K
Related Orgs
$360.3K
Other
$21.1K
Pamela Sarne
Vice President, Accounting
$378.5K
Hrs/Wk
22.7
Compensation
$113.4K
Related Orgs
$218.1K
Other
$47K
Katherine Verhasselt
Chief People & Communication Officer
$335.2K
Hrs/Wk
24.2
Compensation
$129.4K
Related Orgs
$174.2K
Other
$31.6K
Stephen Rambeck
Director Of Business Development
$241.7K
Hrs/Wk
39.1
Compensation
$195.9K
Related Orgs
$26.2K
Other
$19.6K
Christopher Peterson
Director Of Production
$237.7K
Hrs/Wk
41.3
Compensation
$171.7K
Related Orgs
$8,931
Other
$57.1K
Nick Oelke
Sr Electrical Engineer
$228.4K
Hrs/Wk
2.5
Compensation
$10K
Related Orgs
$162.5K
Other
$56K
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Tony Poole | Director | 1 | $0 | $0 | $0 | $0 |
Kelly Lange
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Ken Peterson
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Pat Wolf
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Tony Poole
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0