NonprofitsMichigan Saves Inc

Environment

Michigan Saves Inc

LANSING, MI

Total revenue

$20.6M

Total expenses

$14.8M

Net assets

$29.3M

Grants received

$1.4M

7 grants

EIN

271388004

Tax year

2024

Mission

To promote accessible, equitable, and just investments in energy efficiency and clean energy to support healthy and thriving communities.

Financials

FY 2024

Revenue

Contributions & grants$14.8M
Program service revenue$2.8M
Investment income$3.1M
Other revenue
Total revenue$20.6M

Expenses

Grants paid
Salaries & benefits
Fundraising$28K
Other expenses$14.8M
Total expenses$14.8M
Total assets$36.1M
Net assets$29.3M

People

15 listed

NameRoleCompensation

Paul Schutt

President

Board

2 hrs/wk

Roselyn Tantraphol

Vice President

Board

1 hrs/wk

David Wible

Treasurer

Board

1 hrs/wk

Selma Tucker

Secretary

Board

1 hrs/wk

Karen Gould

Director

Board

1 hrs/wk

Amanda Godward

Director

Board

1 hrs/wk

Michael Larson

Director

Board

1 hrs/wk

Bryan Lewis

Director

Board

1 hrs/wk

Jason Matley

Director

Board

1 hrs/wk

Emily McGraw

Director

Board

1 hrs/wk

Terri Schroeder

Director

Board

1 hrs/wk

Conan Smith

Director

Board

1 hrs/wk

Alina Verdiyan

Director

Board

1 hrs/wk

Chanell Contreras

Former CEO

Board

40 hrs/wk

Sally Talberg effective 2025

President and CEO

Board

0

Independent contractors

Alexandria Home Solutions

Home Improvement

$581K

Detroit Furnace LLC

HVAC

$289K

Dykema Gossett PLLC

Legal

$115K

defi SOLUTIONS

Software

$103K

Web Ascender

Web Design

$101K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$325K
to support a program focused on ensuring the availability of energy efficient home financing for all
2024
$250K
to support the launch of an Indiana Green Bank to access federal, state, and private finance to decarbonize Indiana's economy and to center equity in climate financing and planning
2024
$250K
Indiana Energy Independence Fund
2024
$250K
TO PROMATE ACCESSIBLE, EQUITABLE, AND JUST INVESTMENTS IN ENERGY EFFICIENCY AND CLEAN ENERGY TO SUPPORT HEALTHY AND THRIVING COMMUNITIES
2023
$250K
To support the development of the organizational infrastructure and launch of a new green financing entity in Indiana, the Indiana Energy Independence Fund.
2023
$58K
PARTNERS FOR PLACES
2020
$50K
GENERAL OPERATING SUPPORT
2020

Funded by

$1.4M from 6 funders · 7 grants · 2020–2024

Builders Vision Foundation

$575K · 2 grants · 2023–2024

Mckinney Family Foundation Inc

$250K · 1 grant · 2023

The McKnight Foundation

$250K · 1 grant · 2024

The Indianapolis Foundation Inc

$250K · 1 grant · 2024

The Funders Network Inc

$58K · 1 grant · 2020

Details

EIN271388004
NTEE codeC35
Subsection03
Ruling date2010-10
Formed2009
Employees0
Volunteers13
MICHIGAN SAVES INC — Mission, Financials & Grants Received | Grantivo