NonprofitsNew Power Tour Inc

Environment

New Power Tour Inc

HANCOCK, MI

Total revenue

$265K

Total expenses

$369K

Net assets

$94K

Grants received

$322K

5 grants

EIN

203288835

Tax year

2024

Mission

New Power Tour, Inc. mission is to increase the use of renewable, water and energy-efficient technologies and and support sustainable local economic development.

Programs

2 programs

Opened facilities for business micro-incubator. Building upgrades, lighting, etc.

Expenses: $49KGrants: $25K

Utility rebate to WUPPDR for MI HOPE Homeowner energy efficiency repairs, to extend and match funding from the MEDC - $11,800

Grants: $12K

Financials

FY 2024

Revenue

Contributions & grants$32K
Program service revenue$233K
Investment income
Other revenue
Total revenue$265K

Expenses

Grants paid
Salaries & benefits$1K
Fundraising
Other expenses$367K
Total expenses$369K
Total assets$94K
Net assets$94K

People

10 listed

NameRoleCompensation

Andy Roth

Director

Board

$21K

0.01 hrs/wk

Melissa Davis

Managing Director

Board

$15K

50 hrs/wk

Meg Pachmayer

Director

Board

0.01 hrs/wk

Marilyn Swift

Director

Board

0.01 hrs/wk

JR Richardson

Director

Board

0.01 hrs/wk

Valorie Troesch

Director

Board

0.01 hrs/wk

Robert Handler

Treasurer

Board

0.01 hrs/wk

Lynn Artman

Vice President

Board

0.01 hrs/wk

Sarah Green

Director

Board

0.01 hrs/wk

Gretchen Jannsen

President

Board

0.01 hrs/wk

Independent contractors

Roger's Radiant Heating LLC

Installation of energy efficient furnaces, boilers and water heaters for income-qualified residents

$187K

Grants received

Showing 5 of 5

FromAmountPurposeYear
$150K
MI HOPE energy efficiency program
2023
$7K
GENERAL SUPPORT
2023
$70K
MI HOPE energy efficiency program
2022
$5K
General & Unrestricted
2021
$91K
winterization of a historic home, general support
2020

Funded by

$322K from 3 funders · 5 grants · 2020–2023

The Klungness Family Foundation Inc

$225K · 3 grants · 2021–2023

Keweenaw Community Foundation

$91K · 1 grant · 2020

Copper Shores Community

$7K · 1 grant · 2023

Details

EIN203288835
NTEE codeC35
Subsection03
Ruling date2005-12
Formed2006
Employees1
Volunteers5
NEW POWER TOUR INC — Mission, Financials & Grants Received | Grantivo