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EIN 27-1388004

Michigan Saves

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Lansing
State
Michigan
Year formed
2009
Most recent tax filings
2022-12-01
NTEE code, primary
C35: Energy Resource Conservation and Development
Description
Michigan Saves, a nonprofit green bank, promotes equitable energy efficiency financing and health-focused solutions while supporting lead poisoning prevention for Michiganders.
Total revenues
$5,654,697
2022
Total expenses
$4,014,555
2022
Total assets
$18,460,904
2022
Num. employees
0
2022

Program areas at Michigan Saves

The corporation is organized exclusively for charitable, scientific, literary, and educational purposes within the meaning of section 501(c)3 of the internal revenue code of 1986, as amended (the "code") or comparable subsequent legislation. In furtherance of these purposes, the purpose of the corporation is to create statewide, innovative energy efficiency and distributed renewable energy financing system for the benefit of utility customers in the state of Michigan, and to engage in activities thereto.

Who funds Michigan Saves

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mckinney Family FoundationTo Promate Accessible, Equitable, and Just Investments in Energy Efficiency and Clean Energy To Support Healthy and Thriving Communities$250,000

Personnel at Michigan Saves

NameTitleCompensation
Chanell Scott ContrerasPresident and Chief Executive Officer
Mary TempletonPresident and Chief Executive Officer / Executive Director$0
Todd ParkerVice President
Kait WyckoffDirector of Operations
Lateshia ParkerDirector of Marketing and Communications
...and 11 more key personnel

Financials for Michigan Saves

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,523,425
Program services$2,830,030
Investment income and dividends$310,260
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-9,018
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,654,697

Form 990s for Michigan Saves

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-11-02990View PDF
2020-122021-09-15990View PDF
2019-122021-02-22990View PDF
2018-122019-12-06990View PDF
...and 8 more Form 990s
Data update history
September 11, 2024
Updated personnel
Identified 6 new personnel
September 11, 2024
Used new vendors
Identified 1 new vendor, including
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 7 new personnel
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Environmental organizationsCharities
Issues
Energy conservationEnvironment
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
230 N Washington Sq Suite 300
Lansing, MI 48933
Metro area
Lansing-East Lansing, MI
County
Ingham County, MI
Website URL
michigansaves.org/ 
IRS details
EIN
27-1388004
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C35: Energy Resource Conservation and Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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