2024-11-14T08:13:12-06:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2023-01-01 812294812 CLEAN ENERGY ECONOMY MINNESOTA CLEA 6127439157 4808 10TH AVENUE S MINNEAPOLIS MN 55417 GREGG MAST EXECUTIVE DIRECTOR 6127439157 2024-11-12 1 1 KAREN A GRIES P00078514 6128764500 2024-11-12 2023 2024-10-15 13:58:12Z GREGG MAST 4808 10TH AVENUE S MINNEAPOLIS MN 55417 1063326 0 X WWW.CLEANENERGYECONOMYMN.ORG X 2016 MN TO PROVIDE EDUCATIONAL LEADERSHIP, COLLABORATION, AND POLICY ANALYSIS THAT ACCELERATES CLEAN ENERGY MARKET GROWTH AND SMART ENERGY POLICIES. 11 10 7 11 0 0 667883 1063326 0 0 0 0 0 0 667883 1063326 0 0 0 0 498553 508471 0 0 51493 307488 383738 806041 892209 -138158 171117 58878 247627 6807 60714 52071 186913 X TO PROVIDE EDUCATIONAL LEADERSHIP, COLLABORATION, AND POLICY ANALYSIS THAT ACCELERATES CLEAN ENERGY MARKET GROWTH AND SMART ENERGY POLICIES. 0 0 334850 STATE POLICY ANALYSIS:CLEAN ENERGY ECONOMY MINNESOTA AND ITS MEMBER BUSINESSES PLAYED A CRUCIAL ROLE IN ELEVATING THE BUSINESS CASE IN EDUCATING THE WALZ-FLANAGAN ADMINISTRATION AND POLICYMAKERS ON BOTH SIDES OF THE AISLE IN WHAT RESULTED IN AN UNPRECEDENTED AND HISTORIC 2023 MINNESOTA LEGISLATIVE SESSION FOR CLEAN ENERGY AND CLIMATE POLICY. THE ORGANIZATION'S TOP PRIORITIES WERE ALL PASSED BY THE MINNESOTA LEGISLATURE AND SIGNED INTO LAW BY GOVERNOR WALZ. THESE INCLUDED A NATION-LEADING 100% CLEAN ENERGY BY 2040 LAW, THE CREATION OF A STATE COMPETITIVENESS FUND WITH A TOTAL OF $190 MILLION APPROPRIATED, SIGNIFICANT INVESTMENTS INTO THE WORKFORCE AND INNOVATION INITIATIVES LED BY THE FUNDING OF MINNESOTA ENERGY ALLEY, AND KEY UPDATES TO COMMERCIAL BUILDING CODES AND INVESTMENTS INTO ELECTRIC VEHICLES AND INFRASTRUCTURE WHICH WILL ACCELERATE DECARBONIZATION IN THE TRANSPORTATION AND BUILDINGS SECTOR. NOTABLE INVESTMENTS ALSO INCLUDED A $15 MILLION GRANT FOR A HIGH VOLTAGE TRANSMISSION LINE BETWEEN NORTH DAKOTA AND MINNESOTA, $13 MILLION TOTAL FOR AN ELECTRIC SCHOOL BUS PROGRAM AND $45 MILLION FOR THE MINNESOTA CLIMATE INNOVATION FINANCE AUTHORITY TO FINANCE CLEAN ENERGY PROJECTS. THE ORGANIZATION ALSO PLAYED KEY ROLES TO SECURE FUNDS THROUGH THE GENERAL FUND AND RENEWABLE DEVELOPMENT ACCOUNT THAT WILL INVEST AND FURTHER EXPAND MARKET OPPORTUNITIES FOR ENERGY EFFICIENCY, SOLAR, ENERGY STORAGE, BIOENERGY, MICROGRIDS, AND OTHER DISTRIBUTED ENERGY RESOURCES. IN ADDITION, CEEM ONCE AGAIN LED THE ROLLOUT OF ITS TWO STATEWIDE ANNUAL REPORTS. THE 2023 MINNESOTA ENERGY FACTSHEET AND THE 2023 CLEAN JOBS MIDWEST - MINNESOTA REPORT WERE WELL-RECEIVED BY THE WALZ-FLANAGAN ADMINISTRATION, POLICYMAKERS, MEDIA, AND THE PUBLIC. BOTH REPORTS SHOWCASED HOW PUBLIC POLICIES IN COMBINATION WITH THE INGENUITY OF THE BUSINESS COMMUNITY ARE HELPING TO STRENGTHEN AND DIVERSIFY THE STATE'S ECONOMY WHILE ELEVATING MINNESOTA'S REPUTATION AS A GO-TO PLACE FOR CLEAN ENERGY BUSINESS. THE DATA IN BOTH REPORTS CONTINUE TO BE USED IN DISCUSSIONS WITH DECISIONMAKERS AND THE PUBLIC AS THE STATE MOVES TOWARDS THE GOAL LAID OUT IN MINNESOTA'S CLIMATE ACTION FRAMEWORK OF ACHIEVING CARBON NEUTRALITY ECONOMY-WIDE BY 2050. 133940 STAKEHOLDER CONVENING:IN 2023, THE ORGANIZATION ALONGSIDE ITS MEMBER BUSINESSES HOSTED AND PARTICIPATED IN NUMEROUS EDUCATIONAL EVENTS, BUSINESS AND POLICY DELEGATIONS, AS WELL AS EXPERT ROUNDTABLES AND PROGRAMS INVOLVING POLICYMAKERS AND THE PUBLIC. ALL OF THESE STAKEHOLDER ENGAGEMENTS AND DISCUSSIONS PROVIDED CEEM THE OPPORTUNITY TO HIGHLIGHT THE ECONOMIC IMPACT, INVESTMENTS, AND JOBS THAT THE CLEAN ENERGY INDUSTRY IS DELIVERING THAT IS HELPING GROW AND STRENGTHEN THE STATE'S ECONOMY. THESE ACTIVITIES INCLUDED HOSTING AND FACILITATING A SERIES OF LUNCH AND LEARNS AND DELEGATIONS OF POLICYMAKERS AND OTHER DECISION MAKERS FOCUSED ON MICROGRIDS AND RESILIENCY, THE FUTURE OF CLEAN TRANSPORTATION, ENERGY INNOVATION IN TRIBES AND NATIVE COMMUNITIES, AND THE INTERCONNECTION OF DATA AND DECARBONIZATION. THE ORGANIZATION ALSO PARTICIPATED IN GOVERNOR WALZ' TRADE MISSION TO AUSTRALIA AS WELL AS LED SEVERAL INTERACTIONS WITH INTERNATIONAL BUSINESS AND TRADE DELEGATIONS INCLUDING HOSTING FINLAND'S AMBASSADOR TO THE US IN COOPERATION WITH THE MINNESOTA TRADE OFFICE. CEEM ALSO HOSTED THE 2024 MINNESOTA LEGISLATIVE PREVIEW EVENT ATTENDED BY OVER 100+ PARTICIPANTS IN-PERSON AS WELL AS ANOTHER 100+ ONLINE FEATURING KEY LEGISLATORS ON HOW THE STATE WILL ACHIEVE THE 100% CLEAN ENERGY BY 2040 LAW AND WHAT'S NEXT FOR IMPLEMENTATION OF THE HISTORIC LAWS PASSED IN THE 2023 MINNESOTA LEGISLATIVE SESSION. 200910 PUBLIC EDUCATION:CLEAN ENERGY ECONOMY MINNESOTA FURTHER ELEVATED THE BUSINESS VOICE SHOWCASING TO THE PUBLIC AND POLICYMAKERS TANGIBLE, REAL-WORLD PROGRESS THAT IS HAPPENING IN ALL CORNERS OF THE STATE THAT IS BEING FUELED BY THE INFLATION REDUCTION ACT (IRA) AND OTHER FEDERAL AND STATE POLICIES. THE ORGANIZATION PROVIDED A DIVERSE ARRAY OF COMMUNICATIONS, VIDEOS, LTES, AND OP-ED'S HIGHLIGHTING THE CLEAN ENERGY BUSINESS COMMUNITY, BUSINESS CASE, AND LOCAL ECONOMIC IMPACT AND JOBS SUPPORTED BY THE IRA AND SUITE OF FEDERAL AND STATE POLICIES. CEEM ALSO UNDERTOOK SEVERAL PUBLIC EDUCATIONAL ACTIVITIES REGARDING THE NEED FOR TRANSMISSION CAPACITY EXPANSION IN MISO NORTH ENGAGING AND HELPING TO EDUCATE THE PUBLIC ON THESE CRITICAL INVESTMENTS TO MODERNIZE THE ELECTRICITY GRID TO ENSURE RELIABILITY AND IMPROVE RESILIENCY. TIMELY AND EFFICIENT TRANSMISSION INVESTMENT IS CRITICAL TO MINNESOTA AND THE MIDWEST'S CLEAN ENERGY TRANSITION AS IT WILL UNLOCK THE REGION'S VAST RENEWABLE ENERGY POTENTIAL, PROMOTE MARKET AND BUSINESS EXPANSION, IMPROVE GRID RELIABILITY, AND SUPPORT AMBITIOUS DECARBONIZATION GOALS INCLUDING MINNESOTA'S HISTORIC 100% CLEAN ENERGY BY 2040 LAW PASSED BY THE MINNESOTA LEGISLATURE IN 2023. CEEM ALSO SUCCESSFULLY LED THE DEVELOPMENT AND EXECUTION OF THE 7TH ANNUAL CLEAN ENERGY BUSINESS DAY AT THE CAPITOL. CEEM WORKED WITH GOVERNOR WALZ TO DECLARE MARCH 9, 2023 AS "CLEAN ENERGY BUSINESS DAY" ACROSS MINNESOTA AND THIS IMPORTANT DAY OF EDUCATION INCLUDED OVER 160 BUSINESS LEADERS PARTICIPATING TO SHARE WITH LAWMAKERS THE IMPORTANCE OF STRONG, PREDICTABLE, AND STABLE CLEAN ENERGY POLICIES THAT HELP EXPAND CLEAN, RELIABLE, AND AFFORDABLE ENERGY SOLUTIONS FOR ALL MINNESOTANS. 45956 CLEAN ENERGY ECONOMY MINNESOTA CONTINUED TO SERVE AS FISCAL SPONSOR FOR GRID CATALYST. GRID CATALYST PROVIDES PROGRAMMING AND SUPPORT TO BOLSTER THE ENERGY INNOVATION ECOSYSTEM IN MINNESOTA AND CREATE MORE EQUITABLE PATHWAYS FOR FOUNDERS AND STARTUPS WORKING TO SOLVE NORTHERN CLIMATE CHALLENGES. IN 2023, THE MINNESOTA LEGISLATURE APPROPRIATED $3 MILLION TO THE MINNESOTA ENERGY ALLEY INITIATIVE. CEEM EXECUTED A GRANT CONTRACT WITH THE STATE OF MINNESOTA TO ADMINISTER THE INITIATIVE AND GRID CATALYST IS A SUBCONTRACTOR FOR THE INITIATIVE. TOGETHER, THE ORGANIZATIONS AND ITS PARTNERS, INCLUDING THE MINNESOTA DEPARTMENT OF COMMERCE, WILL UTILIZE THE APPROPRIATION TO ESTABLISH AND SUPPORT THE INITIATIVE, PROVIDE SEED FUNDING FOR BUSINESSES, DEVELOP A TRAINING AND DEVELOPMENT PROGRAM, SUPPORT RECRUITMENT OF ENTREPRENEURS TO MINNESOTA, AND SECURE FUNDING FROM FEDERAL PROGRAMS AND CORPORATE PARTNERS TO ESTABLISH A SELF-SUSTAINING, LONG-TERM REVENUE MODEL. FOR THIS STATE APPROPRIATION, THE GRANT CONTRACT TERM ENDS JUNE 30, 2026 OR UNTIL ALL OBLIGATIONS HAVE BEEN FULFILLED, WHICHEVER OCCURS FIRST. 45956 715656 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X SCHECHTER DOKKEN KANTER 6123325500 100 WASHINGTON AVENUE S STE 1600 MINNEAPOLIS MN 55401 HOLLY LAHD BOARD CHAIR 2.00 X X 0 0 0 DAN O'NEILL TREASURER 2.00 X X 0 0 0 NINA AXELSON DIRECTOR 1.00 X 0 0 0 BRADLEY HEITLAND DIRECTOR 1.00 X 0 0 0 STEVE POLSKI DIRECTOR 1.00 X 0 0 0 MARTIN MORUD DIRECTOR 1.00 X 0 0 0 BECKY WACKER DIRECTOR 1.00 X 0 0 0 JAMIE BORELL DIRECTOR 1.00 X 0 0 0 TARIQ SAMAD DIRECTOR 1.00 X 0 0 0 TENA MONSON DIRECTOR 1.00 X 0 0 0 TUSHAR GANPULE DIRECTOR 1.00 X 0 0 0 GREGG MAST EXECUTIVE DIRECTOR 40.00 X 117464 0 7004 AMELIA CERLING HENNES MANAGING DIRECTOR 40.00 X 103174 0 3095 220638 0 10099 2 0 0 0 0 122942 940384 1063326 1063326 0 0 0 X 117464 95146 15270 7048 330775 267928 43001 19846 14323 11602 1862 859 6582 5331 856 395 39327 31855 5112 2360 1610 1610 10405 10405 253707 208655 31114 13938 10471 8482 1361 628 7598 5701 1475 422 16254 13163 2115 976 14256 11548 1853 855 58611 47475 7619 3517 724 587 94 43 9322 7551 1212 559 SALESFORCE 780 632 101 47 892209 715656 125060 51493 58878 7363 0 237500 0 2764 58878 247627 6807 7508 0 53206 6807 60714 X 137943 52071 48970 52071 186913 58878 247627 X 171117 -36275 X X 0 1 X 1 0 X 513181 660761 664959 667883 1063326 3570110 513181 660761 664959 667883 1063326 3570110 1144696 2425414 0 0 3570110 0.67940 0.68100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 339 339 0 PART II-B, LINE 1: CEEM ORGANIZES CLEAN ENERGY BUSINESS DAY THAT TAKES PLACE AT THE STATE CAPITOL DURING LEGISLATIVE SESSION TO EDUCATE LAWMAKERS ON THE ECONOMIC IMPACT CLEAN ENERGY BUSINESSES HAVE ON THE STATE'S ECONOMY. 0 X 1063326 0 1063326 0 1063326 892209 0 892209 0 892209 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE ORGANIZATION FOR UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SUBMITTED TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. EACH COVERED PERSON ANNUALLY SIGNS A STATEMENT AFFIRMING THAT THEY HAVE RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES OF THE ORGANIZATION IS DISCUSSED AND SET BY THE BOARD OF DIRECTORS ANNUALLY AND WAS UNDERTAKEN IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G PAYROLL FEES: PROGRAM SERVICE EXPENSES 2,824. MANAGEMENT AND GENERAL EXPENSES 453. FUNDRAISING EXPENSES 209. TOTAL EXPENSES 3,486. CONSULTING: PROGRAM SERVICE EXPENSES 156,320. MANAGEMENT AND GENERAL EXPENSES 22,715. FUNDRAISING EXPENSES 10,061. TOTAL EXPENSES 189,096. POLICY ASSOCIATE: PROGRAM SERVICE EXPENSES 49,511. MANAGEMENT AND GENERAL EXPENSES 7,946. FUNDRAISING EXPENSES 3,668. TOTAL EXPENSES 61,125. FORM 990, PART XI, LINE 9: PRIOR PERIOD ADJUSTMENT FOR RESTRICTED NET ASSETS RELEASED FROM RESTRICTION -36,275. FORM 990, PART XII, LINE 2C AS OF CURRENT TAX YEAR, CLEAN ENERGY ECONOMY MINNESOTA CHANGED ITS OVERSIGHT PROCESS FROM PRIOR YEAR AS ITS FINANCIAL STATEMENTS ARE NOW AUDITED BY AN INDEPENDENT ACCOUNTANT.