Nonprofit · EIN 41-0128105
CONNEXUS ENERGY
Tax-exempt · RAMSEY, MN 55303
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $258,953,092 | $258,953,092 | $0 | $493,777,555 | $267,895,764 | $225,881,791 |
| December 31, 2023 | 990 | $260,909,344 | $260,909,344 | $0 | $496,063,364 | $273,202,334 | $222,861,030 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $256,273,120
- Investment income
- $2,221,004
- Net rental income
- $350,642
- Net gain from sales of assets
- $338,626
- Other revenue
- $458,968
Expenses
- Grants and similar amounts paid
- $576,060
- Benefits paid to members
- $10,572,183
- Compensation of officers, directors and key employees
- $3,722,051
- Other salaries and wages
- $19,798,157
- Salaries, compensation and benefits (total)
- $30,852,880
- Professional fundraising fees
- $0
- Legal fees
- $198,677
- Accounting fees
- $104,325
- Occupancy
- $718,231
- Travel
- $393,595
- Depreciation
- $15,052,960
Balance sheet and other
- Total assets, start of year
- $496,063,364
- Total assets, end of year
- $493,777,555
- Total liabilities, end of year
- $267,895,764
- Net assets, end of year
- $225,881,791
- Land, buildings and equipment
- $280,243,664
- Gross receipts
- $259,068,416
- Employees
- 261
- Volunteers
- 0
- Year formed
- 1937
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREG RIDDERBUSCH | PRESIDENT/CEO UNTIL 03/2024 Officer | 50 | $518,420 | $39,376 |
| YAN PAUL MARTINEZ | VP/CFO Officer | 50 | $439,202 | $72,849 |
| BRIAN BURANDT | PRESIDENT/CEO Officer | 50 | $407,389 | $71,011 |
| NICK LOEHLEIN | VP ELECTRIC OPERATIONS Officer | 45 | $291,669 | $96,487 |
| LINDA MAEGI | VP EMPLOYEE SERVICES Officer | 50 | $289,918 | $96,920 |
| MARK KOPLIN | VP TECHNOLOGY Officer | 45 | $295,622 | $88,237 |
| SIDNEY JACKSON | PRESIDENT AND CEO 03/2024-06/2024 Officer | 50 | $303,905 | $16,175 |
| ALISON MILES | VP MEMBER SERVICES Officer | 47 | $241,483 | $61,979 |
| SCOTT JOHNSON | CREW LEAD Highest-paid employee | 62 | $233,198 | $65,892 |
| JARED NEWTON | DIRECTOR, ENGINEERING & SYSTEM OPS Highest-paid employee | 50 | $216,174 | $63,515 |
| TED BOONSTRA | CREW LEAD Highest-paid employee | 58 | $216,562 | $62,321 |
| MICHAEL RIMOLDE | CREW LEAD Highest-paid employee | 59 | $220,319 | $57,981 |
| JARED ROLSTAD | LEAD LINEWORKER Highest-paid employee | 64 | $231,179 | $35,662 |
| FRAN BATOR | CHAIR Trustee or director, Officer | 25 | $60,510 | $0 |
| SHELLY PETERSON | SECRETARY/TREASURER Trustee or director, Officer | 10 | $49,423 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MIKE THEWS | ASST. SECRETARY/TREASURER Trustee or director, Officer | 14 | $49,223 | $0 |
| MARK ETHEN | VICE CHAIR Trustee or director, Officer | 14 | $26,683 | $22,500 |
| RICHARD BRAASTAD | DIRECTOR Trustee or director | 9 | $49,183 | $0 |
| ANGELA RONAYNE | DIRECTOR FROM 04/2024 Trustee or director | 7 | $32,789 | $0 |
| JOSEPH GRUENES | DIRECTOR FROM 04/2024 Trustee or director | 10 | $20,289 | $12,500 |
| SAM VILLELLA | DIRECTOR FROM 04/2024 Trustee or director | 10 | $9,789 | $23,000 |
| KENNETH FIERECK | DIRECTOR UNTIL 04/2024 Trustee or director | 14 | $16,394 | $0 |
| GORDON WESTERLIND | DIRECTOR UNTIL 04/2024 Trustee or director | 12 | $10,061 | $6,333 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREG RIDDERBUSCH | PRESIDENT/CEO Officer | 50 | $979,519 | $86,831 |
| YAN PAUL MARTINEZ | VP/CFO Officer | 48 | $344,429 | $71,937 |
| BRIAN BURANDT | VP POWER SUPPLY/BUS. DEVELOPMENT Officer | 50 | $311,133 | $67,165 |
| NICK LOEHLEIN | VP ELECTRIC OPERATIONS Officer | 45 | $272,342 | $89,386 |
| MARK KOPLIN | VP TECHNOLOGY Officer | 45 | $277,150 | $84,077 |
| LINDA MAEGI | VP EMPLOYEE SERVICES Officer | 50 | $253,993 | $63,349 |
| SCOTT JOHNSON | CREW LEAD LINEWORKER Highest-paid employee | 56 | $240,556 | $64,191 |
| MICHAEL KENNING | LEAD LINEWORKER Highest-paid employee | 57 | $221,277 | $54,563 |
| ALISON MILES | VP MEMBER SERVICES Officer | 47 | $215,131 | $57,396 |
| LEON RICHTER | LEAD LINEWORKER Highest-paid employee | 54 | $208,014 | $61,716 |
| JARED ROLSTAD | LEAD LINEWORKER Highest-paid employee | 56 | $211,069 | $32,955 |
| BLAYNE NELSON | LEAD LINEWORKER Highest-paid employee | 52 | $198,395 | $37,616 |
| FRAN BATOR | CHAIR Trustee or director, Officer | 26 | $53,567 | $0 |
| SHELLY PETERSON | SECRETARY/TREASURER Trustee or director, Officer | 20 | $46,751 | $0 |
| MICHAEL CADY | ASST. SECRETARY/TREASURER Trustee or director, Officer | 12 | $46,691 | $0 |
| MARK ETHEN | VICE CHAIR Trustee or director, Officer | 16 | $24,198 | $22,333 |
| KENNETH FIERECK | DIRECTOR Trustee or director | 14 | $46,531 | $0 |
| GORDON WESTERLIND | DIRECTOR Trustee or director | 12 | $27,531 | $19,000 |
| RICHARD BRAASTAD | DIRECTOR Trustee or director | 10 | $46,531 | $0 |
| MIKE THEWS | DIRECTOR FROM 04/23 Trustee or director | 14 | $31,021 | $0 |
| DONALD HOLL | DIRECTOR UNTIL 04/23 Trustee or director | 10 | $5,760 | $9,750 |
Address and contacts
- Address (IRS master file)
- 14601 RAMSEY BLVD NW, RAMSEY, MN 55303-6024
- Principal officer (990 for 2024)
- BRIAN BURANDT, 14601 RAMSEY BOULEVARD, RAMSEY, MN 55303
- Signed the 990
- YAN PAUL MARTINEZ, VICE PRESIDENT/CFO
- Phone
- (763) 323-2600
- Website
- WWW.CONNEXUSENERGY.COM
- Return prepared by
- EIDE BAILLY LLP
Mission
CONNEXUS ENERGY SERVES OUR MEMBERSHIP BY PROVIDING COST COMPETITIVE, RELIABLE ELECTRICITY AND RELATED SERVICES, WITH AN ENVIRONMENTAL COMMITMENT, AFFIRMING THE VALUE OF MEMBER COOPERATIVE OWNERSHIP.
Program accomplishments
- CONNEXUS ENERGY PROVIDED UTILITY SERVICES TO APPROXIMATELY 147,624 MEMBERS IN EIGHT COUNTIES IN THE NORTH SUBURBAN AREA OF MINNEAPOLIS AND ST. PAUL, MN AND MAINTAINED 9,640 MILES OF LINES.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-0128105
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1937
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $493,777,555
- Income (IRS master file)
- $259,068,416
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $258,953,092 | $258,953,092 | $493,777,555 | XML |
| 990 | December 2023 | $260,909,344 | $260,909,344 | $496,063,364 | XML |
| 990 | December 2022 | $266,851,245 | $266,851,245 | $491,977,657 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0128105).
Questions about CONNEXUS ENERGY
- What is the EIN of CONNEXUS ENERGY?
- The employer identification number (EIN) of CONNEXUS ENERGY is 41-0128105.
- Is CONNEXUS ENERGY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1937.
- Are donations to CONNEXUS ENERGY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CONNEXUS ENERGY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CONNEXUS ENERGY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CONNEXUS ENERGY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CONNEXUS ENERGY?
- The 990 for the year ended December 31, 2024 names BRIAN BURANDT.
- Who are the officers and directors of CONNEXUS ENERGY?
- The 990 for the year ended December 31, 2024 lists 23 people; 23 received compensation from the organization, the highest $518,420 (GREG RIDDERBUSCH, PRESIDENT/CEO UNTIL 03/2024).
- How much revenue does CONNEXUS ENERGY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $258,953,092, expenses of $258,953,092 and total assets of $493,777,555 at year end.
Other nonprofits in RAMSEY
- PACT CHARTER SCHOOL EIN 41-1775865 · last filed 990 for 2025
- INTERNATIONAL BROTHERHD - BOILRMKRS IR SHP BLDRS BLCKSMTH FRGRS & HLPR EIN 41-0328943 · last filed 990 for 2025
- PCS BUILDING COMPANY EIN 30-0065147 · last filed 990 for 2025
- BOILERMAKERS LOCAL LODGE 647 EDUCATION TRUST EIN 82-0551067 · last filed 990 for 2025
- CONNEXUS ENERGY FOUNDATION EIN 84-3918068 · last filed 990-PF for 2025
- BEGIN ANEW EIN 35-2645586 · last filed 990 for 2024
- RAMSEY FIREFIGHTERS RELIEF ASSOCIATION EIN 41-1654031 · last filed 990 for 2025
- ELEVATE HOPE HOUSE EIN 81-5282491 · last filed 990 for 2025