Michigan Saves

Lansing, MI, US
501(c)3
EIN
27-1388004
Lansing, MI, US
501(c)3
EIN
27-1388004

Overview

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Est.

2009

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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Michigan Saves is a nonprofit organization dedicated to promoting accessible, equitable, and just investments in energy efficiency and clean energy, aiming to support healthy and thriving communities. With an operating budget of $14.8 million and total revenue of $20.6 million for the 2024 filing year, the organization is significantly funded by multiple sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.michigansaves.org.

Mission Statement

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

$20.6M

Expenses

$14.8M

Net Income:
+$5.8M
Assets

$36.1M

Liabilities

$6.8M

Net Assets:
+$29.3M
Operating Budget

$14.8M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

4

Median grant size
$250K
Largest grant received
$325K
C
Conan Smith
Board Member
J
Jason Matley
Board Member
A
Alina Verdiyan
Board Member

Frequently Asked Questions

What is Michigan Saves’s budget?
In 2024, Michigan Saves reported an annual operating budget of around $14.8 million. More detailed financial information is available to registered users.
What causes does Michigan Saves support?
Michigan Saves supports work in Energy resources.
Where does Michigan Saves operate?
Michigan Saves is headquartered in Lansing, MI.
Who funded Michigan Saves recently?
In 2024, Michigan Saves received grants from Builders Initiative Foundation (FKA The Builders Initiative Inc), THE INDIANAPOLIS FOUNDATION INC, and MCKINNEY FAMILY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Michigan Saves received in 2024?
The largest grant to Michigan Saves in 2024 exceeds $325 thousand.
What is Michigan Saves’s reliance on government grants?
Michigan Saves relied on government grants for more than 65% of their total revenue in 2024.
Overview
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