Connexus Energy
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$493.8M
-0.5% YoY
Annual Giving
$576K
+28.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$576K
+28.2% YoY
About Connexus Energy
Based on IRS filings
Connexus Energy is a nonprofit organization, based in RAMSEY, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $493.8M in total assets. In 2024, it awarded 1 grants totaling $576K. Net investment income was $2.2M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $493,777,555 | $496,063,364 | $491,977,657 |
| Revenue | $258,953,092 | $260,909,344 | $266,851,245 |
| Expenses | $258,953,092 | $260,909,344 | $266,851,245 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,221,004 | $2,187,068 | $120,562 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRAN BATOR | CHAIR | 25 | $60,510 |
| MARK ETHEN | VICE CHAIR | 14 | $26,683 |
| SHELLY PETERSON | SECRETARY/TREASURER | 10 | $49,423 |
| MIKE THEWS | ASST. SECRETARY/TREASURER | 14 | $49,223 |
| ANGELA RONAYNE | DIRECTOR FROM 04/2024 | 7 | $32,789 |
| KENNETH FIERECK | DIRECTOR UNTIL 04/2024 | 14 | $16,394 |
| GORDON WESTERLIND | DIRECTOR UNTIL 04/2024 | 12 | $10,061 |
| RICHARD BRAASTAD | DIRECTOR | 9 | $49,183 |
| JOSEPH GRUENES | DIRECTOR FROM 04/2024 | 10 | $20,289 |
| SAM VILLELLA | DIRECTOR FROM 04/2024 | 10 | $9,789 |
| GREG RIDDERBUSCH | PRESIDENT/CEO UNTIL 03/2024 | 50 | $518,420 |
| YAN PAUL MARTINEZ | VP/CFO | 50 | $439,202 |
| BRIAN BURANDT | PRESIDENT/CEO | 50 | $407,389 |
| MARK KOPLIN | VP TECHNOLOGY | 45 | $295,622 |
| NICK LOEHLEIN | VP ELECTRIC OPERATIONS | 45 | $291,669 |
| LINDA MAEGI | VP EMPLOYEE SERVICES | 50 | $289,918 |
| ALISON MILES | VP MEMBER SERVICES | 47 | $241,483 |
| SIDNEY JACKSON | PRESIDENT AND CEO 03/2024-06/2024 | 50 | $303,905 |
| MICHAEL RIMOLDE | CREW LEAD | 59 | $220,319 |
| JARED ROLSTAD | LEAD LINEWORKER | 64 | $231,179 |
| TED BOONSTRA | CREW LEAD | 58 | $216,562 |
| SCOTT JOHNSON | CREW LEAD | 62 | $233,198 |
| JARED NEWTON | DIRECTOR, ENGINEERING & SYSTEM OPS | 50 | $216,174 |
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Similar funders by location and focus area
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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