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.
Ready to take the next step with Connexus Energy?
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
Among its reported 2024 grants, the largest include The Connexus Energy Foundation ($576,060).
| Recipient | Purpose | Amount |
|---|---|---|
| THE CONNEXUS ENERGY FOUNDATION RAMSEY, MN | GENERAL DONATION | $576,060 |
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 |
Frequently Asked Questions
How large is Connexus Energy?
As of 2024, Connexus Energy holds $493.8M in total assets with $259.0M in annual revenue. It awarded 1 grants totaling $576K in 2024.
Where does Connexus Energy operate?
Connexus Energy has awarded grants in Minnesota.
What size grants does Connexus Energy award?
In 2024, Connexus Energy awarded 1 grants totaling $576K — an average of about $576K per grant, based on its IRS Form 990 filings.
What is Connexus Energy's EIN?
Connexus Energy's EIN (Employer Identification Number) is 41-0128105. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Connexus Energy's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Xcel Energy Foundation
MINNEAPOLIS, MN
Assets
—
Grants
1,820
Total Given
$7.7M
The Minneapolis Foundation
MINNEAPOLIS, MN
Assets
$1.2B
Grants
1,565
Total Given
$121.7M
Saint Paul & Minnesota Foundation
ST PAUL, MN
Assets
$1.6B
Grants
1,445
Total Given
$192.6M
The Richard M Schulze Family Foundation
MINNEAPOLIS, MN
Assets
—
Grants
1,431
Total Given
$47.9M
First Children's Finance
MINNEAPOLIS, MN
Assets
$15.8M
Grants
1,119
Total Given
$14.9M
C K Blandin Foundation
GRAND RAPIDS, MN
Assets
—
Grants
931
Total Given
$15.8M
Otto Bremer Trust
ST PAUL, MN
Assets
—
Grants
883
Total Given
$68.5M
Land O'lakes Foundation
ST PAUL, MN
Assets
—
Grants
868
Total Given
$5.8M
The McKnight Foundation
MINNEAPOLIS, MN
Assets
—
Grants
790
Total Given
$145.9M
Marshall H and Nellie Alworth
DULUTH, MN
Assets
—
Grants
566
Total Given
$1.5M
Catholic Community Foundation
ST PAUL, MN
Assets
$751.7M
Grants
504
Total Given
$43.9M
Communitygiving
ST CLOUD, MN
Assets
$282.6M
Grants
426
Total Given
$16.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Connexus Energy on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Connexus Energy to a real strategy.