MIDWEST RENEWABLE ENERGY TRACKING SYSTEM INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
MIDWEST RENEWABLE ENERGY TRACKING SYSTEM INC (EIN 26-3251122)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-04-18
IRS object ID
202221089349301222
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-04-18T10:30:19-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1220 S 6TH STREET SUITE 300AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN263251122EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MIDWEST RENEWABLE ENERGY TRACKINGBusinessNameLine1Txt
Business Name Line2SYSTEM INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMIDWBusinessNameControlTxt
Phone6517893338PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line160 SOUTH 6TH STREET 2800AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBEN GERBERPersonNm
Person TitlePRESIDENT AND CEOPersonTitleTxt
Phone6517893338PhoneNum
Signature2022-04-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBENPersonFirstNm
Person LastGERBERPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDEIRDRE HODGSONPreparerPersonNm
PTINP01484710PTIN
Phone6123764500PhoneNum
Preparation2022-04-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1M-RETSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerBEN GERBERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line160 SOUTH 6TH STREET 2800AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,339,701GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.MRETS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateWILegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee8TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,861,426PYProgramServiceRevenueAmt
CY Program Service Revenue$2,328,029CYProgramServiceRevenueAmt
PY Investment Income$15,228PYInvestmentIncomeAmt
CY Investment Income$11,672CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,876,654PYTotalRevenueAmt
CY Total Revenue$2,339,701CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$845,587PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$786,826CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$848,899PYOtherExpensesAmt
CY Other Expenses$962,768CYOtherExpensesAmt
PY Total Expenses$1,694,486PYTotalExpensesAmt
CY Total Expenses$1,749,594CYTotalExpensesAmt
PY Revenues Less Expenses$182,168PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$590,107CYRevenuesLessExpensesAmt
Total Assets BOY$2,426,480TotalAssetsBOYAmt
Total Assets EOY$3,181,689TotalAssetsEOYAmt
Total Liabilities BOY$193,109TotalLiabilitiesBOYAmt
Total Liabilities EOY$358,211TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,233,371NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,823,478NetAssetsOrFundBalancesEOYAmt
MissionM-RETS VALIDATES THE ENVIRONMENTAL ATTRIBUTES OF ENERGY TO SERVE AS A TRUSTED CENTRALIZED GATEWAY TO ENVIRONMENTAL MARKETS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,366,651ExpenseAmt
Revenue$2,328,029RevenueAmt
DescTHE MIDWEST RENEWABLE ENERGY TRACKING SYSTEM (M-RETS) IS A NON-PROFIT 501 C (4) ORGANIZATION HEADQUARTERED IN MINNEAPOLIS, MINNESOTA. M-RETS IS A WEB-BASED SYSTEM USED BY POWER GENERATORS, UTILITIES, MARKETERS, AND QUALIFIED REPORTING ENTITIES. M-RETS REGISTERS PROJECTS IN ALL STATES AND PROVINCES ACROSS NORTH AMERICA. M-RETS TRACKS RENEWABLE ENERGY CERTIFICATES (RECS) AND RENEWABLE THERMAL CERTIFICATES (RTCS) AND FACILITATES REC AND RTC TRANSACTIONS BY ISSUING A UNIQUE, TRACEABLE DIGITAL CERTIFICATE FOR EVERY MEGAWATT-HOUR (MWH) OF RENEWABLE ENERGY GENERATED BY REGISTERED UNITS OR IMPORTED INTO ITS SYSTEM. M-RETS USERS RETIRE RECS AND RTCS TO COMPLY WITH STATE POLICY OR TO SERVE THE VOLUNTARY MARKET AND TO ENSURE THAT RECS ARE NOT DOUBLE-COUNTED.Desc
Total Program Service Expenses$1,366,651TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee8EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BEN GERBERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6517893338PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line160 SOUTH 6TH STREET 2800AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
BEN GERBER
PRESIDENT AND CEO40.00Yes (X)$201,983$0$13,162
TANYA GAJEWSKA
CHIEF ADMINSTRATIVE OFFICE40.00$136,222$0$9,444Yes (X)
ROSANNE HOYEM
TECHNICAL PROGRAM MANAGER40.00$120,517$0$8,249Yes (X)
ERIC SCHROEDER
CHAIR1.00Yes (X)$0$0$0Yes (X)
SHERIAN KRAUSE
TREASURER1.00Yes (X)$0$0$0Yes (X)
KEN NELSON
SECRETARY1.00Yes (X)$0$0$0Yes (X)
ANDREW KELL
DIRECTOR1.00$0$0$0Yes (X)
ANDY KELLEN
DIRECTOR1.00$0$0$0Yes (X)
JIM JONES
DIRECTOR1.00$0$0$0Yes (X)
KEN SMITH
DIRECTOR1.00$0$0$0Yes (X)
LEANNE SHEWCHUK
DIRECTOR1.00$0$0$0Yes (X)
RENEE COLBERT
DIRECTOR1.00$0$0$0Yes (X)
SUPRIA RANADE
VICE CHAIR1.00Yes (X)$0$0$0Yes (X)
TEODY LEANO
DIRECTOR1.00$0$0$0Yes (X)
TYLER MEULEMANS
DIRECTOR1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$458,722TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$30,855TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TARMAC LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line13325 W 32ND STREETAddressLine1Txt
CitySHOREVIEWCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55416ZIPCd
FieldValueIRS element (for citing)
ServicesSOFTWARE DEVELOPMENTServicesDesc
Compensation$751,208CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RETIREMENT FEES525100$1,016,931$1,016,931
ISSUANCE FEES525100$814,206$814,206
SUBSCRIPTION FEES525100$453,065$453,065
OTHER FEES525100$43,827$43,827
FieldValueIRS element (for citing)
Total Program Service Revenue$2,328,029TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,672TotalRevenueColumnAmt
Exclusion$11,672ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,339,701TotalRevenueColumnAmt
Related Or Exempt Func Income$2,328,029RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$11,672ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$489,577TotalAmt
Program Services$343,911ProgramServicesAmt
Management And General$145,666ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$226,753TotalAmt
Program Services$219,975ProgramServicesAmt
Management And General$6,778ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$13,765TotalAmt
Program Services$13,765ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$56,731TotalAmt
Program Services$45,640ProgramServicesAmt
Management And General$11,091ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$25,833TotalAmt
Program Services$21,866ProgramServicesAmt
Management And General$3,967ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,197TotalAmt
Management And General$12,197ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$712,841TotalAmt
Program Services$626,418ProgramServicesAmt
Management And General$86,423ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$37,040TotalAmt
Program Services$10,205ProgramServicesAmt
Management And General$26,835ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$47,571TotalAmt
Management And General$47,571ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,710TotalAmt
Program Services$4,183ProgramServicesAmt
Management And General$3,527ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$65,980TotalAmt
Program Services$65,980ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$29,722TotalAmt
Management And General$29,722ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOTHER EXPENSESDesc
Total$23,874TotalAmt
Program Services$14,708ProgramServicesAmt
Management And General$9,166ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,749,594TotalAmt
Program Services$1,366,651ProgramServicesAmt
Management And General$382,943ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$120,143BOYAmt
EOY$24,708EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,083,391BOYAmt
EOY$2,420,053EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$110,978BOYAmt
EOY$193,780EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$11,967BOYAmt
EOY$29,737EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$732,593LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$219,182LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$100,001BOYAmt
EOY$513,411EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,426,480BOYAmt
EOY$3,181,689EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$193,109BOYAmt
EOY$358,211EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$193,109BOYAmt
EOY$358,211EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,233,371BOYAmt
EOY$2,823,478EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,233,371BOYAmt
EOY$2,823,478EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,426,480BOYAmt
EOY$3,181,689EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$590,107ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,202OtherCostOrOtherBasisAmt
Depreciation$3,202DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$729,391OtherCostOrOtherBasisAmt
Depreciation$215,980DepreciationAmt
Book Value$513,411BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$513,411TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,339,701TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,339,701RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,339,701TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,749,594TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,749,594ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,749,594TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationM-RETS IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(4) AND APPLICABLE MINNESOTA AND WISCONSIN STATUTES, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME THAT IS NOT RELATED TO ITS TAX EXEMPT PURPOSE. MANAGEMENT BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionCANADARegionTxt
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConductedTxt
Specific Services ProvidedTRACKS RENEWABLE ENERGY GENERATION LOCATED IN THIS REGION.SpecificServicesProvidedTxt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$0SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$0TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III ACCOUNTING METHOD:FormAndLineReferenceDesc

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonBEN GERBERPersonNm
TitlePRESIDENT AND CEOTitleTxt
Base Compensation Filing Org$201,983BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$12,746DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$416NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$215,145TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1ATHE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR CONVENING THE LEADERSHIP OF THE BOARD TO DEAL WITH MATTERS THAT MAY NOT BE ABLE TO WAIT UNTIL THE FULL BOARD OF DIRECTORS MEETS AND TO ADDRESS OTHER MATTERS REFERRED TO THE COMMITTEE BY THE FULL BOARD. THE VOTING MEMBERS OF THE COMMITTEE ARE THE OFFICERS, INCLUDING THE PRESIDENT, VICE-PRESIDENT, TREASURER, SECRETARY, AND UP TO ONE AT-LARGE MEMBER. THE PRESIDENT AND CHIEF EXECUTIVE OFFICER IS A NON-VOTING EX-OFFICIO MEMBER.
FORM 990, PART VI, SECTION B, LINE 11BM-RETS BOARD OF DIRECTORS AND MANAGEMENT REVIEWS THE 990 PRIOR TO FILING IT WITH THE IRS. A REVIEW CONSISTS OF PROVIDING DRAFTS TO DIRECTORS AND MANAGEMENT FOR REVIEW AND INPUT AS WELL AS PRESENTATION AND DISCUSSION OF THE 990 AT THE APRIL BOARD OF DIRECTORS MEETING PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CAS STIPULATED IN THE APPROVED ANNUAL BOARD MEETING CALENDAR, THE CONFLICT OF INTEREST FORMS WILL BE SIGNED EVERY YEAR AT THE ANNUAL MEETING. ALL DIRECTORS AND STAFF SIGNED A CONFLICT OF INTEREST POLICY FOR THE 2021 FY. NEW DIRECTORS JOINING THE BOARD WERE ASKED TO SIGN THE CONFLICT OF INTEREST POLICY UPON BEING APPOINTED TO THE BOARD. MANAGEMENT RETAINS SIGNED DOCUMENTS ON FILE. THE BOARD MAINTAINS A FIDUCIARY DUTIES, ROLES AND EXPECTATIONS DOCUMENT FOR BOARD MEMBERS THAT STATES BOARD MEMBERS SHALL "ASCERTAIN THAT APPROPRIATE POLICIES HAVE BEEN ESTABLISHED TO DEFINE AND IDENTIFY CONFLICT OF INTEREST THROUGHOUT THE ORGANIZATION AND ENFORCE THOSE POLICIES." ALL REPRESENTATIVES OF THE M-RETS ARE COVERED BY THE POLICY. ANY TIME DECISIONS INVOLVE MATTERS IN WHICH A REPRESENTATIVE OR THEIR FAMILY IS INVOLVED, THE CHAIR OF THE BOARD IS NOTIFIED. ANY REPRESENTATIVE WITH A CONFLICT REFRAINS FROM VOTING OR USING PERSONAL INFLUENCE AT MEETINGS INVOLVING CONFLICTING MATTERS. CONFLICTS OF INTEREST ARE DETERMINED BY UNINTERESTED MEMBERS. ALL PERTINENT INFORMATION IN THE POSSESSION OF A CONFLICTED PARTY IS MADE AVAILABLE TO THE CHAIR OF THE BOARD AND DISCLOSED. PROCEEDINGS RESULTING FROM CONFLICT OF INTEREST DISCLOSURES ARE DOCUMENTED IN THE MEETING MINUTES OR AS OTHERWISE APPROPRIATE.
FORM 990, PART VI, SECTION B, LINE 15ATHE EXECUTIVE COMMITTEE REVIEWS AND ESTABLISHES THE COMPENSATION FOR THE CHIEF EXECUTIVE. SALARY COMPARISON TOOLS AND RESOURCES ARE USED TO CONSIDER COMPETITIVE BUT MARKET COMPENSATION. THE CHIEF EXECUTIVE DETERMINES THE COMPENSATION OF ALL OTHER EMPLOYEES AND ALSO USES SALARY COMPARISON TOOLS AND RESOURCES IN THE DELIBERATION. IN 2021 SALARY.COM COMP ANALYSIS TOOL WAS PURCHASED FOR COMPARISON OF SALARIES BASED ON SIMILAR MARKET INCLUDING SIZE OF ORGANIZATION IN STAFF AND INCOME AS WELL AS THE TYPE OF INDUSTRY. STAFF COMPENSATION IS APPROVED BY THE PRESIDENT AND CEO AND THEN THE BOARD OF DIRECTORS AS A PART OF THE BUDGET APPROVAL EACH YEAR.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS INCLUDING THE CONFLICT OF INTEREST POLICY IS ON THE WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GSYSTEM ADMINISTRATION: PROGRAM SERVICE EXPENSES 524,647. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 524,647. CONSULTING FEES: PROGRAM SERVICE EXPENSES 64,172. MANAGEMENT AND GENERAL EXPENSES 78,892. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 143,064. OTHER FEES: PROGRAM SERVICE EXPENSES 37,599. MANAGEMENT AND GENERAL EXPENSES 7,531. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,130.
FORM 990, PART XII, LINE 2C:THERE HAS BEEN NO CHANGE IN THE COMMITTEE'S PROCESS FOR REVIEWING THE ORGANIZATION'S FINANCIAL STATEMENTS.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.