Wisconsin Industrial Energy Group Inc

The Wisconsin Industrial Energy Group Inc (WIEG) is a nonprofit organization registered under the 501(c)(6) designation. This classification includes business leagues, chambers of commerce, real estate boards, and other entities created to improve business conditions. WIEG operates as a consumer advocacy trade association, focusing on advocating for affordable and reliable energy in Wisconsin.

Purpose and Activities

The primary mission of WIEG is to advise its members on developments in the energy field, including regulatory and legislative activities that affect their businesses[3][5]. The organization represents 25 key Wisconsin businesses that drive economic growth and development throughout the state[2]. WIEG is committed to fostering a cost-competitive and reliable energy environment, which is crucial for the economic vitality of its member businesses.

Structure and Governance

WIEG's leadership includes Todd Stuart, who serves as the Executive Director, and a board of directors that comprises several notable individuals from the energy sector[1]. The organization's fiscal year ends in June, and it primarily derives its revenue from program services[1].

Financial Overview

• Revenue Sources: The majority of WIEG's revenue comes from program services, which accounted for 100% of its revenue in some years[1]. Occasionally, contributions have played a minor role in its revenue stream[1].
• Expenses: Executive compensation constitutes a significant portion of the organization's expenses, often around 25-35% of total expenses[1].
• Assets and Liabilities: WIEG maintains a balance of total assets and liabilities, with total assets reported to be higher than liabilities[1].

Membership and Impact

By representing key businesses in Wisconsin, WIEG plays a pivotal role in shaping energy policies and advocating for its members' interests. This advocacy work is essential for maintaining a favorable business environment that supports the economic development of the state[2].

Tax Deductibility

Donations to WIEG are not tax-deductible, which is typical for 501(c)(6) organizations[1].