Buzzards Bay Coalition Inc is located in New Bedford, MA. The organization was established in 1988. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 09/2021, Buzzards Bay Coalition Inc employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buzzards Bay Coalition Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Buzzards Bay Coalition Inc generated $10.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $4.4m during the year ending 09/2021. While expenses have increased by 2.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS DEDICATED TO THE PROTECTION, RESTORATION, SUSTAINABLE USE AND ENJOYMENT OF BUZZARDS BAY AND ITS WATERSHED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WATERSHED PROTECTION-ACTIVITIES IN OUR WATERSHED PROTECTION PROGRAM INCLUDE LAND CONSERVATION EFFORTS AIMED AT COLLABORATIONS AND ACCELERATING THE RATE OF PERMANENT LAND PROTECTION IN THE BAY WATERSHED. OUR BAY LANDS REVOLVING FUND HELPS LOCAL LAND CONSERVATION INITIATIVES COMPETE IN THE REAL ESTATE MARKET.
SCIENCE & ADVOCACY-BUZZARDS BAY ADVOCACY PROGRAMS WORK AT THE LOCAL, STATE AND FEDERAL LEVEL TO ENCOURAGE SMART GROWTH, PROTECT IMPORTANT WATERSHED LANDS, REDUCE POLLUTION, PREVENT OILS SPILLS AND IMPROVE SEWAGE TREATMENT.
COMMUNITY EMGAGEMENT/EDUCATION- THE COALITION PROVIDES PROGRAMS TO GIVE ALL BAY RESIDENTS THE OPPORTUNITY TO UNDERSTAND, VALUE AND TAKE A ROLE IN PROTECTING THIS IRREPLACEABLE ASSET, BUZZARDS BAY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Rasmussen President & CEO | OfficerTrustee | 40 | $234,544 |
Brendan Annett VP Watershed Protection | 40 | $165,362 | |
Korrin Petersen Senior Attorney | 40 | $119,935 | |
Michael Huguenin Vice-Chair & Asst. Treasurer | OfficerTrustee | 1 | $0 |
Chris Schade Treasurer | OfficerTrustee | 1 | $0 |
Michael Angelini ESQ Chair | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $277,105 |
Related organizations | $0 |
Government grants | $2,302,861 |
All other contributions, gifts, grants, and similar amounts not included above | $7,842,785 |
Noncash contributions included in lines 1a–1f | $432,546 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,422,751 |
Total Program Service Revenue | $0 |
Investment income | $123,004 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $37,631 |
Net Gain/Loss on Asset Sales | $161,685 |
Net Income from Fundraising Events | $2,154 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,789,245 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $9,267 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $252,434 |
Compensation of current officers, directors, key employees. | $50,487 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,408,978 |
Pension plan accruals and contributions | $85,088 |
Other employee benefits | $124,289 |
Payroll taxes | $143,946 |
Fees for services: Management | $0 |
Fees for services: Legal | $63,360 |
Fees for services: Accounting | $43,000 |
Fees for services: Lobbying | $7,905 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $757,115 |
Advertising and promotion | $0 |
Office expenses | $196,590 |
Information technology | $46,429 |
Royalties | $0 |
Occupancy | $120,984 |
Travel | $18,916 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $20,590 |
Interest | $52,252 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $461,587 |
Insurance | $82,007 |
All other expenses | $3,025 |
Total functional expenses | $4,377,247 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $98,165 |
Savings and temporary cash investments | $1,665,639 |
Pledges and grants receivable | $1,629,867 |
Accounts receivable, net | $360,757 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $94,659 |
Net Land, buildings, and equipment | $12,913,905 |
Investments—publicly traded securities | $8,359,694 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,304,585 |
Total assets | $35,427,271 |
Accounts payable and accrued expenses | $268,599 |
Grants payable | $0 |
Deferred revenue | $423,153 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $150,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $841,752 |
Net assets without donor restrictions | $23,396,104 |
Net assets with donor restrictions | $11,189,415 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $35,427,271 |
Over the last fiscal year, we have identified 4 grants that Buzzards Bay Coalition Inc has recieved totaling $51,650.
Awarding Organization | Amount |
---|---|
The Robertston Foundation Providence, RI PURPOSE: COMMUNITY SUPPORT | $50,000 |
Schaeffer-Phillips Foundation Inc Darien, CT PURPOSE: COMMUNITY | $1,000 |
Marthas Vineyard Bank Charitable Foundation Inc Edgartown, MA PURPOSE: EXEMPT PURPOSE | $500 |
Paul Rizzoli Family Foundation Boston, MA PURPOSE: COMMUNITY | $150 |
Beg. Balance | $4,764,458 |
Earnings | $664,945 |
Net Contributions | $1,720,000 |
Other Expense | $129,450 |
Ending Balance | $7,019,953 |
Organization Name | Assets | Revenue |
---|---|---|
Catskill Watershed Corporation Arkville, NY | $166,890,312 | $18,353,633 |
Scenic Hudson Inc poughkeepsie, NY | $38,136,273 | $14,869,807 |
Safe Water Network New York, NY | $11,807,774 | $8,506,828 |
Buffalo Niagara Waterkeeper Inc Buffalo, NY | $12,074,005 | $5,933,047 |
Riverkeeper Inc Ossining, NY | $3,555,297 | $4,414,432 |
Buzzards Bay Coalition Inc New Bedford, MA | $35,427,271 | $10,789,245 |
Hudson River Foundation For Science And Environmental Research Inc New York, NY | $44,144,233 | $1,711,986 |
Renew Oceans Inc Brooklyn, NY | $0 | $303,111 |
Connecticut River Watershed Council Inc Greenfield, MA | $5,295,847 | $3,497,811 |
Save The Bay Inc Providence, RI | $12,260,804 | $3,337,180 |
Charles River Transportation Management Association Cambridge, MA | $5,311,502 | $3,433,111 |
Resilient Cities Catalyst Inc Brooklyn, NY | $643,141 | $1,468,241 |