Farmington River Watershed Association Inc
- Assets
- $2.6m
- Revenue
- $611.0k
- Investments
- $0.0
- Employees
- 8
- Location
- Simsbury, CT
- Founding
- 03/1958
- Data as of
- 06/2024
- EIN
- 06-0741585
Organization Overview
Farmington River Watershed Association Inc is located in Simsbury, CT. The organization was established in 1958. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. As of 06/2024, Farmington River Watershed Association Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farmington River Watershed Association 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 06/2024, Farmington River Watershed Association Inc generated $611.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $539.0k during the year ending 06/2024. While expenses have increased by 4.0% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROTECT AND PRESERVE THE NATURAL RESOURCES OF THE FARMINGTON RIVER WATERSHED AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH THAT ESTABLISHES A COMPREHENSIVE SCIENTIFIC UNDERSTANDING OF WATERSHED FUNCTIONS AND HEALTH. OUR RESEARCH AND MAPPING PROJECTS ASSIST PLANNERS, POLICYMAKERS, WATERSHED RESIDENTS AND RIVER USERS. RESEARCH INCLUDES ONGOING WATER QUALITY MONITORING TO PROVIDE INFORMATION THAT COMPLEMENTS THE WORK OF OTHER AGENCIES. IT ALSO BUILDS UP A LONG-TERM RECORD THAT COULD SHOW HOW THE RIVER RESPONDS TO CHANGES IN THE WATERSHED. RESEARCH ALSO INCLUDES HANDS-ON STEWARDSHIP SUCH AS FISH HABITAT RESTORATION, REDUCTION OF STORM WATER RUNOFF, AND RE-VEGETATING STREAMBANKS WITH NATIVE PLANTS.
EDUCATION OF THE PUBLIC, GOVERNMENT AND BUSINESS COMMUNITIES ABOUT THE IMPORTANCE OF A HEALTHY RIVER SYSTEM AND OUR COLLECTIVE ROLE IN ITS PROTECTION. EDUCATION ACTIVITIES INCLUDE FREE ONLINE LESSON PLANS FOR SCHOOLS, RIVER GUIDES AND NEWSLETTERS, CANOE TRIPS, RIVER CLEANUPS, FIELD TRIPS AND OUTDOOR LESSONS FOR STUDENT GROUPS, COMMUNITY WORKSHOPS ON RESIDENTIAL WATER CONSERVATION, AND PUBLIC PRESENTATIONS ON BEST PRACTICES FOR WATERSHED MANAGEMENT.
ADVOCACY IN SUPPORT OF THE WILD & SCENIC DESIGNATION ON 14 MILES OF THE UPPER FARMINGTON RIVER, INCLUDING FOR SOUND MANAGEMENT OF WATER QUALITY AND QUANTITY, FOR RIVERBANK AND RIPARIAN BUFFER PROTECTION, IN TOWN LAND USE PROCEEDINGS, AND THROUGH PARTICIPATION IN THE FARMINGTON RIVER COORDINATING COMMITTEE. AS PART OF THE LEGISLATION TO PROTECT THIS SEGMENT, THE UPPER FARMINGTON RIVER COORDINATING COMMITTEE WAS CREATED TO COORDINATE THE MANAGEMENT ACTIVITIES OF THE PRIVATE TOWN, STATE, AND FEDERAL GROUPS PROTECTING THIS SEGMENT OF THE RIVER TO ENSURE CONSISTENCY AND INFORMATION SHARING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aimee Petras Executive Dir. | Officer | 40 | $71,500 |
Susan Barney Director | Trustee | 1 | $0 |
David Donaldson Jr Director | Trustee | 1 | $0 |
Michael Feldman Director | Trustee | 1 | $0 |
Chris Whalen Treasurer | OfficerTrustee | 2 | $0 |
Rick Warters Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $76,968 |
| Fundraising events | $22,754 |
| Related organizations | $0 |
| Government grants | $124,781 |
| All other contributions, gifts, grants, and similar amounts not included above | $157,354 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $381,857 |
| Total Program Service Revenue | $183,162 |
| Investment income | $24,112 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,969 |
| Net Income from Fundraising Events | -$3,774 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $629 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $610,967 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,006 |
| 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. | $72,500 |
| Compensation of current officers, directors, key employees. | $11,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $172,241 |
| Pension plan accruals and contributions | $6,538 |
| Other employee benefits | $8,641 |
| Payroll taxes | $20,050 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,294 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,664 |
| Fees for services: Other | $1,540 |
| Advertising and promotion | $0 |
| Office expenses | $15,025 |
| Information technology | $2,113 |
| Royalties | $0 |
| Occupancy | $17,172 |
| Travel | $11,785 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,492 |
| Insurance | $5,992 |
| All other expenses | $0 |
| Total functional expenses | $538,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,829 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $56,441 |
| Accounts receivable, net | $96 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,665 |
| Prepaid expenses and deferred charges | $928 |
| Net Land, buildings, and equipment | $251,649 |
| Investments—publicly traded securities | $2,023,881 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,603,489 |
| Accounts payable and accrued expenses | $17,146 |
| Grants payable | $0 |
| Deferred revenue | $195 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $179,961 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $197,302 |
| Net assets without donor restrictions | $1,617,567 |
| Net assets with donor restrictions | $788,620 |
| 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 | $2,603,489 |