Lake Waramaug Task Force Inc
- Assets
- $1.3m
- Revenue
- $407.6k
- Investments
- $892.0k
- Employees
- 5
- Location
- Warren, CT
- Founding
- 07/1982
- Data as of
- 12/2021
- EIN
- 06-1063687
Organization Overview
Lake Waramaug Task Force Inc is located in Warren, CT. The organization was established in 1982. 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 12/2021, Lake Waramaug Task Force Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Waramaug Task Force 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 12/2021, Lake Waramaug Task Force Inc generated $407.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $284.2k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 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
TO RESTORE AND MAINTAIN THE WATER QUALITY AND CLARITY OF LAKE WARAMAUG
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCIENTIFIC STUDY OF LAKE, AND ACTUAL TREATMENT AND MANAGEMENT TO AVOID HARMFUL GROWTHS AND POLLUTION AS WELL AS RESEARCH AND MONITORING TO PROTECT THE LAKE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Hayden Executive Director | OfficerTrustee | 40 | $94,902 |
Kirby Mullen Secretary | OfficerTrustee | 2 | $0 |
Hilary H Criollo Treasurer | OfficerTrustee | 5 | $0 |
Michael Guadagno Chairman | OfficerTrustee | 10 | $0 |
Randy Bernard Vice Chairman | OfficerTrustee | 5 | $0 |
Jamie Better Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $29,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $363,547 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $393,247 |
| Total Program Service Revenue | $0 |
| Investment income | $13,625 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $742 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $407,614 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $94,902 |
| Compensation of current officers, directors, key employees. | $12,337 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,723 |
| Pension plan accruals and contributions | $11,892 |
| Other employee benefits | $10,459 |
| Payroll taxes | $10,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,900 |
| Fees for services: Accounting | $2,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,390 |
| Fees for services: Other | $28,400 |
| Advertising and promotion | $0 |
| Office expenses | $23,059 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,200 |
| Travel | $0 |
| 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 | $15,693 |
| Insurance | $6,460 |
| All other expenses | $0 |
| Total functional expenses | $284,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $240,608 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $175,975 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $892,039 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,308,622 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $287 |
| Total liabilities | $287 |
| Net assets without donor restrictions | $1,182,867 |
| Net assets with donor restrictions | $125,468 |
| 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 | $1,308,622 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Lake Waramaug Task Force Inc has recieved totaling $60,894.
| Awarding Organization | Amount |
|---|---|
Fjc New York, NY PURPOSE: UNRESTRICTED GENERAL SUPPORT | $16,000 |
Connecticut Community Foundation Inc Waterbury, CT PURPOSE: GIVE LOCAL 2021 | $13,644 |
S & L Marx Foundation Inc Wilmington, DE PURPOSE: LAKE WARAMAUG TASK FORCE ANNUAL FUND | $10,000 |
The Kestrel Foundation Florham Park, NJ PURPOSE: GENERAL UNRESTRICTED | $10,000 |
Fairfield Countys Community Foundation Inc Norwalk, CT PURPOSE: FOR GENERAL SUPPORT. | $6,500 |
Jackson E And Evelyn G Spears Foundation Inc New York, NY PURPOSE: GENERAL FUND - FOR ANNUAL EXPENSES | $1,500 |
Endowment Analysis
| Beg. Balance | $130,625 |
| Earnings | -$5,157 |
| Ending Balance | $125,468 |
Peer Organizations
| 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 |