Waterways Council Inc

Organization Overview

Waterways Council Inc is located in Washington, DC. The organization was established in 2005. 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 12/2023, Waterways Council Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waterways Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2023, Waterways Council Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 1.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ADVOCATE FOR OPTIMAL FEDERAL FUNDING FOR THE PLANNING, CONSTRUCTION, OPERATION AND MAINTENANCE OF THE NATION'S PORTS AND INLAND WATERWAYS, IN A PRIORITIZED WAY, IN ORDER TO REALIZE THE BENEFITS OF WATERBORNE COMMERCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTED A POSITIVE PUBLIC AWARENESS OF THE NATIONAL ECONOMIC, SOCIETAL, AND ENVIRONMENTAL BENEFITS OF A MODERN AND WELL MAINTAINED PORTS AND INLAND NAVIGATION SYSTEM. THE ORGANIZATION'S COMMUNICATION PLAN INCLUDED NEWSPAPER AND MAGAZINE ARTICLES, COMMENTARIES AND OP-EDS, PRESS RELEASES, AND VIDEOS.


HELD AN ANNUAL MEETING TO INFORM AND EDUCATE MEMBERS AND OTHERS REGARDING NEW AND UPCOMING LEGISLATION AFFECTING THE INDUSTRY. APPROXIMATELY 175 MEMBERS AND ORGANIZATION STAFF ATTENDED THE MEETING. THE ANNUAL MEETING INCLUDED PRESENTATIONS ON VARIOUS TOPICS IMPORTANT TO THE INDUSTRY.


PRODUCED PUBLICATIONS TO INFORM MEMBERS OF UPCOMING AND PENDING LEGISLATION AFFECTING THE INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Peter Stephaich
Director
$0
Matt Ricketts
Immediate Past Chairman
$0
Brian Mueller
Director
$0
Rodney Weinzierl
Director
$0
Matt Woodruff
General Counsel
$0
Martin Hettel
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Van Scoyoc Associates
Lobbyist
$242,011
Lincoln Policy Group Llc
Lobbyist
$140,000
Cambridge Systematics Inc
State Waterways Profile Updates
$102,299
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$662,810
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$662,810
Total Program Service Revenue$2,667,390
Investment income $80,665
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,410,990

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