Gathering Waters Inc
- Assets
- $1.7m
- Revenue
- $1.2m
- Investments
- $106.7k
- Employees
- 10
- Location
- Madison, WI
- Founding
- 01/1995
- Data as of
- 12/2023
- EIN
- 39-1805090
Organization Overview
Gathering Waters Inc is located in Madison, WI. The organization was established in 1995. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2023, Gathering Waters Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gathering Waters 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 12/2023, Gathering Waters Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 10.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP LAND TRUSTS, LANDOWNERS, AND COMMUNITIES PROTECT THE PLACES THAT MAKE WISCONSIN SPECIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND PUBLIC OUTREACH: EDUCATE THE GENERAL PUBLIC, PROFESSIONALS, AND LANDOWNERS ABOUT THE IMPORTANCE OF PRIVATE LAND CONSERVATION AND VOLUNTARY TOOLS AVAILABLE TO SET ASIDE PRIVATE LAND FOR CONSERVATION. GATHERING WATERS MAINTAINS AN INTERACTIVE WEBSITE AND PUBLISHES PAPER AND ELECTRONIC NEWSLETTERS THROUGHOUT THE YEAR. DURING 2023, GATHERING WATERS ORGANIZED A STATEWIDE CONFERENCE FOR LAND TRUSTS AND OTHER CONSERVATION ORGANIZATIONS, ATTENDED BY NEARLY 100 PARTICIPANTS; HELD "LAND TRUST DAYS", TO PROMOTE OPPORTUNITIES FOR NEARLY 2,000 PEOPLE TO PARTICIPATE IN ACTIVITIES ORGANIZED BY WISCONSIN'S LAND TRUSTS ON LAND THAT THEY HAVE PROTECTED; AND HELD AN ANNUAL AWARDS EVENT HONORING SIGNIFICANT CONTRIBUTIONS MADE BY LEADERS IN LAND CONSERVATION.
PROGRAM DEVELOPMENT: PLANNING FOR THE FUTURE OF LAND AND WATER CONSERVATION IN WISCONSIN, THROUGH CONSULTATION WITH LAND TRUSTS AND OTHER CONSERVATION LEADERS AND STRATEGIC PLANNING ACTIVITIES.
TECHNICAL TRAINING AND ASSISTANCE: INCREASED THE CAPACITY OF MORE THAN FORTY WISCONSIN LAND TRUSTS AND CONSERVATION ORGANIZATIONS THROUGH ONE-ON-ONE MENTORSHIP AND TECHNICAL ASSISTANCE, PEER LEARNING, AND WORKSHOPS. GATHERING WATERS WORKS CLOSELY WITH THE LAND TRUST ALLIANCE, A NATIONAL ASSOCIATION OF LAND TRUSTS, TO OFFER TRAINING OPPORTUNITIES AND SUPPORT SERVICES TO WISCONSIN LAND TRUSTS. DURING 2023, GATHERING WATERS CONTINUED TO PROVIDE LEGAL SERVICES DIRECTLY TO WISCONSIN LAND TRUSTS THROUGH THE LAND CONSERVATION LAW PROGRAM.
POLICY AND GOVERNMENT RELATIONS: WORK WITH DECISION MAKERS AT ALL LEVELS OF GOVERNMENT TO PROMOTE STATE, LOCAL, AND FEDERAL POLICIES THAT SUPPORT THE WORK OF LAND TRUSTS AND THE CONSERVATION OF PRIVATE LAND. SPECIFICALLY, GATHERING WATERS ADVOCATES FOR CONTINUATION OF FUNDING FOR THE KNOWLES NELSON STEWARDSHIP PROGRAM, A PROGRAM OF PUBLIC FINANCIAL SUPPORT FOR THE PRESERVATION OF LAND IN WISCONSIN. IN 2023, GATHERING WATERS CONNECTED ELECTED OFFICIALS WITH THEIR LOCAL CONSTITUENTS AND WORKED WITH LAWMAKERS AND THE GOVERNOR TO IMPROVE HOW THE KNOWLES-NELSON STEWARDSHIP PROGRAM FUNCTIONS AND IS ADMINISTERED AND ADVOCATED AGAINST LEGISLATION THAT WOULD HAVE WEAKENED PROTECTIONS FOR PROTECTED LAND IN WISCONSIN. ALSO IN 2023, GATHERING WATERS ADVOCATED FOR THE COMPLETION OF THE 70,000-ACRE PELICAN RIVER FOREST, THE LARGEST CONSERVATION PROJECT IN MODERN WISCONSIN HISTORY.
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 |
|---|---|---|---|
Matt Reetz Chair | OfficerTrustee | 1 | $0 |
Mike Koutnik Vice-Chair | OfficerTrustee | 1 | $16,650 |
Carol Abrahamzon Secretary | OfficerTrustee | 1 | $0 |
Carol Fisher Treasurer | OfficerTrustee | 1 | $0 |
Stephanie Vrabec Director | Trustee | 1 | $0 |
Becky Steinhoff Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $21,202 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,133,728 |
| Noncash contributions included in lines 1a–1f | $12,053 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,154,930 |
| Total Program Service Revenue | $11,965 |
| Investment income | $32,195 |
| 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 | $1,199,090 |
| 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. | $138,026 |
| Compensation of current officers, directors, key employees. | $30,669 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $483,260 |
| Pension plan accruals and contributions | $28,602 |
| Other employee benefits | $56,497 |
| Payroll taxes | $42,602 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,759 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,400 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,232 |
| Advertising and promotion | $87,408 |
| Office expenses | $21,415 |
| Information technology | $495 |
| Royalties | $0 |
| Occupancy | $46,429 |
| Travel | $24,886 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,307 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,093 |
| All other expenses | $3,232 |
| Total functional expenses | $1,114,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,052 |
| Savings and temporary cash investments | $289,329 |
| Pledges and grants receivable | $377,078 |
| 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 | $14,713 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $673,825 |
| Investments—other securities | $106,668 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $211,755 |
| Total assets | $1,713,420 |
| Accounts payable and accrued expenses | $40,820 |
| 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 | $219,521 |
| Total liabilities | $260,341 |
| Net assets without donor restrictions | $864,029 |
| Net assets with donor restrictions | $589,050 |
| 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 | $1,713,420 |