Minnesota Agricultural Water Resources Coalition
- Assets
- $351.9k
- Revenue
- $844.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Eagan, MN
- Founding
- 09/2012
- Data as of
- 12/2023
- EIN
- 45-1676970
Organization Overview
Minnesota Agricultural Water Resources Coalition is located in Eagan, MN. The organization was established in 2012. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Agricultural Water Resources Coalition 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, Minnesota Agricultural Water Resources Coalition generated $844.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $713.7k during the year ending 12/2023. 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
CONDUCT RESEARCH AND EDUCATION PROGRAMS TO HELP AGRICULTURAL ORGANIZATIONS AND FARMERS ADDRESS WATER QUALITY ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE EDUCATIONAL FORUMS FOR FARMERS AND OTHER AGRICULTURALISTS THROUGHOUT THE YEAR. THESE FORUMS INCLUDE 2 MAJOR EVENTS ATTENDED BY 600, AND 25 SMALLER REGIONAL EVENTS ATTENDED BY APPROXIMATELY 500.
WE CONDUCT AN ON-FARM WATER QUALITY MONITORING PROGRAM TO HELP IDENTIFY AGRICULTURAL CONCERNS. TEN FARMS ARE CURRENTLY ENROLLED IN THE PROGRAM. WATER QUALITY DATA IS USED IN EDUCATIONAL PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Velde Chairperson | OfficerTrustee | 1 | $0 |
Glen Graff Treasurer | OfficerTrustee | 1 | $0 |
Bob Roelofs Vice Chairperson | OfficerTrustee | 1 | $0 |
Karlen Nelson Secretary | OfficerTrustee | 1 | $0 |
Rodney Moe Director | Trustee | 1 | $0 |
Warren Formo Executive Director | Officer | 40 | $113,991 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Minnesota Farm Bureau Federation | 12/30/15 | $379,979 |
University Of Minnesota | 12/30/15 | $159,128 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $301,050 |
| All other contributions, gifts, grants, and similar amounts not included above | $462,619 |
| Noncash contributions included in lines 1a–1f | $84,654 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $769,169 |
| Total Program Service Revenue | $75,371 |
| Investment income | $77 |
| 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 | $844,617 |
| 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. | $145,712 |
| Compensation of current officers, directors, key employees. | $14,571 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $191,228 |
| Pension plan accruals and contributions | $21,243 |
| Other employee benefits | $19,097 |
| Payroll taxes | $14,303 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,707 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,936 |
| Advertising and promotion | $0 |
| Office expenses | $6,243 |
| Information technology | $8,250 |
| Royalties | $0 |
| Occupancy | $24,384 |
| Travel | $10,882 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,122 |
| Interest | $3,613 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,940 |
| Insurance | $1,474 |
| All other expenses | $970 |
| Total functional expenses | $713,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,646 |
| Savings and temporary cash investments | $66,087 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $162,500 |
| 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 | $404 |
| Net Land, buildings, and equipment | $84,248 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $351,885 |
| Accounts payable and accrued expenses | $32,308 |
| 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 | $129,613 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $161,921 |
| Net assets without donor restrictions | $27,464 |
| Net assets with donor restrictions | $162,500 |
| 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 | $351,885 |