Mississippi River Cities & Towns Initiative
- Assets
- $745.2k
- Revenue
- $501.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Saint Louis, MO
- Founding
- 07/2016
- Data as of
- 12/2022
- EIN
- 47-4153732
Organization Overview
Mississippi River Cities & Towns Initiative is located in Saint Louis, MO. The organization was established in 2016. 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 12/2022, Mississippi River Cities & Towns Initiative employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi River Cities & Towns Initiative 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 12/2022, Mississippi River Cities & Towns Initiative generated $501.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $788.7k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AN INDEPENDENT VOICE FOR THE MISSISSIPPI RIVER DRAMATICALLY INCREASING DEMAND FOR EFFECTIVE RIVER PROTECTION, RESTORATION AND MANAGEMENT BY ADDRESSING WATER QUALITY, RIVER MANAGEMENT CONSERVATION AND SUSTAINABLE ECONOMIES AND CELEBRATE THE RIVERS CULTURE AND HISTORY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAYORS OF THE MISSISSIPPI RIVER CITIES & TOWNS INITIATIVE (MRCTI) CELEBRATED THE HISTORIC PASSAGE OF THE NATIONS FIRST EVER LOWER MISSISSIPPI RIVER ECOLOGICAL RESTORATION PROGRAM. THE LOWER RIVER PROGRAM JOINS A DECADES-OLD UPPER RIVER COUNTERPART TO CREATE ONE APPROACH FOR THE ENTIRE RIVER. FUTHER, IN 2022, MRCTI SECURED THE NATIONS FIRST MULTI-STATE AND MULTI-CITY COORDINATED GRANT AWARD FOR PLASTIC POLLUTION REDUCTION ACROSS ST. LOUIS, MEMPHIS, AND BATON ROUGE. MRCTI CONSIDERS CLEAN WATER, DISASTER RESILIENCE, AND SUSTAINABLE ECONOMIC DEVELOPMENT TOP PRIORITIES BECAUSE MORE THAN 20 MILLION PEOPLE AND 50 CITIES DRINK THE SURFACE WATER OF THE MISSISSIPPI RIVER. THE TOP THREE ECONOMIES ON THE MISSISSIPPI ARE MANUFACTURING, TOURISM, AND AGRICULTURE. NEARLY $1 TRILLION WORTH OF CARGO MOVES ON THE MISSISSIPPI RIVER EVERY YEAR GENERATING NEARLY $500 BILLION IN ANNUAL REVENUE DIRECTLY SUPPORTING OVER 1.3 MILLION JOBS, DEPEND ON ONE VITAL RESOURCE CLEAN FRESH WATER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Eberlin Officer | Officer | 0 | $0 |
Phil Stang Officer | Officer | 0 | $0 |
Mike Bawden Treasurer | Officer | 0 | $0 |
Belinda Constant Officer | Officer | 0 | $0 |
George Flaggs Officer | Officer | 0 | $0 |
Kevin Smith Officer | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $152,500 |
| Fundraising events | $7,065 |
| Related organizations | $55,212 |
| Government grants | $100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $186,416 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $501,193 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $501,193 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $86,407 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $246,547 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,715 |
| Fees for services: Management | $12,938 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,415 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,536 |
| Advertising and promotion | $0 |
| Office expenses | $23,244 |
| Information technology | $4,932 |
| Royalties | $0 |
| Occupancy | $100,000 |
| Travel | $134,989 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88,749 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,908 |
| Total functional expenses | $788,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $443,521 |
| Savings and temporary cash investments | $301,719 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $745,240 |
| Accounts payable and accrued expenses | $12,495 |
| 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 | $0 |
| Total liabilities | $12,495 |
| Net assets without donor restrictions | $732,745 |
| Net assets with donor restrictions | $0 |
| 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 | $745,240 |
Grants Awarded
Over the last fiscal year, Mississippi River Cities & Towns Initiative has awarded $0 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF GRETNA PURPOSE: HURICANE ASSISTANCE | $0 |
CITY OF NEW ORLEANS PURPOSE: HURICANE ASSISTANCE | $0 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Mississippi River Cities & Towns Initiative has recieved totaling $482,580.
| Awarding Organization | Amount |
|---|---|
Mcknight Foundation Minneapolis, MN PURPOSE: TO WORK WITH DECISIONMAKERS IN STATE AND FEDERAL GOVERNMENT AND IN THE CORPORATE SECTOR TO REDUCE NUTRIENT POLLUTION INTO THE MISSISSIPPI RIVER, AND FOR GENERAL OPERATING SUPPORT | $200,000 |
Mcknight Foundation Minneapolis, MN PURPOSE: TO WORK WITH DECISIONMAKERS IN STATE AND FEDERAL GOVERNMENT AND IN THE CORPORATE SECTOR TO REDUCE NUTRIENT POLLUTION INTO THE MISSISSIPPI RIVER, AND FOR GENERAL OPERATING SUPPORT | $200,000 |
Guardians Of The Angeles Charitable Foundation Monterey Park, CA PURPOSE: COVID-19 SUPPORT | $82,580 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ground Water Protection Council Oklahoma City, OK | $9,374,395 | $13,367,464 |
Lifewater Inc Bentonville, AR | $3,826,625 | $8,037,007 |
Association Of Illinois Soil & Water Conservation Districts Springfield, IL | $387,461 | $3,234,520 |
Cumberland River Compact Inc Nashville, TN | $19,056,025 | $3,153,928 |
Turpentine Creek Foundation Inc Eureka Springs, AR | $4,777,127 | $3,809,928 |
Bond Madison Water Company Pocahontas, IL | $13,786,763 | $2,866,600 |
Beaver Lake Association Plattsmouth, NE | $4,439,045 | $2,814,452 |
Ozarks Environmental Services Kimberling City, MO | $1,364,072 | $2,517,937 |
Living Lands & Waters East Moline, IL | $3,683,421 | $2,325,294 |
The Wetlands Initiative Chicago, IL | $10,049,194 | $2,434,760 |
Watershed Conservation Resource Center Fayetteville, AR | $2,004,732 | $1,644,645 |
Friends Of The Lost River Inc Bowling Green, KY | $7,331,872 | $2,984,524 |