Mississippi River Cities & Towns Initiative
- Assets
- $719.8k
- Revenue
- $802.5k
- Investments
- $0.0
- Employees
- 3
- Location
- St Louis, MO
- Founding
- 07/2016
- Data as of
- 12/2023
- EIN
- 47-4153732
Organization Overview
Mississippi River Cities & Towns Initiative is located in St 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 12/2023, 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 12/2023, Mississippi River Cities & Towns Initiative generated $802.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $852.0k 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
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 (MRCTI) OUR ASSOCIATION OF UNITED STATES MAYORS ALONG THE ENTIRE LENGTH OF THE MISSISSIPPI RIVER IS UNIQUE IN THAT WE PUSH TO IMPROVE OUR WHOLE REGION, IN PART, BY BRINGING RESOURCES HOME TO OUR INDIVIDUAL CITIES. IN 2023 AND 2024, MRCTI AND PARTNERS HAVE SECURED $22 MILLION IN JOBS ACT AND IRA FUNDING BENEFITING 5 CITIES IN 3 STATES. ALSO, IN 2023, MRCTI COMPLETED THE FIRST-EVER SIGNED AGREEMENT BETWEEN THE CITIES OF THE MISSISSIPPI RIVER AND THE THREE FIRST NATIONS OF THE HEADWATERS REGION USHERING-IN A NEW PHASE OF COLLABORATION AND COOPERATION BETWEEN U.S. MAYORS AND NATIVE AMERICAN LEADERS OF MIDDLE AMERICA. MRCTI SIGNED A NEW AGREEMENT OF COLLABORATION AND COMMON PURPOSE WITH THE RIVER CITIES OF THE REPUBLIC OF INDIA. MRCTI MAYORS WORKED TO ELEVATE AND SUPPORT SENATOR JOHN BOOZMAN OF ARKANSAS BECOMING THE NEW CO-CHAIR OF THE MISSISSIPPI RIVER CAUCUS. FINALLY, MRCTI MAYORS UNANIMOUSLY VOTED TO PURSUE IN FORMAL ARRANGEMENT A MISSISSIPPI RIVER COMPACT THAT WILL PROTECT THE FRESH WATER RESOURCES OF THE MISSISSIPPI RIVER FOR GENERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Stang Officer | Trustee | 1 | $0 |
Brad Bark Treasurer | Trustee | 1 | $0 |
Belinda Constant Officer | Trustee | 1 | $0 |
Buz Craft Officer | Trustee | 1 | $0 |
Errick Simmons Officer | Trustee | 1 | $0 |
Cliff Berry Officer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $168,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $304,266 |
| All other contributions, gifts, grants, and similar amounts not included above | $327,705 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $800,471 |
| Total Program Service Revenue | $0 |
| Investment income | $90 |
| 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 | $802,525 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $136,181 |
| 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. | $133,764 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $126,316 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29 |
| Payroll taxes | $21,056 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,312 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,702 |
| Advertising and promotion | $13,538 |
| Office expenses | $24,013 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $152,011 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40,770 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,324 |
| All other expenses | $0 |
| Total functional expenses | $852,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $417,876 |
| Savings and temporary cash investments | $301,909 |
| 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 | $719,785 |
| Accounts payable and accrued expenses | $7,700 |
| 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 | $7,700 |
| Net assets without donor restrictions | $712,085 |
| 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 | $719,785 |
Grants Awarded
Over the last fiscal year, Mississippi River Cities & Towns Initiative has awarded $99,581 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
EARTHDAY 365 PURPOSE: CHARITABLE PURPOSE | $26,748 |
REDBUD FOUNDATION PURPOSE: CHARITABLE PURPOSE | $72,833 |