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Nonprofiteer
← FRESHWATER SOCIETY

Form 990 for tax year 2022

Filed by FRESHWATER SOCIETY.

Totals

Total revenue
$2,441,287
Total expenses
$1,580,773
Contributions and grants received
$2,153,227
Grants paid
$244,978
Program service revenue
$43,540
Investment income
$120,184
Other revenue
$124,336
Total assets, end of year
$6,984,281
Total liabilities, end of year
$253,219
Net assets or fund balances, end of year
$6,731,062
Program services expenses (Part IX)
$1,196,990
Management and general expenses
$266,230
Fundraising expenses
$117,553
Program service expenses (Part III)
$1,196,990

Program services were 75.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $32,968

  • 1c · Fundraising events

    $38,431

  • 1e · Government grants (contributions)

    $200

  • 1f · All other contributions, gifts and grants

    $2,081,628

  • 2a · Program service revenue: Water Conservation Edu

    total $43,540 · related or exempt $43,540

  • 3 · Investment income

    total $96,227 · excluded $96,227

  • 7a · Gross sales of assets other than inventory

    securities $504,195

  • 7b · Less cost or other basis and sales expenses

    securities $480,238

  • 7c · Gain or loss

    securities $23,957

  • 7d · Net gain or loss

    total $23,957 · excluded $23,957

  • 8a · Fundraising events: gross income

    $4,625

  • 8a · Fundraising events: contributions included on line 1c

    $38,431

  • 8b · Fundraising events: direct expenses

    $18,368

  • 8c · Net income from fundraising events

    total -$13,743 · excluded -$13,743

  • 10a · Gross sales of inventory

    $231,600

  • 10b · Cost of goods sold

    $93,521

  • 10c · Net income from sales of inventory

    total $138,079 · related or exempt $138,079

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $211,412 · program services $211,412

  • 2 · Grants to domestic individuals

    total $33,566 · program services $33,566

  • 5 · Compensation of officers, directors and key employees

    total $169,606 · program services $142,816 · management and general $23,804 · fundraising $2,986

  • 7 · Other salaries and wages

    total $546,480 · program services $382,730 · management and general $100,981 · fundraising $62,769

  • 8 · Pension plan contributions

    total $14,897 · program services $8,215 · management and general $4,993 · fundraising $1,689

  • 9 · Other employee benefits

    total $22,924 · program services $19,303 · management and general $3,217 · fundraising $404

  • 10 · Payroll taxes

    total $52,921 · program services $38,402 · management and general $9,445 · fundraising $5,074

  • 11c · Fees: accounting

    total $11,950 · management and general $11,950

  • 11f · Fees: investment management

    total $50,241 · management and general $50,241

  • 11g · Fees: other

    total $187,526 · program services $164,451 · management and general $8,997 · fundraising $14,078

  • 12 · Advertising and promotion

    total $2,129 · program services $1,956 · management and general $173

  • 13 · Office expenses

    total $35,580 · program services $29,616 · management and general $2,644 · fundraising $3,320

  • 14 · Information technology

    total $5,758 · program services $2,690 · management and general $2,482 · fundraising $586

  • 16 · Occupancy

    total $101,343 · program services $58,650 · management and general $29,559 · fundraising $13,134

  • 17 · Travel

    total $16,239 · program services $14,778 · management and general $1 · fundraising $1,460

  • 19 · Conferences, conventions and meetings

    total $14,129 · program services $11,278 · management and general $1,215 · fundraising $1,636

  • 22 · Depreciation, depletion and amortization

    total $6,538 · program services $3,796 · management and general $1,916 · fundraising $826

  • 23 · Insurance

    total $19,696 · program services $11,419 · management and general $5,791 · fundraising $2,486

  • 24a · Other expenses: Staff Training

    total $42,540 · program services $42,073 · management and general $219 · fundraising $248

  • 24b · Other expenses: Supplies and Minor Equi

    total $19,759 · program services $8,419 · management and general $6,640 · fundraising $4,700

  • 24c · Other expenses: Miscellaneous

    total $8,592 · program services $6,034 · management and general $1,563 · fundraising $995

  • 24d · Other expenses: Memberships

    total $6,947 · program services $5,386 · management and general $399 · fundraising $1,162

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,891 · end of year $5,294

  • 2 · Savings and temporary cash investments

    beginning of year $209,780 · end of year $221,644

  • 3 · Pledges and grants receivable

    beginning of year $127,340 · end of year $1,259,793

  • 4 · Accounts receivable

    beginning of year $9,015 · end of year $274

  • 8 · Inventories for sale or use

    beginning of year $15,160 · end of year $30,160

  • 9 · Prepaid expenses and deferred charges

    beginning of year $31,463 · end of year $27,392

  • 10a · Land, buildings and equipment: cost or other basis

    $49,587

  • 10b · Land, buildings and equipment: accumulated depreciation

    $31,925

  • 10c · Land, buildings and equipment, net

    beginning of year $18,821 · end of year $17,662

  • 11 · Investments: publicly traded securities

    beginning of year $5,291,932 · end of year $5,246,392

  • 15 · Other assets

    beginning of year $14,300 · end of year $175,670

  • 17 · Accounts payable and accrued expenses

    beginning of year $185,377 · end of year $76,121

  • 19 · Deferred revenue

    beginning of year $17,609

  • 25 · Other liabilities

    beginning of year $0 · end of year $177,098

  • 27 · Net assets without donor restrictions

    beginning of year $5,156,238 · end of year $4,986,338

  • 28 · Net assets with donor restrictions

    beginning of year $362,478 · end of year $1,744,724

Mission and programs · 2022

Mission

Inspiring and empowering people to value and preserve our freshwater resources.

Activities or mission (Part I)

Educating and inspiring people to value, conserve, and protect freshwater resources.

  • Freshwater holds focus groups to inform State Drinking Water Plan:Freshwater worked with the Minnesota Department of Health, University of Minnesota's Water Resources Center, the Humphrey School of Public Affairs, and Clean River Partners to host a series of focus groups centered around drinking water management and governance in Minnesota. Those invited to attend were drinking water professionals from across the state, representing local, tribal, state, and federal governments, along with nonprofit water organizations, water advocacy groups, water utility providers, academics, and private water engineering firms and labs.The information gathered will be used to inform the Minnesota Department of Health's 10-year State Drinking Water Plan, currently under development.Great Lakes Protection Fund awards Freshwater $1.5 Million for water quality project:Freshwater was awarded $1.5 million from the Great Lakes Protection Fund to lead a 5-year effort to improve water quality across the Great Lakes states. The team will use cause marketing to raise funds for permanently converting marginal cropland to perennial vegetation, thereby enhancing carbon storage and curbing runoff.Working with local land trusts and watershed modeling experts, Freshwater will identify landowners in key locations and prioritize croplands that would provide the greatest water quality benefits.Freshwater leads climate resiliency workshops with Rice Creek Watershed District:Freshwater led a two-part climate resiliency workshop in partnership with Rice Creek Watershed District. Community members, partners and staff came together to identify particular locations within the watershed that have the potential to be heavily impacted by the effects of climate change. The information and perspectives gained from these workshops will be used to help Rice Creek Watershed District prioritize improvement projects for the watershed.Historic legislative session concludes with significant progress on water policy:When the Minnesota Legislature adjourned on May 22, the session was applauded by many conservation groups for providing significant investments in a broad range of environmental programs. Freshwater's legislative priorities were successful nearly across the board with progress in the areas of soil health, water storage, drinking water protection and moreMichelle Stockness joins Freshwater as new Executive Director:On May 30, Freshwater welcomed Michelle Stockness as the organization's new Executive Director. With 20 years of leadership experience in water quality and water supply, Michelle was most recently a vice president at Barr Engineering where she guided public and private clients through regulatory and environmental water issues across sectors including drinking water, wastewater and stormwater.As a civil engineer, Michelle has a deep understanding of water systems, and leads cross-sector initiatives including the Minnesota Infrastructure Alliance and the Minnesota Water Workforce pilot. Her role in national professional organizations like the American Water Works Association will also extend Freshwater's reach in community engagement, education, research and policy.Freshwater receives Joyce Foundation grant for Phase 2 of groundwater governance work:Freshwater has begun a second phase of work to build capacity for groundwater governance in the Great Lakes region funded by the Joyce Foundation. The team will be following recommendations summarized in the report, Groundwater Governance, Well Cobbled?, which assessed the technical, legal and structural capacity of the six Great Lakes states and 35 federally recognized tribes in EPA Region 5. The goal of the first phase documented the existing policies and practices affecting groundwater that feeds our lakes, rivers, wetlands and drinking water and serves as a baseline to frame future groundwater policy work.This continued work is intended to provide governing agencies, elected officials and other decision makers with defined strategies on how to equitably and sustainably manage groundwater over the long term.Lake Hiawatha trash boom installed with project partners and local community:Community members and project partners gathered at Lake Hiawatha in south Minneapolis on June 3 to celebrate installation of a new boom system designed to keep trash from entering the lake through a storm drain outfall. This innovative project is a collaboration between Freshwater, River Network, the City of Minneapolis, the Minneapolis Park and Recreation Board, Friends of Lake Hiawatha, and Osprey Initiative.Debris collected in this series of three booms will be sorted, recorded and disposed of properly by a trained maintenance team. The collected debris will help the City of Minneapolis to better understand the extent of the pollution problem, and to enact measures to reduce pollution further upstream. Freshwater supporters gather at Harriet Island Pavillion for Water Connects Us:Freshwater's annual fundraising benefit, Water Connects Us, took place at Harriet Island Wigington Pavilion in Saint Paul. This was Freshwater's first in-person fundraiser since 2019, and we decided to host a free event to make it more inclusive.The program was moderated by Jothsna Harris of Change Narrative with a welcome by new Freshwater Executive Director Michelle Stockness and music by Buffalo Weavers. Tyler Pederson from the Minneapolis Park and Recreation Board spoke about efforts to revitalize Lake Hiawatha, followed by the premiere of a video about Sean Connaughty, a Minneapolis educator and clean water advocateMinnesota Water Stewards program celebrates 10 years:In 2023, Freshwater celebrated a decade of the Minnesota Water Stewards program, which has trained and certified nearly 500 volunteers to be community leaders for clean water. This groundbreaking approach to water conservation empowers participants to implement demonstration projects that both improve water quality and raise awareness in their communities. Many stewards have also taken active roles in advancing clean water policy at the local, city and state level.

    Expenses $1,196,990 · Grants $244,978 · Revenue $181,619

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ryan Godfrey

    Outgoing Chair

    Total calculated
    $0
    Hours/week
    1
  • Dave Leuthe

    Vice Chair

    Total calculated
    $0
    Hours/week
    1
  • Josephine Marcotty

    Chair

    Total calculated
    $0
    Hours/week
    1
  • Wade Campbell

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Aaron Tinjum

    Director

    Total calculated
    $0
    Hours/week
    1
  • Ryan Hurt

    Director

    Total calculated
    $0
    Hours/week
    1
  • Renee Willette

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Corey Lohmiller

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jill Lucas

    Director

    Total calculated
    $0
    Hours/week
    1
  • Risikat Adesaogun

    Director

    Total calculated
    $0
    Hours/week
    1
  • Tyler Johnson

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jeremy Lenz

    Director

    Total calculated
    $0
    Hours/week
    1
  • Laura Pagano

    Director

    Total calculated
    $0
    Hours/week
    1
  • Doug Thomas

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jacques Finlay

    Director

    Total calculated
    $0
    Hours/week
    1
  • John Linc Stine

    Executive Director

    Total calculated
    $147,943
    From this org
    $137,430
    From related orgs
    $0
    Other
    $10,513
    Hours/week
    40
  • Don Davies

    Finance Director

    Total calculated
    $71,945
    From this org
    $64,616
    From related orgs
    $0
    Other
    $7,329
    Hours/week
    20

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
15 January 2024
IRS schema version
2022v5.0
Source object
202420169349303832

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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