Form 990 for tax year 2025

Totals

Total revenue

$2,494,348

Total expenses

$2,979,981

Contributions and grants received

$2,144,457

Grants paid

$52,000

Program service revenue

$241,068

Investment income

$108,823

Other revenue

$0

Total assets, end of year

$3,805,222

Total liabilities, end of year

$131,570

Net assets or fund balances, end of year

$3,673,652

Program services expenses (Part IX)

$1,519,693

Management and general expenses

$1,460,288

Fundraising expenses

$0

Program service expenses (Part III)

$1,519,693

Program services were 51.0% 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.

Mission and programs · 2025

• COMMUNITY SUPPORT: WATER TECHNICAL ASSISTANCE: WATER FINANCE EXCHANGE PROVIDES TECHNICAL ASSISTANCE TO SMALL, RURAL, AND UNDERSERVED COMMUNITIES SEEKING TO IMPROVE DRINKING WATER, WASTEWATER, AND STORMWATER INFRASTRUCTURE. SERVICES INCLUDE PROBLEM IDENTIFICATION, GOVERNANCE AND COMPLIANCE ASSESSMENTS, FINANCIAL AND RATE ANALYSES, CAPITAL IMPROVEMENT PLANNING, PROJECT DEVELOPMENT, FUNDING AND FINANCING APPLICATION SUPPORT, AND SUSTAINABILITY PLANNING. THROUGH THIS PROGRAM, COMMUNITIES RECEIVE THE EXPERTISE AND CAPACITY NEEDED TO IDENTIFY, PRIORITIZE, FINANCE, AND ADVANCE INFRASTRUCTURE SOLUTIONS THAT PROTECT PUBLIC HEALTH, SUPPORT ECONOMIC DEVELOPMENT, AND IMPROVE ENVIRONMENTAL OUTCOMES.

  Expenses $1,358,234 · Grants $14,440 · Revenue $191,068

• COMMUNITY ENGAGEMENT AND WORKSHOPS: WATER FINANCE EXCHANGE CONVENES WORKSHOPS, PROVIDES TRAINING MATERIALS, AND LEADS STAKEHOLDER ENGAGEMENT ACTIVITIES THAT CONNECT COMMUNITIES WITH FUNDING AND REGULATORY AGENCIES, TECHNICAL ASSISTANCE PROVIDERS, AND WATER SECTOR EXPERTS. THESE EVENTS PROVIDE INFORMATION ON INFRASTRUCTURE FUNDING OPPORTUNITIES, REGULATORY REQUIREMENTS, BEST PRACTICES, AND REGIONAL COLLABORATION STRATEGIES. THE PROGRAM BUILDS LOCAL CAPACITY, PROMOTES KNOWLEDGE SHARING, AND HELPS COMMUNITIES DEVELOP SUSTAINABLE APPROACHES TO ADDRESSING WATER AND WASTEWATER INFRASTRUCTURE CHALLENGES.

  Expenses $119,462 · Grants $1,203 · Revenue $50,000

• COMMUNITY FINANCIAL SERVICES: WATER FINANCE EXCHANGE PROVIDES INNOVATIVE FINANCIAL SERVICES THAT HELP COMMUNITIES OVERCOME BARRIERS TO INFRASTRUCTURE INVESTMENT. SERVICES INCLUDE PRE-DEVELOPMENT FUNDING, GRANT ASSISTANCE, BRIDGE FINANCING, FORGIVABLE LOANS, CREDIT ENHANCEMENT SUPPORT, AND OTHER FINANCING TOOLS THAT ENABLE COMMUNITIES TO COMPLETE PLANNING, ENGINEERING, ENVIRONMENTAL REVIEW, AND OTHER ACTIVITIES NECESSARY TO SECURE LARGER SOURCES OF PROJECT FUNDING. THE PROGRAM EXPANDS ACCESS TO AFFORDABLE CAPITAL AND ACCELERATES THE IMPLEMENTATION OF CRITICAL WATER AND WASTEWATER INFRASTRUCTURE IMPROVEMENTS.

  Expenses $41,997 · Grants $36,357

As filed on the 2025 return.

Listed in Part VII

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• UNIVERSITY OF NEW MEXICO SOUTHWEST ENVIRONMENTAL FINANCE CENTER

  $15,000

  SUBGRANT FROM THORNBURG FOUNDATION GRANT - TO ESTABLISH NEW MEXICO WATER AND WASTEWATER INFRASTRUCTURE COORDINATION COMMITTEE AND TRIBAL WORKING GROUP SUPPORT.

• CITY OF PINELAND TX

  $15,000

  COMMUNITY CATALYST FUND GRANT - TO SUPPORT REPLACEMENT OF WATER VALVES AND REDUCE WATER LOSS.

• CITY OF ANNONA TX

  $12,000

  COMMUNITY CATALYST FUND GRANT - TO SUPPORT FINANCIAL AUDIT FOR FISCAL YEAR 2025 NEEDED TO OBTAIN WATER INFRASTRUCTURE FINANCING.

• CHILTON WATER SUPPLY AND SEWER SERVICE

  $10,000

  COMMUNITY CATALYST FUND GRANT - TO SUPPORT GIS/GPS MAPPING SERVICES FOR WASTEWATER INFRASTRUCTURE.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Provenance

Return type

form_990

Tax year

2025

Filed

21 August 2026

IRS schema version

2025v4.2

Source object

202642339349300819

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