Megunticook Watershed Association
- Assets
- $235.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Camden, ME
- Founding
- 12/1972
- Data as of
- 04/2024
- EIN
- 01-0285516
Organization Overview
Megunticook Watershed Association is located in Camden, ME. The organization was established in 1972. 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. Megunticook Watershed Association 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 04/2024, Megunticook Watershed Association generated $158.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $102.1k during the year ending 04/2024. While expenses have increased by 3.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
MONITORING OF WATERSHED FOR WATER QUALITY/SAFETY AND ENFORCEMENT OF BOATING, HUNTING AND ENVIRONMENTAL LAWS IN COOPERATION WITH STATE AND LOCAL LAW ENFORCEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Deorsay Secretary | 5 | $0 | |
Sarah Marriner Vp/treasurer | 5 | $0 | |
Stephen Thomas Director | 1 | $0 | |
Maureen Flanagan Director | 1 | $0 | |
Lesley Devoe Director | 1 | $0 | |
Paul Leeper Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,906 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,185 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $736 |
| Other Revenue | $5,151 |
| Total Revenue | $157,978 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,949 |
| Professional fees and other payments to independent contractors | $665 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $803 |
| Other expenses | $42,703 |
| Total expenses | $102,120 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,224 |
| Other assets | $0 |
| Total assets | $235,428 |
| Total liabilities | $1,562 |
| Net assets or fund balances | $233,866 |