Wetlands Institute
- Assets
- $6.2m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 53
- Location
- Stone Harbor, NJ
- Founding
- 12/1969
- Data as of
- 12/2022
- EIN
- 23-7046783
Organization Overview
Wetlands Institute is located in Stone Harbor, NJ. The organization was established in 1969. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2022, Wetlands Institute employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wetlands Institute 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, Wetlands Institute generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE WETLANDS INSTITUTE IS TO PROMOTE APPRECIATION, UNDERSTANDING AND STEWARDSHIP OF WETLAND AND COASTAL ECOSYSTEMS THROUGH PROGRAMS IN RESEARCH, CONSERVATION AND EDUCATION.
Describe the Organization's Program Activity:
TO EDUCATE THE PUBLIC (SCHOOL CHILDREN, COLLEGE STUDENTS & ADULTS) ON THE FUNCTION AND VALUES OF WETLANDS & COASTAL ECOSYSTEMS THROUGHOUT THE STATE OF NEW JERSEY. TO RESEARCH THE ECOSYSTEM FUNCTION AND KEYSTONE AND FLAGSHIP SPECIES RESULTING IN AND UTILIZING COASTAL & WETLANDS ECOSYSTEMS. TO CREATE STEWARDSHIP AND CONSERVATION PROJECTS AND PROGRAMS TO PRESERVE AND PROTECT COASTAL AND WETLAND ECOSYSTEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lenore Tedesco Executive Di | Officer | 40 | $174,088 |
Welsh Amy Trustee | Trustee | 1 | $0 |
Hankowsky Bill Trustee | Trustee | 1 | $0 |
Hays Deborah Chairman | OfficerTrustee | 1 | $0 |
Rothman Donna Trustee | Trustee | 1 | $0 |
Schellenger Henry Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $89,995 |
| Fundraising events | $135,289 |
| Related organizations | $0 |
| Government grants | $52,380 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,103,994 |
| Noncash contributions included in lines 1a–1f | $27,539 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,381,658 |
| Total Program Service Revenue | $481,670 |
| Investment income | $105,258 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$46,492 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $51,075 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,987,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $174,088 |
| Compensation of current officers, directors, key employees. | $17,409 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,030,841 |
| Pension plan accruals and contributions | $25,714 |
| Other employee benefits | $73,104 |
| Payroll taxes | $100,013 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,586 |
| Fees for services: Accounting | $18,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $35,542 |
| Fees for services: Other | $35,157 |
| Advertising and promotion | $9,104 |
| Office expenses | $27,854 |
| Information technology | $19,608 |
| Royalties | $0 |
| Occupancy | $92,135 |
| Travel | $16,509 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,209 |
| Interest | $24,436 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $93,904 |
| Insurance | $55,566 |
| All other expenses | $33,038 |
| Total functional expenses | $1,969,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $213,956 |
| Pledges and grants receivable | $30,477 |
| Accounts receivable, net | $31,300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,423 |
| Prepaid expenses and deferred charges | $19,966 |
| Net Land, buildings, and equipment | $1,451,137 |
| Investments—publicly traded securities | $4,452,465 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,152 |
| Total assets | $6,234,876 |
| Accounts payable and accrued expenses | $48,019 |
| Grants payable | $0 |
| Deferred revenue | $26,437 |
| 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 | $987,310 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,255 |
| Total liabilities | $1,078,021 |
| Net assets without donor restrictions | $2,976,809 |
| Net assets with donor restrictions | $2,180,046 |
| 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 | $6,234,876 |