Nashua River Watershed Association Inc
- Assets
- $2.3m
- Revenue
- $863.2k
- Investments
- $757.0k
- Employees
- 15
- Location
- Groton, MA
- Founding
- 02/1970
- Data as of
- 06/2022
- EIN
- 23-7055674
Organization Overview
Nashua River Watershed Association Inc is located in Groton, MA. The organization was established in 1970. 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 06/2022, Nashua River Watershed Association Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashua River Watershed Association Inc 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 06/2022, Nashua River Watershed Association Inc generated $863.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $720.8k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RESTORE AND MAINTAIN CLEAN WATER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTORATION AND MAINTENANCE OF CLEAN WATER IN THE NASHUA RIVER WATERSHED - ALL PERSONS LIVING ON THE NASHUA RIVER AND THOSE WHO UTILIZE THE RIVER BENEFIT FROM THE ORGANIZATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Ainsley Campbell Executive Di | OfficerTrustee | 40 | $105,310 |
Ralph Baker Vice Preside | OfficerTrustee | 5 | $0 |
Fredericka Baytos Treasurer | OfficerTrustee | 5 | $0 |
Lucy Wallace President | OfficerTrustee | 5 | $0 |
Cheryl Serpe Secretary | OfficerTrustee | 5 | $0 |
Ladda Kosaketh Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $283,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $483,945 |
| Noncash contributions included in lines 1a–1f | $55,871 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $767,445 |
| Total Program Service Revenue | $20,869 |
| Investment income | $31,528 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$65 |
| Net Income from Fundraising Events | $40,889 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $863,211 |
| 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. | $107,301 |
| Compensation of current officers, directors, key employees. | $25,752 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $358,478 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $51,225 |
| Payroll taxes | $37,268 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $931 |
| Fees for services: Accounting | $10,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $47,503 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,395 |
| Travel | $1,946 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $781 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,422 |
| Insurance | $7,352 |
| All other expenses | $0 |
| Total functional expenses | $720,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,908 |
| Savings and temporary cash investments | $845,585 |
| Pledges and grants receivable | $216,446 |
| Accounts receivable, net | $21,929 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $514 |
| Prepaid expenses and deferred charges | $11,613 |
| Net Land, buildings, and equipment | $170,090 |
| Investments—publicly traded securities | $203,146 |
| Investments—other securities | $757,045 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,282 |
| Total assets | $2,266,558 |
| Accounts payable and accrued expenses | $79,994 |
| Grants payable | $0 |
| Deferred revenue | $452,032 |
| 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 | $27,191 |
| Total liabilities | $559,217 |
| Net assets without donor restrictions | $955,561 |
| Net assets with donor restrictions | $751,780 |
| 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 | $2,266,558 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Nashua River Watershed Association Inc has recieved totaling $149,348.
| Awarding Organization | Amount |
|---|---|
The Rhoads Family Environmental Fund Pittsburgh, PA PURPOSE: GENERAL OPERATING | $75,000 |
Community Foundation Of North Central Massachusetts Inc Fitchburg, MA PURPOSE: ENVIRONMENTAL | $28,570 |
Fields Pond Foundation Inc Waltham, MA PURPOSE: IN SUPPORT OF A FOREST LEGACY GRANT APPLICATION SPANNING MULTIPLE PARCELS ACROSS THE WATERSHEDS | $15,000 |
Greater Lowell Community Foundation Inc Lowell, MA PURPOSE: GENERAL SUPPORT | $10,633 |
Fleetwing Charitable Foundation Tr Wilmington, DE PURPOSE: WATER MONITORING AND DATA LOGGER PROGRAM | $10,000 |
Burnham Foundation Inc Boston, MA PURPOSE: GENERAL FUND | $5,000 |
Endowment Analysis
| Beg. Balance | $878,694 |
| Earnings | -$120,875 |
| Admin Expense | $5,628 |
| Net Contributions | $35,604 |
| Ending Balance | $787,795 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catskill Watershed Corporation Arkville, NY | $166,890,312 | $18,353,633 |
Scenic Hudson Inc poughkeepsie, NY | $38,136,273 | $14,869,807 |
Safe Water Network New York, NY | $11,807,774 | $8,506,828 |
Buffalo Niagara Waterkeeper Inc Buffalo, NY | $12,074,005 | $5,933,047 |
Riverkeeper Inc Ossining, NY | $3,555,297 | $4,414,432 |
Buzzards Bay Coalition Inc New Bedford, MA | $35,427,271 | $10,789,245 |
Hudson River Foundation For Science And Environmental Research Inc New York, NY | $44,144,233 | $1,711,986 |
Renew Oceans Inc Brooklyn, NY | $0 | $303,111 |
Connecticut River Watershed Council Inc Greenfield, MA | $5,295,847 | $3,497,811 |
Save The Bay Inc Providence, RI | $12,260,804 | $3,337,180 |
Charles River Transportation Management Association Cambridge, MA | $5,311,502 | $3,433,111 |
Resilient Cities Catalyst Inc Brooklyn, NY | $643,141 | $1,468,241 |