Minnesota Agricultural Water Resources Coalition
- Assets
- $233.9k
- Revenue
- $581.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Eagan, MN
- Founding
- 09/2012
- Data as of
- 12/2022
- EIN
- 45-1676970
Organization Overview
Minnesota Agricultural Water Resources Coalition is located in Eagan, MN. The organization was established in 2012. 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. Minnesota Agricultural Water Resources Coalition 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, Minnesota Agricultural Water Resources Coalition generated $581.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $574.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 8 years. 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
CONDUCT RESEARCH AND EDUCATION PROGRAMS TO HELP AGRICULTURAL ORGANIZATIONS AND FARMERS ADDRESS WATER QUALITY ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE EDUCATIONAL FORUMS FOR FARMERS AND OTHER AGRICULTURALISTS THROUGHOUT THE YEAR. THESE FORUMS INCLUDE 2 MAJOR EVENTS ATTENDED BY 600, AND 25 SMALLER REGIONAL EVENTS ATTENDED BY APPROXIMATELY 500.
WE CONDUCT AN ON-FARM WATER QUALITY MONITORING PROGRAM TO HELP IDENTIFY AGRICULTURAL CONCERNS. TEN FARMS ARE CURRENTLY ENROLLED IN THE PROGRAM. WATER QUALITY DATA IS USED IN EDUCATIONAL PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren Formo Executive Director | Officer | 40 | $117,578 |
Glen Graff Treasurer | OfficerTrustee | 1 | $0 |
Bob Roelofs Secretary | OfficerTrustee | 1 | $0 |
Tim Velde Chairman | OfficerTrustee | 1 | $0 |
Rodney Moe Director | Trustee | 1 | $0 |
Karlen Nelson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Minnesota Farm Bureau Federation | 12/30/15 | $379,979 |
University Of Minnesota | 12/30/15 | $159,128 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $176,560 |
| All other contributions, gifts, grants, and similar amounts not included above | $393,532 |
| Noncash contributions included in lines 1a–1f | $42,988 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $578,592 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $581,092 |
| 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. | $151,313 |
| Compensation of current officers, directors, key employees. | $15,131 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,488 |
| Pension plan accruals and contributions | $21,149 |
| Other employee benefits | $20,645 |
| Payroll taxes | $14,496 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,094 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,754 |
| Advertising and promotion | $0 |
| Office expenses | $2,713 |
| Information technology | $8,475 |
| Royalties | $0 |
| Occupancy | $25,738 |
| Travel | $7,423 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,267 |
| Interest | $4,280 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,529 |
| Insurance | $1,441 |
| All other expenses | $660 |
| Total functional expenses | $574,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,253 |
| Savings and temporary cash investments | $1,010 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $162,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $404 |
| Net Land, buildings, and equipment | $43,692 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $233,859 |
| Accounts payable and accrued expenses | $24,852 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $174,852 |
| Net assets without donor restrictions | -$103,493 |
| Net assets with donor restrictions | $162,500 |
| 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 | $233,859 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trout Unlimited Chanhassen, MN | $885,128 | $2,532,595 |
Lakeshore Farm Management Coop Valders, WI | $1,770,762 | $1,460,336 |
International Water Institute Fargo, ND | $1,362,645 | $1,044,274 |
Fox Lake Conservation League Inc Sherburn, MN | $973,588 | $1,363,279 |
Wild Rivers Conservancy Of The St Croix & Namekagon Osceola, WI | $495,125 | $1,215,590 |
Mississippi Park Connection Saint Paul, MN | $3,749,419 | $985,197 |
Clean Lakes Alliance Inc Madison, WI | $705,548 | $888,055 |
Friends Of The Falls Minneapolis, MN | $6,450,506 | $2,666,964 |
Geneva Lake Conservancy Inc Fontana, WI | $3,243,177 | $1,183,074 |
Nahant Marsh Education Center Davenport, IA | $2,990,592 | $1,370,122 |
Northern Waters Land Trust Walker, MN | $1,079,991 | $814,843 |
Red River Basin Commission Fargo, ND | $574,607 | $550,424 |