Trout Unlimited
- Assets
- $885.1k
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Chanhassen, MN
- Founding
- 03/1972
- Data as of
- 03/2022
- EIN
- 52-1766036
Organization Overview
Trout Unlimited is located in Chanhassen, MN. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Trout Unlimited 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 03/2022, Trout Unlimited generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 62.5% each year . All expenses for the organization totaled $2.4m during the year ending 03/2022. While expenses have increased by 61.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE AND WORK TO PROTECT, CONSERVE, AND RESTORE MINNESOTA'S COLDWATER RIVERS AND LAKES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MNTU UNDERTAKES NUMEROUS HABITAT PROJECTS WHICH DIRECTLY RESTORE, ENHANCE AND RECONNECT HABITAT FOR TROUT AND OTHER SPECIES IN AND ALONG COLDWATER RIVERS, STREAMS, AND LAKES IN MINNESOTA. MNTU CONTRACTS FOR THIS WORK. HABITAT WAS RESTORED ALONG 10 MILES OF TROUT STREAMS DURING THE FISCAL YEAR.MNTU RUNS AN EDUCATION PROGRAM IN PARTICIPATING MINNESOTA SCHOOLS TO ENGAGE STUDENTS IN CLASSROOM AND OUTDOOR LEARNING FOCUSED ON WATER QUALITY, GROUNDWATER, AQUATIC LIFE, AND WATERSHED STEWARDSHIP. MNTU CONTRACTS FOR THIS EDUCATIONAL WORK, INCLUDING PROGRAM MANAGEMENT. DESPITE PANDEMIC-CASUED REDUCTIONS, MORE THAN 1,000 STUDENTS WERE INVOLVED IN WATERSHED EDUCATION. EACH MARCH MNTU PRESENTS THE GREAT WATERS FLY FISHING EXPO AT HAMLINE UNIVERSITY. OVER 2,000 PEOPLE AND 50 VENDORS TYPICALLY ATTEND THE EXPO TO LEARN ABOUT THE LATEST ISSUES IN CONSERVATION, HOW AND WHERE TO ENJOY TROUT FISHING AND HOW THEY CAN GET INVOLVED IN PROTECTING THOSE RESOURCES. THE MARCH 2022 EXPO WAS HELD, DESPITE THE LINGERING AFFECTS OF THE CORONAVIRUS PANDEMIC. MNTU CONTRACTS FOR PROFESSIONAL SERVICES RELATED TO ORGANIZATIONAL DEVELOPMENT AND GRANT WRITING. MNTU PUBLISHES A PRINTED NEWSLETTER AIMED AT COMMUNICATING ORGANIZATIONAL ACCOMPLISHMENTS, INCREASING MEMBERSHIP ENGAGEMENT AND EDUCATING MEMBERS AND NON-MEMBERS ON PRIORITY TOPICS IN COLDWATER CONSERVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jp Little Vice Chair | OfficerTrustee | 2 | $0 |
Steve Carlton Area Vice-Chair, Central | OfficerTrustee | 2 | $0 |
Mark Reisetter Area Vice-Chair, Southeast | OfficerTrustee | 2 | $0 |
Micah Crider Secretary | OfficerTrustee | 2 | $0 |
Mike Madigan Treasurer | OfficerTrustee | 2 | $0 |
Brent Notbohm Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Barth Construction Inc Construction Contractor | 3/30/22 | $1,873,998 |
Emmons & Olivier Resources Inc Design & Oversight Consultant | 3/30/22 | $143,950 |
Nordic Underwater Services Inc Construction Contractor | 3/30/22 | $189,644 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,340,378 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,323 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,513,701 |
| Total Program Service Revenue | $16,660 |
| Investment income | $2,234 |
| 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 | $2,532,595 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,181 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $148 |
| Fees for services: Accounting | $7,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $9,184 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,266,301 |
| Advertising and promotion | $0 |
| Office expenses | $15,656 |
| Information technology | $3,123 |
| Royalties | $0 |
| Occupancy | $13,928 |
| Travel | $5,023 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $41,275 |
| Total functional expenses | $2,447,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $263,467 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $621,661 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $885,128 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $858,345 |
| Net assets with donor restrictions | $26,783 |
| 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 | $885,128 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Trout Unlimited has recieved totaling $142.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $142 |
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 |