Texas Water Trade

Organization Overview

Texas Water Trade is located in Austin, TX. The organization was established in 2019. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 06/2021, Texas Water Trade employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Water Trade 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 06/2021, Texas Water Trade generated $1.5m in total revenue. All expenses for the organization totaled $810.6k during the year ending 06/2021. While expenses have increased by 70.5% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE HARNESS MARKETS AND TECHNOLOGY TO ACHIEVE A FUTURE OF CLEAN, FLOWING WATER FOR ALL TEXANS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TEXAS WATER TRADE ("TWT") PROVIDES TECHNICAL SERVICES (APPRAISALS, TRAINING, ECOLOGICAL ANALYSIS, ENGINEERING, HYDROLOGICAL MODELING, LEGAL, ENVIRONMENTAL MONITORING) TO NON-PROFIT LAND AND WATER CONSERVATION ORGANIZATIONS AND GOVERNMENTAL AGENCIES TO SUPPORT THE ACQUISITION AND STEWARDSHIP OF WATER RIGHTS TO BENEFIT THE NATURAL ENVIRONMENT AND TO CREATE A FUTURE OF CLEAN, FLOWING WATER FOR ALL TEXANS. TWT'S WORK CENTERS ON TWO MECHANISMS FOR ADVANCING A VISION OF SUSTAINED WATER ABUNDANCE: EDUCATE AND PROVIDE TECHNICAL SUPPORT TO GOVERNMENTAL AND NON-PROFIT URBAN LEADERS TO FACILITATE INVESTMENT IN NET ZERO WATER BUILDINGS AND SUBDIVISIONS CAPABLE OF CAPTURING, TREATING AND RETURNING TO THE ORIGINAL WATER SOURCE AS MUCH WATER AS THEY DEMAND SO THAT NEW GROWTH INCREASES TEXAS' RELIABLE WATER SUPPLY. PROVIDE TECHNICAL SUPPORT AND FUNDING TO FACILITATE A DIVERSE SUITE OF VOLUNTARY WATER MARKET TRANSACTIONS-FROM DRY YEAR OPTIONS TO INFRASTRUCTURE PARTICIPATION-TO SECURE HEALTHY FLOWS IN TEXAS RIVERS WHILE CREATING SUPPLY RESILIENCE FOR OTHER WATER USERS.TO ADVANCE THESE GOALS, TWT ENGAGES IN SOME OR ALL OF THE FOLLOWING ACTIVITIES: SUPPORT ORGANIZATIONS CAPABLE OF PURSUING WATER TRANSACTIONS FOR HEALTHY ENVIRONMENTAL FLOWS -TWT TRANSFERS TECHNICAL KNOWLEDGE RELATED TO THE LEGAL FRAMEWORKS OF SURFACE WATER RIGHTS AND GROUNDWATER RIGHTS, HYDROLOGICAL MONITORING, AND ECOLOGICAL MODELING TO EVALUATE THE BENEFIT OF VARIOUS CONTRACT STRUCTURES TO SECURE WATER AND OPPORTUNITIES FOR WATER RIGHTS HOLDERS WHO VOLUNTARILY PARTICIPATE IN ENVIRONMENTAL FLOWS TRANSACTIONS. LAUNCH THE TEXAS WATER MARKET MAKERS PROGRAM -TWT RAISES FUNDS TO CREATE A COMPETITIVE PROGRAM FOR WATER CONSERVATION ORGANIZATIONS WHO RECEIVE SUSTAINED TECHNICAL SUPPORT, POSSIBLE GRANT FUNDING, AND POSSIBLE ACCESS TO WATER TRANSACTION FUNDS. DIVERSIFY FUNDING RESOURCES FOR FLOWS RESTORATION AND PROTECTION PROJECTS - TWT IS THE GO-TO ORGANIZATION FOR PHILANTHROPIC, STATE, AND FEDERAL RESOURCES PURSUING ENVIRONMENTAL FLOWS RESTORATION PROJECTS IN TEXAS, AND WORKS WITH PARTNERS ACROSS THOSE SECTORS TO STEER EXISTING FUNDS WHERE ELIGIBLE AND TO DESIGN NEW FUNDING VEHICLES AS NEEDED. QUARTERBACK MARKET DEVELOPMENT - TWT DEVELOPS AND EXECUTES LONG-RANGE STRATEGIES WHERE HEALTHY WATER FLOWS DEPEND UPON MORE COMPLEX ARRANGEMENTS THAN LAND TRUSTS AND CONSERVANCIES CAN PURSUE (FOR EXAMPLE, MUNICIPAL PROJECT PARTICIPATION, WATER SWAPS OR BANKING). PROVIDE TRUSTED PROJECT EVALUATION - TWT DEVELOPS THE EXPERTISE AND BRAND RECOGNITION TO BECOME THE ONE-STOP SHOP FOR EVALUATING THE FEASIBILITY AND BENEFIT OF ENVIRONMENTAL FLOWS RESTORATION AND PROTECTION PROJECTS IN TEXAS, THEREBY LOWERING TRANSACTION COSTS FOR PROJECT SPONSORS AND FUNDERS. SET ENVIRONMENTAL FLOWS RESTORATION AND PROTECTION TARGETS - TWT HAS SET TARGETS FOR THE AMOUNT OF WATER WE WORK TO PROTECT OR RESTORE BY 2030 WITH THE ASSISTANCE OF OUR ADVISORY COUNCIL AND USING THE BEST AVAILABLE SCIENCE AND MARKET ANALYSIS. ADVANCE AWARENESS OF THE WATER SUPPLY POTENTIAL OF ONSITE WATER RESOURCES - TWT PRODUCES ENVIRONMENTAL WATER INFORMATIONAL AND ANALYTICAL TOOLS THAT CAPTURE THE IMAGINATION OF POLICYMAKERS, DEVELOPERS AND COMMUNITY LEADERS OF THE ENORMOUS POTENTIAL FOR ONSITE WATER TO BE PART OF THE SUPPLY SOLUTION SET FOR A GROWING TEXAS. ACCELERATE COMMITMENTS TO NET ZERO WATER - TWT SUPPORTS HIGH-VISIBILITY DEVELOPMENT PROJECTS THAT TAP INTO ONSITE WATER RESOURCES, THEREBY DELIVERING PROOFS OF CONCEPT, WORKING IN PARTNERSHIP WITH GOVERNMENTAL ENTITIES AND COMMUNITIES AND THE DEVELOPERS AND TEXAS-BASED COMPANIES THEY REGULATE. SUPPORT FINANCIAL INNOVATIONS TO ENABLE NET ZERO DEVELOPMENT - TWT WORKS WITH ENTITIES ADMINISTERING FUNDING RESOURCES SUCH AS PROPERTY ASSESSED CLEAN ENERGY (PACE) LOANS, MUNICIPAL UTILITY DISTRICTS (MUDS), PLANNED UNIT DEVELOPMENTS (PUDS), TAX INCREMENT FINANCING (TIF) DISTRICTS AND MUNICIPAL BONDS TO SCALE CAPITAL AVAILABLE FOR NEW DEVELOPMENT TO TAP INTO ONSITE WATER RESOURCES.


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Board, Officers & Key Employees

Name (title)Compensation
Sharlene Leurig
CEO
$156,799
Don Perkins
Chairman
$0
Sarah Schlessinger
Secretary/treasurer
$0
Jeff Leuschel
Director
$0
Carlos Rubinstein
Director
$0
Stacy Walters
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$28,186
Related organizations$0
Government grants $7,175
All other contributions, gifts, grants, and similar amounts not included above$1,473,813
Noncash contributions included in lines 1a–1f $706,432
Total Revenue from Contributions, Gifts, Grants & Similar$1,509,174
Total Program Service Revenue$22,300
Investment income $28
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$3,661
Net Income from Fundraising Events -$6,026
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,521,815

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Texas Water Trade has recieved totaling $351,000.

Awarding OrganizationAmount
Harte Charitable Foundation

San Antonio, TX

PURPOSE: GENERAL CHARITABLE PURPOSES

$250,000
Shield-Ayres Foundation

Austin, TX

PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION

$25,000
Dixon Water Foundation

Decatur, TX

PURPOSE: WATER LEASING PROGRAM

$25,000
Coypu Foundation

Chicago, IL

PURPOSE: GENERAL

$25,000
Permian Basin Area Foundation

Midland, TX

PURPOSE: Environmental

$25,000
S-M Hixon Family Foundation

San Antonio, TX

PURPOSE: CHARITABLE

$1,000
View Grant Recipient Profile

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