Overview
What is Wabash River Enhancement Corporatio?
The Wabash River Enhancement Corporation, based in Lafayette, Indiana, is a nonprofit organization dedicated to improving the quality of life in the Wabash River Corridor. In 2022, they continued their mission by implementing and securing grants for various projects, such as a regional Wabash River Greenway Corridor Master Plan, a trailhead project, and a connector trail. These initiatives aim to enhance health, recreation, education, economic development, and environmental management. The organization also partnered with the Greater Lafayette READI Region and the City of Lafayette for funding and trail construction projects. Additionally, they engaged the community through events like the Wabash Riverfest, green tours, watershed water sampling blitzes, de-trash cleanup events, and invasive plant management workdays.
What are the reviews and ratings of this charity?
90% - Four-Star out of Four Star Rating
The Wabash River Enhancement Corporation has received a strong rating of 90% from Charity Navigator, reflecting its commitment to accountability and financial transparency. This score is driven entirely by its Accountability & Finance metrics, showcasing the organization's effective management of funds and resources.
Strengths of the organization include having a fully independent board with strong governance practices. The board consists of ten independent members, and the charity has implemented necessary measures to prevent conflicts of interest. Financial oversight is also robust, with clear documentation of board meetings and audits ensuring accountability.
However, while the high program expense ratio of 88.34% indicates that the majority of funds are directed toward the charity's programs, ongoing monitoring of financial practices will be essential to maintain this positive standing. Overall, the organization demonstrates a strong commitment to ethical financial practices and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Wabash River Enhancement Corporatio legitimate?
Wabash River Enhancement Corporatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wabash River Enhancement Corporatio submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,613
For more financial information, click here
What is the mission statement of Wabash River Enhancement Corporatio?
The Wabash River Enhancement Corporation aims to improve the quality of life in its river corridor by providing sustainable opportunities to enhance health, recreation, education, economic development, and environmental management. In 2022, the organization continued to advance its mission by implementing EPA and IDEM grants for watershed improvement, developing a regional Wabash River Greenway Corridor Master Plan, partnering with regional economic development initiatives, and securing funding for various trail and greenway projects. Furthermore, the corporation engaged in education and outreach efforts, such as hosting community festivals, leading green tours, and organizing bi-annual watershed clean-up events and invasive plant management workdays.
Who is the CEO of Wabash River Enhancement Corporatio?
Stanton Lambert is the Executive Di of Wabash River Enhancement Corporatio.
What is the revenue of Wabash River Enhancement Corporatio?
Wabash River Enhancement Corporatio's revenue in 2022 was $850,076.
Who are the executives of Wabash River Enhancement Corporatio and what are their salaries?
The average compensation at Wabash River Enhancement Corporatio during 2022 was $41,903. There are 4 employees and 300 volunteers at Wabash River Enhancement Corporatio.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Wabash River Enhancement Corporatio?
Wabash River Enhancement Corporatio's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wabash River Enhancement Corporatio
The Wabash River Enhancement Corporation, a nonprofit organization, is committed to improving the quality of life in various areas by providing sustainable opportunities for health, recreation, education, economic development, and environmental management. The Corporation's mission is centered around enhancing the Wabash River Corridor, focusing on creating a better living environment for the community.
In 2022, the Corporation made significant strides in achieving its mission. It completed the implementation of a grant covering 2021-2023, aimed at improving the watershed of the Wabash River. Furthermore, the Corporation was awarded another grant for the period 2023-2026, which will fund various projects to continue the enhancement of the Wabash River Corridor.
The Corporation is also working on a Regional Wabash River Greenway Corridor Master Plan, expected to be completed by 2023. This plan, when implemented, will provide a comprehensive blueprint for the development and management of the river corridor across several counties.
The Corporation has also secured funding through the Regional Economic Acceleration, and Development Initiative (READI), a regional economic development program. This funding will be used to develop the Regional Wabash River Greenway, with each county receiving funds for its specific projects. The Corporation's efforts have resulted in the construction of several trails, a canoe/kayak facility, and other infrastructure aimed at improving the quality of life in the Wabash River Corridor.
In addition to these projects, the Corporation continues to engage in education and outreach efforts. It hosts community events such as the Wabash Riverfest, leads green tours to highlight green infrastructure, and partners with community organizations to organize cleanup events and invasive plant management workdays. These initiatives aim to raise awareness about the importance of preserving and enhancing the Wabash River Corridor.
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Impact
June, 2024
Wabash River Enhancement Corporation has made a significant impact by enhancing the quality of life in the Wabash River corridor. Their initiatives focus on providing sustainable opportunities for improving health, recreation, education, economic development, and environmental management in the region.
In recent years, Wabash River Enhancement Corporation has successfully implemented various projects and received grants to support their mission. They completed the implementation of a significant EPA/IDEM grant and were awarded another substantial grant for continued watershed implementation. Additionally, their efforts in developing a regional Wabash River Greenway Corridor Master Plan will positively impact multiple counties along the river corridor.
Through partnerships and funding initiatives, such as the READI program, Wabash River Enhancement Corporation has secured substantial resources to support the development of greenways and trails in the region. These projects not only enhance connectivity but also promote outdoor recreation and environmental awareness.
Furthermore, their education and outreach efforts, including hosting community festivals, organizing clean-up events, and facilitating water sampling blitz events, demonstrate their commitment to community engagement and environmental stewardship.
Overall, Wabash River Enhancement Corporation's work is contributing to the sustainable development and preservation of the Wabash River corridor, making a tangible impact on the environment and quality of life for residents in the region.
This information is meant to be a general summary of Wabash River Enhancement Corporatio. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$33,661
- Program Service Revenue: $62,572
- Gross Receipts: $1,056,272
Assets and Liabilities:
- Total Assets: $8,171,280
- Total Liabilities: $108,430
- Net Assets: $8,062,850
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT/PROGRAM INCOME
Revenue
$36,274
MISCELLANEOUS INCOME
Revenue
$15,733
REIMB & REFUNDS
Revenue
$10,565
Organization Details
Founding Year
2004
Principal Officer
Stanton Lambert
Main Address
ATTN STANTON LAMBERT / 200 N 2ND, LAFAYETTE, IN, 47901
NTEE Category
Code: C30 - Environment
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