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Southeastern Wisconsin Watersheds Trust Inc

Sweet Water

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272718480 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is Southeastern Wisconsin Watersheds Trust Inc?

Southeastern Wisconsin Watersheds Trust Inc is a nonprofit organization based in Milwaukee, Wisconsin, specifically at 600 E Greenfield Ave, 53204. As its mission suggests, the Trust is dedicated to improving the water quality of the Greater Milwaukee watersheds for recreational activities such as swimming and fishing. To achieve this goal, the Trust focuses on uniting various partners in the region, offering leadership and innovation to protect and restore shared water resources. They provide support to their project partners, collaborating on joint projects that aim to enhance water quality and influence new water quality policy initiatives, both in urban and rural settings. The organization currently employs 5 individuals, demonstrating their commitment to safeguarding the watersheds of the region.


Official website here: www.swwtwater.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

Southeastern Wisconsin Watersheds Trust Inc has achieved a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization scored 83% in its overall evaluation, indicating that it maintains a solid financial structure and accountability practices. The metrics highlight the presence of a fully independent board and no material diversion of assets, reinforcing the organization's integrity and governance.

Strengths of the organization include its high scores for board independence and a favorable liabilities to assets ratio, demonstrating financial health. The program expense ratio of 83.27% indicates that a significant portion of its expenses is directed towards its programs, ensuring that donor funds are utilized effectively for its mission. The organization's policies for conflict of interest are well-established, though it lacks a whistleblower policy and a document retention policy.

While the financial transparency is commendable, the absence of certain policies like the whistleblower and document retention may point to areas for improvement. Overall, the Southeastern Wisconsin Watersheds Trust Inc. demonstrates a commitment to accountability, but addressing these gaps could enhance its governance framework further.


This AI summary has been generated from information found on Charity Navigator.

Is Southeastern Wisconsin Watersheds Trust Inc legitimate?

Southeastern Wisconsin Watersheds Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeastern Wisconsin Watersheds Trust Inc 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: $93,541
Professional Fundraising Fees: $0
Other Salaries and Wages: $95,587

For more financial information, click here


Official website here: www.swwtwater.org

What is the mission statement of Southeastern Wisconsin Watersheds Trust Inc?

The Southeastern Wisconsin Watersheds Trust Inc, through its mission, aims to restore the local watersheds in a manner conducive to swimming and fishing, ensuring the health of shared water resources. They facilitate collaboration with diverse partners, offering leadership and innovative solutions to protect and revitalize these vital water bodies. Their primary focus is on providing support for joint projects to improve water quality and guide new water quality policy initiatives, both urban and rural.


Official website here: www.swwtwater.org

Who is the CEO of Southeastern Wisconsin Watersheds Trust Inc?

Jacob Fincher is the Co-Chair of Southeastern Wisconsin Watersheds Trust Inc.


Official website here: www.swwtwater.org

What is the revenue of Southeastern Wisconsin Watersheds Trust Inc?

Southeastern Wisconsin Watersheds Trust Inc's revenue in 2022 was $322,248.


Official website here: www.swwtwater.org

Who are the executives of Southeastern Wisconsin Watersheds Trust Inc and what are their salaries?

The average compensation at Southeastern Wisconsin Watersheds Trust Inc during 2022 was $37,826. There are 5 employees and 50 volunteers at Southeastern Wisconsin Watersheds Trust Inc.


Here are 13 key members and their salaries:


Alyssa Schmitt (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Hellman (Vice Chair/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Benninghoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Depies (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Frank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Giuliani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Herrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghan Jensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Mcbroom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Sands (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Singer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Struck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Fincher (Executive Director)
  • Compensation: $88,767
  • Related: $0
  • Other: $0


Official website here: www.swwtwater.org

Where can I find the form 990 for Southeastern Wisconsin Watersheds Trust Inc?

Southeastern Wisconsin Watersheds Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.swwtwater.org

Learn more at the official website: www.swwtwater.org

Mission Statement of Southeastern Wisconsin Watersheds Trust Inc

The Southeastern Wisconsin Watersheds Trust Inc, commonly known as Sweet Water, is an organization dedicated to the restoration of the Greater Milwaukee watersheds for the purpose of allowing safe swimming and fishing. This mission is achieved by fostering collaboration among diverse partners and offering the leadership and innovation required to safeguard and rejuvenate shared water resources.

In their work, Sweet Water provides essential support to a group of project partners in the region, contributing staff time and related expenses towards joint projects aimed at enhancing water quality and guiding new water quality policy initiatives, both in urban and rural areas. By doing so, they strive to protect and preserve the health of the waterways for future generations.

In essence, the Southeastern Wisconsin Watersheds Trust Inc serves as a driving force behind the efforts to improve the condition of the watersheds in the Greater Milwaukee area, acting as a catalyst for positive change in the protection and restoration of the region's water resources. Their commitment to collaboration and innovation makes them a valuable asset in the quest for cleaner, healthier waterways.

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Impact




June, 2024

Southeastern Wisconsin Watersheds Trust Inc, also known as Sweet Water, is making a significant impact by restoring the Greater Milwaukee watersheds to conditions that are healthy for swimming and fishing. The organization brings together diverse partners and provides leadership and innovation to protect and restore shared water resources in the region. This translates to improved water quality in both urban and rural areas. Sweet Water's core projects and support of staff time are instrumental in guiding new water quality policy initiatives, ultimately contributing to a healthier environment for the community.




This information is meant to be a general summary of Southeastern Wisconsin Watersheds Trust Inc. 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.

Revenue
$322,248 (2022)
Expenses
$258,932 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $36,761
  • Gross Receipts: $322,248

Assets and Liabilities:

  • Total Assets: $183,712
  • Total Liabilities: $18,045
  • Net Assets: $165,667

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONFERENCE

Revenue

$14,925

FEE FOR SERVICE

Revenue

$10,995

Organization Details

Founding Year

2009

Principal Officer

Jacob Fincher

Main Address

600 E GREENFIELD AVE, MILWAUKEE, WI, 53204

NTEE Category

Code: C32 - Environment

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