Wetlands Research Inc

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

EIN: 363281579 ✦ Wadsworth, IL ✦ Designated as a 501(c)(3)

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Overview

What is Wetlands Research Inc?

Wetlands Research Inc is a nonprofit organization, headquartered in Wadsworth, Illinois. Their primary mission revolves around the restoration and preservation of wetland resources in the Midwest region. To achieve this, they engage in extensive research focused on flood control, improving water quality, and enhancing wildlife habitats. Their work aims to create and restore large tracts of wetlands, with the approval of the U.S. Army Corps of Engineers, to serve as mitigation banks. Through their activities, Wetlands Research Inc contributes significantly to the overall well-being of the environment and the wildlife within the Midwest.


Official website here: www.wetlandsreasearch.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58% (One-Star out of Four Stars)

Wetlands Research Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall score is heavily weighted on its Accountability & Finance metrics, which highlights strengths like having a fully independent board and no material diversion of assets. However, the lack of critical policies, including a conflict of interest policy and a whistleblower policy, has severely impacted its score.

The organization has managed to maintain a favorable liabilities-to-assets ratio and shows a moderate program expense ratio, suggesting that it is utilizing a decent portion of its resources towards its programs. However, the absence of publicly available financial documents, such as tax forms on its website, raises questions about its transparency. This lack of accessibility to financial information may affect potential donors' trust in the organization.

Overall, while Wetlands Research Inc demonstrates some strengths in governance, its shortcomings in essential policies and transparency measures warrant caution for stakeholders considering support or engagement with the nonprofit.


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

Is Wetlands Research Inc legitimate?

Wetlands Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wetlands Research 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wetlandsreasearch.org

What is the mission statement of Wetlands Research Inc?

Wetlands Research Inc is committed to the restoration of wetland resources in the Midwest, focusing on flood control, enhancing water quality, and preserving wildlife habitats. This dedication is primarily achieved through continuous research efforts. To achieve this mission, Wetlands Research Inc has established a wetland mitigation bank, a large tract of created or restored wetlands that has been approved by the U.S. Army Corps of Engineers. This mitigation bank serves as a valuable tool for restoring and managing wetland ecosystems in the region.


Official website here: www.wetlandsreasearch.org

Who is the CEO of Wetlands Research Inc?

James Hayner is the President of Wetlands Research Inc.


Official website here: www.wetlandsreasearch.org

What is the revenue of Wetlands Research Inc?

Wetlands Research Inc's revenue in 2022 was $2,351,765.


Official website here: www.wetlandsreasearch.org

Who are the executives of Wetlands Research Inc and what are their salaries?

There 6 volunteers at Wetlands Research Inc.


Here are 6 key members and their salaries:


James Hayner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephan E Phillips (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Paap (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Pyatt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Frank (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Johnston (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wetlandsreasearch.org

Where can I find the form 990 for Wetlands Research Inc?

Wetlands Research Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wetlandsreasearch.org

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

Mission Statement of Wetlands Research Inc

Wetlands Research Inc, a Midwestern-based organization, is committed to the restoration and preservation of wetland resources. With a primary focus on flood control, water quality improvement, and wildlife habitat restoration, the nonprofit conducts ongoing research to achieve these objectives. Through the creation and management of wetland mitigation banks, approved by the U.S. Army Corps of Engineers, Wetlands Research Inc aims to offset the loss of wetland ecosystems and contribute to a healthier and more balanced environment.

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Impact




June, 2024

Wetlands Research Inc's impact lies in the restoration and preservation of wetland resources in the Midwest. By conducting ongoing research on flood control, water quality improvement, and wildlife habitat restoration, the organization contributes significantly to the conservation of these crucial ecosystems. Additionally, through the implementation of wetland mitigation banking approved by the U.S. Army Corps of Engineers, Wetlands Research Inc plays a vital role in the creation and management of restored wetlands, further enhancing environmental sustainability. Their dedication to these efforts underscores their commitment to environmental protection and the promotion of a healthier ecosystem in the Midwest.




This information is meant to be a general summary of Wetlands Research 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
$2,351,765 (2022)
Expenses
$94,334 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $614
  • Program Service Revenue: $89,824
  • Gross Receipts: $2,351,765

Assets and Liabilities:

  • Total Assets: $1,895,526
  • Total Liabilities: $7,330
  • Net Assets: $1,888,196

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Programs

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

Mitigation Banking

Revenue

$82,980

Project Income

Revenue

$6,844

Organization Details

Founding Year

1983

Principal Officer

James Hayner

Main Address

PO Box 225, Wadsworth, IL, 60083

NTEE Category

Code: C32 - Environment

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