Overview
What is The Wetlands Initiative?
The Wetlands Initiative is a nonprofit organization based in Chicago, Illinois, with a team of 29 dedicated professionals. Their mission is to restore the wetland resources of the Midwest, aiming to improve water quality, increase wildlife habitat and biodiversity, and reduce flood damage. In 2022, they carried out on-the-ground restoration work across rural and urban settings, including the 3,000-acre Sue and Wes Dixon Waterfowl Refuge in North-Central Illinois and Midewin National Tallgrass Prairie in Will County. They also collaborated on projects to restore healthy hemi-marsh for people and wildlife across the Calumet Region. The organization also focuses on forming larger partnerships to demonstrate innovative ways to finance large-scale wetland restoration, such as water quality trading markets with a focus on science-based, economically sustainable projects. They also conduct and support high-quality restoration projects through direct, on-the-ground work, with the goal of developing restoration methods and models that others may copy.
Official website here: www.wetlands-initiative.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Star rating) from Charity Navigator.
The Wetlands Initiative has achieved an impressive 99% rating on Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score of 100% in both accountability and leadership, the organization demonstrates a commitment to transparency and effective governance. The program expense ratio of 79.45% indicates that a significant portion of its funds is directed toward its core mission of wetland restoration.
In addition to its financial efficiency, the organization showcases robust community engagement, evidenced by an 85% score in culture and community. The majority of its board members (95%) are independent, ensuring that its governance remains unbiased and focused on its mission. The presence of policies for whistleblowing and document retention further highlights the organization's dedication to ethical practices.
However, while The Wetlands Initiative scores highly in most areas, the culture and community aspect may suggest room for improvement in outreach or engagement with stakeholders. Overall, the organization exhibits strong financial health and governance, making it a reliable choice for donors interested in environmental conservation.
This AI summary has been generated from information found on Charity Navigator.
Is The Wetlands Initiative legitimate?
The Wetlands Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wetlands Initiative 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: $134,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,077,964
For more financial information, click here
Official website here: www.wetlands-initiative.org
What is the mission statement of The Wetlands Initiative?
The Wetlands Initiative aims to restore the wetland resources of the Midwest, focusing on improving water quality, increasing wildlife habitat and biodiversity, and reducing flood damage. The organization undertakes high-quality restoration projects through direct, on-the-ground work and larger collaborations, demonstrating innovative ways to finance large-scale wetland restoration. They strive to develop restoration methods and models that others may emulate, with a focus on science-based, economically sustainable projects and collaborative work with public agencies. Their goal is to advance wetland restoration techniques and strategies.
Official website here: www.wetlands-initiative.org
Who is the CEO of The Wetlands Initiative?
Paul Botts is the Chair of The Wetlands Initiative.
Official website here: www.wetlands-initiative.org
What is the revenue of The Wetlands Initiative?
The Wetlands Initiative's revenue in 2022 was $4,955,328.
Official website here: www.wetlands-initiative.org
Who are the executives of The Wetlands Initiative and what are their salaries?
The average compensation at The Wetlands Initiative during 2022 was $41,793. There are 29 employees and 55 volunteers at The Wetlands Initiative.
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Official website here: www.wetlands-initiative.org
Where can I find the form 990 for The Wetlands Initiative?
The Wetlands Initiative's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wetlands-initiative.org
Learn more at the official website: www.wetlands-initiative.org
Mission Statement of The Wetlands Initiative
The Wetlands Initiative, a dedicated organization, aims to restore the wetland resources of the Midwest. Their mission is threefold: to enhance water quality, increase wildlife habitat and biodiversity, and reduce flood damage. By conducting and supporting high-quality restoration projects, both directly and through larger partnerships, The Wetlands Initiative seeks to demonstrate innovative ways to finance large-scale wetland restoration. Their focus is on science-based, economically sustainable projects, and collaborative work with public agencies. The organization strives to develop restoration methods and models that others may emulate. The Wetlands Initiative's ultimate goal is to restore the wetlands of the Midwest in a manner that not only benefits the environment but also sets a precedent for future restoration efforts.
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Impact
June, 2024
The Wetlands Initiative's impact includes restoring wetland resources across the Midwest to improve water quality, increase wildlife habitat and biodiversity, and reduce flood damage. Through on-the-ground ecological restoration work, the organization has expanded its efforts in both rural and urban settings. For example, at the Sue and Wes Dixon Waterfowl Refuge in North-Central Illinois, a designated Ramsar wetland of international importance, TWI intensified restoration of native prairie, wet meadow, and woodland habitats. Additionally, TWI completed the sixth year of a massive seven-year restoration project at the Midewin National Tallgrass Prairie in Will County, transforming a former army ammunition plant into a high-quality, native prairie and wetland landscape.
Furthermore, TWI expanded collaborative work in the urban wetland restoration challenges of the heavily industrialized Calumet region in Chicago's southeast side and in Northwest Indiana. Projects at Indian Ridge Marsh, Deadstick Pond, and the Little Calumet River floodplain corridor showcased successful efforts to reestablish native plant communities, improve habitat transitions, and conduct invasive management.
Overall, The Wetlands Initiative's impact is demonstrated through its significant restoration achievements, biodiversity conservation, and sustainable wetland management practices.
This information is meant to be a general summary of The Wetlands Initiative. 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: $35,483
- Program Service Revenue: $4,834
- Gross Receipts: $5,174,410
Assets and Liabilities:
- Total Assets: $13,019,424
- Total Liabilities: $894,827
- Net Assets: $12,124,597
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS
Revenue
$4,834
Organization Details
Founding Year
1994
Phone
(312) 922-0777Principal Officer
Paul Botts
Main Address
53 W JACKSON BLVD 1015, CHICAGO, IL, 606043658
Website
www.wetlands-initiative.orgNTEE Category
Code: C320 - Environment
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