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Minnesota Agricultural Water Resources Center

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

EIN: 451676970 ✦ Eagan, MN ✦ Designated as a 501(c)(3)

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Overview

What is Minnesota Agricultural Water Resources Center?

The Minnesota Agricultural Water Resources Center is a nonprofit organization located at 3080 EAGANDALE PLACE, EAGAN, MN, 55121. Its primary focus is on conducting research and education programs to aid agricultural organizations and farmers in addressing water quality issues. They organize educational forums throughout the year, including two major events attended by around 600 individuals and 25 smaller regional events attended by approximately 500. The center's mission is to provide a platform for farmers and agriculturalists to learn, collaborate, and find solutions to water quality concerns, thereby contributing to the overall sustainability of farming practices in Minnesota.


Official website here: www.mawrc.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

The Minnesota Agricultural Water Resources Center has demonstrated a strong commitment to accountability and financial management, earning a high score of 96% from Charity Navigator. This rating reflects a well-functioning governance structure, with 100% independent board members and adherence to best practices such as conflict of interest and whistleblower policies.

Financially, the organization shows a solid foundation with a program expense ratio of 86.34%, indicating that a significant portion of its resources is allocated directly to its programs. The liabilities to assets ratio of 46.01% further highlights its financial stability, suggesting that the organization maintains a healthy balance between its liabilities and assets.

No significant limitations or concerns are noted in the available data, reinforcing the center's positive standing in the nonprofit sector. Overall, the Minnesota Agricultural Water Resources Center appears to be effectively managing its resources and governance, contributing positively to its mission.


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

Is Minnesota Agricultural Water Resources Center legitimate?

Minnesota Agricultural Water Resources Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Agricultural Water Resources Center 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: $151,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,488

For more financial information, click here


Official website here: www.mawrc.org

What is the mission statement of Minnesota Agricultural Water Resources Center?

The Minnesota Agricultural Water Resources Center is dedicated to conducting research and education programs aimed at helping agricultural organizations and farmers address water quality issues. Through various educational forums held throughout the year, they aim to provide valuable insights to farmers and agriculturalists, with two major events attended by around 600 individuals, and 25 smaller regional events attended by approximately 500. Their goal is to ensure sustainable farming practices and improve the quality of water resources for future generations.


Official website here: www.mawrc.org

Who is the CEO of Minnesota Agricultural Water Resources Center?

Warren Formo is the Chairman of Minnesota Agricultural Water Resources Center.


Official website here: www.mawrc.org

What is the revenue of Minnesota Agricultural Water Resources Center?

Minnesota Agricultural Water Resources Center's revenue in 2022 was $581,092.


Official website here: www.mawrc.org

Who are the executives of Minnesota Agricultural Water Resources Center and what are their salaries?

There 20 volunteers at Minnesota Agricultural Water Resources Center.


Here are 6 key members and their salaries:


Tim Velde (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Graff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Roelofs (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karlen Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Moe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Formo (Executive Director)
  • Compensation: $117,578
  • Related: $0
  • Other: $33,735


Official website here: www.mawrc.org

Where can I find the form 990 for Minnesota Agricultural Water Resources Center?

Minnesota Agricultural Water Resources Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mawrc.org

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

Mission Statement of Minnesota Agricultural Water Resources Center

The Minnesota Agricultural Water Resources Center, a dedicated organization, focuses on conducting research and education programs aimed at helping agricultural organizations and farmers address water quality issues. By organizing educational forums throughout the year, they strive to empower farmers and agriculturalists with the knowledge needed to safeguard and improve the quality of water resources. These forums, which include two major events attended by 600 individuals and 25 smaller regional events attended by approximately 500, serve as platforms for the exchange of ideas and best practices in water management. The Center's mission is to ensure the sustainability of agricultural practices while promoting the health of our water resources.

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Impact




July, 2024

The Minnesota Agricultural Water Resources Center has a significant impact on agricultural organizations and farmers by conducting research and education programs to address water quality issues. Through its educational forums and events, it reaches hundreds of farmers and agriculturalists, providing them with valuable knowledge and resources to improve water quality practices. This impact is crucial in promoting sustainable agricultural practices and ensuring the protection of water resources in Minnesota.




This information is meant to be a general summary of Minnesota Agricultural Water Resources Center. 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
$581,092 (2022)
Expenses
$574,458 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $581,092

Assets and Liabilities:

  • Total Assets: $233,859
  • Total Liabilities: $174,852
  • Net Assets: $59,007

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Organization Details

Founding Year

2010

Principal Officer

Warren Formo

Main Address

3080 EAGANDALE PLACE, EAGAN, MN, 55121

NTEE Category

Code: C32 - Environment

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