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Washington Water Trust

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

EIN: 911937417 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Washington Water Trust?

Washington Water Trust is a nonprofit organization based in Washington state, focusing on enhancing and safeguarding stream flows and water quality. By employing voluntary, market-based transactions and forging collaborative partnerships, they aim to establish harmonious solutions that benefit a diverse range of entities, including fish, agriculture, businesses, and wildlife. Their ultimate goal is to ensure the well-being of these elements upon which we all rely. Their operations are primarily non-regulatory in nature, and they achieve their mission through cooperative efforts, fostering a balanced environment where all can prosper.


Official website here: www.washingtonwatertrust.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.

Washington Water Trust has achieved a commendable Four-Star rating due to its robust performance in accountability and finance, scoring 90% in this area. The organization boasts a fully independent board of 15 members, which enhances its governance. Furthermore, it demonstrates strong financial oversight, evidenced by the lack of material diversion of assets and comprehensive audits, contributing to trustworthiness and transparency.

The organization excels in its leadership and adaptability, receiving a perfect score of 100%. This indicates a well-defined strategy and effective leadership that can navigate challenges and implement initiatives successfully. The trust's commitment to sound financial practices, such as maintaining a favorable liabilities-to-assets ratio and sufficient working capital, reinforces its operational stability.

While the data does not indicate any significant limitations, it is crucial to continue monitoring performance to ensure ongoing compliance and responsiveness to community needs. Overall, Washington Water Trust appears to be a reliable nonprofit with strong governance and effective leadership in the water conservation sector.


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

Is Washington Water Trust legitimate?

Washington Water Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington Water Trust 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: $103,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $921,836

For more financial information, click here


Official website here: www.washingtonwatertrust.org

What is the mission statement of Washington Water Trust?

The Washington Water Trust is a non-profit organization committed to enhancing and safeguarding stream flows and water quality across the state. They employ voluntary, market-based transactions and cooperative partnerships to develop balanced solutions, ensuring the well-being of fish, agriculture, businesses, and wildlife that are crucial for everyone's livelihood. Their aim is to foster an environment where these entities can flourish harmoniously.


Official website here: www.washingtonwatertrust.org

Who is the CEO of Washington Water Trust?

James Kraft is the Executive Director of Washington Water Trust.


Official website here: www.washingtonwatertrust.org

What is the revenue of Washington Water Trust?

Washington Water Trust's revenue in 2022 was $2,863,807.


Official website here: www.washingtonwatertrust.org

Who are the executives of Washington Water Trust and what are their salaries?

The average compensation at Washington Water Trust during 2022 was $64,090. There are 16 employees and 15 volunteers at Washington Water Trust.


Here are 18 key members and their salaries:


Tom Ring (Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Eickhoff (Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Stelle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Skinner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell Bateman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Bambrick (Vpresident; Committee Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christie True (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Mueller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Lothrop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Cronin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
La Trisha Suggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Levin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorri Bodi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sono Hashisaki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Kirkby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Kraft (Executive Director)
  • Compensation: $103,600
  • Related: $0
  • Other: $0
Gregory Mclaughlin (Program Director)
  • Compensation: $103,932
  • Related: $0
  • Other: $2,876
Jason Hatch (Program Director)
  • Compensation: $106,190
  • Related: $0
  • Other: $4,332


Official website here: www.washingtonwatertrust.org

Where can I find the form 990 for Washington Water Trust?

Washington Water Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.washingtonwatertrust.org

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

Mission Statement of Washington Water Trust

The Washington Water Trust is a nonprofit organization committed to enhancing and safeguarding stream flows and water quality across Washington state. By employing voluntary, market-based transactions and establishing collaborative partnerships, this entity seeks to create harmonious solutions that ensure the survival and well-being of fish, agriculture, businesses, and wildlife, all of which are vital to our ecosystem. The Washington Water Trust's mission is centered around striking a balance that fosters the thriving existence of various life forms, from aquatic creatures to agricultural lands, businesses, and wildlife.

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Impact




June, 2024

The Washington Water Trust has a significant impact on improving and protecting stream flows and water quality throughout Washington state. Through voluntary, market-based transactions and cooperative partnerships, the organization creates balanced solutions that benefit fish, agriculture, business, and wildlife. Their efforts contribute to the overall health of ecosystems and support the sustainability of essential resources in the state.




This information is meant to be a general summary of Washington Water Trust. 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
$2,863,807 (2022)
Expenses
$1,763,777 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,461
  • Program Service Revenue: $167,093
  • Gross Receipts: $2,863,807

Assets and Liabilities:

  • Total Assets: $2,333,293
  • Total Liabilities: $700,160
  • Net Assets: $1,633,133

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Programs

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

CONSULTING SERVICES

Revenue

$96,565

WATER RIGHT PROGRAM

Revenue

$70,528

Organization Details

Founding Year

1998

Principal Officer

James Kraft

Main Address

1500 WESTLAKE AVE N SUITE 202, SEATTLE, WA, 98109

NTEE Category

Code: C320 - Environment

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