Skip to main content

Nonprofit · EIN 20-1337591

WABASH RIVER ENHANCEMENT CORP

Tax-exempt · LAFAYETTE, IN 47901

Financials

$3.6M$1.5M2023$4.1M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of WABASH RIVER ENHANCEMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,116,004$2,176,894$1,939,110$12,225,754$215,106$12,010,648
December 31, 2023990$3,621,390$1,465,963$2,155,427$10,310,241$172,702$10,137,539
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,006,837
of which government grants
$3,137,974
Program service revenue
$60,126
Investment income
$35,028
Other revenue
$14,013

Expenses

Grants and similar amounts paid
$78,350
Other salaries and wages
$204,598
Salaries, compensation and benefits (total)
$239,552
Professional fundraising fees
$0
Legal fees
$8,079
Accounting fees
$16,588
Occupancy
$78,201
Travel
$6,466
Depreciation
$126,012
Program services (functional)
$2,079,411
Management and general (functional)
$84,353
Fundraising (functional)
$13,130

Balance sheet and other

Total assets, start of year
$10,310,241
Total assets, end of year
$12,225,754
Total liabilities, end of year
$215,106
Net assets, end of year
$12,010,648
Land, buildings and equipment
$7,161,882
Net assets without donor restrictions
$8,235,610
Net assets with donor restrictions
$3,775,038
Gross receipts
$4,116,004
Employees
5
Volunteers
450
Year formed
2004
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STANTON LAMBERTEXECUTIVE DI
Officer
40$90,648
JOHN COLLIERSECRETARY
Trustee or director, Officer
–$0
ERIN EASTERTREASURER
Trustee or director, Officer
–$0
JOHN GAMBSDIRECTOR
Trustee or director
–$0
JODY HAMILTONDIRECTOR
Trustee or director
–$0
CLAUDINE LAUFMANDIRECTOR
Trustee or director
–$0
KATHRYN LOZANODIRECTOR
Trustee or director
–$0
TOM MURTAUGHVICE PRESIDE
Trustee or director, Officer
–$0
TONY ROSWARSKIPRESIDENT
Trustee or director, Officer
–$0
KEN SANDELDIRECTOR
Trustee or director
–$0
ROLAND WINGERDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
JIM ANDREWDIRECTOR
Trustee or director
–$0
JOHN COLLIERSECRETARY
Trustee or director, Officer
–$0
ERIN EASTERDIRECTOR
Trustee or director
–$0
JOHN GAMBSDIRECTOR
Trustee or director
–$0
JODY HAMILTONDIRECTOR
Trustee or director
–$0
CLAUDINE LAUFMANDIRECTOR
Trustee or director
–$0
KATHRYN LOZANODIRECTOR
Trustee or director
–$0
TOM MURTAUGHVICE PRESIDE
Trustee or director, Officer
–$0
TONY ROSWARSKIPRESIDENT
Trustee or director, Officer
–$0
KEN SANDELDIRECTOR
Trustee or director
–$0
STANTON LAMBERTEXECUTIVE DI
Officer
–$0

Address and contacts

Address (IRS master file)
200 N 2ND ST, LAFAYETTE, IN 47901-1256
In care of
% STANTON LAMBERT
Principal officer (990 for 2024)
STANTON LAMBERT, 200 N 2ND ST, LAFAYETTE, IN 47901
Signed the 990
STANTON LAMBERT, EXECUTIVE DIRECTOR
Phone
(765) 420-8505
Return prepared by
HEMAN LAWSON HAWKS LLP

Mission

TO IMPROVE THE QUALITY OF LIFE IN THE WABASH RIVER CORRIDOR BY PROVIDING SUSTAINABLE OPPORTUNITIES TO IMPROVE HEALTH, RECREATION, EDUCATION, ECONOMIC DEVELOPMENT, AND ENVIRONMENTAL MANAGEMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • IN 2024, WREC CONTINUED TO ADVANCE ITS MISSION TO ENHANCE THE WABASH RIVER CORRIDOR AS FOLLOWS: -WREC COMPLETED IMPLEMENTATION OF A 570K FOLLOW UP (342K/EPA FUNDS AND 228K IN LOCAL MATCH: IN-KIND/FUNDS) -WREC CONTINUED TO PARTNER WITH THE GREATER LAFAYETTE READI REGION IN THE STATE OF INDIANA'S REGIONAL ECONOMIC ACCELERATION, AND DEVELOPMENT INITIATIVE (READI), A REGIONAL ECONOMIC DEVELOPMENT PROGRAM (5.55M IN READI FUNDING FOR THE REGIONAL WABASH RIVER GREENWAY WITH FUNDS TO BE ALLOCATED TO EACH COUNTY FOR ITS WRG PROJECT). THE OVERALL WRG READI FUNDS WILL BE MATCHED LOCALLY BY APPROXIMATELY 16.9M. THE TIPPECANOE COUNTY READI PROJECT WILL CONSTRUCT THE NORTH RIVER ROAD (NRR) TRAIL HEAD PROJECT WHICH CONSISTS OF THE WL SAGAMORE PARKWAY CONNECTOR TRAIL (SOLDIERS HOME RD - WEST LANDING OF THE SAGAMORE PARKWAY VEHICULAR BRIDGE PROTECTED BIKE LANE), A NRR TRAIL HEAD PARKING LOT AND CONNECTOR TRAIL FROM THE PARKING LOT TO THE WL CONNECTOR TRAIL; A CONNECTOR TRAIL ON THE LAFAYETTE SIDE OF THE RIVER CONNECTING FROM THE EAST LANDING OF THE SAGAMORE PARKWAY VEHICULAR BRIDGE PROTECTED BIKE LANE DOWN TO THE EXISTING WABASH RIVER HERITAGE TRAIL; AND A CANOE/KAYAK PUT-IN/TAKE-OUT FACILITY ON NRR. THE TC READI PROJECT WAS ALLOCATED 2.925M OF READI FUNDS AND WAS MATCHED WITH 13.3M OF THE OVERALL LOCAL MATCH FUNDING. -WREC CONTINUED ITS PARTNERSHIP WITH THE CITY OF LAFAYETTE TO COMPLETE THE 2.7M IN DEPT OF NATURAL RESOUCES NEXT LEVEL TRAILS GRANT PROJECT TO CONSTRUCT THE LAFAYETTE SAGAMORE PARKWAY CONNECTOR TRAIL. THE CITY OF LAFAYETTE SEVED AS THE LOCAL GRANTEE FOR THE PROJECT. THE PROJECT CONNECTS TO THE TIPPECANOE COUNTY READI PROJECT. THE PROJECT WAS COMPLETED WITH THE TRAIL OPENING ON OCTOBER 29, 2024. -WREC RECEIVED A 464,500 CONTRIBUTION FROM TIPPECANOE COUNTY TO FUND ROW ENGINEERING AND SERVICES FOR CONTINUING ITS NORTH RIVER ROAD (NRR)ROW ACQUISITION PROGRAM IN SUPPORT OF THE UPCOMING WRG TRAIL PROJECT ALONG NRR. -WREC CONTINUED ITS EDUCATION AND OUTREACH EFFORTS HOSTING THE COMMUNITYY'S POPULAR WABASH RIVERFEST COMMUNITY FESTIVAL, LEADING A GREEN TOUR TO HIGHLIGHT GREEN INFRASTRUCTURE FUNDED THROUGH WREC'S WATERSHED COST SHARE PROGRAM, LEADING BI-ANNUAL WATERSHED WATER SAMPLINGBLITZ EVENTS, AND PARTNERING WITH COMMUNITY ORGANIZATIONS TO HOLD BI-ANNUAL DE-TRASH THE WABASH CLEANUP EVENTS AND INVASIVE PLANT MANAGEMENT WORKDAYS.
    Expenses $2,079,411 · grants $78,350 · revenue $60,126

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-1337591
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C30)
Assets (IRS master file)
$12,225,754
Income (IRS master file)
$4,116,004

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,116,004$2,176,894$12,225,754XML
990December 2023$3,621,390$1,465,963$10,310,241XML
990December 2022$850,076$886,768$8,171,280IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1337591).

Questions about WABASH RIVER ENHANCEMENT CORP

What is the EIN of WABASH RIVER ENHANCEMENT CORP?
The employer identification number (EIN) of WABASH RIVER ENHANCEMENT CORP is 20-1337591.
Is WABASH RIVER ENHANCEMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to WABASH RIVER ENHANCEMENT CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WABASH RIVER ENHANCEMENT CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WABASH RIVER ENHANCEMENT CORP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WABASH RIVER ENHANCEMENT CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WABASH RIVER ENHANCEMENT CORP?
The 990 for the year ended December 31, 2024 names STANTON LAMBERT.
Who are the officers and directors of WABASH RIVER ENHANCEMENT CORP?
The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $90,648 (STANTON LAMBERT, EXECUTIVE DI).
How much revenue does WABASH RIVER ENHANCEMENT CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,116,004, expenses of $2,176,894 and total assets of $12,225,754 at year end.

Other nonprofits in LAFAYETTE

All nonprofits in LAFAYETTE · Indiana · Environment