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Nonprofit · EIN 20-5583324

UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC

Also known as PETER C MADDEN

Tax-exempt · GREENVILLE, SC 29601

Financials

$19.5M$27.1M2023$10.2M$29.6M2024
Revenue Expenses · by fiscal year end
Financials of UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,178,279$29,581,731-$19,403,452$292,534,043$9,286,166$283,247,877
December 31, 2023990$19,543,568$27,141,818-$7,598,250$300,985,916$10,639,473$290,346,443
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$15,068,661
of which government grants
$11,067,846
Program service revenue
$0
Investment income
-$5,392,891
Net gain from sales of assets
-$5,625,928
Other revenue
$502,509

Expenses

Grants and similar amounts paid
$20,677,663
Compensation of officers, directors and key employees
$1,806,305
Other salaries and wages
$2,310,648
Salaries, compensation and benefits (total)
$4,941,067
Professional fundraising fees
$0
Legal fees
$112,262
Accounting fees
$37,696
Occupancy
$467,502
Travel
$200,910
Depreciation
$1,317,833
Program services (functional)
$27,842,771
Management and general (functional)
$1,738,960

Balance sheet and other

Total assets, start of year
$300,985,916
Total assets, end of year
$292,534,043
Total liabilities, end of year
$9,286,166
Net assets, end of year
$283,247,877
Land, buildings and equipment
$7,634
Publicly traded securities
$172,645,760
Net assets without donor restrictions
$6,853,779
Net assets with donor restrictions
$276,394,098
Gross receipts
$28,569,845
Employees
15
Volunteers
15
Year formed
2006
State of legal domicile
DE

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 / weekCompensationOther / benefits
Peter MaddenCEO Secretary
Trustee or director, Officer
40$456,094$65,463
Peter StangelChief Development Officer
Officer
40$348,263$51,948
Alicia CramerChief Operating Officer
Key employee
40$296,300$48,225
Joie MorChief Financial Officer
Officer
40$230,946$52,330
Matthew KrumenauerVice President
Key employee
40$244,129$26,854
Michael GoergenVice President
Key employee
40$230,573$18,686
Jaime DanielFinance Director
Highest-paid employee
40$139,038$40,358
Laura GarnerDevelopment Director
Highest-paid employee
40$144,441$11,640
Teal EdelenDirector, Forests
Highest-paid employee
40$130,654$14,372
Aleta RogersDirector, Grants & Contracts Compliance
Highest-paid employee
40$127,669$14,044
Chris McIverChairman
Trustee or director, Officer
1$0$0
Mark ReedVice-Chair
Trustee or director, Officer
1$0$0
Rehad Paul HossainVice-Chair
Trustee or director, Officer
1$0$0
Adrian BlockerDirector
Trustee or director
1$0$0
Anna TormaDirector
Trustee or director
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
Beatriz Da CunhaDirector
Trustee or director
1$0
Cris StainbrookDirector
Trustee or director
1$0
Deborah SpaldingDirector
Trustee or director
1$0
Fritz MasonDirector
Trustee or director
1$0
Jo-Ellen DarcyDirector
Trustee or director
1$0
Joshua RaglinDirector
Trustee or director
1$0
Maro ImirizanDirector
Trustee or director
1$0
Solie KilpiDirector
Trustee or director
1$0
William CrawfordDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
Peter MaddenCEO Secretary
Trustee or director, Officer
40$435,910$70,435
Peter StangelChief Operating Officer
Officer
40$331,496$58,042
Alicia CramerSenior Vice President
Key employee
40$284,167$50,158
Michael GoergenVice President
Key employee
40$257,185$28,290
Matthew KrumenauerVice President
Key employee
40$235,151$25,867
Joie MorChief Financial Officer
Officer
40$205,258$54,700
Jaime DanielFinance Director
Highest-paid employee
40$133,560$40,099
Teal EdelenProgram Officer
Highest-paid employee
40$124,034$13,644
Aleta RogersDirector, Grants & Contracts Compliance
Highest-paid employee
40$121,226$13,335
Laura GarnerDevelopment Director
Highest-paid employee
40$105,834$11,642
Chris McIverVice Chair
Trustee or director, Officer
1$0$0
Kevin SchuylerTreasurer
Trustee or director, Officer
1$0$0
Mark EmmersonChairman
Trustee or director, Officer
2$0$0
Adrian BlockerDirector
Trustee or director
1$0$0
Anna TormaDirector
Trustee or director
1$0$0
Beatriz Da CunhaDirector
Trustee or director
1$0$0
Caroline DauzatDirector
Trustee or director
1$0$0
Cris StanbrookDirector
Trustee or director
1$0$0
Fritz MasonDirector
Trustee or director
1$0$0
Jo-Ellen DarcyDirector
Trustee or director
1$0$0
Joshua RaglinDirector
Trustee or director
1$0$0
Mark ReedDirector
Trustee or director
1$0$0
Maro ImirzianDirector
Trustee or director
1$0$0
Rehad (Paul) HossainDirector
Trustee or director
1$0$0
Soile KilpiDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
10 S ACADEMY ST STE 101, GREENVILLE, SC 29601-2632
In care of
% PETER C MADDEN
Principal officer (990 for 2024)
Peter C Madden, 10 S Academy St STE 101, Greenville, SC 29601
Signed the 990
Peter C Madden, President/CEO
Phone
(864) 233-7646
Return prepared by
Forvis Mazars LLP

Mission

THE ENDOWMENT WORKS COLLABORATIVELY WITH PARTNERS IN THE PUBLIC AND PRIVATE SECTORS TO ADVANCE SYSTEMIC, TRANSFORMATIVE, AND SUSTAINABLE CHANGE FOR THE HEALTH AND VITALITY OF THE NATION'S WORKING FORESTS AND FOREST RELIANT COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • The Endowment advances its mission using a "theory of change" that focuses on three areas: retaining and restoring healthy working forests; promoting and capturing multiple value streams using market-based tools; and enhancing community capacity, collaboration, and leadership. The Endowment deploys its work through five primary initiatives, each of which supports several programs or projects. I. Ecosystem Markets: Monetizing non-traditional forest products. The Endowment continues a focus on water as an ecosystem market. The Endowment is partially funding coordinators across the country who work with local partners to seek State Revolving Fund loans for forested watershed protection and management, which will help keep drinking water supplies clean and affordable. The Endowment is also exploring opportunities for biodiversity credits for landowners as another source of revenue that will contribute to conservation goals. II. Forest Retention and Health: Retaining/expanding and ensuring health of forests. This is a wide-ranging initiative that includes serving as cross-border convener for more strategic collaboration between Canada and the U.S. Other work includes corporate partnerships to protect bottomland hardwood forests, the Department of Defense's base buffering program and innovative financing approaches for forest management and retention. Each is designed to aid in retention and restoration of healthy working forests. A corporate partnership provides funding for conservation of high-value bottomland hardwood forests in North Carolina and Virginia; this program is a model for public-private partnerships. The Endowment works with local conservation partners to take advantage of USDA funds through the Natural Resources Conservation Service. Their Regional Conservation Partnership Program awards finance conservation easements that protect forests that are important for the environment and that sustain local jobs and economies. III. Traditional Markets: After successful work that led to the creation of two commodity check-offs - Softwood Lumber Board and Paper & Paper-based Packaging Board -- more recent work has included supporting initiatives to advance public understanding of the benefits of working forests and the role they play in climate solutions. We are also continuing to develop blockchain solutions through a program called ForesTrust, which seeks to track the supply chain of timber and forest products from forests to end-product, which helps alleviate issues involving illegal logging. IV. Future Markets: The Endowment is partnering with the USDA Forest Service and emerging producers to advance commercialization of cellulosic nanomaterials. This multi-year initiative engages partners to fill knowledge gaps facilitating new products and applications while placing a primary interest on ensuring human and environmental health and safety. Work continues to advance mass timber applications to support tall wooden buildings, including advancing the carbon story of forest products. The Endowment is investigating potential benefits and concerns associated with forest carbon. In response to an increase in public and private investment in carbon management and climate smart forestry on private forest lands, the Endowment is funding programs and workshops to better understand and quantify landowner capacity and willingness to adopt carbon management practices and the implications for other forest land uses (e.g., wood products). Through the US Biochar Initiative project, we work with partners to increase applications, market, and production of biochar with the ultimate goal of carbon being buried in the ground, allowing carbon credits to be realized. The Forest & Wood Carbon Data Platform launch in 2023 created a single U.S. Department of Agriculture (USDA)-sponsored platform with multiple user-friendly tools providing transparent, high-integrity forest and wood product carbon data throughout the value chain. The platform will include six measurement, monitoring, reporting, and verification (MMRV) tools that align with a U.S. Forest Service (USFS) objective to serve as the primary source of information on carbon and carbon flows across U.S. Forest lands, harvested wood products, and end-use life cycle assessment. V. Asset Creation: We continue to support forest landowners in partnership with the USDA Forest Service and other partners, across nine states, to move their lands into the forest management pipeline. We continue to work in New England in partnership with the Northern Forest Center to assist in finding local economic solutions to help offset the impact of the closure of much of the region's pulp and paper production.
    Expenses $27,842,771 · grants $20,677,663 · revenue -$488,492

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
20-5583324
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
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C34)
Assets (IRS master file)
$292,534,043
Income (IRS master file)
$28,569,845

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,178,279$29,581,731$292,534,043IRS
990-TDecember 2024–––IRS
990December 2023$19,543,568$27,141,818$300,985,916XML
990-TDecember 2023–––IRS
990December 2022$14,930,721$22,485,796$283,124,174IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 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 20-5583324).

Questions about UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC

What is the EIN of UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC?
The employer identification number (EIN) of UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC is 20-5583324.
Is UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC 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 UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC 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 UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC 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 UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC?
The 990 for the year ended December 31, 2024 names Peter C Madden.
Who are the officers and directors of UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC?
The 990 for the year ended December 31, 2024 lists 24 people; 10 received compensation from the organization, the highest $456,094 (Peter Madden, CEO Secretary).
How much revenue does UNITED STATES ENDOWMENT FORFORESTRY AND COMMUNITIES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,178,279, expenses of $29,581,731 and total assets of $292,534,043 at year end.

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