Nonprofit · EIN 21-0649717
WATERSHED INSTITUTE INC
Tax-exempt · PENNINGTON, NJ 08534
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,736,143 | $5,170,409 | $565,734 | $33,960,882 | $203,591 | $33,757,291 |
| December 31, 2023 | 990 | $3,918,492 | $4,815,095 | -$896,603 | $33,343,202 | $577,425 | $32,765,777 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,577,814
- of which government grants
- $82,560
- Program service revenue
- $433,233
- Investment income
- $1,470,527
- Net rental income
- $78,384
- Net gain from sales of assets
- $901,379
- Net income from fundraising events
- $143,416
- Net income from sales of inventory
- $32,769
- Other revenue
- $254,569
Expenses
- Grants and similar amounts paid
- $607,973
- Other salaries and wages
- $2,397,571
- Salaries, compensation and benefits (total)
- $3,037,936
- Professional fundraising fees
- $0
- Depreciation
- $369,294
- Program services (functional)
- $4,346,087
- Management and general (functional)
- $422,443
- Fundraising (functional)
- $401,879
Balance sheet and other
- Total assets, start of year
- $33,343,202
- Total assets, end of year
- $33,960,882
- Total liabilities, end of year
- $203,591
- Net assets, end of year
- $33,757,291
- Land, buildings and equipment
- $13,441,769
- Publicly traded securities
- $18,893,803
- Net assets without donor restrictions
- $11,418,929
- Net assets with donor restrictions
- $22,338,362
- Gross receipts
- $5,877,764
- Employees
- 82
- Volunteers
- 1,598
- Year formed
- 1949
- State of legal domicile
- NJ
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES WALTMAN | EXECUTIVE DIRECTOR Officer | 40 | $143,478 |
| SOPHIE GLOVIER | CHIEF OF STRATEGY AND PROGRAM Officer | 40 | $108,160 |
| PANKHOORI GUPTA | SENIOR DIRECTOR OF FINANCE AND OPERATIONS Officer | 40 | $35,916 |
| DANIELLE BENTSEN | TRUSTEE Trustee or director | 1 | $0 |
| ROB CONNOR | TRUSTEE Trustee or director | 1 | $0 |
| ROB BERNESS | TRUSTEE Trustee or director | 1 | $0 |
| MARK BRAHANEY | TRUSTEE Trustee or director | 1 | $0 |
| SILVIA STRAUSS DEBENEDETTI | TRUSTEE Trustee or director | 1 | $0 |
| GER BROPHY | TRUSTEE Trustee or director | 1 | $0 |
| JENNIFER DUFFY | TRUSTEE Trustee or director | 1 | $0 |
| ANNE CATENA | TRUSTEE Trustee or director | 1 | $0 |
| ERIC DUTAUD | TRUSTEE Trustee or director | 1 | $0 |
| PAULA FIGUEROA-VEGA | TRUSTEE Trustee or director | 1 | $0 |
| MEG GORRIE | TRUSTEE EMERITUS Trustee or director | 1 | $0 |
| KURT SCHULTE | TRUSTEE Trustee or director | 1 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAMON MISSOURI | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTINA OVERMAN | TRUSTEE Trustee or director | 1 | $0 |
| MARY REECE | TRUSTEE Trustee or director | 1 | $0 |
| PETER TOVAR | TRUSTEE Trustee or director | 1 | $0 |
| JACQUELINE ROOKE | TRUSTEE Trustee or director | 1 | $0 |
| WILLIAM WILSON | TRUSTEE Trustee or director | 1 | $0 |
| CAROLYN SANDERSON | TRUSTEE Trustee or director | 1 | $0 |
| SUSANNAH WISE | TRUSTEE Trustee or director | 1 | $0 |
| BARBIE GRIFFIN COLE | CHAIR Officer | 1 | $0 |
| SHEFALI SHAH | VICE CHAIR Officer | 1 | $0 |
| ENRIQUE CURCHITSER | SECRETARY Officer | 1 | $0 |
| ARI SOROKEN | TREASURER Officer | 1 | $0 |
| MAGGIE KELLY NO SALARY IN 2024 | SENIOR DIRECTOR OF ADVANCEMENT Officer | 40 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN WALSH | CHIEF OF FINANCE AND ADMIN Highest-paid employee | 40 | $111,322 | $26,394 |
| SOPHIE GLOVIER | CHIEF OF OPERATIONS Highest-paid employee | 40 | $104,998 | $26,394 |
| JENNY ANN KERSHNER | DEVELOPMENT DIRECTOR Highest-paid employee | 40 | $103,532 | $21,521 |
| SEE ATTACHED LIST | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 31 TITUS MILL RD, PENNINGTON, NJ 08534-4303
- Signed the 990
- JAMES WALTMAN, EXECUTIVE DIRECTOR
- Phone
- (609) 737-3735
- Website
- WWW.THEWATERSHED.ORG
- Return prepared by
- BOWMAN & COMPANY LLP
Mission
KEEPING WATER CLEAN, SAFE AND HEALTHY IS THE HEART OF OUR MISSION. WE WORK TO PROTECT AND RESTORE OUR WATER AND NATURAL ENVIRONMENT IN CENTRAL NEW JERSEY THROUGH CONSERVATION, ADVOCACY, SCIENCE AND EDUCATION. IT ADDRESSES KEY ISSUES AFFECTING WATER QUALITY AND LAND USE, EDUCATES AREA RESIDENTS ABOUT THE ECOLOGY OF THE NATURAL ENVIRONMENT AND PRESERVES OPEN SPACE BY MAINTAINING A 950-ACRE NATURE RESERVE AND ORGANIC FARM.
Program accomplishments
- A) SCIENCE - SCIENCE IS AT THE HEART OF THE WATERSHED INSTITUTE'S ENVIRONMENTAL LEADERSHIP. ACROSS THE REGION, WE COLLECT KEY DATA ON THE HEALTH OF OUR STREAMS AND ON OTHER ENVIRONMENTAL FACTORS. WE DISTRIBUTE THE INFORMATION TO CITIZENS AND OFFICIALS IN CENTRAL NEW JERSEY, AND WORK WITH THEM TO ADDRESS POLLUTION OF OUR WATER SUPPLIES AND WATERWAYS. OUR GEOGRAPHIC INFORMATION SYSTEM COMBINES SCIENTIFIC DATA WITH MAPPING SYSTEMS TO HELP LOCAL GOVERNMENTS AND CITIZENS UNDERSTAND THE ENVIRONMENTAL ISSUES FACING OUR COMMUNITIES AND HELP PLAN FOR A BETTER FUTURE. B) ADVOCACY - FOR SEVEN DECADES, THE WATERSHED INSTITUTE HAS LED THE FIGHT TO PRESERVE OUR REGION'S WATER AND LAND. WE ENGAGE LOCAL AND STATE OFFICIALS, URGING THEM TO STRENGTHEN ENVIRONMENTAL PROTECTIONS, IMPROVE PLANNING AND ZONING, AND MAKE BETTER INFORMED DECISIONS ABOUT OUR FUTURE. WE WORK COOPERATIVELY WITH LOCAL TOWNS THROUGH OUR PROJECT FOR MUNICIPAL EXCELLENCE, AND SPEAK OUT AGAINST DEVELOPMENT PROPOSALS THAT WOULD HARM THE LOCAL ENVIRONMENT AND OUR QUALITY OF LIFE.Expenses $1,902,458 · grants $607,973
- EDUCATION - THE WATERSHED INSTITUTE SERVES MORE THAN 10,000 CHILDREN AND ADULTS THROUGH NEARLY 400 EDUCATION PROGRAMS AND EVENTS EACH YEAR. OUR PROGRAMS INSPIRE AN APPRECIATION OF THE WONDERS OF NATURE AND EXPLAIN WHAT WE CAN DO TO PROTECT OUR ENVIRONMENT. OUR TEACHER WORKSHOPS TRAIN EDUCATORS TO INCORPORATE THE ENVIRONMENT INTO THEIR CURRICULUMS, WHILE ADULT EDUCATION PROGRAMS TEACH STRATEGIES TO REDUCE THE ENVIRONMENTAL IMPACTS OF YOUR HOME AND BUSINESS. AT OUR NATURE CENTER, YOU WILL DISCOVER AN ASSORTMENT OF EXHIBITS AND A COLLECTION OF SMALL CREATURES. SURROUND YOURSELF WITH BUTTERFLIES (IN SEASON) AT THE KATE GORRIE MEMORIAL BUTTERFLY HOUSE.Expenses $1,199,768
- CONSERVATION - FROM OUR 950-ACRE WATERSHED RESERVE IN HOPEWELL TO LOCATIONS ACROSS THE REGION, VOLUNTEERS AND STAFF ARE ENGAGED IN PROJECTS THAT PROTECT AND RESTORE NATURAL HABITATS. WE HAVE ALSO HELPED FOSTER OTHER IMPORTANT REGIONAL ORGANIZATIONS OVER THE YEARS. IN THE 1980'S, WE HELPED LAUNCH THE D&R GREENWAY LAND TRUST AND THE NORTHEAST ORGANIC FARMING ASSOCIATION OF NEW JERSEY. OUR WATERSHED RESERVE HOSTS FAIRGROWN ORGANIC FARM. THROUGH OUR WATERSHED INSTITUTE, WE HELP BUILD OTHER WATERSHED GROUPS ACROSS THE STATE.Expenses $1,243,861
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 21-0649717
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1953
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C600)
- Assets (IRS master file)
- $33,960,882
- Income (IRS master file)
- $5,877,764
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,736,143 | $5,170,409 | $33,960,882 | IRS |
| 990 | December 2023 | $3,918,492 | $4,815,095 | $33,343,202 | XML |
| 990 | December 2022 | $5,202,568 | $4,586,424 | $31,810,080 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 21-0649717).
Questions about WATERSHED INSTITUTE INC
- What is the EIN of WATERSHED INSTITUTE INC?
- The employer identification number (EIN) of WATERSHED INSTITUTE INC is 21-0649717.
- Is WATERSHED INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1953.
- Are donations to WATERSHED INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERSHED INSTITUTE 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 WATERSHED INSTITUTE 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 WATERSHED INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of WATERSHED INSTITUTE INC?
- The 990 for the year ended December 31, 2024 lists 28 people; 3 received compensation from the organization, the highest $143,478 (JAMES WALTMAN, EXECUTIVE DIRECTOR).
- How much revenue does WATERSHED INSTITUTE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,736,143, expenses of $5,170,409 and total assets of $33,960,882 at year end.
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