Nonprofit · EIN 58-1867958
RIVERLINK INC
Tax-exempt · ASHEVILLE, NC 28801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,647,065 | $1,167,977 | $479,088 | $8,941,347 | $81,917 | $8,859,430 |
| December 31, 2023 | 990 | $1,449,966 | $1,217,623 | $232,343 | $8,388,605 | $161,110 | $8,227,495 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,287,714
- of which government grants
- $111,917
- Program service revenue
- $30,240
- Investment income
- $204,111
- Net gain from sales of assets
- $78,277
- Other revenue
- $125,000
Expenses
- Grants and similar amounts paid
- $172,727
- Compensation of officers, directors and key employees
- $87,443
- Other salaries and wages
- $357,356
- Salaries, compensation and benefits (total)
- $515,958
- Professional fundraising fees
- $0
- Accounting fees
- $15,420
- Occupancy
- $48,283
- Travel
- $10,075
- Depreciation
- $28,412
- Program services (functional)
- $845,625
- Management and general (functional)
- $168,083
- Fundraising (functional)
- $154,269
Balance sheet and other
- Total assets, start of year
- $8,388,605
- Total assets, end of year
- $8,941,347
- Total liabilities, end of year
- $81,917
- Net assets, end of year
- $8,859,430
- Land, buildings and equipment
- $3,349,849
- Publicly traded securities
- $2,637,104
- Net assets without donor restrictions
- $7,981,024
- Net assets with donor restrictions
- $878,406
- Gross receipts
- $1,647,065
- Employees
- 10
- Volunteers
- 390
- Year formed
- 1989
- State of legal domicile
- NC
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 | Other / benefits |
|---|---|---|---|---|
| Lisa Raleigh | Executive Director Officer | 40 | $74,152 | $13,291 |
| Ken Brame | Chair Trustee or director, Officer | 6 | $0 | $0 |
| Eric Hardy | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Eric Michael | Treasurer Trustee or director | 2 | $0 | $0 |
| Jenny Ostendorf | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Roy Harris | Board Member Trustee or director | 1 | $0 | $0 |
| Elizabeth Gullum | Board Member Trustee or director | 1 | $0 | $0 |
| David Feingold | Board Member Trustee or director | 1.5 | $0 | $0 |
| Linda Giltz | Board Member Trustee or director | 1.5 | $0 | $0 |
| Antanette Mosley | Board Member Trustee or director | 1.5 | $0 | $0 |
| Lisa Newman-Wise | Board Member Trustee or director | 1 | $0 | $0 |
| Woody Orris | Board Member Trustee or director | 1 | $0 | $0 |
| Bob Phillips | Board Member Trustee or director | 1 | $0 | $0 |
| Susan Roderick | Board Member Trustee or director | 1 | $0 | $0 |
| John Templeton | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Lisa Raleigh | Executive Director Officer | 40 | $86,427 | $3,293 |
| Doug Baughman | Chair Trustee or director, Officer | 6 | $0 | $0 |
| Ken Brame | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Eric Michael | Treasurer Trustee or director | 2 | $0 | $0 |
| Jenny Ostendorf | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Anne Keller | Board Member Trustee or director | 2 | $0 | $0 |
| Susan Puryear | Board Member Trustee or director | 1 | $0 | $0 |
| David Feingold | Board Member Trustee or director | 1.5 | $0 | $0 |
| Linda Giltz | Board Member Trustee or director | 1.5 | $0 | $0 |
| Eric Hardy | Board Member Trustee or director | 1.5 | $0 | $0 |
| Antanette Mosely | Board Member Trustee or director | 1 | $0 | $0 |
| Roy Harris | Board Member Trustee or director | 1 | $0 | $0 |
| Bob Phillips | Board Member Trustee or director | 1 | $0 | $0 |
| John Templeton | Board Member Trustee or director | 1 | $0 | $0 |
| Elizabeth Gullum | Board Member Trustee or director | 1 | $0 | $0 |
| Woody Orris | Board Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 170 LYMAN ST, ASHEVILLE, NC 28801-4372
- Principal officer (990 for 2024)
- Lisa Raleigh, 170 Lyman St, Asheville, NC 28801
- Signed the 990
- Lisa Raleigh, Executive Director
- Phone
- (828) 252-8474
- Website
- riverlink.org
- Return prepared by
- CORLISS & SOLOMON PLLC
Mission
RiverLink promotes the environmental and economic vitality of the French Broad River and its watershed for all.
Program accomplishments
- Land Conservation: In 2024, our region was significantly impacted by Hurricane Helene. Despite the devastation from the storm, our Land Program completed the annual monitoring of our 24 conservation easements and our 9 fee-simple properties, assessing damage and changes post-Helene. All of our protected properties fared very well in the storm aside from one property we own along the Swannanoa River in East Asheville which experienced significant loss of vegetation. The three fee-simple properties we manage as public parks (or future public parks) handled the flooding extremely well and sustained little to no damage. Karen Cragnolin Park was repaired and back online in a matter of weeks following the storm, future Gateway Park was successfully cleared of debris, and Pearson Park sustained no damage. In addition, we have continued to improve our volunteer program by refining our Public Volunteer Events and creating Sponsored Volunteer Events. These sponsored events cater to larger groups looking for meaningful, team-building activities that give back to the community.Expenses $845,625 · grants $172,727 · revenue $30,240
- Water Quality: In 2024, we completed a high-profile public service campaign titled Reduce Rain Runoff, aimed at raising awareness about the harmful impacts of stormwater runoff on our regions waterways. The campaign was featured across a wide range of platforms, including regional newspapers and magazines, online news outlets, social media, podcasts, and blogs. In total, it garnered over 61 million views and was highlighted in 53 unique media pieces. Our Reduce Roof Runoff project provided Buncombe County residents with tools to manage stormwater runoff on their properties. The project prioritized low-income residents living near impaired streams. Despite delays caused by Tropical Storm Helene, we successfully distributed 133 rain barrels and installed two rain gardens. These installations help capture roof runoff, allowing water to soak into the ground and be naturally filtered on-site.
- Education: In 2024 our education programs continued to provide free and accessible opportunities for students throughout WNC to connect with their environment. Our in-school programming brought aquatic ecology lessons to 33 different schools, engaging a total of 3,455 students. We also ran 5 weeks of summer camp where we explored the watershed with 60 campers, 20% of which were provided with a full scholarship. . After expanding into the afterschool realm in 2023, these programs continued to grow during 2024. In total, we worked with 28 out-of-school organizational partners to provide a mix of long term repeated programs and shorter one-off partnerships for those who couldnt commit to multiple weeks of activities. We connected with 1,233 students through our out-of-school programs during the school year and over the summer.
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
- 58-1867958
- 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
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $8,941,347
- Income (IRS master file)
- $1,647,065
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,647,065 | $1,167,977 | $8,941,347 | XML |
| 990 | December 2023 | $1,449,966 | $1,217,623 | $8,388,605 | XML |
| 990 | December 2022 | $1,002,130 | $862,640 | $7,569,051 | 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 58-1867958).
Questions about RIVERLINK INC
- What is the EIN of RIVERLINK INC?
- The employer identification number (EIN) of RIVERLINK INC is 58-1867958.
- Is RIVERLINK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to RIVERLINK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RIVERLINK 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 RIVERLINK 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 RIVERLINK 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 RIVERLINK INC?
- The 990 for the year ended December 31, 2024 names Lisa Raleigh.
- Who are the officers and directors of RIVERLINK INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $74,152 (Lisa Raleigh, Executive Director).
- How much revenue does RIVERLINK INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,647,065, expenses of $1,167,977 and total assets of $8,941,347 at year end.
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