EIN 83-2740232

Texas Water Trade

IRS 501(c) type
501(c)(3)
Num. employees
6
City
State
Year formed
2018
Most recent tax filings
2023-06-01
Description
Texas Water Trade creates markets for innovative water resiliency projects and harnesses markets and technology to achieve a future of clean, flowing water for all Texans. Twt provides various technical services like appraisals, training, ecological analysis, engineering, hydrological modeling, legal and environmental monitoring to non-profit land and water conservation organizations and governmental agencies.
Total revenues
$2,536,584
2023
Total expenses
$1,331,778
2023
Total assets
$2,318,441
2023
Num. employees
6
2023

Program areas at Texas Water Trade

Texas Water Trade ("twt") provides technical services (appraisals, training, ecological analysis, engineering, hydrological modeling, legal, environmental monitoring) to non-profit land and Water conservation organizations and governmental agencies to support the acquisition and stewardship of Water rights to benefit the natural environment and to create a future of clean, flowing Water for all texans. Twt's work centers on two mechanisms for advancing a vision of sustained Water abundance: educate and provide technical support to governmental and non-profit urban leaders to facilitate investment in net zero Water buildings and subdivisions capable of capturing, treating and returning to the original Water source as much Water as they demand so that new growth increases Texas' reliable Water supply. Provide technical support and funding to facilitate a diverse suite of voluntary Water market transactions-from dry year options to infrastructure participation-to secure healthy flows in Texas rivers while creating supply resilience for other Water users.to advance these goals, twt engages in some or all of the following activities: support organizations capable of pursuing Water transactions for healthy environmental flows -twt transfers technical knowledge related to the legal frameworks of surface Water rights and groundwater rights, hydrological monitoring, and ecological modeling to evaluate the benefit of various contract structures to secure Water and opportunities for Water rights holders who voluntarily participate in environmental flows transactions. Launch the Texas Water market makers program -twt raises funds to create a competitive program for Water conservation organizations who receive sustained technical support, possible grant funding, and possible access to Water transaction funds. Diversify funding resources for flows restoration and protection projects - twt is the go-to organization for philanthropic, state, and federal resources pursuing environmental flows restoration projects in Texas, and works with partners across those sectors to steer existing funds where eligible and to design new funding vehicles as needed. Quarterback market development - twt develops and executes long-range strategies where healthy Water flows depend upon more complex arrangements than land trusts and conservancies can pursue (for example, municipal project participation, Water swaps or banking). Provide trusted project evaluation - twt develops the expertise and brand recognition to become the one-stop shop for evaluating the feasibility and benefit of environmental flows restoration and protection projects in Texas, thereby lowering transaction costs for project sponsors and funders. Set environmental flows restoration and protection targets - twt has set targets for the amount of Water we work to protect or restore by 2030 with the assistance of our advisory council and using the best available science and market analysis. Advance awareness of the Water supply potential of onsite Water resources - twt produces environmental Water informational and analytical tools that capture the imagination of policymakers, developers and community leaders of the enormous potential for onsite Water to be part of the supply solution set for a growing Texas. Accelerate commitments to net zero Water - twt supports high-visibility development projects that tap into onsite Water resources, thereby delivering proofs of concept, working in partnership with governmental entities and communities and the developers and texas-based companies they regulate. Support financial innovations to enable net zero development - twt works with entities administering funding resources such as property assessed clean energy (pace) loans, municipal utility districts (muds), planned unit developments (puds), tax increment financing (tif) districts and municipal bonds to scale capital available for new development to tap into onsite Water resources.

Who funds Texas Water Trade

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Harte Charitable FoundationGeneral Charitable Purposes$375,000
National Fish and Wildlife FoundationConservation Projects$72,415
The Horizon FoundationCharitable Operations$50,000
...and 3 more grants received

Personnel at Texas Water Trade

NameTitleCompensation
Sharlene LeurigChief Executive Officer$198,069
Quinn McCollyConservation Finance Director$131,250
Kristin RodriguezDirector of Development$125,800
Christine RosalesOperations Manager
Anderson BynamTreasurer$0
...and 3 more key personnel

Financials for Texas Water Trade

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,504,879
Program services$11,250
Investment income and dividends$20,561
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-106
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,536,584

Form 990s for Texas Water Trade

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-11990View PDF
2022-062023-05-04990View PDF
2021-062022-05-12990View PDF
2020-062021-05-18990View PDF
2019-062021-01-27990View PDF
Data update history
May 18, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Updated personnel
Identified 2 new personnel
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $10,080 from Communities Foundation of Texas
December 25, 2023
Received grants
Identified 6 new grant, including a grant for $250,000 from Harte Charitable Foundation
Nonprofit Types
Research centersEnvironmental organizationsCharities
Issues
Science and technologyLand and water conservationEnvironment
Characteristics
Conducts researchLobbyingState / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
611 S Congress Ave 125
Austin, TX 78704
Metro area
Austin-Round Rock-Georgetown, TX
County
Travis County, TX
Website URL
texaswatertrade.org/ 
Phone
(512) 846-3075
IRS details
EIN
83-2740232
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C32: Water Resource, Wetlands Conservation and Management
NAICS code, primary
5416: Professional, Scientific, and Technical Services
Parent/child status
Independent
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