EIN 85-2636910

Water Finance Exchange

IRS 501(c) type
501(c)(3)
Num. employees
4
Year formed
2020
Most recent tax filings
2023-12-01
Description
Water Finance Exchange's objective is to significantly increase funding solutions in the US water, wastewater and stormwater systems, with emphasis on rural and disadvantaged communities. They facilitate investment and build self-supporting networks by partnering with smaller communities, assembling needed expertise, building trusted relationships and providing resources for project selection, design and funding. Based in Washington DC.
Total revenues
$2,807,340
2023
Total expenses
$1,457,275
2023
Total assets
$4,684,372
2023
Num. employees
4
2023

Program areas at Water Finance Exchange

Pipeline development. Wfx provided communities with the best network of resources to help them select, design, and fund projects that meet their local priorities. By focusing on communities that lack the necessary funding and do not have access to capital markets, wfx connects communities in need with the technical expertise and targeted financial resources currently unavailable to help address their Water infrastructure issues.
Partnership development (facilitate investment and build self-supporting networks). Wfx believes that it can support the efforts of smaller communities to access funding by assembling the needed expertise, build trusted relationships with communities, complete projects, and learn and disseminate information about recurring issues and solutions that allow for scaling-up funding of similarly situated communities and regional initiatives that would otherwise be unavailable. Wfx will continue to serve as a national platform to accelerate the adoption of best practices, increase the ability of smaller communities to access financing, and close the Water infrastructure equity gap for small and rural communities.
Project development. Wfx does not intend to be a primary funder of Water infrastructure; rather, its Finance activities are narrowly designed to fill community gaps that are preventing full financing from occurring. Wfx connects communities to the right expertise and accessible financial resources which help to support pre-development and de-risk projects.

Who funds Water Finance Exchange

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Cynthia & Geo Mitchell Foundation (CGMF)To Implement Sustainable Water Infrastructure Systems in Texas$150,000
Global Water ChallengeMississippi Workshop$25,000

Personnel at Water Finance Exchange

NameTitleCompensation
Brendan McGinnisTreasurer$0
Usha Rao-MonariBoard Member$0
Fhenry HabichtPresident and Ex Director / President and Executive Director$150,000
Josh ClementDirector of Programs and Development
Brent FewellSecretary$0
...and 2 more key personnel

Financials for Water Finance Exchange

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,745,055
Program services$8,210
Investment income and dividends$54,075
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,807,340

Form 990s for Water Finance Exchange

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990View PDF
2022-122023-05-12990View PDF
2021-122022-04-27990View PDF
2020-122021-05-24990View PDF
Data update history
August 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 25, 2024
Used new vendors
Identified 1 new vendor, including
July 12, 2024
Used new vendors
Identified 1 new vendor, including
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $105,000 from Cynthia & Geo Mitchell Foundation (CGMF)
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Global Water Challenge
Nonprofit Types
Research centersEnvironmental organizationsCharities
Issues
Science and technologyLand and water conservationEnvironment
Characteristics
Conducts researchTax deductible donationsAccepts online donations
General information
Address
1455 Pennsylvania Ave NW 400
Washington, DC 20004
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
waterfx.org/ 
Phone
(618) 806-6864
IRS details
EIN
85-2636910
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
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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