SALEM SOUND 2000 INC

EIN: 043354518 501(c)(3) Environment

SALEM, MA

Total Revenue
$647,366
Total Expenses
$566,229
Total Assets
$1,021,763
Net Assets
$990,105
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MA
Principal Officer
CAROLE MCCAULEY
Phone
9787417900
Tax Period
2024-07-01 to 2025-06-30

SALEM SOUND 2000 INC, founded in 1996, is a small nonprofit in the Environment sector that reported $647K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $566K left a modest 13% surplus.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROTECT AND IMPROVE THE ENVIRONMENT QUALITY OF SALEM SOUND AND ITS WATERSHED.

Program Service Accomplishments

Program 1
Expenses: $60,000 Revenue: $60,000

AS REGIONAL SERVICE PROVIDER FOR THE MASSACHUSETTS BAYS NATIONAL ESTUARY PROGRAM (MBP) SALEM SOUND COASTWATCH ASSISTED MBP IN THE IMPLEMENTATION OF THE CCMP AND WORK PLANS WITH THE FOLLOWING...

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AS REGIONAL SERVICE PROVIDER FOR THE MASSACHUSETTS BAYS NATIONAL ESTUARY PROGRAM (MBP) SALEM SOUND COASTWATCH ASSISTED MBP IN THE IMPLEMENTATION OF THE CCMP AND WORK PLANS WITH THE FOLLOWING PRIORITIES: 1. REDUCE BACTERIAL CONTAMINATION IN SALEM SOUND 2. PROTECT AND RESTORE EELGRASS HABITATS 3. ENHANCE UNDERSTANDING OF THE TRANSPORT, POPULATION DYNAMICS, AND IMPACTS OF INVASIVE SPECIES 4. PREPARE FOR AND UNDERSTAND THE POTENTIAL IMPACTS OF CLIMATE CHANGE AND SEA LEVEL RISE ON COASTAL ECOSYSTEMS AND COMMUNTIES AND ENHANCE EDUCATION AND ADAPTATION EFFORTS 5. PROTECT AND RESTORE EMERGENT WETLAND HABITATS (IMPROVE CONDITION OF SALT MARSH WITH BUFFER HABITAT IMPROVEMENTS, TIDAL RESTRICTIONS, PROTECTION)

Program 2
Expenses: $102,810 Revenue: $102,810

SALEM SOUND COASTWATCH HAS A GRANT FROM COSTAL HABITAT AND WATER QUALITY GRANT FROM MASSACHUSETTS OFFICE OF COSTAL ZONE MANAGEMENT TO COMPLETE THE "NORTH RIVER RAIN GARDENS CASE STUDY". THE NORTH...

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SALEM SOUND COASTWATCH HAS A GRANT FROM COSTAL HABITAT AND WATER QUALITY GRANT FROM MASSACHUSETTS OFFICE OF COSTAL ZONE MANAGEMENT TO COMPLETE THE "NORTH RIVER RAIN GARDENS CASE STUDY". THE NORTH RIVER RAIN GARDENS WERE BUILT AT COMMERCIAL STREET, UNDER SALEM'S NORTH RIVER LOW IMPACT DEVELOPMENT RETROFIT PROJECT- CPR ENV13 CZM02(DESIGN) AND CPR ENV15 CXM01 (CONSTRUCTION). SALEM SOUND COASTWATCH HAS BEEN A PARTNER IN THIS PROJECT FROM THE BEGINNING AND CONTINUES TO PROMOTE AND MAINTAIN THESE RAIN GARDENS. THE CAPACITY BUILDING PROJECT DEVELOPED THREE ONLINE PRODUCTS THAT SHOWCASE THE NORTH RIVER RAIN GARDENS' SUCCESS: AN EXECUTIVE SUMMARY, AN ERSI STORY MAP, AND 2 VIDEOS IN ENGLISH AND SPANISH AS WELL AS THE CHALLENGES AND LESSONS LEARNED. THESE PRODUCTS PROMOTE THE USE OF STORMWATER GREEN INFRASTRUCTURE IN URBAN AND COSTAL AREAS TO INCREASE EQUITY AND ACCESS TO CLEAN COSTAL WATERS AND ASSOCIATED USES ACROSS THE COMMONWEALTH.

Program 3
Expenses: $28,579 Revenue: $28,579

SALEM SOUND COASTWATCH RECEIVED A MS4 MUNICIPAL GRANT FROM THE MASSACHUSETTS DEPARTMENT OF ENVIRONMENTAL PROTECTION TO RESEARCH STARTEGIES THAT WOULD RESULT IN BEHAVIORAL CHANGES TO REDUCE STORMWATER...

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SALEM SOUND COASTWATCH RECEIVED A MS4 MUNICIPAL GRANT FROM THE MASSACHUSETTS DEPARTMENT OF ENVIRONMENTAL PROTECTION TO RESEARCH STARTEGIES THAT WOULD RESULT IN BEHAVIORAL CHANGES TO REDUCE STORMWATER POLLUTION FROM PET WASTE IN PUBLIC AREAS AND NEAR DRINKING WATER RESOURCES. SALEM SOUND COASTWATCH CONDUCTED COMMUNITY-BASED SOCIAL MARKETING RESEARCH CONSISTING OF A SERIES OF INTERVIEWS AND MAPPING TO GUIDE PIOLET STRATEGIES TO COMBAT DOG WASTE AND IMPROVE THE EFFECTIVENESS OF MS4 STORMWATER OUTREACH AND EDUCATION.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $356,086
Program Service Revenue $260,097
Investment Income $19,089
Other Revenue $12,094
TOTAL REVENUE $647,366

Expense Breakdown

Grants Paid $0
Salaries & Benefits $444,706
Fundraising Expenses $17,513
Program Expenses $533,744
Other Expenses $121,523
TOTAL EXPENSES $566,229

Year-over-Year Comparison

2024 2023 Change
Revenue $647,366 $764,758 -0.2%
Expenses $566,229 $590,205 0.0%
Net Income $81,137 $174,553 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
10
Volunteers
300

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GILLIAN ANDREWS DIRECTOR 1.00
Director
$0 $0 $0
TAMMY BRODIE DIRECTOR 1.00
Director
$0 $0 $0
DAVID CALDWELL DIRECTOR 1.00
Director
$0 $0 $0
TARA DUFF DIRECTOR 1.00
Director
$0 $0 $0
JACK NESSEN DIRECTOR 1.00
Director
$0 $0 $0
ALAN M YOUNG DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE DEUEL DIRECTOR 1.00
Director
$0 $0 $0
REBECCA DUPONT-COUTU PRESIDENT 3.00
Officer
$0 $0 $0
CAROLE MCCAULEY TREASURER 1.00
Officer
$0 $0 $0
ROBERT BUCHSBAUM CLERK 1.00
Officer
$0 $0 $0
MARTHA BEDNARZ VICE PRESIDENT 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $647,366 $566,229 $1,021,763 $81,137
2024 $764,758 $590,205 $927,909 $174,553
2023 $585,687 $528,984 $743,920 $56,703
2022 $490,737 $471,644 $473,290 $19,093
2021 $433,255 $381,952 $447,656 $51,303
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