Water & Wastewater Equipment

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1908

Legal Domicile

Phone

7034441777

Tax Period

2024-01-01 to 2024-12-31

Water & Wastewater Equipment, founded in 1908, is a small nonprofit that reported $840K in total revenue in fiscal year 2024. Expenses of $935K exceeded revenue, resulting in a 11% operating deficit.

Mission

The mission of Water & Wastewater Equipment Manufacturers Association, Inc. (WWEMA) is to inform, educate and provide leadership on the issues that shape the future of the water and wastewater industry.

Program Service Accomplishments

Program 1

WWEMA represents the interests of North American businesses that manufacture products sold to the potable water and wastewater treatment industries.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $797,928

Investment Income $36,227

Other Revenue $6,226

TOTAL REVENUE $840,381

Expense Breakdown

Grants Paid $0

Salaries & Benefits $503,167

Fundraising Expenses $0

Other Expenses $431,845

TOTAL EXPENSES $935,012

Year-over-Year Comparison

	2024	2023	Change
Revenue	$840,381	$846,569	0.0%
Expenses	$935,012	$742,470	+0.3%
Net Income	$-94,631	$104,099	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$245,789

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Claudio Ternieden	SecretaryExecutive Director	40.00	Officer	$212,500	$33,289	$245,789
Bill Decker	Immediate Past Chair	2.00	Officer Director	$0	$0	$0
Henk-Jan Van Ettekoven	Chair	2.00	Officer Director	$0	$0	$0
Jay Conroy	Chair-Elect	2.00	Officer Director	$0	$0	$0
Thomas McCurdy	Vice Chair	2.00	Officer Director	$0	$0	$0
Michelle McNish	Treasurer	2.00	Officer Director	$0	$0	$0
Adam Bates	Director	2.00	Director	$0	$0	$0
Ron Dollar	Director	2.00	Director	$0	$0	$0
Fritz Egger	Director	2.00	Director	$0	$0	$0
Richard Ercolini	Director	2.00	Director	$0	$0	$0
William Flores	Director	2.00	Director	$0	$0	$0
Jon Forrest	Director	2.00	Director	$0	$0	$0
Robert Jeyaseelan	Director	2.00	Director	$0	$0	$0
Fred Siino	Director	2.00	Director	$0	$0	$0
Chris Thomson	Director	2.00	Director	$0	$0	$0
James Horton	Director	2.00	Director	$0	$0	$0
TJ Truxillo	Director	2.00	Director	$0	$0	$0
Mark Turpin	Director	2.00	Director	$0	$0	$0
Francisco Alvidrez	Director	2.00	Director	$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
2024	$840,381	$935,012	$1,630,225	$-94,631
2023	$846,569	$742,470	$1,257,956	$104,099
2022	$689,467	$723,947	$1,282,551	$-34,480
2021	$585,724	$615,293	$1,375,284	$-29,569
2020	$517,778	$552,048	$1,216,830	$-34,270
2019	$593,010	$657,744	$1,235,125	$-64,734
2018	$682,170	$636,087	$1,204,966	$46,083