WABASH RIVER ENHANCEMENT CORPORATIO ATTN STANTON LAMBERT

EIN: 201337591 501(c)(3) Environment

LAFAYETTE, IN

Total Revenue
$3,621,390
Total Expenses
$1,465,963
Total Assets
$10,310,241
Net Assets
$10,137,539
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
IN
Principal Officer
STANTON LAMBERT
Phone
7654208505
Tax Period
2023-01-01 to 2023-12-31

WABASH RIVER ENHANCEMENT CORPORATIO ATTN STANTON LAMBERT, founded in 2004, is a community nonprofit in the Environment sector that reported $3.6M in total revenue in fiscal year 2023. Revenue surged 326% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 60% operating margin.

Mission

TO IMPROVE THE QUALITY OF LIFE IN THE WABASH RIVER CORRIDOR BY PROVIDING SUSTAINABLE OPPORTUNITIES TO IMPROVE HEALTH, RECREATION, EDUCATION, ECONOMIC DEVELOPMENT, AND ENVIRONMENTAL MANAGEMENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,184,261
Program Service Revenue $48,043
Investment Income $73
Other Revenue $389,013
TOTAL REVENUE $3,621,390

Expense Breakdown

Grants Paid $474,940
Salaries & Benefits $230,057
Fundraising Expenses $5,545
Program Expenses $1,355,172
Other Expenses $760,966
TOTAL EXPENSES $1,465,963

Year-over-Year Comparison

2023 2022 Change
Revenue $3,621,390 $850,076 +3.3%
Expenses $1,465,963 $886,768 +0.7%
Net Income $2,155,427 $-36,692 -59.7%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
10
Employees
6
Volunteers
450

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
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM ANDREW DIRECTOR N/A
Director
$0 $0 $0
JOHN COLLIER SECRETARY N/A
Officer Director
$0 $0 $0
ERIN EASTER DIRECTOR N/A
Director
$0 $0 $0
JOHN GAMBS DIRECTOR N/A
Director
$0 $0 $0
JODY HAMILTON DIRECTOR N/A
Director
$0 $0 $0
CLAUDINE LAUFMAN DIRECTOR N/A
Director
$0 $0 $0
KATHRYN LOZANO DIRECTOR N/A
Director
$0 $0 $0
TOM MURTAUGH VICE PRESIDE N/A
Officer Director
$0 $0 $0
TONY ROSWARSKI PRESIDENT N/A
Officer Director
$0 $0 $0
KEN SANDEL DIRECTOR N/A
Director
$0 $0 $0
STANTON LAMBERT EXECUTIVE DI N/A
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
2024 No data No data No data No data
2023 $3,621,390 $1,465,963 $10,310,241 $2,155,427
2022 $850,076 $886,768 $8,171,280 $-36,692
2021 $1,419,428 $1,433,670 $8,389,745 $-14,242
2020 $1,027,945 $937,881 $8,596,875 $90,064
2019 $1,006,913 $677,547 $8,373,924 $329,366
2018 $1,784,185 $639,999 $8,124,359 $1,144,186
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