THE WETLANDS INITIATIVE

EIN: 363942451 501(c)(3) Environment

CHICAGO, IL

Total Revenue
$3,465,450
Total Expenses
$2,723,493
Total Assets
$12,709,496
Net Assets
$12,156,442
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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
IL
Principal Officer
PAUL BOTTS
Phone
3129220777
Tax Period
2024-01-01 to 2024-12-31

THE WETLANDS INITIATIVE, founded in 1994, is a community nonprofit in the Environment sector that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $742K, a strong 21% operating margin.

Mission

TO RESTORE THE WETLAND RESOURCES OF THE MIDWEST TO IMPROVE WATER QUALITY, INCREASE WILDLIFE HABITAT AND BIODIVERSITY, AND REDUCE FLOOD DAMAGE. THE WETLANDS INITIATIVE SEEKS TO CONDUCT AND SUPPORT HIGH-QUALITY RESTORATION PROJECTS THOUGH DIRECT, ON-THE-GROUND WORK AND BY FORMING LARGER PARTNERSHIPS TO DEMONSTRATE INNOVATIVE WAYS TO FINANCE LARGE-SCALE WETLAND RESTORATION, SUCH AS WATER QUALITY TRADING MARKETS WITH A FOCUS ON SCIENCE-BASED, ECONOMICALLY SUSTAINABLE PROJECTS AND COLLABORATIVE WORK WITH PUBLIC AGENCIES, THE ORGANIZATION'S GOAL IS TO DEVELOP RESTORATION METHODS AND MODELS THAT OTHERS MAY COPY.

Program Service Accomplishments

Program 1
Expenses: $1,838,449

ON-THE-GROUND RESTORATION - 2024 WAS A GROWTH YEAR FOR THE WETLANDS INITIATIVE, DURING WHICH THE ORGANIZATION EXPANDED ITS ON-THE-GROUND ECOLOGICAL RESTORATION PROJECTS ACROSS ILLINOIS AND NORTHWEST...

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ON-THE-GROUND RESTORATION - 2024 WAS A GROWTH YEAR FOR THE WETLANDS INITIATIVE, DURING WHICH THE ORGANIZATION EXPANDED ITS ON-THE-GROUND ECOLOGICAL RESTORATION PROJECTS ACROSS ILLINOIS AND NORTHWEST INDIANA. IN PARTICULAR, TWI'S COLLABORATIVE WORK IN THE BI-STATE CALUMET REGION SAW SIGNIFICANT EXPANSION WITH FRESH PROJECT PHASES AND NEW MAJOR FUNDING AT IMPORTANT REMNANT WETLAND SITES IN BOTH SOUTHEAST CHICAGO AND NORTHWEST INDIANA. THESE EFFORTS ARE RETURNING IMPORTANT HABITAT FOR WILDLIFE AND RARE MARSH BIRDS, BOOSTING CLIMATE RESILIENCE, AND IMPROVING NATURE ACCESS AND QUALITY OF LIFE FOR THIS URBAN REGION'S UNDERSERVED RESIDENTS. PROJECT HIGHLIGHTS INCLUDE: - TWI CONTINUED PHASE III HABITAT RESTORATION AT INDIAN RIDGE MARSH NORTH IN PARTNERSHIP WITH THE CHICAGO PARK DISTRICT, BUILDING ON HIGHLY SUCCESSFUL SHORELINE MODIFICATION IN 2023 THAT CREATED VALUABLE TRANSITIONAL HABITAT.- AT SQUARE MARSH, OWNED BY THE ILLINOIS INTERNATIONAL PORT DISTRICT AND PART OF HISTORIC LAKE CALUMET, TWI AND THE NATURE CONSERVANCY OF ILLINOIS TOOK THE FIRST STEPS IN A MULTI-YEAR RESTORATION PLAN WITH TREATMENT OF INVASIVE PHRAGMITES AND BUCKTHORN. - IN NW INDIANA, ALONG THE WEST BRANCH OF THE LITTLE CALUMET RIVER, TWI AND PARTNERS IN THE LITTLE CALUMET RIVER CONSERVATION COLLABORATIVE CONTINUED PHASE III HABITAT RESTORATION ON THREE HIGH-PRIORITY PARCELS TOTALING 436 ACRES, SHIFTING FOCUS TO LARGE NATIVE PLANT INSTALLATIONS AS SEED AND PLUGS WITH EXPANDED VOLUNTEER PARTICIPATION. THE COLLABORATIVE ALSO MOVED FORWARD WITH PLANNING FOR ECOLOGICAL RESTORATION AND IMPROVED PUBLIC ACCESS ON TWO MAJOR, HIGH-POTENTIAL TRACTS WITHIN THE LITTLE CALUMET CORRIDOR: MARSHALLTOWN MARSH AND THE CHASE STREET COMPLEX. BOTH DESIGN PROCESSES FOCUS ON STREAM RE-MEANDERING-NEVER PREVIOUSLY ACCOMPLISHED IN NW INDIANA-AND ARE BEING DRIVEN BY RESIDENT AND STAKEHOLDER INPUT TO ENSURE SITE PLANS ARE RESPONSIVE TO COMMUNITY DESIRES AND NEEDS.AT TWI'S 3,000-PLUS-ACRE SUE AND WES DIXON WATERFOWL REFUGE IN NORTH-CENTRAL ILLINOIS, A DESIGNATED RAMSAR WETLAND OF INTERNATIONAL IMPORTANCE, TWI STAFF ENHANCED PUBLIC ACCESS IN 2024 BY DEVELOPING NEW AMENITIES AND INTERPRETIVE SIGNAGE AT THE NEWLY RESTORED VIOLET MEADOW PARCEL AND REFURBISHED THE REFUGE'S 30-FOOT OBSERVATION TOWER. IN ADVANCE OF LONGTIME SENIOR ECOLOGIST DR. GARY SULLIVAN'S RETIREMENT, TWI SCIENTISTS CREATED A COMPREHENSIVE REFUGE MANAGEMENT PLAN TO PROVIDE STRATEGIC GUIDANCE FOR THE SITE'S COMING YEARS. MEANWHILE, A NEW FULL-TIME SITE MANAGER LED THE RESTORATION CREW IN ENHANCING THE REFUGE'S DORE SEEP NATURE PRESERVE, MANAGING INVASIVE CATTAILS AND WOODY SHRUBS THAT WERE ENCROACHING THE HIGHLY DIVERSE SEEP PLANT COMMUNITY. FINALLY, TWI PREPARED 40 ACRES OF FORMER FARMLAND FOR RESTORATION TO GLOBALLY SAND PRAIRIE ON A NEW TRACT THAT TWI ACQUIRED ADJACENT TO THE REFUGE'S SANDY HOLLOW PARCEL IN LATE 2023. WITH THE COMPLETION OF A MASSIVE SEVEN-YEAR RESTORATION EFFORT IN 2023, IN 2024 TWI INITIATED A NEW, EQUALLY SIGNIFICANT PROJECT AT THE FOREST SERVICE'S MIDEWIN NATIONAL TALLGRASS PRAIRIE IN WILL COUNTY-THE LARGEST PROTECTED OPEN SPACE IN THE CHICAGO METROPOLITAN REGION. IN COLLABORATION WITH OPENLANDS, TWI KICKED OFF THE FIRST PHASE OF THE GRANT CREEK STREAM RESTORATION, WHICH WILL ULTIMATELY LEAD TO THE CHICAGO WILDERNESS REGION'S FIRST STREAM RE-MEANDERING EFFORT. THE GRANT CREEK PARCEL COMPRISES 1,321 ACRES THAT WILL BE TRANSFORMED TO HEALTHY PRAIRIE, SAVANNA, AND FLOODPLAIN WETLAND HABITAT, BENEFITING DECLINING GRASSLAND BIRD SPECIES AND EXPANDING RECREATIONAL OPPORTUNITIES ADJACENT TO MIDEWIN'S HEAVILY VISITED BISON PASTURE. OVER 2024, TWI'S MIDEWIN FIELD CREW WORKED TO REMOVE SMALL INVASIVE TREES AND SHRUBS, WHILE A CONTRACTOR WAS SELECTED TO BEGIN LARGE-SCALE REMOVAL OF AGGRESSIVE/NON-NATIVE TREES.

Program 2
Expenses: $339,765

THROUGH THE "SMART WETLANDS" PROJECT, TWI IS WORKING TO SPREAD THE USE OF SMALL TILE-TREATMENT WETLANDS ON PRIVATE FARMLAND AS A NATURAL SOLUTION TO THE CRITICAL ISSUE OF NUTRIENT RUNOFF INTO LOCAL...

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THROUGH THE "SMART WETLANDS" PROJECT, TWI IS WORKING TO SPREAD THE USE OF SMALL TILE-TREATMENT WETLANDS ON PRIVATE FARMLAND AS A NATURAL SOLUTION TO THE CRITICAL ISSUE OF NUTRIENT RUNOFF INTO LOCAL WATERWAYS AND ULTIMATELY, THE GULF OF MEXICO. THE ORGANIZATION PURSUES THIS GOAL THROUGH COLLABORATIVE PARTNERSHIPS WITH AGENCIES AND PEERS IN THE AGRICULTURAL SECTOR, OUTREACH TO RAISE AWARENESS WITH LANDOWNERS AND THEIR TRUSTED ADVISERS, AND TECHNICAL ASSISTANCE TO FARMERS TO BUILD WETLANDS IN NEW COUNTIES AND WATERSHEDS. IN 2024, TWI EXECUTED THE FIRST STEPS IN A NEW BUSINESS PLAN TO EXPAND THE PROJECT'S REACH, INCLUDING FILLING A NEW ENGINEER POSITION TO ASSIST IN DESIGNING AND IMPLEMENTING MORE WETLAND SITES. THIS ADDED CAPACITY LED TO FIVE NEW SMART WETLAND DESIGNS IN PROCESS ACROSS FIVE NEW COUNTIES BY THE END OF THE YEAR. MEANWHILE, TWI FORMALIZED SEVERAL EXISTING AND NEW PARTNERSHIPS TO BEGIN A THREE-YEAR, STATEWIDE COORDINATED EFFORT TO INCREASE THE USE OF ON-FARM PRACTICES FOR WATER QUALITY IMPROVEMENT IN ILLINOIS, INCLUDING TILE-TREATMENT WETLANDS. FINALLY, DURING 2024, TWI BEGAN FORMING NEW PARTNERSHIPS TO EXPLORE DEPLOYING THE SMART WETLANDS CONCEPT AND PRACTICE IN INDIANA'S EXTENSIVE FARMING REGION.TWI IS ALSO EXPLORING OTHER INNOVATIVE WAYS THAT WETLANDS CAN BE INTEGRATED INTO THE FARM LANDSCAPE FOR CLEAN WATER. IN THE LAKE SPRINGFIELD WATERSHED, IN 2024 TWI WORKED WITH THE CITY OF SPRINGFIELD'S CITY WATER, LIGHT, AND POWER UTILITY TO PURSUE THE USE OF LARGER, SPECIALLY DESIGNED TREATMENT WETLANDS ON PUBLIC AND PRIVATE PROPERTIES TO ADDRESS DRINKING WATER IMPAIRMENTS. FUNDING THROUGH THE STATE REVOLVING LOAN FUND COULD HELP MAKE THIS A REALITY, WITH POTENTIAL FOR IMPLEMENTATION ELSEWHERE IN ILLINOIS TO PROVIDE CLEANER DRINKING WATER. THE WETLANDS INITIATIVE IS INCREASINGLY PLANNING AND IMPLEMENTING ITS WORK WITH A FOCUS ON THE POWERFUL ROLE THAT WETLAND RESTORATION CAN PLAY IN ECOLOGICAL AND SOCIETAL ADAPTATION AND RESILIENCE TO CLIMATE CHANGE. THE MIDWEST'S CLIMATE IS ALREADY SHIFTING TO MORE-INTENSE RAINFALL EVENTS, LONGER DRY SPELLS, AND IRREGULAR SEASONAL PRECIPITATION PATTERNS. RESTORED FRESHWATER WETLANDS PROVIDE RESILIENCE FUNCTIONS THAT INCLUDE STORING PRECIPITATION AND RUNOFF, MITIGATING LOCAL FLOOD RISKS, RECHARGING GROUNDWATER SUPPLIES DURING DROUGHTS, FILTERING AND PROCESSING NONPOINT SOURCE POLLUTANTS, AND PROVIDING HABITAT REFUGES FOR DIVERSE SPECIES, AS WELL AS SEQUESTERING SOME ATMOSPHERIC CARBON IN HIGHLY ORGANIC SOILS. TWI'S VISION IS FOR THESE NATURAL "SPONGES" TO BE ONCE AGAIN SCATTERED ACROSS THE FLAT MIDWESTERN LANDSCAPE.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,279,517
Program Service Revenue $0
Investment Income $127,855
Other Revenue $58,078
TOTAL REVENUE $3,465,450

Expense Breakdown

Grants Paid $35,612
Salaries & Benefits $1,765,933
Fundraising Expenses $111,423
Program Expenses $2,178,214
Other Expenses $921,948
TOTAL EXPENSES $2,723,493

Year-over-Year Comparison

2024 2023 Change
Revenue $3,465,450 $1,976,921 +0.8%
Expenses $2,723,493 $2,801,091 0.0%
Net Income $741,957 $-824,170 -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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Governance

Voting Members
20
Independent Members
20
Employees
27
Volunteers
55

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
$182,587
Total Directors
20
$182,587
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES T PICK CHAIR 1.00
Officer Director
$0 $0 $0
REBECCAH A SANDERS VICE-CHAIR 1.00
Officer Director
$0 $0 $0
PAUL BOTTS PRESIDENT 37.50
Officer Director
$156,535 $26,052 $182,587
LINDA M KURTZ SECRETARY & TREASURER 1.00
Officer Director
$0 $0 $0
CHRISTOPHER B BURKE PHD DIRECTOR 1.00
Director
$0 $0 $0
EDWARD K CHANDLER DIRECTOR 1.00
Director
$0 $0 $0
GEORGE M COVINGTON DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM F DOOLEY DIRECTOR 1.00
Director
$0 $0 $0
WENDY FREYER DIRECTOR 1.00
Director
$0 $0 $0
ANNE GARDNER DIRECTOR 1.00
Director
$0 $0 $0
BYRON GOULDING DIRECTOR 1.00
Director
$0 $0 $0
ALLEN D GROSBOLL DIRECTOR 1.00
Director
$0 $0 $0
MARK D MAFFEI PHD DIRECTOR 1.00
Director
$0 $0 $0
CAROLINE REPENNING DIRECTOR 1.00
Director
$0 $0 $0
JOHN W ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
STEVEN M RYAN DIRECTOR 1.00
Director
$0 $0 $0
CHINMAY SOMAN PHD DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS F STOTZ PHD DIRECTOR 1.00
Director
$0 $0 $0
CARL R YUDELL DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL B ZEDDIES JR DIRECTOR 1.00
Director
$0 $0 $0
GARY SULLIVAN SENIOR RESTORATION ECOLOGIST 40.00
Highest
$110,113 $0 $110,113
JILL KOSTEL SENIOR ENVIRONMENTAL ENGINEER 40.00
Highest
$108,342 $0 $108,342
ABIGAIL MATTSON DIRECTOR OF DEV. & COMM. 40.00
Highest
$108,089 $0 $108,089
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 $3,465,450 $2,723,493 $12,709,496 $741,957
2023 $1,976,921 $2,801,091 $12,021,467 $-824,170
2022 $4,955,328 $2,791,326 $13,019,424 $2,164,002
2021 $2,934,398 $2,348,685 $10,732,259 $585,713
2020 $2,434,760 $1,984,747 $10,049,194 $450,013
2019 $2,025,878 $2,391,673 $9,873,656 $-365,795
2018 $2,367,451 $2,591,048 $10,229,543 $-223,597
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