WESTERN DREDGING ASSOCIATION

EIN: 541112342 Environment

Falls Church, VA

Total Revenue
$1,116,236
Total Expenses
$1,096,501
Total Assets
$707,996
Net Assets
$707,996
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
VA
Principal Officer
Jessica Bridges
Phone
7032314443
Tax Period
2023-01-01 to 2023-12-31

WESTERN DREDGING ASSOCIATION, founded in 1979, is a community nonprofit in the Environment sector that reported $1.1M in total revenue in fiscal year 2023.

Mission

To compile, present and publish scientific and technical papers for the advancement of the science and profession of dredging, navigation and marine engineering. To promote the exchange of scientific and technical knowledge in fields related to dredging, navigation, marine engineering and construction by sponsoring or cosponsoring national and international technical conferences, seminars, and symposiums, including publication and dissemination of the proceedings. To provide a forum for the communication of scientific and technical knowledge, through technology transfer and cooperation among associations, societies, and all organizations interested in dredging, navigation, marine engineering and construction. To publicize the importance of understanding and development of scientific and technical solutions for problems related to the protection and enhancement of the marine environment. To support educational institutions for students interested in pursuing dredging.

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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 $150,300
Program Service Revenue $965,936
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,116,236

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $1,096,501
TOTAL EXPENSES $1,096,501

Year-over-Year Comparison

2023 2022 Change
Revenue $1,116,236 $1,055,268 +0.1%
Expenses $1,096,501 $973,273 +0.1%
Net Income $19,735 $81,995 -0.8%
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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Governance

Voting Members
19
Independent Members
19
Employees
N/A
Volunteers
25

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
0
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shelly Anghera Director 5
Director
$0 $0 $0
Todd Bridges Director 5
Director
$0 $0 $0
Chuck Broussard Director 5
Director
$0 $0 $0
Steve Cappellino Director 5
Director
$0 $0 $0
Jos Clement Director 5
Director
$0 $0 $0
Paul Fuglevand Director 5
Director
$0 $0 $0
Donald Hayes Director 5
Director
$0 $0 $0
Julie Hile Director 5
Director
$0 $0 $0
Robert Ramsdell Director 5
Director
$0 $0 $0
Steven Shaw Director 5
Director
$0 $0 $0
Craig Vogt Director 5
Director
$0 $0 $0
Mike Warwick Director 5
Director
$0 $0 $0
Matt Binsfeld President / Chair 5
Director
$0 $0 $0
Carol Shobrook Vice President / Director 5
Director
$0 $0 $0
Lori Brownell Secretary / Director 5
Director
$0 $0 $0
Walter Dinicola Treasurer / Director 5
Director
$0 $0 $0
Stan Ekren Director 5
Director
$0 $0 $0
Kathryn Thomas Director 5
Director
$0 $0 $0
Dana Trierweiler Director 5
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 No data No data No data No data
2023 $1,116,236 $1,096,501 $707,996 $19,735
2022 $1,055,268 $973,273 $777,906 $81,995
2021 $234,089 $199,462 $695,911 $34,627
2020 $246,468 $158,364 $661,284 $88,104
2019 $617,200 $624,246 $573,180 $-7,046
2018 $555,543 $531,044 $580,226 $24,499
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