Copper River Watershed Project

EIN: 920162546 501(c)(3) Environment

Cordova, AK

Total Revenue
$3,464,680
Total Expenses
$3,333,511
Total Assets
$690,058
Net Assets
$598,199
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
AK
Principal Officer
Matt Piche
Phone
9074243334
Tax Period
2023-01-01 to 2023-12-31

Copper River Watershed Project, founded in 1998, is a community nonprofit in the Environment sector that reported $3.5M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $3.3M left a modest 4% surplus.

Mission

The Copper River Watershed Project promotes a salmon-rich, intact watershed to support culturally diverse communities by forming partnerships for watershed-scale planning and projects.

Program Service Accomplishments

Program 1
Expenses: $2,908,531

Fish Habitat The Organization works to identify, monitor and restore salmon habitat throughout the Copper River drainage. By convening state and federal agency, community and Tribal partners, we form...

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Fish Habitat The Organization works to identify, monitor and restore salmon habitat throughout the Copper River drainage. By convening state and federal agency, community and Tribal partners, we form planning teams and partnerships to identify salmon habitat data gaps, and key salmon habitat locations in need of restoration. Watershed-scale planning enables maximizing restoration dollars to ensure the best outcomes for supporting salmon and other fish species, ensures healthy hydrology and buffers the surrounding landscape for inclement weather changes and flash flooding or changes in hydrology associated with climate change. By supporting and improving fish habitat, we support healthy salmon populations, culturally significant traditions, and all the salmon economies associated with this important natural resource.

Program 2
Expenses: $184,356

Invasive Plant Management The Organization is working to facilitate partnerships among public and private land managers and land owners in both the Copper River basin and the Copper River delta area...

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Invasive Plant Management The Organization is working to facilitate partnerships among public and private land managers and land owners in both the Copper River basin and the Copper River delta area to identify and treat invasive plants. Invasive plants are particularly aggressive and threaten fish and wildlife habitat by cording out native plants, reducing the foraging opportunities for native fish and wildlife. While many places in the North America are simply trying to mitigate damage associated with invasive plants, the Copper River watershed has a chance for eradication of some noxious weeds. By treating wetland invasive plants in the town of Cordova, for example, we have held back the spread to the Copper River delta, one of North Americas largest intact wetlands. The Organization works to engage partners and key stakeholders in reducing the introduction of invasive plants and treatment of known infestations through volunteer events and targeted education programs.

Program 3
Expenses: $20,835

Community Tourism: As part of The Organization's mission, they work with local government and business partners to attract small scale independent travelers to the region to help build a sustainable...

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Community Tourism: As part of The Organization's mission, they work with local government and business partners to attract small scale independent travelers to the region to help build a sustainable tourism economy. The Organization facilitates organizing the Salmon Jam Festival, a destination weekend event that draws visitors to Cordova from Anchorage and Fairbanks. With post-pandemic innovation, tourism in Cordova is being geared to environmentally-conscious approaches to having visitors engage in the community and wild spaces.

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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 $3,457,407
Program Service Revenue $0
Investment Income $5,436
Other Revenue $1,837
TOTAL REVENUE $3,464,680

Expense Breakdown

Grants Paid $101,444
Salaries & Benefits $387,135
Fundraising Expenses $13,114
Program Expenses $3,144,587
Other Expenses $2,844,932
TOTAL EXPENSES $3,333,511

Year-over-Year Comparison

2023 2022 Change
Revenue $3,464,680 $2,822,578 +0.2%
Expenses $3,333,511 $2,765,661 +0.2%
Net Income $131,169 $56,917 +1.3%
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
8
Independent Members
8
Employees
9
Volunteers
75

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
6
$138,700
Total Directors
10
$138,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Docken Executive Dir. 40.00
Officer Director
$89,231 $1,719 $90,950
Alexis Cooper Account. Mgr. 30.00
Officer Director
$46,875 $875 $47,750
Matt Piche President 2.00
Officer Director
$0 $0 $0
Caitlin McKinstry Treasurer 2.00
Officer Director
$0 $0 $0
Tenley Nelson Secretary 2.00
Officer Director
$0 $0 $0
Eleanor Hand Vice President 2.00
Officer Director
$0 $0 $0
Sunshine Meitzner Director 2.00
Director
$0 $0 $0
Steve Richards Director 2.00
Director
$0 $0 $0
Kate Wilson Director 2.00
Director
$0 $0 $0
Linshaw Lincoln 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 No data No data No data No data
2023 $3,464,680 $3,333,511 $690,058 $131,169
2022 $2,822,578 $2,765,661 $623,104 $56,917
2021 $3,092,838 $3,031,184 $470,340 $61,654
2020 $2,549,384 $2,411,781 $507,546 $137,603
2019 $556,658 $537,951 $249,471 $18,707
2019 $555,860 $537,153 $249,471 $18,707
2018 $928,615 $923,600 $187,503 $5,015
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