Housatonic Valley Association Inc
Nonprofit profile at a glance
- EIN
- 066049295
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Cornwall Bridge, CT, USA
- Phone
- 8606726678
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Environmental Education and Outdoor Survival Programs
Reported finances
- Revenue
- $2,266,388
- Expenses
- $2,359,513
- Assets
- $1,889,119
- Liabilities
- $391,274
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- LYNN WERNER (EXECUTIVE DIRECTOR)
- F ANTHONY ZUNINO (VICE PRESIDENT)
- JAMES H MALONEY (PRESIDENT)
- GEORGE S LOGAN (VICE PRESIDENT)
Highest reported compensation
- LYNN WERNER (EXECUTIVE DIRECTOR): $202,459 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To protect and preserve the natural environment and scenic beauty of the housatonic river watershed by fostering environmental education and best practices for conservation and land use
What it reported doing in 2024
Water: initiating river restoration and protection projects in priority areas of the tristate housatonic watershed to improve river heath and resiliency through programs like our berkshire clean, cold & connected river restoration partnership, tenmile (ny) watershed collaborative and monitoring and restoring stream health and habitat through riparian buffer and rain garden installations. Protecting the national housatonic wild and scenic river in northwest Connecticut.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 69
- Accountability: 100
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.8%; rating input score 97
- Program expense ratio: 92.9%; rating input score 93
- Fundraising efficiency: $86 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4.1%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.8; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 8.6%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 96.8% of revenue deployed · 92.9% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $2.2M in reported program spending
- Leadership: top reported pay $202K · 15 people listed · 0 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 9 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 22/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.