Rocky Mountain Water Environment Association
Nonprofit profile at a glance
- EIN
- 840777358
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Denver, CO, USA
- Phone
- 3037480321
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Management & Technical Assistance
Reported finances
- Revenue
- $539,782
- Expenses
- $397,353
- Assets
- $367,291
- Liabilities
- $736
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Jamie Safulko (Past President)
- Bill Peretti (President)
- Clay Rahn (Vice President)
Highest reported compensation
- Gregory Williams (Exec Director): $71,156 total reported compensation
- Kristin Johansen (Treasurer): $2,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Education of members and public regarding waste water
What it reported doing in 2024
Held joint annual conference, numerous virtual and in-person training programs for water and wastewater operators and engineers, committee meetings, and board meetings. Held a golf tournament and a softball tournament, produced bi-weekly e-blasts to the members and friends, co-produced a bi-monthly print and electronic magazine, held monthly in-person luncheons for technical staff of local wastewater operations facilities, held happy hours for members, held an orientation session for new committee chairs, continued the awards program, continued the educational grant program, held a student design competition, produced a print calendar, worked to continually increase the social media presence, held a joint clean water event for the general public (ThirstyFest), held a summer and winter planning session for board members, committee chairs, interested members, and students, amended the bylaws.
Operating model
- Revenue model
- Earned-program. 62% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 96% 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.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 53
- Transparency & Controls: 86
- Accountability: 80
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46.2%; rating input score 46
- Program expense ratio: 63%; rating input score 63
- Fundraising efficiency: $19.16 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 93.3%; rating input score 93; 25th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 26.4%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 0.92; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 18.5%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 11.8% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 25.7% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 26th percentile among comparable filings
Details
- Where the money goes: 46.2% of revenue deployed · 63% of spending went to programs
- Governance: 14 of 15 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $250K in reported program spending
- Leadership: top reported pay $71K · 15 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 57/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- High — Sustainability: Officer compensation ratio scored 17/100.