Upper Mississippi Waterway Association
Nonprofit profile at a glance
- EIN
- 410589750
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Mankato, MN, USA
- Phone
- 5073857555
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $79,934
- Expenses
- $73,064
- Assets
- $128,946
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- ZAC MORRIS MORRIS (President)
- RANDY CARMICHAEL (Vice President)
- GARY WILLIAMS (Executive Director)
People named in this filing
- JEREMY PUTMAN (Chairman)
- ZAC MORRIS MORRIS (President)
- RANDY CARMICHAEL (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Reliable resource supporting growth on the MIssissippi
What it reported doing in 2025
Industry Interaction Day: Outreach and Education. More than 260 students from 17 area schools participated in the Industry Interaction Day organized by We Work the Waterways (WWW) at Scott Community College in the Quad Cities in Iowa. This is a record turnout for the organization with 13 industry stations representing various maritime careers and opportunities. The Upper Mississippi Waterway Association (UMWA) sponsored and participated in the event Students learned about jobs and careers in maritime, as well as the importance of the Upper Mississippi for the economy, better living and employment. UMWA members hosted and set up their own individual stations. UMWA Executive Director was in attendance to help facilitate
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- 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.
The verdict
MIXED - The filed numbers largely add up and total assets are large relative to annual expenses, but may not be spendable cash. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 23
- Transparency & Controls: 82
- Sustainability: 60
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 21.6%; rating input score 22
- Program expense ratio: 24.4%; rating input score 24
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 8.6%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 1.76; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 21.6% of revenue deployed · 24.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $0 · 18 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 22/100.
- High — Financial Efficiency: Program expense ratio scored 24/100.
- Review — Sustainability: Operating margin scored 59/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.