EIN 85-2636910

Water Finance Exchange

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
2020
Most recent tax filings
2022-12-01
Description
Water Finance Exchange's objective is to significantly increase funding solutions in the US water, wastewater and stormwater systems, with emphasis on rural and disadvantaged communities. They facilitate investment and build self-supporting networks by partnering with smaller communities, assembling needed expertise, building trusted relationships and providing resources for project selection, design and funding. Based in Washington DC.
Total revenues
$149,293
2022
Total expenses
$1,246,502
2022
Total assets
$1,414,154
2022
Num. employees
2
2022

Program areas at Water Finance Exchange

Pipeline development. Wfx provided communities with the best network of resources to help them select, design, and fund projects that meet their local priorities. By focusing on communities that lack the necessary funding and do not have access to capital markets, wfx connects communities in need with the technical expertise and targeted financial resources currently unavailable to help address their Water infrastructure issues.
Partnership development (facilitate investment and build self-supporting networks). Wfx believes that it can support the efforts of smaller communities to access funding by assembling the needed expertise, build trusted relationships with communities, complete projects, and learn and disseminate information about recurring issues and solutions that allow for scaling-up funding of similarly situated communities and regional initiatives that would otherwise be unavailable. Wfx will continue to serve as a national platform to accelerate the adoption of best practices, increase the ability of smaller communities to access financing, and close the Water infrastructure equity gap for small and rural communities.
Project development. Wfx does not intend to be a primary funder of Water infrastructure; rather, its Finance activities are narrowly designed to fill community gaps that are preventing full financing from occurring. Wfx connects communities to the right expertise and accessible financial resources which help to support pre-development and de-risk projects.

Personnel at Water Finance Exchange

NameTitleCompensation
Brendan McGinnisChief Operating Manager$0
Usha Rao-MonariVice President and Chief Financial Officer$25,000
Fhenry HabichtPresident and Ex Director / President and Executive Director$150,000
Josh ClementDirector of Programs and Development
Brent FewellCo - Founder, General Counsel, Business Development Lead$0
...and 2 more key personnel

Financials for Water Finance Exchange

RevenuesFYE 12/2022
Total grants, contributions, etc.$132,500
Program services$14,846
Investment income and dividends$1,947
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$149,293

Form 990s for Water Finance Exchange

Fiscal year endingDate received by IRSFormPDF link
2021-122022-04-27990View PDF
2020-122021-05-24990View PDF
Data update history
July 3, 2023
Updated personnel
Identified 2 new personnel
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 10, 2023
Updated personnel
Identified 8 new personnel
May 13, 2023
Used new vendors
Identified 1 new vendor, including
December 12, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Research centersEnvironmental organizationsCharities
Issues
Science and technologyLand and water conservationEnvironment
Characteristics
Conducts researchTax deductible donations
General information
Address
1455 Pennsylvania Ave NW 400
Washington, DC 20004
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
waterfx.org/ 
Phone
(618) 806-6864
IRS details
EIN
85-2636910
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C32: Water Resource, Wetlands Conservation and Management
NAICS code, primary
5416: Professional, Scientific, and Technical Services
Parent/child status
Independent
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