2024-04-11T21:49:12-05:00 2023-06-30 463330935 AVENSON HAMANN CPAS LLP 7421 BURNET ROAD 522 AUSTIN TX 78757 990 2022-07-01 832740232 TEXAS WATER TRADE TEXA 5128463075 611 S CONGRESS AVENUE 125 AUSTIN TX 78704 SHARLENE LEURIG CEO 5128463075 2024-04-10 1 SHARLENE LEURIG 999009999 1 CATHERINE AVENSON P01259734 5126939131 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHARLENE LEURIG 611 S CONGRESS AVENUE 125 AUSTIN TX 78704 2547293 0 X WWW.TEXASWATERTRADE.ORG X 2018 TX WE HARNESS MARKETS AND TECHNOLOGY TO ACHIEVE A FUTURE OF CLEAN, FLOWING WATER FOR ALL TEXANS. 16 16 6 0 0 0 1363699 2504879 42050 11250 -2219 20455 0 0 1403530 2536584 66492 102160 0 0 630506 753027 0 0 271241 690617 476591 1387615 1331778 15915 1204806 1363986 2318441 130032 32720 1233954 2285721 X CREATING MARKETS FOR INNOVATIVE WATER RESILIENCY PROJECTS. 0 0 803649 102160 11250 TEXAS WATER TRADE ("TWT") PROVIDES TECHNICAL SERVICES (APPRAISALS, TRAINING, ECOLOGICAL ANALYSIS, ENGINEERING, HYDROLOGICAL MODELING, LEGAL, ENVIRONMENTAL MONITORING) TO NON-PROFIT LAND AND WATER CONSERVATION ORGANIZATIONS AND GOVERNMENTAL AGENCIES TO SUPPORT THE ACQUISITION AND STEWARDSHIP OF WATER RIGHTS TO BENEFIT THE NATURAL ENVIRONMENT AND TO CREATE A FUTURE OF CLEAN, FLOWING WATER FOR ALL TEXANS. TWT'S WORK CENTERS ON TWO MECHANISMS FOR ADVANCING A VISION OF SUSTAINED WATER ABUNDANCE: EDUCATE AND PROVIDE TECHNICAL SUPPORT TO GOVERNMENTAL AND NON-PROFIT URBAN LEADERS TO FACILITATE INVESTMENT IN NET ZERO WATER BUILDINGS AND SUBDIVISIONS CAPABLE OF CAPTURING, TREATING AND RETURNING TO THE ORIGINAL WATER SOURCE AS MUCH WATER AS THEY DEMAND SO THAT NEW GROWTH INCREASES TEXAS' RELIABLE WATER SUPPLY. PROVIDE TECHNICAL SUPPORT AND FUNDING TO FACILITATE A DIVERSE SUITE OF VOLUNTARY WATER MARKET TRANSACTIONS-FROM DRY YEAR OPTIONS TO INFRASTRUCTURE PARTICIPATION-TO SECURE HEALTHY FLOWS IN TEXAS RIVERS WHILE CREATING SUPPLY RESILIENCE FOR OTHER WATER USERS.TO ADVANCE THESE GOALS, TWT ENGAGES IN SOME OR ALL OF THE FOLLOWING ACTIVITIES: SUPPORT ORGANIZATIONS CAPABLE OF PURSUING WATER TRANSACTIONS FOR HEALTHY ENVIRONMENTAL FLOWS -TWT TRANSFERS TECHNICAL KNOWLEDGE RELATED TO THE LEGAL FRAMEWORKS OF SURFACE WATER RIGHTS AND GROUNDWATER RIGHTS, HYDROLOGICAL MONITORING, AND ECOLOGICAL MODELING TO EVALUATE THE BENEFIT OF VARIOUS CONTRACT STRUCTURES TO SECURE WATER AND OPPORTUNITIES FOR WATER RIGHTS HOLDERS WHO VOLUNTARILY PARTICIPATE IN ENVIRONMENTAL FLOWS TRANSACTIONS. LAUNCH THE TEXAS WATER MARKET MAKERS PROGRAM -TWT RAISES FUNDS TO CREATE A COMPETITIVE PROGRAM FOR WATER CONSERVATION ORGANIZATIONS WHO RECEIVE SUSTAINED TECHNICAL SUPPORT, POSSIBLE GRANT FUNDING, AND POSSIBLE ACCESS TO WATER TRANSACTION FUNDS. DIVERSIFY FUNDING RESOURCES FOR FLOWS RESTORATION AND PROTECTION PROJECTS - TWT IS THE GO-TO ORGANIZATION FOR PHILANTHROPIC, STATE, AND FEDERAL RESOURCES PURSUING ENVIRONMENTAL FLOWS RESTORATION PROJECTS IN TEXAS, AND WORKS WITH PARTNERS ACROSS THOSE SECTORS TO STEER EXISTING FUNDS WHERE ELIGIBLE AND TO DESIGN NEW FUNDING VEHICLES AS NEEDED. QUARTERBACK MARKET DEVELOPMENT - TWT DEVELOPS AND EXECUTES LONG-RANGE STRATEGIES WHERE HEALTHY WATER FLOWS DEPEND UPON MORE COMPLEX ARRANGEMENTS THAN LAND TRUSTS AND CONSERVANCIES CAN PURSUE (FOR EXAMPLE, MUNICIPAL PROJECT PARTICIPATION, WATER SWAPS OR BANKING). PROVIDE TRUSTED PROJECT EVALUATION - TWT DEVELOPS THE EXPERTISE AND BRAND RECOGNITION TO BECOME THE ONE-STOP SHOP FOR EVALUATING THE FEASIBILITY AND BENEFIT OF ENVIRONMENTAL FLOWS RESTORATION AND PROTECTION PROJECTS IN TEXAS, THEREBY LOWERING TRANSACTION COSTS FOR PROJECT SPONSORS AND FUNDERS. SET ENVIRONMENTAL FLOWS RESTORATION AND PROTECTION TARGETS - TWT HAS SET TARGETS FOR THE AMOUNT OF WATER WE WORK TO PROTECT OR RESTORE BY 2030 WITH THE ASSISTANCE OF OUR ADVISORY COUNCIL AND USING THE BEST AVAILABLE SCIENCE AND MARKET ANALYSIS. ADVANCE AWARENESS OF THE WATER SUPPLY POTENTIAL OF ONSITE WATER RESOURCES - TWT PRODUCES ENVIRONMENTAL WATER INFORMATIONAL AND ANALYTICAL TOOLS THAT CAPTURE THE IMAGINATION OF POLICYMAKERS, DEVELOPERS AND COMMUNITY LEADERS OF THE ENORMOUS POTENTIAL FOR ONSITE WATER TO BE PART OF THE SUPPLY SOLUTION SET FOR A GROWING TEXAS. ACCELERATE COMMITMENTS TO NET ZERO WATER - TWT SUPPORTS HIGH-VISIBILITY DEVELOPMENT PROJECTS THAT TAP INTO ONSITE WATER RESOURCES, THEREBY DELIVERING PROOFS OF CONCEPT, WORKING IN PARTNERSHIP WITH GOVERNMENTAL ENTITIES AND COMMUNITIES AND THE DEVELOPERS AND TEXAS-BASED COMPANIES THEY REGULATE. SUPPORT FINANCIAL INNOVATIONS TO ENABLE NET ZERO DEVELOPMENT - TWT WORKS WITH ENTITIES ADMINISTERING FUNDING RESOURCES SUCH AS PROPERTY ASSESSED CLEAN ENERGY (PACE) LOANS, MUNICIPAL UTILITY DISTRICTS (MUDS), PLANNED UNIT DEVELOPMENTS (PUDS), TAX INCREMENT FINANCING (TIF) DISTRICTS AND MUNICIPAL BONDS TO SCALE CAPITAL AVAILABLE FOR NEW DEVELOPMENT TO TAP INTO ONSITE WATER RESOURCES. 803649 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 13 0 6 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X CHRIS ROSALES 5128463075 611 S CONGRESS AVENUE SUITE 125 AUSTIN TX 78704 DON PERKINS DIRECTOR 1.00 X 0 0 0 SARAH SCHLESSINGER SECRETARY 1.00 X X 0 0 0 JEFF LEUSCHEL DIRECTOR 1.00 X 0 0 0 CARLOS RUBINSTEIN DIRECTOR 1.00 X 0 0 0 JOHN HALL DIRECTOR 1.00 X 0 0 0 REAGAN KNEESE DIRECTOR 1.00 X 0 0 0 SUSANA CANSECO DIRECTOR 1.00 X 0 0 0 MISSY MANDELL DIRECTOR 1.00 X 0 0 0 DEAN ROBBINS DIRECTOR 1.00 X 0 0 0 STEPHEN TATUM JR DIRECTOR 1.00 X 0 0 0 LORI TRAWEEK DIRECTOR 1.00 X 0 0 0 ANDERSON BYNAM TREASURER 1.00 X X 0 0 0 KINNAN GOLEMON CHAIR 1.00 X X 0 0 0 ADAM BUTLER DIRECTOR 1.00 X 0 0 0 EDDIE LUCIO III DIRECTOR 1.00 X 0 0 0 JULIA RATHGEBER DIRECTOR 1.00 X 0 0 0 SHARLENE LEURIG CEO 40.00 X 198069 0 25877 QUINN MCCOLLY CONSERVATION FINANCE DIRECTOR 40.00 X 131250 0 16988 KRISTIN RODRIGUEZ DIRECTOR OF DEVELOPMENT 40.00 X 125800 0 2124 455119 0 44989 3 0 1 0 LRE WATER LLC 1101 SATELLITE VIEW 301 ROUND ROCK TX 78665 TECHNICAL CONSULTING 114168 1 100940 2403939 1199 2504879 CONTRACT REVENUE 900099 11250 11250 11250 20561 20561 9510 9510 0 0 1093 1199 -106 -106 -106 2536584 11250 0 20455 102160 102160 227433 101932 95247 30254 427405 203600 38422 185383 15518 2074 7892 5552 36511 12744 16927 6840 46160 20612 9079 16469 35430 22743 12687 41000 41000 87554 87554 5682 350 130 5202 19197 5158 11081 2958 31152 13332 10488 7332 29094 23571 340 5183 898 898 5424 2348 3076 1847 1847 WATER TRANSACTIONS 171932 171932 COMMUNICATIONS 30398 29035 1003 360 MISCELLANEOUS 11731 2840 5410 3481 TELEPHONE 2574 815 890 869 2678 849 471 1358 1331778 803649 256888 271241 171325 751876 587196 293736 437635 268934 5416 10254 13258 4478 5928 8780 966149 150000 15568 6486 3144 1363986 2318441 130032 32720 130032 32720 X 321842 175235 912112 2110486 1233954 2285721 1363986 2318441 X 1204806 -18607 -134432 X 0 1 X 1 0 X 229820 876960 1509174 1363699 2504879 6484532 229820 876960 1509174 1363699 2504879 6484532 3787764 2696768 28 604 30071 30703 6515235 207750 0.41390 0.43690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13258 4478 8780 8780 UNITED STATES TREASURY BILLS 966149 C 966149 X 2483766 -153039 48843 -104196 2587962 -51378 -51378 2536584 1431999 48843 9510 58353 1373646 -41868 -41868 1331778 PART X, LINE 2: THE MOST SIGNIFICANT TAX POSITIONS OF TWT ARE ITS ASSERTION THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). MANAGEMENT HAS DETERMINED THAT TWT HAD NO ACTIVITY SUBJECT TO UBIT DURING THE FISCAL YEARS ENDED JUNE 30, 2023 AND 2022. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: RELATED ENTITY GRANT NETTED WITH EXPENSES -41,868. RENTAL EXPENSES NETTED WITH REVENUE -9,510. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH REVENUE 9,510. PART XII, LINE 4B - OTHER ADJUSTMENTS: RELATED ENTITY GRANT NETTED WITH REVENUES -41,868. 1 VIDA WATER PBC 611 CONGRESS AVE STE 125 AUSTIN TX 78704 873292547 102160 41867 COST SHARED EMPLOYEES SUPPORT START-UP OF COMMUNITY CLEAN WATER EFFORTS 1 PART I, LINE 2: GRANTS ARE MADE ON A REIMBURSEMENT BASIS TO A RELATED, CONTROLLED ENTITY. USE OF THE FUNDS IS CLOSELY MONITORED ON A REGULAR BASIS. X X X 0 0 0 0 0 0 0 0 0 SHARLENE LEURIG CEO 198069 0 0 0 0 0 8500 0 17377 0 223946 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY STAFF AND THE BOARD PRESIDENT; IT IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS WITH A POTENTIAL CONFLICT OF INTEREST MUST RECUSE THEMSELVES FROM VOTING ON DECISIONS THAT COULD BENEFIT THEM PERSONALLY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEWS COMPARABILITY DATA AND APPROVES ALL COMPENSATION CHANGES FOR THE CEO. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INVESTMENT IN SUBSIDIARY -134,432. VIDA WATER PBC 611 CONGRESS AVE STE 125 AUSTIN TX 78704 873292547 PROVIDING WATER TREATMENT TX TEXAS WATER TRADE C 144028 20193 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 VIDA WATER PBC B 102160 FMV VIDA WATER PBC O 41867 FMV