2023-04-16T01:04:11-05:00 2022-06-30 873707167 CBIZ MARKS PANETH LLC 4 MANHATTANVILLE ROAD SUITE 402 PURCHASE NY 10577 990 2021-07-01 061263947 SOUNDWATERS INC SOUN 2033231978 1281 COVE ROAD STAMFORD CT 06902 LEIGH SHEMITZ PRESIDENT 2033231978 2023-04-14 1 LEIGH SHEMITZ 999009999 SCOTT BRENNER P01247233 9145249000 2023-04-14 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z LEIGH SHEMITZ 1281 COVE ROAD STAMFORD CT 06902 7071871 0 X WWW.SOUNDWATERS.ORG X 1989 CT SOUNDWATERS CREATES OPPORTUNITES FOR STUDENTS TO LEARN, TRAIN AND EXPLORE ON LONG ISLAND SOUND. 30 30 73 270 0 0 6665947 5119274 615272 895583 158962 -24873 19608 -25127 7459789 5964857 0 0 0 0 1220456 1411436 0 0 506910 878179 915963 2098635 2327399 5361154 3637458 12506716 15959792 1059255 1088433 11447461 14871359 X SOUNDWATERS MISSION IS TO PROTECT LONG ISLAND SOUND THROUGH EDUCATION AND ACTION. 0 0 1568930 924603 FOR OVER 30 YEARS WE HAVE ENGAGED HUNDREDS OF THOUSANDS OF CHILDREN AND ADULTS TO BUILD A DEEPER INTEREST AND LITERACY IN SCIENCE FOR IMPROVED SCHOOL ACHIEVEMENT AND TO RAISE AWARENESS ABOUT WHAT WE ALL CAN DO TO PROTECT THE HEALTH OF THE SOUND. WE UTILIZE OUR LEARNING LAB AND AQUARIUM, HANDS-ON ACTIVITIES ON THE SHORELINE AND UNIQUE ON-THE-WATER SAILING EXPERIENCES TO ACHIEVE HIGH-IMPACT LEARNING AND RETENTION, INCREASE CONFIDENCE, MOTIVATION AND POSITIVE BEHAVIOR, AND CREATE LIFELONG LEARNERS.KEY PROGRAMS INCLUDE: 1) RIGOROUS, EXPERIENTIAL SCIENCE EDUCATION, PRE-K THROUGH HIGH SCHOOL; 2) STEM EDUCATION SAILS ABOARD OUR 80-FOOT, THREE-MASTED SCHOONER SOUNDWATERS; 3) SKILL-BUILDING INTERNSHIP AND MENTORING FOR HIGH SCHOOL STUDENTS; 4) SUMMER ENRICHMENT FOR ALL STUDENTS; 5) MARITIME SKILLS TRAINING FOR YOUTH 18-24; 6) OUTREACH/ EVENTS FOR THE BROADER COMMUNITY INCLUDING PUBLIC SAILS, PADDLE SPORTS, MARINE DEBRIS REMOVAL ACTIVITIES AND MORE. SOUNDWATERS ANNUAL REACH IS TREMENDOUS: 111 SCHOOLS, 37 TOWNS, 225 PUBLIC SAILS, 270 VOLUNTEERS, THOUSANDS OF ATTENDEES AT PUBLIC EVENTS. WE ANNUALLY REACH 40,000 ADULTS AND CHILDREN. MORE THAN 50% OF CHILDREN WE SERVE ARE FROM LOW INCOME HOUSEHOLDS. SOUNDWATERS IS COMMITTED TO ENSURING THAT NO CHILD OR SCHOOL WILL BE EXCLUDED FROM OUR PROGRAMS DUE TO AN INABILITY TO PAY. SOUNDWATERS INNOVATES CONSTANTLY TO DEVELOP NEW WAYS TO IMPROVE LONG ISLAND SOUND. CURRENT RESEARCH PROJECTS INCLUDE AQUACULTURE, WITH A FOCUS ON OYSTERS AND KELP (SEAWEED). BOTH PROJECTS INVOLVE GROWING A CROP THAT BOTH IMPROVES WATER QUALITY AND IS ECONOMICALLY VIABLE. AT BOTH OUR OYSTER UPWELLER AND OUR KELP FARM, SOUNDWATERS IS EXPLORING NEW WAYS TO IMPROVE THE SOUND AND ENGAGE THE PUBLIC. LIKE MOST ORGANIZATIONS AND PEOPLE, SOUNDWATERS WAS DEEPLY AFFECTED BY THE COVID-19 PANDEMIC. BEGINNING IN MARCH, 2020 MOST SCHOOL-BASED PROGRAMS WERE CANCELLED. WE PIVOTED TO REMOTE PROGRAMS AND WERE ABLE TO EDUCATE THOUSANDS OF CHILDREN ON AN EXCITING NEW, VIRTUAL PLATFORM.SOUNDWATERS IS CURRENTLY COMPLETING THE MULTIYEAR HARBOR AMBITIONS CAMPAIGN TO BUILD A STATE-OF-THE-ART HARBOR CENTER AT BOCCUZZI PARK IN STAMFORD (WITH COMPLETION EXPECTED IN FALL 2022) AND TO LAUNCH, EXPAND AND ENDOW STUDENT ACCESS TO NEW ENVIRONMENTAL AND LIFE-CHANGING PROGRAMS. 1568930 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 23 0 1 73 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CT X X MARGARET W PETERSON VICE PRESIDENT FINANCE 2037725838 1281 COVE ROAD STAMFORD CT 06902 ANDREA FRALEIGH DIRECTOR 1.00 X 0 0 0 ANTHONY ALLOTT VICE CHAIR 5.00 X X 0 0 0 ANTHONY CARVETTE DIRECTOR 1.00 X 0 0 0 BEN GIFFORD DIRECTOR (OUTGOING) 1.00 X 0 0 0 BUD GREBEY SECRETARY 5.00 X X 0 0 0 CHRISTIAN VON ANCKEN DIRECTOR 1.00 X 0 0 0 CHRISTINE CAREY DIRECTOR 1.00 X 0 0 0 DOUG BORA CHAIRMAN OF THE BOARD 5.00 X X 0 0 0 DR TAMU LUCERO DIRECTOR 1.00 X 0 0 0 EMILY DREAS DIRECTOR 1.00 X 0 0 0 FRED LORTHIOIR TREASURER 5.00 X X 0 0 0 GREGORY GIGLIOTTI DIRECTOR 1.00 X 0 0 0 JAKE RATH DIRECTOR 1.00 X 0 0 0 JAMES BARKER DIRECTOR 1.00 X 0 0 0 JAMES POUCHER DIRECTOR (OUTGOING) 1.00 X 0 0 0 JAMES STUART DIRECTOR 1.00 X 0 0 0 JOANNA T ROWAN DIRECTOR 1.00 X 0 0 0 MAIREAD O'SULLIVAN DIRECTOR 1.00 X 0 0 0 MARIANNE POLLAK DIRECTOR 1.00 X 0 0 0 MAUREEN BAILIE VICE CHAIR 5.00 X X 0 0 0 MICHAEL SOLECKI DIRECTOR 1.00 X 0 0 0 MICHELE SEGALLA DIRECTOR 1.00 X 0 0 0 MIKE JEMIOLO DIRECTOR 1.00 X 0 0 0 OLGA BURKE DIRECTOR 1.00 X 0 0 0 PAUL HUSTON DIRECTOR 1.00 X 0 0 0 PIETER EENKEMA VAN DIJK DIRECTOR 1.00 X 0 0 0 RANDY BOURNE DIRECTOR 1.00 X 0 0 0 READ HUBBARD DIRECTOR 1.00 X 0 0 0 RICHARD SELLSCHOP DIRECTOR 1.00 X 0 0 0 SAM STORCH MALLOY DIRECTOR 1.00 X 0 0 0 SARA ADAMS DIRECTOR 1.00 X 0 0 0 SHEILA L BENNETT DIRECTOR 1.00 X 0 0 0 SUSIE BAKER DIRECTOR (OUTGOING) 1.00 X 0 0 0 VALERIE SENEW SECRETARY (OUTGOING) 5.00 X X 0 0 0 LEIGH SHEMITZ PRESIDENT 37.50 X 236771 0 10772 MARGARET W PETERSON FINANCE DIRECTOR 30.00 X 94601 0 5633 331372 0 16405 1 0 1 0 FULLER & D'ANGELO 45 KNOLLWOOD RD ELMSFORD NY 10523 ARCHITECTURE SERVICES 319993 COMMUNITY COUNSELING SERVICE 527 MADISON AVE NEW YORK NY 10022 CONSULTING SERVICES 301000 JONES LANG LASALLE AMERICA 100 STAMFORD PL STE 201 STAMFORD CT 06902 REAL ESTATE SERVICES 233515 3 311473 2490412 2317389 408692 5119274 EDUCATIONAL ACTIVITIES 611710 895583 895583 895583 56487 56487 938507 9143 1029010 0 -90503 9143 -81360 9143 -90503 33000 311473 78004 -45004 -45004 FEE BASED RESEARCH 900099 17512 17512 OTHER REVENUE 900099 2365 2365 19877 5964857 924603 0 -79020 308771 127775 140547 40449 948417 768051 47 180319 13177 11658 145 1374 59046 42180 4971 11895 82025 58594 8991 14440 45348 45348 20696 20696 154659 70553 760 83346 27383 13620 13763 60330 33017 1910 25403 54134 13738 8978 31418 79825 45336 34489 13451 12956 472 23 1430 1430 123119 110807 6156 6156 100943 93950 3496 3497 SUPPLIES AND MAINTENANC 153846 138024 6126 9696 FOOD 63134 13472 895 48767 DUES & SUBSCRIPTIONS 11483 9673 591 1219 OTHER EXPENSES 6182 5526 656 2327399 1568930 251559 506910 745291 630815 4311436 1826472 3044855 2728159 104986 390540 62293 71931 10939968 2506266 2151636 8433702 2065105 1851545 21114 26628 12506716 15959792 219255 597561 516331 371843 220160 0 103509 119029 1059255 1088433 X 3034588 9550533 8412873 5320826 11447461 14871359 12506716 15959792 3637458 -213560 0 X X 0 1 X 1 0 X 1155974 2654295 2332371 6665947 5119274 17927861 1155974 2654295 2332371 6665947 5119274 17927861 5021238 12906623 55744 60716 69461 55428 56487 297836 60194 56527 28108 19608 52877 217314 18443011 3900551 0.69980 0.78170 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2017 AMOUNT: $ 60,194. 2018 AMOUNT: $ 19,017. 2019 AMOUNT: $ 28,108. 2020 AMOUNT: $ 19,608. 2021 AMOUNT: $ 2,365. FUNDRAISING INCOME - 2018 AMOUNT: $ 37,510. 2021 AMOUNT: $ 33,000. FEE BASED RESERCH - 2021 AMOUNT: $ 17,512. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2128911 50000 -255382 20696 1902833 1724936 421916 17941 2128911 1671792 93291 40147 1724936 1569358 102434 1671792 895281 595008 79069 1569358 0.49970 0.50030 1 0 2139236 2139236 0 1445853 236716 1209137 7354879 130314 7224565 8433702 DEFERRED COMPENSATION 119029 119029 X 5781905 -213560 56500 -5196 -162256 5944161 20696 20696 5964857 2358007 56500 56500 2301507 20696 5196 25892 2327399 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PART X, LINE 2: THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF JUNE 30, 2022, THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR. PART XI, LINE 2D - OTHER ADJUSTMENTS: INDIRECT FUND EXPENSES -5,196. PART XII, LINE 4B - OTHER ADJUSTMENTS: INDIRECT FUND. EXPENSES 5,196. TALL SHIPS BALL 344473 311473 33000 30 30111 47863 344473 311473 33000 30 30111 47863 78004 -45004 X X 0 1 0 0 0 0 0 0 0 LEIGH SHEMITZ PRESIDENT 144680 0 72000 0 20091 0 4896 0 5876 0 247543 0 0 0 PART I, LINE 4B THE ORGANIZATION DID NOT MAKE ANY CONTRIBUTIONS DURING THE CALENDAR YEAR TO THE PRESIDENT'S 457(F) DEFERRED COMPENSATION PLAN. SCHEDULE J, PART II, COLUMN (B)(III): THE AMOUNT IN THIS COLUMN REPRESENTS CONTRIBUTIONS TO 457(B) RETIREMENT PLAN AND TAXABLE PORTION OF GROUP TERM LIFE INSURANCE. JOE FULLER JR FORMER BOARD MEMBER 319993 ARCHITECHTURAL FEES PAID TO FULLER & D'ANGELO WHERE JOSEPH FULLER IS AN OWNER OF THE COMPANY AND HE IS A FORMER BOARD MEMBER OF THE ORGANIZATION. 0 X 10 408692 FMV 0 0 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTANT AND WAS REVIEWED BY THE FINANCE COMMITTEE IN A FORUM OPEN TO ALL BOARD MEMBERS AND SUBSEQUENTLY DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED ANNUALLY TO ALL BOARD DIRECTORS AND THE PRESIDENT BY THE NOMINATING & GOVERNANCE COMMITTEE OF THE ORGANIZATION. THE QUESTIONNAIRE RESPONSES ARE THEN REVIEWED BY THE EXECUTIVE COMMITTEE AND THE BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE PRESIDENT WAS INFORMED BY THE FOLLOWING AND PRESENTED TO THE FULL BOARD FOR APPROVAL: 1) PERFORMANCE AGAINST GOALS ESTABLISHED FOR THE PERFORMACE YEAR JULY 2021-JUNE 2022; 2) COMPREHENSIVE ANALYSIS OF SALARIES FOR EQUIVALENT ROLES CONSIDERING: SIZE OF ORGANIZATION - STAFF AND ASSETS, LOCATION - LOCAL AND BROADER REGION, ORGANIZATION FOCUS - ENVIRONMENT, EDUCATION, ETC.; 3) DESIRED RETENTION DURING GROWTH PERIOD FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSEEING THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM PREVIOUS YEARS.