2022-05-12T10:01:25-05:00 2021-06-30 463330935 AVENSON HAMANN CPAS LLP 1779 WELLS BRANCH PKWY 110B-292 AUSTIN TX 78728 990 2020-07-01 832740232 TEXAS WATER TRADE TEXA 5128463075 611 S CONGRESS AVENUE NO 125 AUSTIN TX 78704 SHARLENE LEURIG CEO 5128463075 2022-05-12 1 SHARLENE LEURIG 999009999 CATHERINE AVENSON P01259734 5126939131 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z SHARLENE LEURIG 611 S CONGRESS AVENUE NO 125 AUSTIN TX 78704 1767322 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 4 0 0 0 876960 1509174 107650 22300 0 -3633 0 -6026 984610 1521815 0 0 0 0 367791 464275 0 0 214005 204855 346338 572646 810613 411964 711202 551273 1247776 44170 29471 507103 1218305 X CREATING MARKETS FOR INNOVATIVE WATER RESILIENCY PROJECTS. 0 0 363459 22300 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. 363459 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 7 0 4 1 0 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 CHRIS ROSALES 5128463075 611 S CONGRESS AVENUE SUITE 125 AUSTIN TX 78704 DON PERKINS CHAIRMAN 1.00 X X 0 0 0 SARAH SCHLESSINGER SECRETARY/TREASURER 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 STACY WALTERS 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 JAY KLEBERG 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 DIRECTOR 1.00 X 0 0 0 BLAIR FITZSIMONS DIRECTOR 1.00 X 0 0 0 KINNAN GOLEMON DIRECTOR 1.00 X 0 0 0 MARY KELLY DIRECTOR 1.00 X 0 0 0 SHARLENE LEURIG CEO 40.00 X 156799 0 18865 156799 0 18865 1 0 1 0 0 28186 7175 1473813 706432 1509174 CONTRACT REVENUE 900099 22300 22300 22300 28 28 235820 239481 -3661 -3661 -3661 0 28186 6026 -6026 -6026 1521815 22300 0 -9659 X 187720 84474 65702 37544 227944 57713 79129 91102 10579 895 4735 4949 9632 2104 4622 2906 28400 9452 10335 8613 9291 4750 4541 28055 28055 156405 149663 6742 25068 20488 1600 2980 4375 168 3668 539 30000 10000 10000 10000 10403 8811 16 1576 7297 99 7198 2152 2152 COMMUNICATIONS 37894 13991 807 23096 RECRUITING 28200 5000 23200 MISCELLANEOUS 4102 623 3354 125 TELEPHONE 2450 163 2018 269 646 65 217 364 810613 363459 233149 214005 446750 459909 562784 82535 208515 5791 4273 4007 989 1885 3018 14312 9277 551273 1247776 44170 29471 44170 29471 X 237103 135885 270000 1082420 507103 1218305 551273 1247776 711202 0 X 0 1 X 1 0 X 229820 876960 1509174 2615954 229820 876960 1509174 2615954 1609561 1006393 28 28 2615982 154450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 959 0 0 959 0 PART II-B, LINE 1: MEETINGS WITH LEGISLATORS REGARDING EARMARKING FUNDS 4007 989 3018 3018 X 1552633 24792 24792 1527841 -6026 -6026 1521815 841431 24792 6026 30818 810613 0 810613 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, 2021 AND 2020. 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: EVENT EXPENSES NETTED WITH REVENUES PART XII, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSES NETTED WITH REVENUES LIVE FROM THE STREAM 28186 28186 5000 1026 28186 28186 5000 1026 6026 -6026 X X X 0 0 0 0 0 0 0 0 0 SHARLENE LEURIG CEO 156799 0 0 0 0 0 9098 0 9767 0 175664 0 0 0 MANDELL & ASSOCIATES BUSINESS OWNED BY BOARD MEMBER MISSY MANDELL 30000 RENTAL OF OFFICE SPACE 0 X 4 701432 FMV X DOOR PRIZES 1 5000 FMV 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 IX, LINE 11G TECHNICAL ASSISTANCE: PROGRAM SERVICE EXPENSES 137,663. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 6,742. TOTAL EXPENSES 144,405. PROJECT MANAGEMENT: PROGRAM SERVICE EXPENSES 12,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,000. FORM 990, PART IX FUNDRAISING EXPENSES ARE HIGH COMPARED TO PROGRAM EXPENSES FOR YE 6/30/21 BECAUSE FUNDRAISING STAFF TIME WAS SPENT ACQUIRING GRANT FUNDS FOR PROGRAMMATIC WATER TRANSACTIONS THAT WILL OCCUR DURING YE 6/30/22 AND YE 6/30/23.