2018-08-29T15:20:37-07:00 2017-12-31 260043046 VERITY ACCOUNTANCY PC 6915 SW MACADAM AVE STE 145 PORTLAND OR 972192382 990 2017-01-01 930843521 THE FRESHWATER TRUST FRES 5032229091 700 SW TAYLOR STREET SUITE 200 PORTLAND OR 97205 JOE WHITWORTH PRESIDENT 5032229091 2018-08-20 true JEFFREY A HART P00241609 5032815213 2018-08-20 2017 2022-09-23 18:48:47Z JOE WHITWORTH 700 SW TAYLOR STREET SUITE 200 PORTLAND OR 97205 8416195 false X WWW.THEFRESHWATERTRUST.ORG X 1983 OR TO PRESERVE AND RESTORE FRESHWATER ECOSYSTEMS. 20 19 58 45 0 5322674 5638752 2906617 2394425 4085 1605 70708 127783 8304084 8162565 0 0 3664084 3480176 0 455934 5086935 5515938 8751019 8996114 -446935 -833549 5760803 4529835 4411064 6320952 1349739 -1791117 TO PRESERVE AND RESTORE FRESHWATER ECOSYSTEMS. false false 7152746 WATER QUALITY TRADING - THE FRESHWATER TRUST'S WATER QUALITY TRADING PROGRAM ALLOWS FOR REGULATED ENTITIES TO ACHIEVE REGULATORY COMPLIANCE BY FUNDING RESTORATION ACTIONS. BY CALCULATING AND QUANTIFYING HOW MUCH THERMAL ENERGY IS AVOIDED ON A RIVER BY PLANTING STREAMSIDE TREES, THE ORGANIZATION GENERATES CREDITS THAT ARE THEN PURCHASED BY WASTEWATER FACILITIES AND POWER PLANTS TO OFFSET THEIR IMPACTS TO IMPAIRED RIVERS AND STREAMS. THE WORK IS DONE IN PARTNERSHIP WITH REGULATED AGENCIES, IRRIGATORS, REGULATORS AND FARMERS. THIS PROGRAM CAN INCLUDE RESTORATION ACTIONS THAT GENERATE NOT ONLY TEMPERATURE CREDITS, BUT ALSO CREDITS GENERATED FROM REDUCTIONS OF OTHER POLLUTANTS, SUCH AS NUTRIENTS. FLOW - THE FRESHWATER TRUST RESTORES STREAM FLOWS BY WORKING COLLABORATIVELY WITH WILLING LANDOWNERS. THE ORGANIZATION USES A VARIETY OF COOPERATIVE SOLUTIONS, INCLUDING FINANCIAL COMPENSATION, TECHNICAL ASSISTANCE AND EXPERT ADVICE TO KEEP MORE WATER IN OUR STREAMS AND RIVERS. HABITAT - THE FRESHWATER TRUST ACTIVELY RESTORES AQUATIC HABITAT IN OREGON THROUGH ITS HABITAT RESTORATION PROGRAM. FROM PLACING LOGS INSTREAM TO CREATE RIVER COMPLEXITY AND PLANTING TREES TO STABILIZE STREAMBANKS AND PROVIDE SHADE TO LOWER WATER TEMPERATURE, THE ORGANIZATION ADVANCES SCIENCE-BASED, ECOLOGICALLY-SOUND RESTORATION PROJECTS TO RESTORE HABITAT FUNCTION CRITICAL TO SALMON PRODUCTIVITY. 7152746 true true false true false false true false false true true false false true true false true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 90 0 58 true false false false false false true true false false false false X 20 19 false false false false false false false true true false false true true true true false true true true false OR CA X X TIM WIGINGTON 5032229091 700 SW TAYLOR STREET STE 200 PORTLAND OR 97205 SCOTT DEMOREST DIRECTOR 2.00 X 5070 0 0 HANK A ASHFORTH DIRECTOR 2.00 X 0 0 0 HUNTER BROWN DIRECTOR 2.00 X 0 0 0 DAVID CHEN DIRECTOR 2.00 X 0 0 0 PAUL T FORTINO DIRECTOR 2.00 X 0 0 0 DAVID LAURANCE DIRECTOR 2.00 X 0 0 0 MARTY MEYERS DIRECTOR 2.00 X 0 0 0 WILL NEUHAUSER DIRECTOR 2.00 X 0 0 0 TIM O'LEARY DIRECTOR 2.00 X 0 0 0 MICHAEL POHL DIRECTOR 2.00 X 0 0 0 BRAD PREBLE DIRECTOR 2.00 X 0 0 0 BRIAN RICE DIRECTOR 2.00 X 0 0 0 ANTHONY TRUNZO DIRECTOR 2.00 X 0 0 0 MARGARET TUCHMANN DIRECTOR 2.00 X 0 0 0 DEBRA TURNER-HATCHER DIRECTOR 2.00 X 0 0 0 JOE WHITWORTH PRESIDENT 40.00 X 196834 0 20452 PETER DOUBLEDAY TREASURER 2.00 X 0 0 0 GARY FISH SECRETARY 2.00 X 0 0 0 PAT REITEN CO-CHAIR 2.00 X 0 0 0 SCOTT E SANDBO CO-CHAIR 2.00 X 0 0 0 DAVID PRIMOZICH CONSERV DIRE 40.00 X 138285 0 10877 ALAN HORTON MANAGING DIR 40.00 X 135000 0 10876 ERIK RINGELBERG CALIFORNIA D 40.00 X 122975 0 11286 ALEX JOHNSON DIR FRSHWTR 40.00 X 113692 0 8823 KIMBERLEE MYERS OPERATIONS D 40.00 X 103693 0 8078 815549 70392 6 false true false AQUATIC CONTRACTING LLC 8316 N LOMBARD 374 PORTLAND OR 97203 RESTORATION 347047 PLANT OREGON 8677 WAGNER CREEK ROAD TALENT OR 97540 RESTORATION 315769 MM SERVICES LLC PO BOX 1093 MEDFORD OR 97501 RESTORATION 278306 ROMANS PRECISION IRRIGATION INC 10209 NORTH MCALISTER RD ISLAND CITY OR 97850 RESTORATION 179310 BANDON DUNES GOLD RESORT 57744 ROUND LAKE ROAD BANDON OR 97411 SPECIAL EVENT 157542 7 140250 3109616 2388886 5638752 PROGRAM SERVICE REVENUE 2394425 2394425 2394425 279 279 1327 1 1326 1326 1326 380967 140250 253629 127338 SALES AND OTHER REVENUES 445 445 445 8162565 2394870 1605 217286 1594 196070 19622 2706661 1834751 585240 286670 98557 72092 15180 11285 195811 104166 71679 19966 261861 167565 66228 28068 19596 7770 11826 20400 20400 5020 5000 20 24448 17608 6840 40004 7182 30856 1966 22905 2181 7396 13328 362668 186686 162135 13847 167828 137258 11208 19362 41219 30195 3009 8015 38167 38167 202384 194602 7782 52941 2852 50089 CONTRACTED SERVICES 2196068 2168391 27677 PROGRAM SUPPLIES 1279457 1260628 15639 3190 WATER FEES/LEASE PAYMENTS 911947 911947 EQUIPMENT RENTAL/MAINT 54761 31731 21131 1899 76125 26155 28094 21876 8996114 7152746 1387434 455934 810150 588692 661644 200037 1478661 970690 84093 89116 820839 364931 521766 455908 125011 137981 2079478 2087411 5760803 4529835 436975 426052 56800 2178611 3900000 3700000 17289 16289 4411064 6320952 X 903744 -2038535 340640 126477 105355 120941 1349739 -1791117 5760803 4529835 X -833549 17031 -2324338 X false true X true true true X 2967403 3475953 4730207 5322674 5638752 22134989 2967403 3475953 4730207 5322674 5638752 22134989 22134989 892 440 7098 3058 279 11767 2113782 4035529 1909391 2793568 2394425 13246695 35393451 2775837 0.62540 0.63130 X PART II, LINE 10 WATER QUALITY TRADING INCOME 13,246,695 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5020 5020 8991927 8996947 599847 149962 515623 546874 587551 599847 2249895 3374843 68000 15000 5020 88020 128906 136719 146888 149962 562475 843713 X X 3 827.00 1 false 125011 18337 -5367 137981 118343 6668 125011 120107 -1764 118343 116380 3727 120107 103867 12513 116380 0.15000 0.85000 true false 392252 102940 289312 428587 261991 166596 455908 STREAMBANK SOFTWARE 1287701 WATER RIGHTS INTEREST 1209873 ACCUMULATED AMORTIZATION -410163 2087411 ACCRUED INTEREST 15811 PENSION OBLIGATION 478 16289 9547466 17031 1114241 253629 1384901 8162565 8162565 10363984 1114241 253629 1367870 8996114 8996114 SCHEDULE D, PAGE 1, PART II, LINE 9 THE ORGANIZATION HAS ACQUIRED TITLE FOR PARTIAL WATER RIGHT INTERESTS AMONG SEVERAL BASINS IN OREGON TO PRESERVE IN-STREAM WATER FLOWS. THE WATER RIGHTS ARE VALUED BASED ON THEIR ORIGINAL PURCHASE COST. ANNUALLY, THE ORGANIZATION ASSESSES THE VALUE OF THE WATER RIGHT INTERESTS HELD TO DETERMINE IF ANY PERMANENT IMPAIRMENT OF VALUE HAS OCCURRED. IF THE VALUE OF THE WATER RIGHTS IS DETERMINED TO BE IMPAIRED; THE CARRYING VALUE OF THE WATER RIGHTS WOULD BE REDUCED TO THEIR ESTIMATED FAIR VALUE IN THE PERIOD THAT THE IMPAIRMENT HAS OCCURRED. FOR THE YEAR ENDED, THE ORGANIZATION HAS NOT RECOGNIZED ANY IMPAIRMENT LOSSES ON THE VALUE THESE WATER RIGHTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNDRAISING EXPENSE 253,629 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING EXPENSES 253,629 OR GOLF TOURNAMENT 344500 344500 168280 AUCTION 175817 140250 35567 85349 520317 140250 380067 253629 253629 126438 X false false false false false false false false false JOE WHITWORTH PRESIDENT 196834 20452 217286 FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE RETURN IS PROVIDED TO THE FINANCE OFFICER AND BOARD TREASURER FOR REVIEW AND APPROVAL PRIOR TO PREPARATION FOR FILING. FORM 990, PAGE 6, PART VI, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: HAS RECEIVED A COPY OF THE ORGANIZATION'S CONFLICTS OF INTERET POLICY; HAS READ AND UNDERSTANDS THE POLICY; AND HAS AGREED TO COMPLY WITH THE POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES COMPENSATION FOR ORGANIZATION'S EXECUTIVE. FORM 990, PAGE 6, PART VI, LINE 15B EXECUTIVE DETERMINES COMPENSATION FOR ALL OTHER SENIOR STAFF BASED ON BUDGETS AND PREVAILING WAGES IN THE MARKETPLACE. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST FROM THE PARTY SEEKING ACCESS. FORM 990, PART XI, LINE 9 FUNDRAISING EXPENSE 253,629 FUNDRAISING EXPENSES -253,629 PRIOR PERIOD ADJUSTMENT: MANAGEMENT IDENTIFIED THAT THE PRIOR ACCOUNTING TREATMENT OF CERTAIN WATER QUALITY TRADING CONTRACTS WITH FUTURE STEWARDSHIP COMMITMENTS WAS INCORRECTLY RECOGNIZED BETWEEN 2015 AND 2015 RESULTING IN AN OVERSTATEMENT OF REPORTED REVENUES AND NET ASSETS. THE ORGANIZATION RECORDED A CUMULATIVE REDUCTION TO BEGINNING NET ASSETS OF 2,211,289 AS OF JANUARY 1, 2016 TO CORRECT THE ACCOUNTING TREATMENT RELATED TO THE ORGANIZATION'S WATER QUALITY TRADING REVENUES AND NET ASSETS FOR THE PERIODS 2012 THROUGH 2015. A CORRESPONDING ADJUSTMENT WAS MADE TO INCREASE DEFERRED REVENUES AT JANUARY 1, 2016 TO RECOGNIZE FUTURE REVENUES TO BE EARNED AS STEWARDSHIP COMMITMENTS ARE SATISFIED.