Nonprofit · EIN 45-4295864
WATERSTONE SUPPORTING ORGANIZATION TRUST 1
Tax-exempt · COLORADO SPGS, CO 80921
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $61,792,016 | $23,484,908 | $38,307,108 | $235,579,666 | $5,029,071 | $230,550,595 |
| December 31, 2023 | 990 | $82,555,170 | $25,297,765 | $57,257,405 | $150,327,642 | $2,942,667 | $147,384,975 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $46,957,644
- Program service revenue
- $0
- Investment income
- $13,085,814
- Royalties
- $1,724,297
- Net rental income
- $21,538
- Net gain from sales of assets
- $10,151
- Other revenue
- $1,748,558
Expenses
- Grants and similar amounts paid
- $21,637,722
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $20,575
- Accounting fees
- $17,325
- Occupancy
- $36,553
- Travel
- $3,582
- Depreciation
- $23,437
- Program services (functional)
- $21,637,722
- Management and general (functional)
- $1,847,186
Balance sheet and other
- Total assets, start of year
- $150,327,642
- Total assets, end of year
- $235,579,666
- Total liabilities, end of year
- $5,029,071
- Net assets, end of year
- $230,550,595
- Land, buildings and equipment
- $113,591
- Publicly traded securities
- $296,903
- Net assets without donor restrictions
- $230,550,595
- Gross unrelated business income
- $7,550,537
- Gross receipts
- $61,792,016
- Employees
- 0
- Volunteers
- 1
- Year formed
- 2012
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD VON GNECHTEN | TRUSTEE Trustee or director | 1 | $0 | $326,459 | $22,066 |
| CHRIS START | TRUSTEE Trustee or director | 1 | $0 | $275,300 | $29,044 |
| RICHARD LAVINSKI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD VON GNECHTEN | TRUSTEE Trustee or director | 1 | $0 | $282,820 | $29,802 |
| CHRIS START | TRUSTEE Trustee or director | 1 | $0 | $234,558 | $40,173 |
| RICHARD LAVINSKI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10807 NEW ALLEGIANCE DR STE 240, COLORADO SPGS, CO 80921-3803
- Principal officer (990 for 2024)
- RICHARD VON GNECHTEN, 10807 NEW ALLEGIANCE DRIVE 240, COLORADO SPRINGS, CO 80921
- Signed the 990
- CHRIS START, TRUSTEE
- Phone
- (719) 447-4620
- Website
- WWW.WATERSTONE.ORG
- Return prepared by
- EIDE BAILLY LLP
Mission
SUPPORT THE PURPOSES OF CHRISTIAN COMMUNITY FOUNDATION, INC. DBA WATERSTONE.
Program accomplishments
- THE TRUST IS ORGANIZED AND OPERATED TO SUPPORT CHRISTIAN COMMUNITY FOUNDATION DBA WATERSTONE AND OTHER PUBLIC CHARITIES WHOSE WORK FURTHERS WATERSTONE'S PURPOSES BY RECEIVING AND MANAGING CHARITABLE CONTRIBUTIONS TO SUPPORT THOSE MINISTRIES.Expenses $21,637,722 · grants $21,637,722
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-4295864
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S11)
- Assets (IRS master file)
- $235,579,666
- Income (IRS master file)
- $61,792,016
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $61,792,016 | $23,484,908 | $235,579,666 | XML |
| 990 | December 2023 | $82,555,170 | $25,297,765 | $150,327,642 | XML |
| 990 | December 2022 | $121,997,589 | $47,538,157 | $86,237,462 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4295864).
Questions about WATERSTONE SUPPORTING ORGANIZATION TRUST 1
- What is the EIN of WATERSTONE SUPPORTING ORGANIZATION TRUST 1?
- The employer identification number (EIN) of WATERSTONE SUPPORTING ORGANIZATION TRUST 1 is 45-4295864.
- Is WATERSTONE SUPPORTING ORGANIZATION TRUST 1 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to WATERSTONE SUPPORTING ORGANIZATION TRUST 1 tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does WATERSTONE SUPPORTING ORGANIZATION TRUST 1 file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WATERSTONE SUPPORTING ORGANIZATION TRUST 1 due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATERSTONE SUPPORTING ORGANIZATION TRUST 1 last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WATERSTONE SUPPORTING ORGANIZATION TRUST 1?
- The 990 for the year ended December 31, 2024 names RICHARD VON GNECHTEN.
- Who are the officers and directors of WATERSTONE SUPPORTING ORGANIZATION TRUST 1?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does WATERSTONE SUPPORTING ORGANIZATION TRUST 1 have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $61,792,016, expenses of $23,484,908 and total assets of $235,579,666 at year end.
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All nonprofits in COLORADO SPGS · Colorado · Community improvement and capacity building