Chesapeake Research Consortium INC

Tax-deductible

Edgewater, MD501(c)(3)Since 1972EnvironmentEIN 23-7245037Revenue $2.2M in FY2025

On file with the IRSchesapeake.org645 Contees Wharf Rd, 21037-3702 · Edgewater, MDTax-exempt since Apr 1973Publicly supported charity — 170(b)(1)(A)(vi)

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To coordinate Research and service activities on the Chesapeake bay and the geographically contiguous environmental region.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
$231K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $40K a year · 2% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$231K
to officers and key staff · 11% of spending
Top officer’s pay higher than 62% of similar orgs
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $75K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$211K
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.2M
-9% vs prior year
Spent
$2.2M
To programs
97%
Net assets
$488K
By yearFY2020–FY2025
Revenue
$2.2M
FY2025▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$1.8M
FY2022$2.1M
FY2023$2.4M
FY2024$2.4M
FY2025$2.2M
Expenses
$2.2M
FY2025▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$1.7M
FY2022$2.0M
FY2023$2.3M
FY2024$2.3M
FY2025$2.2M
Net assets
$488K
FY2025▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$209K
FY2021$271K
FY2022$280K
FY2023$366K
FY2024$445K
FY2025$488K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1973.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $2.1M Management & general 2% · $53K Fundraising 0% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $231K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$146,952Pt VII · Sec A
$84,465Pt VII · Sec A
Institutional Principal(till 3/2025)
$0Pt VII · Sec A
Institutional Principal
$0Pt VII · Sec A
Institutional Principal(starting 3/2025)
$0Pt VII · Sec A
Institutional Principal
$0Pt VII · Sec A
Institutional Principal (till 1/2025)
$0Pt VII · Sec A
$0Pt VII · Sec A

Dr Denice Wardrop’s $147K as Executive Director is at the 62nd percentile of top reported officer pay among 1851 $1–10M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dr Denice Wardrop$146,952$143,506$141,738$138,780$137,566—
Dr William Ball to 123119—————$122,997
Matthew Tromatter$84,465$82,417$80,334$64,954$61,950$61,561
Dr Denice Wardrop from 10119—————$9,874

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Chesapeake Research Consortium INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Coordinates research and service for the Chesapeake Bay and its surrounding environment.

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Provided by the organization

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3 programs · $2.1M · in their own filed words · FY2024
01

Support scientific research and communication through management of the scientific and technical advisory committee to the epa chesapeake bay program. Activities provided scientific input that would not have otherwise been possible.

$1.7Mprogram expense
02

Provide support and services for fisheries and modeling research related to the chesapeake bay. Activities involve research, creating partnerships to maximize research efforts, and workshops to provide for communication in the scientific field.

$342Kprogram expense
03

Other research and training programs

$54Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$75K
Grants paid · 55 grants · $1.7M · 2019–2024
Unitemized GrantFY2024$40,703
Tetra Tech INCFY2024$30,000
Green Fin StudioFY2024$22,102
Pennsylvania State UniversityFY2024$21,441
Individual RecipientFY2024$17,554
Unitemized GrantFY2024$16,000
Unitemized GrantFY2024$8,600
Unitemized GrantFY2023$74,900
Green Fin StudioFY2023$72,715
Individual RecipientFY2023$41,151
Bay Journal Media INCMD · FY2023$20,000
Unitemized GrantFY2023$18,000
Unitemized GrantFY2022$52,000
See all 55 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Gifts and grantsLn 1h$2.1M
Fees for servicesLn 2g$63K
Investment incomeLn 3$3
Money outPt IX
$2.2M
Ln 25
Programscol B$2.1M
Managementcol C$53K
Fundraisingcol D$2K
Owns and owesPt X
$488K
net assets · Ln 32
Cash and savingsLn 1–2$236K
Total assetsLn 16$699K
LiabilitiesLn 26$211K
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Government grantsLn 1e$2.1M
Fees for servicesLn 2g$63K
Investment incomeLn 3$3
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
CashLn 1$236K
Cash and savings togetherLn 1–2$236K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$5K
Total assetsLn 16$699K
LiabilitiesLn 26$211K
Net assetsLn 32$488K
OperationsPt I, VI
EmployeesI 528
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$223K$236K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$780K$699K
LiabilitiesLn 26$335K$211K
Net assetsLn 32$445K$488K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$169K$169K
Grants to domestic individualsLn 2$65K$65K
Pay of current officers, directors and key staffLn 5$296K$80K$214K$2K
Other salaries and wagesLn 7$939K$900K$39K
Other employee benefitsLn 9$198K$174K$24K
Payroll taxesLn 10$97K$84K$12K
Accounting feesLn 11c$54K$10K$44K
Other fees for servicesLn 11g$69K$28K$42K
Office expensesLn 13$26K$19K$6K
OccupancyLn 16$124K$120K$4K
TravelLn 17$51K$51K$267
Conferences, conventions and meetingsLn 19$73K$53K$20K
InsuranceLn 23$15K$15K
Other expenses (24a–d)Ln 24$25K$392K−$367K
Total functional expensesLn 25$2.2M$2.1M$53K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.2M$2.2M$4K$488K 990 PDF
FY2024 $2.4M$2.3M$80K$445K 990 PDF
FY2023 $2.4M$2.3M$86K$366K 990 PDF
FY2022 $2.1M$2.0M$38K$280K 990 PDF
FY2021 $1.8M$1.7M$67K$271K 990 PDF
FY2020 $1.8M$1.9M−$37K$209K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $2,205,150 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,289,543$2,142,133
I-9 Program service revenuePrior year $135,687$63,014
I-10 Investment incomePrior year $3$3
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,425,233$2,205,150
I-13 Grants and similar amounts paidPrior year $318,089$233,948
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,542,510$1,530,045
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $484,882$437,319
I-18 Total expensesPrior year $2,345,481$2,201,312
I-19 Revenue less expensesPrior year $79,752$3,838
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,205,150 across 5 lines filed
VIII-1e Government grants$2,142,133
VIII-1h Total contributions, gifts and grants$2,142,133
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $63,014$63,014
VIII-3 Investment incomeExcluded from tax $3$3
VIII-12 Total revenueRelated to mission $63,014 · Unrelated business $0 · Excluded from tax $3$2,205,150
Part IX · Statement of functional expenses $2,201,312 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $168,645$168,645
IX-2 Grants to domestic individualsPrograms $65,303$65,303
IX-5 Pay of current officers, directors and key staffPrograms $79,749 · Management $213,755 · Fundraising $2,104$295,608
IX-7 Other salaries and wagesPrograms $900,228 · Management $39,112$939,340
IX-9 Other employee benefitsPrograms $173,993 · Management $24,411$198,404
IX-10 Payroll taxesPrograms $84,417 · Management $12,276$96,693
IX-11c Accounting feesPrograms $10,000 · Management $43,675$53,675
IX-11g Other fees for servicesPrograms $27,910 · Management $41,559$69,469
IX-13 Office expensesPrograms $19,368 · Management $6,360$25,728
IX-16 OccupancyPrograms $120,463 · Management $3,700$124,163
IX-17 TravelPrograms $50,545 · Management $267$50,812
IX-19 Conferences, conventions and meetingsPrograms $53,250 · Management $19,734$72,984
IX-23 InsuranceManagement $15,314$15,314
IX-24 Other expenses (24a–d)Programs $391,885 · Management −$366,711$25,174
IX-25 Total functional expensesPrograms $2,145,756 · Management $53,452 · Fundraising $2,104$2,201,312
Part X · Balance sheet $699,156 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $223,112$236,242
X-3 Pledges and grants receivableStart of year $539,491$427,484
X-4 Accounts receivableStart of year $10,000$30,000
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $5,430$5,430
X-16 Total assetsStart of year $780,033$699,156
X-17 Accounts payable and accrued expensesStart of year $229,308$140,342
X-18 Grants payableStart of year $105,226$63,467
X-25 Other liabilitiesStart of year $0$7,185
X-26 Total liabilitiesStart of year $334,534$210,994
X-27 Net assets without donor restrictionsStart of year $445,499$488,162
X-32 Total net assets or fund balancesStart of year $445,499$488,162
X-33 Total liabilities and net assetsStart of year $780,033$699,156
Part XI · Reconciliation of net assets $488,162 net assets at year end
XI-1 Total revenue$2,205,150
XI-2 Total expenses$2,201,312
XI-3 Revenue less expenses$3,838
XI-4 Net assets at start of year$445,499
XI-8 Prior period adjustments$38,825
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$488,162

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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