Mead Spl Site Custodial Trust

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This Custodial Trust was created by the august 2004 consent decree that required kaiser aluminum corporation to fund the Trust for the exclusive use by the washington state department of ecology and the US environmental protection agency to remediate the release of hazardous substances from a highly contaminated dump Site.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 75-6731995) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
$9K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · 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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $2K a year · 1% of revenue · last 6 filings
A surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$9K
to officers and key staff · 12% of spending
Pay to officers and key staff is 12% of spending.
Part VII, Section A
16.7 mo
of spending, in cash
Plus $2.5M in investments, Pt X · Ln 11–13
16.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
1
of 1 voting members
1 of 1 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$76K
-80% vs prior year
Spent
$75K
To programs
0%
Net assets
$2.6M
By yearFY2020–FY2025
Revenue
$76K
FY2025▼ -80%
Tap a bar for its year
Revenue by fiscal year
FY2020$17K
FY2021$152K
FY2022$73K
FY2023$34K
FY2024$372K
FY2025$76K
Expenses
$75K
FY2025▼ -47%
Tap a bar for its year
Expenses by fiscal year
FY2020$154K
FY2021$162K
FY2022$107K
FY2023$96K
FY2024$142K
FY2025$75K
Net assets
$2.6M
FY2025▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.6M
FY2021$2.6M
FY2022$2.2M
FY2023$2.3M
FY2024$2.4M
FY2025$2.6M

From the FY2025 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2016.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $75K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

1 person listed on the 990; $9K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$9,028Pt VII · Sec A

Elizabeth McManus’s $9K as Trustee is at the 27th percentile of top reported officer pay among 135 <$100K 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Daniel J Silver—$28,788$27,826$37,804$42,656$46,067
Elizabeth McManus$9,028—————

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 Mead Spl Site Custodial Trust executive salaries →

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 15aNo

Programs and updates

Manages funds for cleaning up environmental pollution for state and federal agencies.

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1 program · in their own filed words · FY2025
01

The trust will continue to fund remedial action in accordance with the trust agreement and in consultation with and at the direction and supervision of the washington state department of ecology and the united states environmental protection agency.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 75-6731995) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$76K
Ln 12
Investment incomeLn 3$61K
Other incomeLn 4–11$15K
Money outPt IX
$75K
Ln 25
Managementcol C$75K
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$105K
Total assetsLn 16$2.6M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$61K
Other incomeLn 4–11$15K
Gains on assetsLn 7$15K
Total revenueLn 12$76K
Assets in detailPt X, end of year
SavingsLn 2$105K
Cash and savings togetherLn 1–2$105K
InvestmentsLn 11–13$2.5M
Other assetsLn 15$10K
Total assetsLn 16$2.6M
LiabilitiesLn 26$0
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
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$74K$105K
InvestmentsLn 11–13$2.3M$2.5M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$2.4M$2.6M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.4M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$9K$9K
Legal feesLn 11b$161$161
Accounting feesLn 11c$2K$2K
Investment management feesLn 11f$19K$19K
Other fees for servicesLn 11g$0$0$0$0
InsuranceLn 23$13K$13K
Other expenses (24a–d)Ln 24$32K$32K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$75K$0$75K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 15, 2026 $76K$75K$1K$2.6M 990 PDF
FY2024Filed with the IRS May 14, 2025 $372K$142K$230K$2.4M 990 PDF
FY2023Filed with the IRS May 2, 2024 $34K$96K−$61K$2.3M 990 PDF
FY2022Filed with the IRS Jun 9, 2023 $73K$107K−$33K$2.2M 990 PDF
FY2021Filed with the IRS Nov 10, 2022 $152K$162K−$10K$2.6M 990 PDF
FY2020Filed with the IRS Jun 25, 2021 $17K$154K−$137K$2.6M 990 PDF

Schedules filed Part IV

A · Public support O · Explanations
See the full FY2025 990
Part I · Summary $76,260 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $372,197$76,260
I-11 Other revenue$0
I-12 Total revenuePrior year $372,197$76,260
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $28,788$9,028
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $113,324$65,921
I-18 Total expensesPrior year $142,112$74,949
I-19 Revenue less expensesPrior year $230,085$1,311
Part VI · Governance 1 of 1 board members independent, 2 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members1
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $76,260 across 5 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeExcluded from tax $61,064$61,064
VIII-7 Net gain or loss on sales of assetsExcluded from tax $15,196$15,196
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $76,260$76,260
Part IX · Statement of functional expenses $74,949 across 8 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Management $9,028$9,028
IX-11b Legal feesManagement $161$161
IX-11c Accounting feesManagement $2,170$2,170
IX-11f Investment management feesManagement $18,558$18,558
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsuranceManagement $13,029$13,029
IX-24 Other expenses (24a–d)Management $32,003$32,003
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $0 · Management $74,949 · Fundraising $0$74,949
Part X · Balance sheet $2,613,787 assets, 13 lines filed
X-2 Savings and temporary cash investmentsStart of year $73,591$104,586
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $2,326,302$2,499,017
X-15 Other assetsStart of year $8,803$10,184
X-16 Total assetsStart of year $2,408,696$2,613,787
X-22 Loans from officers and insidersStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-31 Retained earnings or endowmentStart of year $2,408,696$2,613,787
X-32 Total net assets or fund balancesStart of year $2,408,696$2,613,787
X-33 Total liabilities and net assetsStart of year $2,408,696$2,613,787
Part XI · Reconciliation of net assets $2,613,787 net assets at year end
XI-1 Total revenue$76,260
XI-2 Total expenses$74,949
XI-3 Revenue less expenses$1,311
XI-4 Net assets at start of year$2,408,696
XI-5 Net unrealized gains (losses) on investments$207,998
XI-9 Other changes in net assets−$4,218
XI-10 Net assets at end of year$2,613,787

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

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