| Entity | Document Type | Tax ID |
|---|---|---|
| Izaak Walton League of America | IRS Form 990 | 36-1930035 |
| Izaak Walton League of America | Audited Financial Statements | 36-1930035 |
|
Entity: Izaak Walton League of America Document Type: IRS Form 990 Tax ID: 36-1930035 |
|
Entity: Izaak Walton League of America Document Type: Audited Financial Statements Tax ID: 36-1930035 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Scott Kovarovics | Executive Director | $164,211 |
|
1 Name: Scott Kovarovics Title: Executive Director Compensation: $164,211 |
| CharityWatch's rating of Izaak Walton League of America (IWLA) (tax ID #36-1930035) does not include the financial activities of IWLA's more than 230 local chapters. According to the IWLA audit of December 31, 2017 (Note 1, Organization): "IWLA's work is guided by grassroots volunteers. Its more than 230 local chapters advance the IWLA's mission nationwide... IWLA's local chapters have been incorporated as separate entities; they do not have common Board members with IWLA and IWLA does not have the right to appoint the chapters' Board members. Consequently, IWLA has no controlling interest in the chapters and, therefore, IWLA and the chapters are not required to be consolidated under accounting principles generally accepted in the United States of America (GAAP). The local chapters of IWLA collect membership dues on behalf of IWLA and remit the national dues to IWLA." |
| According to the Izaak Walton League of America (IWLA) audit of December 31, 2017 (Note 11, Conditional Promises to Give): "As discussed in Note 10 [cited separately, below], IWLA has an agreement from a legal settlement which includes the receipt of an annual contribution of $180,000 through 2018. Payments are subject to the continued cooperation between IWLA and the donor to protect the natural resources of the Mississippi River with respect to the operation of the Quad Cities Nuclear Power Station. Consequently, this contribution is recorded as support as those conditions are met on an annual basis. During the year ended December 31, 2017, IWLA recognized $180,000 of revenue upon satisfaction of the condition..." |
| According to the Izaak Walton League of America (IWLA) audit of December 31, 2017 (Note 10, Legal Settlements): "IWLA's national headquarters, in conjunction with two of IWLA's divisions and three of IWLA's chapters as plaintiffs, were parties to a legal settlement with an electric utility company...which was amended on October 11, 1983. The settlement is the result of a suit brought by the above parties regarding the environmental protection of the Mississippi River. As a result of the settlement, the plaintiffs were to receive the sum of $350,000 each year through 2012. In August 2011, IWLA and the defendants entered into an agreement to continue the cooperative relationship for another six years effective January 1, 2013. Under the new agreement, IWLA will receive $180,000 each year through 2018. The receipts are applied to an environmental fund that was created and administered by IWLA. The primary purpose of the fund is to develop and administer environmental programs... "In addition, IWLA's national headquarters and one of IWLA's divisions were parties to a legal settlement dated February 27, 2013. The settlement is the result of a suit regarding the rightful ownership of four parcels of property located in Sandycreek Township, Venango County, Pennsylvania, and the rightful ownership of all other assets that were formerly owned by the Franklin Chapter of IWLA. As a result of the settlement, IWLA received the sum of $175,000 during the year ended December 31, 2013. In addition, the defendant assigned 25% of its royalty payments on four existing shallow natural gas wells to IWLA for a period of 10 years from the effective date of the assignment and 33 1/3% of its royalty interest in any natural gas well drilled into the Utica or Marcellus Shale formations for a period of 10 production years per well. During 2017, IWLA received $1,617 of royalty fees..." |
