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Watershed Associates Inc

  • Staten Island, NY
  • Tax-exempt since Feb. 2004
  • EIN: 33-1070623

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Category: Human Services — Multipurpose and Other / Nonmonetary Support N.E.C. (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$58.7k (2023)

Expenses
$81.3k (2023)

Total Assets
$2.36M (2023)

Total Liabilities
$1.19M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$58,717
Expenses
$81,285
Net Income
-$22,568
Net Assets
$1,172,516
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,000
20.4%
Investment Income $46,717
79.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,360,980
Total Liabilities $1,188,464
Net Assets $1,172,516
Compensation
Key Employees and Officers Compensation Related Other
Jo Reyes (Cfo) $0 $205,784 $21,807
Terry Troia (Ceo) $0 $163,078 $23,171
Timothy C Harrison Esq (First Vice Chair) $0 $0 $0
Janet H Jones (Chair) $0 $0 $0
Aurelia Curtis (Secretary) $0 $0 $0
Peter Tesoriero (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on May 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$58,713
Expenses
$77,008
Net Income
-$18,295
Net Assets
$1,195,084
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,000
20.4%
Investment Income $46,713
79.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,348,955
Total Liabilities $1,153,871
Net Assets $1,195,084
Compensation
Key Employees and Officers Compensation Related Other
Jo Reyes (Chief Financial Officer) $0 $188,294 $10,262
Terry Troia (Chief Executive Officer) $0 $109,050 $63,684
Peter Tesoriero (Treasurer) $0 $0 $0
Aurelia Curtis (Vice President) $0 $0 $0
Joseph Torres (President) $0 $0 $0
+ View more people

Document Links

990
Filed on May 12, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$62,329
Expenses
$47,787
Net Income
$14,542
Net Assets
$1,213,379
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,000
19.3%
Investment Income $41,989
67.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,340
13.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,317,695
Total Liabilities $1,104,316
Net Assets $1,213,379
Compensation
Key Employees and Officers Compensation Related Other
Jo Reyes (Chief Financial Officer) $0 $194,010 $2,222
Terry Troia (Chief Executive Officer) $0 $136,448 $4,319
Peter Tesoriero (Treasurer) $0 $0 $0
Dr Salman Zafar (Secretary) $0 $0 $0
Aurelia Curtis (Vice President) $0 $0 $0
Joseph Torres (President) $0 $0 $0
+ View more people

Document Links

990
Filed on May 12, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$139,416
Expenses
$54,056
Net Income
$85,360
Net Assets
$1,198,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,000
8.6%
Investment Income $119,466
85.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,950
5.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,304,166
Total Liabilities $1,105,329
Net Assets $1,198,837
Compensation
Key Employees and Officers Compensation Related Other
Jo Reyes (Chief Financial Officer) $0 $164,696 $9,130
Terry Troia (Chief Executive Officer) $0 $77,611 $63,157
Peter Tesoriero (Treasurer) $0 $0 $0
Dr Salman Zafar (Secretary) $0 $0 $0
Aurelia Curtis (Vice President) $0 $0 $0
Joseph Torres (President) $0 $0 $0
+ View more people

Document Links

990
Filed on May 14, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$82,064
Expenses
$72,599
Net Income
$9,465
Net Assets
$1,113,477
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $82,000
99.9%
Investment Income $64
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,219,513
Total Liabilities $1,106,036
Net Assets $1,113,477
Compensation
Key Employees and Officers Compensation Related Other
Christine Marra (Treasurer) $0 $0 $0
Dr Salman Zafar (Secretary) $0 $0 $0
Frank Puleo (First Vice Chair) $0 $0 $0
Rabbi Gerald Sussman (Chair (Thru 04/19)) $0 $0 $0
Mary Haas (Second Vice Chair) $0 $0 $0
Joseph Torres (Chair) $0 $0 $0
Terry Troia (Chief Executive Officer) $0 $77,237 $57,112
Jo Reyes (Cfo (Started 01/2019)) $0 $0 $0
Joanne Hanson (Cfo (Through 12/19)) $0 $172,705 $2,577
+ View more people

Document Links

990
Filed on July 15, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,514
Expenses
$85,121
Net Income
-$24,607
Net Assets
$140,690
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $60,500
100.0%
Investment Income $14
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,340,042
Total Liabilities $1,199,352
Net Assets $140,690
Compensation
Key Employees and Officers Compensation Related Other
Christine Marra (Treasurer) $0 $0 $0
Dr Salman Zafar (Secretary) $0 $0 $0
Frank Puleo (First Vice Chair) $0 $0 $0
Rabbi Gerald Sussman (Chair) $0 $0 $0
Mary Haas (Second Vice Chair) $0 $0 $0
Terry Troia (Chief Executive Officer) $0 $75,411 $9,376
Joanne Hanson (Cfo Through 12/17) $0 $169,708 $15,032
+ View more people

Document Links

990
Filed on May 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$65,910
Expenses
$66,270
Net Income
-$360
Net Assets
$165,297
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $65,902
100.0%
Investment Income $8
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $525,079
Total Liabilities $359,782
Net Assets $165,297
Compensation
Key Employees and Officers Compensation Related Other
Rabbi Gerald Sussman (Board President) $0 $0 $0
Frank Puleo (1 St Vice President) $0 $0 $0
Mary Haas (2 Nd Vice President) $0 $0 $0
Christine Marra (Treasurer) $0 $0 $0
Dr Salman Zafar (Secretary) $0 $0 $0
Joanne Hanson (Chief Financial Officer) $0 $126,455 $2,264
Terry Troia (Executive Director) $0 $120,359 $1,520
+ View more people

Document Links

990
Filed on May 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$68,194
Expenses
$65,081
Net Income
$3,113
Net Assets
$165,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $67,537
99.0%
Investment Income $6
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $651
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $532,935
Total Liabilities $367,278
Net Assets $165,657
Compensation
Key Employees and Officers Compensation Related Other
Rabbi Gerald Sussman (President) $0 $0 $0
Frank Puleo (1 St Vice President) $0 $0 $0
Mary Haas (2 Nd Vice President) $0 $0 $0
Christine Marra (Treasurer) $0 $0 $0
Dr Salman Zafar (Secretary) $0 $0 $0
Joanne Hanson (Cfo) $0 $125,715 $2,479
Terry Troia (Executive Director) $0 $123,497 $1,861
+ View more people

Document Links

990
Filed on May 10, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$56,692
Expenses
$61,580
Net Income
-$4,888
Net Assets
$162,544
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $56,687
100.0%
Investment Income $5
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $541,191
Total Liabilities $378,647
Net Assets $162,544
Compensation
Key Employees and Officers Compensation Related Other
Rabbi Gerald Sussman (President) $0 $0 $0
Frank Puleo (1 St Vice President) $0 $0 $0
Mary Haas (2 Nd Vice President) $0 $0 $0
Christine Marra (Treasurer) $0 $0 $0
Dr Salman Zafar (Secretary) $0 $0 $0
Joanne Hanson (Cfo) $0 $107,228 $2,421
Terry Troia (Executive Director) $0 $68,971 $1,517
+ View more people

Document Links

990
Filed on May 5, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$56,692
Expenses
$65,496
Net Income
-$8,804
Net Assets
$167,432
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $56,687
100.0%
Investment Income $5
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $562,595
Total Liabilities $395,163
Net Assets $167,432
Compensation
Key Employees and Officers Compensation Related Other
Rabbi Gerald Sussman (President) $0 $0 $0
James Chin (1 St Vice President) $0 $0 $0
Mary Haas (2 Nd Vice President) $0 $0 $0
Christine Marra (Treasurer) $0 $0 $0
Dr Salman Zafar (Secretary) $0 $0 $0
Joanne Hanson (Cfo) $0 $129,171 $2,583
Terry Troia (Executive Director) $0 $63,155 $1,263
+ View more people

Document Links

990
Filed on April 23, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$55,604
Expenses
$63,027
Net Income
-$7,423
Net Assets
$176,236
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $55,596
100.0%
Investment Income $8
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $582,509
Total Liabilities $406,273
Net Assets $176,236

Document Links

990
Filed on June 18, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$1,211,874
Expenses
$111,151
Net Income
-$1,323,025
Net Assets
$183,659
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,200
Program Services $81,049
Investment Income $59
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$1,294,182
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $603,229
Total Liabilities $419,570
Net Assets $183,659

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$109,532
Expenses
$133,117
Net Income
-$23,585
Net Assets
$1,506,684
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $68,536
62.6%
Investment Income $75
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $40,921
37.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,974,376
Total Liabilities $467,692
Net Assets $1,506,684

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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