Massachusetts Water Works Association Incorporated
- Assets
- $1.4m
- Revenue
- $831.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Acton, MA
- Founding
- 05/1990
- Data as of
- 12/2023
- EIN
- 04-2638649
Organization Overview
Massachusetts Water Works Association Incorporated is located in Acton, MA. The organization was established in 1990. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Massachusetts Water Works Association Incorporated employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Massachusetts Water Works Association Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Massachusetts Water Works Association Incorporated generated $831.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $671.7k during the year ending 12/2023. While expenses have increased by 3.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROMOTE THE ADVANCEMENT OF THE DRINKING WATER PROFESSION THROUGH EDUCATION AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONDUCTS MEETINGS AND EDUCATIONAL SEMINARS, THE PURPOSE OF WHICH, IS TO PROTECT PUBLIC HEALTH AND PROVIDE A SAFE AND SUFFICIENT SUPPLY OF DRINKING WATER TO MASSACHUSETTS CONSUMERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Underwood President | OfficerTrustee | 1 | $0 |
Jaimye Bartak President Elect | Trustee | 1 | $0 |
Blake Lukis Secretary | OfficerTrustee | 1 | $0 |
Matthew Pearson Treasurer | OfficerTrustee | 5 | $0 |
Steven Horn Director | Trustee | 1 | $0 |
Kimberly Abraham Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,174 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,174 |
| Total Program Service Revenue | $767,783 |
| Investment income | $38,678 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $831,155 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $163,801 |
| Compensation of current officers, directors, key employees. | $81,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $168,512 |
| Pension plan accruals and contributions | $2,607 |
| Other employee benefits | $0 |
| Payroll taxes | $26,373 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,973 |
| Fees for services: Accounting | $10,200 |
| Fees for services: Lobbying | $220 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,510 |
| Advertising and promotion | $3,753 |
| Office expenses | $11,865 |
| Information technology | $6,874 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,271 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $129,610 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,824 |
| Insurance | $5,877 |
| All other expenses | $4,297 |
| Total functional expenses | $671,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,830 |
| Savings and temporary cash investments | $1,158,210 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,616 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,773 |
| Net Land, buildings, and equipment | $57,382 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,395,811 |
| Accounts payable and accrued expenses | $31,731 |
| Grants payable | $0 |
| Deferred revenue | $117,835 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $149,566 |
| Net assets without donor restrictions | $1,215,001 |
| Net assets with donor restrictions | $31,244 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,395,811 |