American Water Works Association
- Assets
- $447.6k
- Revenue
- $229.2k
- Investments
- $0.0
- Employees
- 0
- Location
- New Haven, CT
- Founding
- 05/1969
- Data as of
- 12/2021
- EIN
- 06-6100180
Organization Overview
American Water Works Association is located in New Haven, CT. The organization was established in 1969. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Water Works Association 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 12/2021, American Water Works Association generated $229.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $195.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SCIENTIFIC AND EDUCATIONAL ASSOCIATION DEDICATED TO SAFE AND SUSTAINABLE WATER
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL AND COMMITTEE WORK HELD FOR THOSE ASSOCIATED WITH AND INTERESTED IN THE WATER INDUSTRY.
GRANTS AND OTHER ASSISTANCE TO DOMESTIC INDIVIDUALS- FOR 2021 IN THE FORM OF SCHOLARSHIPS.
PHILANTHROPIC COMMITTEE WORK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Bonnett Chair | Officer | 4 | $0 |
Gerry Mcdermott Past Chair | Officer | 4 | $0 |
Judy Soda Secretary | Officer | 4 | $0 |
Alex Consentino Trustee | Officer | 4 | $0 |
Brian Robillard Trustee | Officer | 4 | $0 |
Rochelle Kowalski Treasurer | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $42,380 |
| Fundraising events | $58,630 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,510 |
| Total Program Service Revenue | $112,111 |
| Investment income | $47 |
| 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 | $229,168 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,500 |
| Grants and other assistance to domestic individuals. | $11,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $75,328 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,529 |
| Information technology | $2,082 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,032 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $78,977 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $227 |
| All other expenses | $1,482 |
| Total functional expenses | $195,407 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $447,587 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $447,587 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $434,086 |
| Net assets with donor restrictions | $13,501 |
| 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 | $447,587 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Water Works Association has recieved totaling $23,423.
| Awarding Organization | Amount |
|---|---|
American Water Works Association Denver, CO PURPOSE: OPERATING SUPPORT | $23,423 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of Graduates Of The United States Military Academy West Point, NY | $680,065,484 | $129,264,808 |
New York Bankers Association Inc New York, NY | $29,674,110 | $5,797,174 |
New York Credit Union Association Inc Albany, NY | $26,477,770 | $2,081,668 |
Clearing House Association Llc New York, NY | $10,776,823 | $75,297 |
New England Water Works Association Inc Holliston, MA | $5,317,027 | $2,104,407 |
Cable Telecommunications Association Of New York Inc Albany, NY | $865,674 | $1,225,088 |
Northeast Waste Management Officials Association Inc Boston, MA | $482,631 | $1,175,561 |
The Cape And Islands Veterans Outreach Center Inc Hyannis, MA | $3,086,550 | $1,484,824 |
Massachusetts Water Works Association Incorporated Acton, MA | $1,055,678 | $698,118 |
New York State Telecommunications Association Inc Albany, NY | $238,954 | $505,198 |
Coalition For Inclusive Capitalism Us Inc Old Greenwich, CT | $1,061,552 | $450,000 |
Public Utilities Risk Management Association Westborough, MA | $335,245 | $435,287 |