American Water Works Association
- Assets
- $830.7k
- Revenue
- $234.6k
- Investments
- $535.5k
- Employees
- 0
- Location
- Fairhope, AL
- Founding
- 05/1969
- Data as of
- 12/2021
- EIN
- 23-7026150
Organization Overview
American Water Works Association is located in Fairhope, AL. 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 $234.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $78.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.3%) 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
ADVANCEMENT AND DISSEMINATION OF KNOWLEDGE CONCERNING THE WATER WORKS INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL SECTION CONFERENCE WAS HELD IN MOBILE, AL. ALL ATTENDEES WERE EDUCATED ON VARIOUS WATER INDUSTRY TOPICS, AND THE CONFERENCE HELD MULTIPLE WORKSHOPS ON VARIOUS WATER-RELATED SUBJECTS.
QUARTERLY PUBLICATION PROVIDING WATER-REALTED NEWS AND SECTION PROGRAM INFORMATION TO APPROX. 890 MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Jason Barrett Chairman | OfficerTrustee | 0.5 | $0 |
John Hall Vice Chairman | OfficerTrustee | 0.5 | $0 |
Dr April Nabors Trustee At Large Alabama | OfficerTrustee | 0.5 | $0 |
Bryson Agnew Trustee At Large Mississip | OfficerTrustee | 0.5 | $0 |
Matt Mcdougald Secretary, Treasurer | OfficerTrustee | 0.5 | $0 |
Hunter Arnold Director | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $141,624 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,024 |
| Total Program Service Revenue | $0 |
| Investment income | $14,347 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $52,119 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $234,624 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $11,500 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,984 |
| Advertising and promotion | $1,193 |
| Office expenses | $2,444 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $284 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,473 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $77,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,789 |
| Savings and temporary cash investments | $186,359 |
| 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 | $535,541 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $830,689 |
| Accounts payable and accrued expenses | $28 |
| 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 | $28 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $830,661 |
| Total liabilities and net assets/fund balances | $830,689 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Water Works Association has recieved totaling $39,819.
| Awarding Organization | Amount |
|---|---|
American Water Works Association Denver, CO PURPOSE: OPERATING SUPPORT | $39,819 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tennessee Electric Co-Op Assn Nashville, TN | $3,724,180 | $7,501,409 |
Tennessee Valley Public Power Assocation Inc Chattanooga, TN | $38,455,755 | $10,938,894 |
Alabama Rural Electric Association Of Cooperatives Montgomery, AL | $6,685,824 | $6,922,697 |
Florida Rural Water Association Inc Tallahassee, FL | $5,495,162 | $5,330,787 |
Association Of County Commissioners Of Alabama Montgomery, AL | $4,269,663 | $2,836,484 |
Community Bankers Association Of Georgia Marietta, GA | $3,566,732 | $2,257,495 |
Association Of Energy Services Professionals Oviedo, FL | $3,026,296 | $1,527,113 |
Mississippi Rural Water Association Inc Raymond, MS | $3,301,172 | $1,882,953 |
Bahama Out Islands Promotion Board Plantation, FL | $1,121,105 | $1,383,765 |
American Water Works Association St Cloud, FL | $1,502,789 | $877,562 |
Center For Financial Training Southeastern Inc Miami, FL | $1,231,501 | $1,096,616 |
Brotherhood Of Railroad Signalmen Yulee, FL | $316,981 | $593,260 |