Indiana Ground Water Association Inc
- Assets
- $166.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Covington, IN
- Founding
- 06/1971
- Data as of
- 11/2021
- EIN
- 23-7092064
Organization Overview
Indiana Ground Water Association Inc is located in Covington, IN. The organization was established in 1971. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Ground Water Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 11/2021, Indiana Ground Water Association Inc generated $63.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $47.4k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE IGWA IS A NON-PROFIT ORGANIZATION OF WATER WELL DRILLING AND PUMP CONTRACTORS, GEOLOGISTS, HYDROLOGISTS, ENGINEERS, STATE AND LOCAL GOVERNMENT EMPLOYEES, AND GROUND WATER INDUSTRY SUPPLIERS AND MANUFACTURERS DEDICATED TO: REMAINING THE PRINCIPAL CUSTODIAN OF INDIANA'S GROUNDWATER BY MAINTAINING HIGH STANDARDS IN THE GROUND WATER INDUSTRY. OFFERING A SUPPORTIVE ENVIRONMENT AND NETWORKING OPPORTUNITIES FOR VARIOUS PROFESSIONALS IN THE GROUND WATER INDUSTRY. PROVIDING CONTINUING EDUCATION TO MEMBERS AND ACCURATE INFORMATION TO THE PUBLIC REGARDING THE QUANTITY, QUALITY, AND AVAILABILITY OF INDIANA'S GROUND WATER RESOURCES. FOSTERING COOPERATION BETWEEN GOVERNMENTAL AGENCIES, COMMUNITIES, LANDOWNERS, AND INDUSTRY TO IDENTIFY AND SOLVE PROBLEMS ASSOCIATED WITH GROUND WATER USE. SERVING AS A RESOURCE FOR CONSUMERS WHO ARE SEARCHING FOR QUALITY CONTRACTORS IN THEIR REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Stone Director | 0.5 | $0 | |
Jack Wymer Director | 0.5 | $0 | |
Mark Ortman President | 0.5 | $0 | |
Joe Gordon Director | 0.5 | $0 | |
Aaron Kaufman Director | 0.5 | $0 | |
Dale Remmler Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,200 |
| Total Program Service Revenue | $12,600 |
| Membership dues | $32,400 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,550 |
| Total Revenue | $63,750 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $24,941 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,481 |
| Other expenses | $19,946 |
| Total expenses | $47,368 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,382 |
| Other assets | $0 |
| Total assets | $166,382 |
| Total liabilities | $585 |
| Net assets or fund balances | $165,797 |
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