National Association Of Water Companies
- Assets
- $9.2m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 11
- Location
- Philadelphia, PA
- Founding
- 05/1977
- Data as of
- 12/2023
- EIN
- 25-1064082
Organization Overview
National Association Of Water Companies is located in Philadelphia, PA. The organization was established in 1977. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, National Association Of Water Companies employed 11 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. National Association Of Water Companies 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 12/2023, National Association Of Water Companies generated $7.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $7.0m during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 9 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.
Since 2017, National Association Of Water Companies has awarded 21 individual grants totaling $245,945. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL AND INFORMATIONAL SUPPORT TO MEMBERS AND THOSE WHO WORK IN THE PRIVATE WATER INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT RELATIONS - WORK TO ENSURE THAT THE NEEDS OF THE PRIVATE WATER INDUSTRY AND ITS CUSTOMERS ARE COMMUNICATED TO FEDERAL AGENCY OFFICIALS AND LEGISLATORS. GOVERNMENT AFFAIRS ACTIVITIES PROVIDE LEGISLATIVE LIAISON, MONITOR IMPORTANT LEGISLATION AND REPORT TO MEMBER COMPANIES, PROVIDE TECHNICAL EXPERTISE AT HEARINGS AND TO REGULATORY AGENCIES.
REGULATORY RELATIONS - PROVIDE INPUT TO STATE PUBLIC UTILITY COMMISSIONS ABOUT RELEVANT ASPECTS OF THE PRIVATE WATER INDUSTRY.
COMMUNICATIONS - POSITION NAWC AS A CREDIBLE AND RESPONSIVE RESOURCE FOR ANYONE SEEKING INFORMATION ABOUT THE WATER ISSUES FACING OUR NATION AND THE SOLUTIONS OFFERED BY THE PRIVATE WATER INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert F Powelson President & CEO | Officer | 37 | $579,121 |
Rikardo Hull Exec. VP Of Strategy & Ext | Officer | 37 | $333,801 |
April Ballou General Counsel | Officer | 37 | $264,906 |
Jenn Kocher VP Of Comm & Marketing | Officer | 37 | $207,526 |
Michael Horner Director Of Admin & Member | Officer | 37 | $179,135 |
Andrew R Gere Board Member - Past | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lotsixteen Llc Consulting | 12/30/23 | $428,448 |
Hillknowlton Strategies Inc Consulting | 12/30/23 | $233,332 |
Candid Counsel Llc Consulting | 12/30/23 | $114,400 |
Forward Observer Inc Consulting | 12/30/23 | $301,800 |
Cinc Llc Consulting | 12/30/23 | $102,000 |
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 | $284,300 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $284,300 |
| Total Program Service Revenue | $6,751,593 |
| Investment income | $290,111 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$30,149 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,501,932 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,390 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,792,060 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $504,973 |
| Pension plan accruals and contributions | $46,689 |
| Other employee benefits | $94,714 |
| Payroll taxes | $114,401 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $201,553 |
| Fees for services: Accounting | $86,588 |
| Fees for services: Lobbying | $638,313 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,780 |
| Fees for services: Other | $1,364,344 |
| Advertising and promotion | $0 |
| Office expenses | $62,327 |
| Information technology | $64,050 |
| Royalties | $0 |
| Occupancy | $157,139 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,186,015 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,264 |
| Insurance | $25,181 |
| All other expenses | $44,978 |
| Total functional expenses | $6,971,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,076,618 |
| Savings and temporary cash investments | $60,469 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,538 |
| 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 | $266,758 |
| Net Land, buildings, and equipment | $310,195 |
| Investments—publicly traded securities | $5,375,689 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,120,155 |
| Total assets | $9,228,422 |
| Accounts payable and accrued expenses | $238,462 |
| 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 | $1,798,950 |
| Total liabilities | $2,037,412 |
| Net assets without donor restrictions | $7,164,858 |
| Net assets with donor restrictions | $26,152 |
| 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 | $9,228,422 |
Grants Awarded
Over the last fiscal year, National Association Of Water Companies has awarded $87,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MACRUC PURPOSE: Event Sponsorship | $11,000 |
NARUC PURPOSE: event sponsorship | $46,500 |
NASUCA PURPOSE: event sponsorship | $7,500 |
ENVIRONMENTAL COUNCIL OF STATES INC PURPOSE: event sponsorship | $15,000 |
SEARUC PURPOSE: Event Sponsorship | $7,500 |