Indiana Rural Water Association
- Assets
- $567.9k
- Revenue
- $497.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Zionsville, IN
- Founding
- 03/1955
- Data as of
- 12/2019
- EIN
- 35-1404696
Organization Overview
Indiana Rural Water Association is located in Zionsville, IN. The organization was established in 1955. 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 12/2019, Indiana Rural Water Association employed 5 individuals. Indiana Rural Water 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 12/2019, Indiana Rural Water Association generated $497.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $610.9k during the year ending 12/2019. While expenses have increased by 7.9% 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION AND TECHNICAL ASSISTANCE TO WATER AND WASTEWATER OPERATORS, UTLITY BOARDS, CLERKS, ELECTED OFFICIALS AND OTHERS IN INDIANA
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS - STATE-WIDE, PLANNED FOR SMALL/MEDIUM WATER/WASTEWATER SYSTEMS AT A MODEST REGISTRATION FEE. FOR OPERATOR/CLERICAL/BOOKKEEPERS/BOARD MEMBERS. TECHNICAL, REGULATORY AND MANGERIAL PRESENTATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Mcintosh President | OfficerTrustee | 1 | $0 |
John Crider Vice President | OfficerTrustee | 1 | $0 |
Michael Simpson Secretary/treasurer | OfficerTrustee | 1 | $0 |
Rob Coghill Director | Trustee | 0.5 | $0 |
Chad Colby Director | Trustee | 0.5 | $0 |
Troy Elless Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $144,580 |
| Fundraising events | $27,215 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,855 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,650 |
| Total Program Service Revenue | $296,276 |
| Investment income | $15,230 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$79 |
| Net Income from Fundraising Events | -$20,671 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $497,410 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $77,841 |
| Compensation of current officers, directors, key employees. | $7,784 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,383 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,076 |
| Payroll taxes | $19,602 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,789 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,221 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $54,637 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,713 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $192,529 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,895 |
| Insurance | $2,055 |
| All other expenses | $0 |
| Total functional expenses | $610,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,895 |
| Savings and temporary cash investments | $162,394 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,312 |
| 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 | $7,577 |
| Net Land, buildings, and equipment | $9,504 |
| Investments—publicly traded securities | $346,598 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,650 |
| Other assets | $0 |
| Total assets | $567,930 |
| Accounts payable and accrued expenses | $23,369 |
| Grants payable | $0 |
| Deferred revenue | $46,339 |
| 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 | $29,159 |
| Total liabilities | $98,867 |
| Net assets without donor restrictions | $469,063 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $567,930 |