Bond Madison Water Company

Organization Overview

Bond Madison Water Company is located in Pocahontas, IL. The organization was established in 1999. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2023, Bond Madison Water Company employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bond Madison Water Company is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2023, Bond Madison Water Company generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $3.5m during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE WATER TO RURAL MEMBER CUSTOMERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE WATER TO RURAL MEMBER CUSTOMERS


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Board, Officers & Key Employees

Name (title)Compensation
Darren Apken
Trustee
$1,025
Brent Whittaker
Trustee
$1,300
Richard Accornero
Trustee
$1,125
Laura Knackstedt
Trustee
$900
David Frueh
Trustee
$700
Mike Vonderhaar
Secretary
$1,200

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $50,000
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$50,000
Total Program Service Revenue$3,473,644
Investment income $56,253
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 $3,579,897

Peer Organizations

Organization NameAssets
Bond Madison Water Company
Pocahontas, IL
$3,579,897
Cedar Lakes Conservation Foundation Inc
West Bend, WI
$2,044,977
The Wetlands Initiative
Chicago, IL
$1,976,921
Association Of Illinois Soil & Water Conservation Districts
Springfield, IL
$2,494,690
Ozarks Environmental Services
Kimberling City, MO
$2,403,340
Living Lands & Waters
East Moline, IL
$3,189,926
Watershed Committee Of Ozarks Inc
Springfield, MO
$2,118,145
Friends Of The Lost River Inc
Bowling Green, KY
$2,809,824
Lakeshore Farm Management Coop
Valders, WI
$1,653,009
Current Innovation Nfp
Chicago, IL
$1,277,102
Clean Lakes Alliance Inc
Madison, WI
$1,277,106
Wild Rivers Conservancy Of The St Croix & Namekagon
Osceola, WI
$1,220,534
Alliance For Water Efficiency Nfp
Chicago, IL
$1,423,731
Milwaukee Water Commons Inc
Milwaukee, WI
$1,955,156
Driftless Area Land Conservancy Inc
Dodgeville, WI
$1,018,247
Upper White River Basin Foundation Inc
Kimberling City, MO
$1,053,789
Downtown Green Bay Inc
Green Bay, WI
$508,947
Mississippi River Cities & Towns Initiative
St Louis, MO
$802,525
Nahant Marsh Education Center
Davenport, IA
$1,969,567
Wisconsin Waterfowl Association Inc
Wales, WI
$809,062
Reefci Inc
Hebron, KY
$913,973
Upper White River Watershed Alliance Inc
Indianapolis, IN
$553,127
Iowa Confluence Water Trails
Des Moines, IA
$24,805,652
Agricultures Clean Water Alliance
Ankeny, IA
$687,585
Urban Rivers Inc
Hinsdale, IL
$709,216

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