Lyon And Sioux Rural Water System Inc

Organization Overview

Lyon And Sioux Rural Water System Inc is located in Rock Rapids, IA. The organization was established in 1977. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Lyon And Sioux Rural Water System Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyon And Sioux Rural Water System Inc 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 12/2021, Lyon And Sioux Rural Water System Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 2.6% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

A RURAL WATER SYSTEM THAT IS DEDICATED TO PROVIDING SAFE, HIGH QUALITY WATER TO RURAL RESIDENTS IN THE IOWA COUNTIES OF LYON AND SIOUX AS WELL AS THE IOWA CITIES OF ALVORD, BOYDEN, DOON, GEORGE, INWOOD, LESTER, MATLOCK AND LARCHWOOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE RURAL WATER SYSTEM IS CONTINUING TO ACHIEVE THE ORGANIZATION'S PURPOSE BY ACQUIRING AND DISTRIBUTING SAFE, QUALITY WATER TO LYON AND SIOUX COUNTY RURAL AREAS AND SELECTED TOWNS IN AMPLE SUPPLY TO MEET THE WATER NEEDS WITHIN THIS DISTRICT.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Tyler Klaassen
Treasurer
$0
Jerry Van Voorst
Vice President
$0
Cory Altena
Secretary
$0
Larry Van Roekel
Treasurer
$0
Bonnie Koel
Admin Manager
$0
Bruce Bonander
Board Member
$0

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,882,489
Investment income $41,409
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $47,382
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 $4,022,027

Create an account to unlock the data you need.

or