Aurora-Brule Rural Water System Inc
- Assets
- $18.0m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Kimball, SD
- Founding
- 03/1990
- Data as of
- 12/2023
- EIN
- 46-0411524
Organization Overview
Aurora-Brule Rural Water System Inc is located in Kimball, SD. The organization was established in 1990. 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 12/2023, Aurora-Brule Rural Water System Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aurora-Brule 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 12/2023, Aurora-Brule Rural Water System Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 0.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ACQUIRE, CONSTRUCT, MAINTAIN, AND OPERATE A SYSTEM FOR THE DIVERSION, SUPPLY, STORAGE, AND DISTRIBUTION OF WATER TO THE MEMBERS OF THIS CORPORATION FOR DOMESTIC, AGRICULTURAL, AND COMMERCIAL PURPOSES WITHIN A SEVEN-COUNTY AREA SERVED BY THE CORPORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SAFE DRINKING WATER TO A SEVEN-COUNTY AREA IN SOUTH DAKOTA. THE ORGANIZATION SOLD APPROXIMATELY 389.9 MILLION GALLONS OF WATER TO EIGHT COMMUNITIES (SERVICED 309 PASTURE TAPS AND 1056 INDIVIDUAL METERS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Geppert Vice Chairma | OfficerTrustee | 0.5 | $0 |
Ron Gillen Chairman | OfficerTrustee | 0.5 | $0 |
Raymond Heath Secretary | OfficerTrustee | 0.5 | $0 |
Paul Hettinger Director | Trustee | 0.5 | $0 |
Craig Swanson Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,880,266 |
| 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 | $1,880,266 |
| Total Program Service Revenue | $2,155,743 |
| Investment income | $100,230 |
| 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 | $4,137,601 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $383,404 |
| Pension plan accruals and contributions | $29,647 |
| Other employee benefits | $57,443 |
| Payroll taxes | $29,028 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,291 |
| Fees for services: Accounting | $12,124 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,299 |
| Advertising and promotion | $5,417 |
| Office expenses | $8,869 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $182,450 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $480,249 |
| Insurance | $26,960 |
| All other expenses | $85,615 |
| Total functional expenses | $2,045,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $365,229 |
| Savings and temporary cash investments | $2,508,530 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $127,510 |
| 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 | $0 |
| Net Land, buildings, and equipment | $14,882,576 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $79,578 |
| Total assets | $17,963,423 |
| Accounts payable and accrued expenses | $179,546 |
| 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 | $8,632,209 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,811,755 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $241,678 |
| Paid-in or capital surplus, or land, building, or equipment fund | $10,668,104 |
| Retained earnings, endowment, accumulated income, or other funds | -$1,758,114 |
| Total liabilities and net assets/fund balances | $17,963,423 |