Nebraska Well Drillers Association
- Assets
- $266.5k
- Revenue
- $211.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 04/1964
- Data as of
- 12/2023
- EIN
- 47-6024999
Organization Overview
Nebraska Well Drillers Association is located in Lincoln, NE. The organization was established in 1964. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Well Drillers Association 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, Nebraska Well Drillers Association generated $211.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $206.9k during the year ending 12/2023. 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
INDUSTRY AND PUBLIC EDUCATION ABOUT GROUNDWATER
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES MOST OF THE LEGALLY REQUIRED CONTINUING EDUCATION FOR THE LICENSED WATER WELL INDUSTRY IN NEBRASKA. THE ASSOCIATION COMMUNICATES WITH APPROXIMATELY 850 LICENSED PROFESSIONALS INTERESTED IN LEARNING ABOUT WATER WELL SUBJECTS AND MORE THAN 1000 NON-LICENSED INDIVIDUALS INTERESTED IN THE WORK OF THE WATER WELL BUSINESS. THE ASSOCIATION PROGRAMS ARE AVAILABLE TO ALL WATER WELL PROFESSIONALS WHETHER MEMBERS OF THE ORGANIZATION OR NOT.
THE ASSOCIATION DISTRIBUTES ITS MAGAZINE TO ALL WATER WELL PROFESSIONALS IN NEBRASKA, OTHER STATES, AND OTHER FEDERAL, STATE AND LOCAL GOVERNMENT REGULATORY INDIVIDUALS WHO ARE IN CONTACT WITH WATER WELL PROFESSIONALS. THE PUBLICATION COVERS TOPICS REGARDING LEGAL AND EDUCATION REQUIREMENTS FOR THE WATER WELL INDUSTRY.
THE ASSOCIATION REPRESENTS THE LICENSED WATER WELL INDUSTRY IN NEBRASKA AND AT THE FEDERAL LEVEL AND PROVIDES INPUT INTO LEGISLATIVE DISCUSSIONS WHICH MIGHT IMPACT THE INDUSTRY AS WELL AS PROVIDING INFORMATION TO THE INDUSTRY ABOUT LEGISLATIVE AND GOVERNMENTAL ACTIVITIES AFFECTING WATER WELL PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Remmenga Past President | OfficerTrustee | 1 | $0 |
Brent Downey Treasurer | OfficerTrustee | 1 | $0 |
David Downey Director | Trustee | 1 | $0 |
Casey Christensen President | OfficerTrustee | 1 | $0 |
Thomas Christopherson Vice President | OfficerTrustee | 1 | $0 |
Robert Preister Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $35,880 |
| 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 | $35,880 |
| Total Program Service Revenue | $164,750 |
| Investment income | $3,336 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,936 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $211,902 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $100,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,210 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,450 |
| Advertising and promotion | $0 |
| Office expenses | $2,861 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,416 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,952 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,791 |
| All other expenses | $12,177 |
| Total functional expenses | $206,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $266,538 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $266,538 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $266,538 |
| 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 | $266,538 |