Arkansas Rural Water Association
- Assets
- $6.3m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 21
- Location
- Lonoke, AR
- Founding
- 10/1978
- Data as of
- 12/2023
- EIN
- 71-0494563
Organization Overview
Arkansas Rural Water Association is located in Lonoke, AR. The organization was established in 1978. 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 12/2023, Arkansas Rural Water Association employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Rural Water 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, Arkansas Rural Water Association generated $3.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. While expenses have increased by 3.7% 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 PROVIDE ARKANSAS' RURAL WATER UTILITIES THE HIGHEST LEVEL OF TRAINING AND TECHNICAL SERVICES IN ORDER TO OBTAIN QUALITY WATER AT THE LOWEST POSSIBLE COST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ARKANSAS' RURAL WATER UTILITIES TRAINING AND TECHNICAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zach Baker Director | Trustee | 1 | $0 |
Butch Bartholomew Director | Trustee | 1 | $0 |
Bobby Brown Director | Trustee | 1 | $0 |
John Choate Director | Trustee | 1 | $0 |
Greg Cross Secretary | Trustee | 1 | $0 |
Jeff Ford Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,729,896 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,890 |
| Noncash contributions included in lines 1a–1f | $9,410 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,763,786 |
| Total Program Service Revenue | $1,182,544 |
| Investment income | $74,353 |
| 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 | $3,262,692 |
| 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 | $1,506,355 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $44,544 |
| Office expenses | $98,723 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,916 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $412,618 |
| Conferences, conventions, and meetings | $248,468 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $138,843 |
| Insurance | $51,717 |
| All other expenses | $173,831 |
| Total functional expenses | $2,963,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,862,590 |
| Savings and temporary cash investments | $301,464 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $382,350 |
| 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 | $30,951 |
| Net Land, buildings, and equipment | $939,819 |
| Investments—publicly traded securities | $2,656,039 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $75,000 |
| Other assets | $19,840 |
| Total assets | $6,268,053 |
| Accounts payable and accrued expenses | $91,975 |
| Grants payable | $0 |
| Deferred revenue | $17,446 |
| 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 | $19,568 |
| Total liabilities | $128,989 |
| Net assets without donor restrictions | $6,139,064 |
| 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 | $6,268,053 |