National Rural Water Association
- Assets
- $71.9m
- Revenue
- $57.3m
- Investments
- $0.0
- Employees
- 40
- Location
- Duncan, OK
- Founding
- 04/1996
- Data as of
- 02/2022
- EIN
- 73-1006395
Organization Overview
National Rural Water Association is located in Duncan, OK. The organization was established in 1996. 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 02/2022, National Rural Water Association employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National 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 02/2022, National Rural Water Association generated $57.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $52.1m during the year ending 02/2022. While expenses have increased by 4.3% 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.
Since 2020, National Rural Water Association has awarded 147 individual grants totaling $125,514,163. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN STATE ASSOCIATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NRWA PROVIDES TRAINING AND TECHNICAL ASSISTANCE THROUGH 49 AFFILIATED STATE RURAL WATER ASSOCIATIONS, THAT CURRENTLY HAVE OVER 31,000 UTILITY SYSTEM MEMBERS. RURAL WATER TRAINING AND TECHNICAL ASSISTANCE COVERS EVERY ASPECT OF OPERATING, MANAGING AND FINANCING WATER AND WASTEWATER UTILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Keegan Legislative Analyst | 40 | $865,546 | |
Matthew Holmes CEO | Officer | 48 | $337,659 |
William Simpson Legislative Director | Officer | 43 | $326,948 |
Brian Churchman CFO | Officer | 44.5 | $197,601 |
Michael Preston Legislative Analyst | 40 | $168,267 | |
Brad Reed Program Manager | 40 | $117,836 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,371,420 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $52,147,395 |
| 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 | $53,518,815 |
| Total Program Service Revenue | $1,573,730 |
| Investment income | $1,360,656 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $653,257 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $57,280,479 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $44,136,631 |
| Grants and other assistance to domestic individuals. | $40,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $535,260 |
| Compensation of current officers, directors, key employees. | $196,105 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,881,766 |
| Pension plan accruals and contributions | $304,153 |
| Other employee benefits | $1,078,360 |
| Payroll taxes | $261,403 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,799 |
| Fees for services: Accounting | $35,530 |
| Fees for services: Lobbying | $26,592 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $183,321 |
| Fees for services: Other | $20,000 |
| Advertising and promotion | $6,945 |
| Office expenses | $206,024 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $305,736 |
| Travel | $315,825 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $540,946 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,030 |
| Insurance | $61,816 |
| All other expenses | $410,334 |
| Total functional expenses | $52,106,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,611,923 |
| Savings and temporary cash investments | $19,386,186 |
| Pledges and grants receivable | $9,410,773 |
| Accounts receivable, net | $751,014 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,970,563 |
| Inventories for sale or use | $12,323 |
| Prepaid expenses and deferred charges | $213,285 |
| Net Land, buildings, and equipment | $434,972 |
| Investments—publicly traded securities | $36,123,425 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $71,914,464 |
| Accounts payable and accrued expenses | $748,273 |
| Grants payable | $8,399,622 |
| Deferred revenue | $9,173,042 |
| 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 | $18,320,937 |
| Net assets without donor restrictions | $53,593,527 |
| 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 | $71,914,464 |
Grants Awarded
Over the last fiscal year, National Rural Water Association has awarded $44,136,630 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
Ashland, MO PURPOSE: SUB-AWARD | $1,360,643 |
Lonoke, AR PURPOSE: SUB-AWARD | $1,279,283 |
Bowling Green, KY PURPOSE: SUB-AWARD | $1,211,757 |
Kinder, LA PURPOSE: SUB-AWARD | $1,189,360 |
Claverack, NY PURPOSE: SUB-AWARD | $1,171,334 |
Seneca, KS PURPOSE: SUB-AWARD | $1,167,028 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Rural Water Association has recieved totaling $16,000.
| Awarding Organization | Amount |
|---|---|
Laird Norton Family Foundation Seattle, WA PURPOSE: PROGRAM SUPPORT | $16,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Rural Water Association Duncan, OK | $71,914,464 | $57,280,479 |
American Water Works Association Denver, CO | $47,244,350 | $36,832,448 |
Missouri One-Call Systems Inc Jefferson City, MO | $6,160,776 | $7,371,611 |
Cornerstone Credit Union League Plano, TX | $25,425,785 | $7,406,645 |
Mountain West Credit Union Association Denver, CO | $19,431,586 | $5,605,169 |
Heartland Credit Union Association Overland Park, KS | $10,336,481 | $4,005,798 |
Kansas Rural Water Association Seneca, KS | $9,482,087 | $3,142,170 |
Arkansas Rural Water Association Lonoke, AR | $5,765,424 | $2,994,869 |
Texas Cable Association Inc Austin, TX | $4,738,342 | $2,581,048 |
New Mexico Rural Electrification Cooperative Association Inc Santa Fe, NM | $642,696 | $1,814,637 |
Arkansas Bankers Association Little Rock, AR | $5,135,172 | $1,546,175 |
Brs Burlington Northern Santa Fe Bnsf General Committee Walker, MO | $1,461,875 | $1,004,555 |