American Water Works Association is located in Austin, TX. The organization was established in 1972. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Water Works Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Water Works Association generated $2.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. While expenses have increased by 6.7% 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 ADVANCE PUBLIC HEALTH, SAFETY AND WELFARE BY UNITING THE EFFORTS OF THE FULL SPECTRUM OF THE WATER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING, EDUCATION, CONTINUING EDUCATION, AND SEMINARS PLUS SUPPORT TO THE MEMBERS 3500 PLUS AND NON-MEMBERS IN THE WATER WORKS COMMUNITY.
SCHOLARSHIPS AWARDED TO STUDENTS PURSUING HIGHER EDUCATION IN THE WATER WORKS AND RELATED FIELDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Howe Executive Director | OfficerTrustee | 40 | $202,148 |
Ron Tamada Past Chair | Trustee | 1 | $0 |
Bill R Smith Director | Trustee | 1 | $0 |
Elston Johnson Chair | Trustee | 1 | $0 |
Melissa Bryant Chair-Elect | Trustee | 1 | $0 |
Tommy O'brien Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $101,510 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $185,073 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $286,583 |
Total Program Service Revenue | $1,695,988 |
Investment income | $1,581 |
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 | $1,984,152 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $28,000 |
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. | $202,148 |
Compensation of current officers, directors, key employees. | $28,301 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $56,032 |
Payroll taxes | $13,334 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,830 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $50,750 |
Advertising and promotion | $0 |
Office expenses | $62,703 |
Information technology | $118,349 |
Royalties | $0 |
Occupancy | $0 |
Travel | $168,888 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $377,872 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,585 |
Insurance | $656 |
All other expenses | $107,564 |
Total functional expenses | $1,777,514 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,263,707 |
Savings and temporary cash investments | $533,483 |
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 | $37,217 |
Net Land, buildings, and equipment | $10,289 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,844,696 |
Accounts payable and accrued expenses | $12,373 |
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 | $2,062 |
Total liabilities | $14,435 |
Net assets without donor restrictions | $1,521,405 |
Net assets with donor restrictions | $308,856 |
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 | $1,844,696 |