Rippling Waters

Organization Overview

Rippling Waters is located in Ottumwa, IA. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rippling Waters 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, Rippling Waters generated $164.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.8%) each year. All expenses for the organization totaled $234.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

REIMAGINE WAPELLO COUNTY BY RENOVATING, RESTORING AND CREATING NEIGHBORHOODS. REVITALIZE NEIGHBORHOODS THROUGH STRATEGIC COMMUNITY PLANNING, REMOVING BLIGHTED HOMES IN DEFINED AREAS TO ALLOW NEW DEVELOPMENT AND WORK TO CREATE NEW AFFORDABLE QUALITY HOUSING AND THRIVING NEIGHBORHOODS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESTORING AND REVITALIZING DISTRESSED PROPERTIES TO BRING VALUE TO THE LOCAL COMMUNITY


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Board, Officers & Key Employees

Name (title)Compensation
Barb Codjoe
Chairperson
$0
Kelly Genners
Board Member
$0
John Helgerson
Board Member
$0
Himar Hernandez
Secretary/tr
$0
Rick Johnson
Board Member
$0
Marc Roe
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $15,000
All other contributions, gifts, grants, and similar amounts not included above$31,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$46,000
Total Program Service Revenue$56,109
Investment income $35,262
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $31,895
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$18,977
Miscellaneous Revenue$0
Total Revenue $164,219

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