Community Transit Of Watertown Sisseton Inc
- Assets
- $3.2m
- Revenue
- $3.1m
- Investments
- $15.1k
- Employees
- 94
- Location
- Watertown, SD
- Founding
- Data as of
- 09/2021
- EIN
- 84-3240474
Organization Overview
Community Transit Of Watertown Sisseton Inc is located in Watertown, SD. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2021, Community Transit Of Watertown Sisseton Inc employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Transit Of Watertown Sisseton Inc 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 09/2021, Community Transit Of Watertown Sisseton Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $2.3m during the year ending 09/2021. While expenses have increased by 3.3% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SAFE, RELIABLE PUBLIC TRANSIT AND PROMOTE LIVABILITY AND FREEDOM THROUGH MOBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CTWSI STARTED THE FISCAL YEAR 2021 WITH A GREAT OUTLOOK AS RIDERSHIP WAS TURNING THE CORNER IN THE RIGHT DIRECTION. THE UPTICK IN RIDERSHIP WAS DUE TO THE CLIENT BASE RECEIVING COVID VACCINATIONS AND A DECLINING NUMBER OF COVID-19 CASES IN OUR SERVICE AREA. OUR RIDERSHIP TOTAL FOR THE FISCAL YEAR 2021 WAS 158,508 RIDES. THIS IS AN INCREASE OF 14,710 RIDES. CTWSI'S MILEAGE WAS INCREASED AS WELL; WE DROVE 536,864 MILES COMPARED TO 496,525 MILES FROM FISCAL YEAR 2020. CTWSI'S RIDES PERFORMED WERE FOR SENIOR CITIZENS/PERSONS WITH DISABILITIES TO CONGREGATE AND/OR HOME DELIVERED MEALS, YOUTH TO AND FROM SCHOOL OR SUMMER RECREATION ACTIVITIES, GENERAL PUBLIC TO AND FROM EMPLOYMENT, ALL AGES TO AND FROM MEDICAL APPOINTMENTS, AS WELL AS SHOPPING AND SOCIAL RECREATION. RIDES FOR VETERANS IN RURAL COUNTIES GRANT WERE UP SUBSTANTIALLY. CTWSI ALSO PARTNERED WITH TWO OTHER PUBLIC TRANSIT AGENCIES AND APPLIED FOR ANOTHER GRANT AND WAS SUCCESSFUL. WE WILL START PROVIDING "RIDES TO WELLNESS" STARTING IN FISCAL YEAR 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Holman Co-Executive Director | Officer | 40 | $84,513 |
Terry Hoffman Co-Executive Director | Officer | 40 | $67,080 |
Dawn Regula Secretary (oct 2020 - Feb 2021) | OfficerTrustee | 1 | $0 |
Dave Gleason Vice President | OfficerTrustee | 1 | $0 |
Randy Tupper President | OfficerTrustee | 1 | $0 |
Brenda Hanten Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,138,078 |
| All other contributions, gifts, grants, and similar amounts not included above | $133,050 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,271,128 |
| Total Program Service Revenue | $787,298 |
| Investment income | $3,737 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,204 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,067,367 |
| 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. | $187,461 |
| Compensation of current officers, directors, key employees. | $51,051 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,106,004 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $61,342 |
| Payroll taxes | $96,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $54,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,428 |
| Advertising and promotion | $10,248 |
| Office expenses | $22,634 |
| Information technology | $40,460 |
| Royalties | $0 |
| Occupancy | $16,286 |
| Travel | $159,494 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $276,797 |
| Insurance | $109,483 |
| All other expenses | $0 |
| Total functional expenses | $2,325,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $877,323 |
| Savings and temporary cash investments | $495,557 |
| Pledges and grants receivable | $362,133 |
| Accounts receivable, net | $86,212 |
| 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 | $4,330 |
| Net Land, buildings, and equipment | $1,335,324 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $15,073 |
| Investments—program-related | $0 |
| Intangible assets | $1,267 |
| Other assets | $0 |
| Total assets | $3,177,219 |
| Accounts payable and accrued expenses | $122,874 |
| Grants payable | $0 |
| Deferred revenue | $2,127 |
| 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 | $125,001 |
| Net assets without donor restrictions | $3,052,218 |
| 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 | $3,177,219 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Coordinated Transportation System Pierre, SD | $5,878,312 | $7,521,108 |
River Bend Transit Davenport, IA | $9,319,311 | $4,186,060 |
Regional Transit Authority Art Spencer, IA | $7,517,600 | $4,155,942 |
Community Transit Of Watertown Sisseton Inc Watertown, SD | $3,177,219 | $3,067,367 |
Central Montana Rail Denton, MT | $9,482,967 | $1,447,583 |
Delaware Dubuque And Jackson County Regional Transit Authority Dubuque, IA | $3,802,358 | $1,866,113 |
Nice Ride Minnesota Minneapolis, MN | $986,583 | $586,510 |
Downtown Minneapolis Transportation Management Organization Minneapolis, MN | $362,523 | $509,033 |
Arrow Public Transit Lemmon, SD | $396,696 | $301,566 |
Minnesota Public Transit Association Saint Paul, MN | $189,844 | $225,415 |
Community Solutions Of Eastern Iowa Dubuque, IA | $94,216 | $233,883 |
Missoula Institute For Sustainabletransportation Missoula, MT | $1,278,793 | $283,191 |