Rathbun Regional Water Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237189705 ✦ Centerville, IA ✦ Designated as a 501(c)(12)

Overview

What is Rathbun Regional Water Association Inc?

Rathbun Regional Water Association Inc is a nonprofit organization based in Centerville, Iowa. With a workforce of 74 employees, they are dedicated to providing water to residents and communities in south central and southeast Iowa, as well as public water supply districts and communities in northern Missouri. Their mission is to ensure a consistent water supply, billing an average of 3,267,817,000 gallons annually for 21,285 active members/customers (as of December 31, 2022).


Official website here: www.rrwa.net

Is Rathbun Regional Water Association Inc legitimate?

Rathbun Regional Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rathbun Regional Water Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $197,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,815,975

For more financial information, click here


Official website here: www.rrwa.net

What is the mission statement of Rathbun Regional Water Association Inc?

The Rathbun Regional Water Association Inc is dedicated to supplying water to residents and communities in south central and southeast Iowa, as well as public water supply districts and communities in northern Missouri. Their primary objective is to ensure access to clean water for their members and communities. In 2022, they provided 3,267,817,000 gallons of water and served an average of 21,285 active members and customers. Through the purification and distribution of water, they aim to fulfill the essential water needs of the communities they serve.


Official website here: www.rrwa.net

Who is the CEO of Rathbun Regional Water Association Inc?

Randy Eddy is the Chairman of Rathbun Regional Water Association Inc. The CEO's salary of Rathbun Regional Water Association Inc is $161,785 and their total compensation is $197,050.


Official website here: www.rrwa.net

What is the revenue of Rathbun Regional Water Association Inc?

Rathbun Regional Water Association Inc's revenue in 2022 was $27,694,472.


Official website here: www.rrwa.net

Who are the executives of Rathbun Regional Water Association Inc and what are their salaries?

The average compensation at Rathbun Regional Water Association Inc during 2022 was $54,230. There are 74 employees at Rathbun Regional Water Association Inc.

Here are 8 key members and their salaries (Rathbun Regional Water Association Inc's CEO's salary is $161,785 and their total compensation is $197,050):

    Rod Glosser (Ceo)
  • Compensation: $161,785
  • Related: $0
  • Other: $35,265

    • Curt Frank (Director)
  • Compensation: $5,135
  • Related: $0
  • Other: $0

    • Charles Warner (Director)
  • Compensation: $4,812
  • Related: $0
  • Other: $0

    • Garry Schiller (Director)
  • Compensation: $4,473
  • Related: $0
  • Other: $0

    • Doug Goben (Secretary/Tr) [Trustee/Director]
  • Compensation: $3,683
  • Related: $0
  • Other: $0

    • Ken Wuthrich (Director)
  • Compensation: $3,636
  • Related: $0
  • Other: $0

    • Dennis Amoss (Vice Chairma) [Trustee/Director]
  • Compensation: $3,305
  • Related: $0
  • Other: $0

    • Randy Eddy (Chairman) [Trustee/Director]
  • Compensation: $2,678
  • Related: $0
  • Other: $0


  • Official website here: www.rrwa.net

    Where can I find the form 990 for Rathbun Regional Water Association Inc?

    The Rathbun Regional Water Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rrwa.net

    Learn more at the official website: www.rrwa.net

    Mission Statement of Rathbun Regional Water Association Inc

    Rathbun Regional Water Association Inc, a water provision organization, is dedicated to delivering water to residents and communities in South Central and Southeast Iowa, as well as to public water supply districts and communities in Northern Missouri. The association's primary objective is to ensure a consistent water supply for its members and customers.

    With an average of 21,285 active members and customers as of December 31, 2022, Rathbun Regional Water Association Inc plays a vital role in meeting the water needs of various communities. The organization's mission extends beyond its own member base, as it also caters to public water supply districts and communities, demonstrating a strong commitment to serving a broader population.

    In 2022, Rathbun Regional Water Association Inc billed its customers for an impressive 3,267,817,000 gallons of water. This significant volume underscores the organization's ability to provide a substantial quantity of water to the areas it serves. The association's purification and distribution process ensures that the water it delivers is of high quality, making it a trusted provider in the region.

    Impact

    This information is meant to be a general summary of Rathbun Regional Water Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Rathbun Regional Water Association Inc's impact lies in its crucial role in providing clean and safe water to residents and communities in South Central and Southeast Iowa, as well as public water supply districts and communities in Northern Missouri. With its focus on the purification and distribution of water, the organization serves an average of 21,285 active members/customers and billed 3,267,817,000 gallons of water in 2022. This essential service plays a vital role in ensuring public health, sanitation, and overall well-being in the regions it serves, demonstrating a significant and tangible public benefit.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $489,691
  • Program Service Revenue: $27,204,781
  • Gross Receipts: $27,759,485

    • Assets and Liabilities:
  • Total Assets: $149,040,124
  • Total Liabilities: $37,528,457
  • Net Assets: $111,511,667
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    WATER REVENUE

    Revenue

    $24,948,407

    CONSTRUCTION INCOME

    Revenue

    $1,623,264

    WASTE WATER REVENUE

    Revenue

    $237,770

    CONNECTION FEES

    Revenue

    $192,518

    OTHER OPERATING INCOME

    Revenue

    $162,946

    Organization Details

    Founding Year

    1976

    Principal Officer

    Randy Eddy

    Main Address

    16166 HWY J29, CENTERVILLE, IA, 52544

    NTEE Category

    Code: W80 - Public benefit

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