Lewis And Clark Rural Water System Inc is located in Tea, SD. The organization was established in 1991. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2020, Lewis And Clark Rural Water System Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 09/2020, Lewis And Clark Rural Water System Inc generated $28.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $23.3m during the year ending 09/2020. While expenses have increased by 7.5% per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND OPERATE A HIGH QUALITY THREE STATE WATER SUPPLY SYSTEM TO SERVE THE GROWING NEEDS OF THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE WATER SUPPLIES TO RESIDENTS OF SE SOUTH DAKOTA AND THE ADJACENT AREAS OF SW MINNESOTA AND NW IOWA INCLUDING CONSTRUCTION OF THE WATER SYSTEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Trent Lubbers Secretary | Officer | 1 | $0 |
Red Arndt Chairman | Officer | 1 | $0 |
Jim Hoye Treasurer | Officer | 1 | $0 |
Murray Hulstein Vice Chairman | Officer | 1 | $0 |
Jim Collins Director | Trustee | 1 | $0 |
Todd Uhl Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $15,883,482 |
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 | $15,883,482 |
Total Program Service Revenue | $12,649,708 |
Investment income | $22 |
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 | $28,533,212 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,194,699 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $253,141 |
Payroll taxes | $162,465 |
Fees for services: Management | $0 |
Fees for services: Legal | $23,737 |
Fees for services: Accounting | $12,524 |
Fees for services: Lobbying | $94,541 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,087 |
Office expenses | $38,975 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $12,726 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,979 |
Interest | $7,681 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $16,912,798 |
Insurance | $86,799 |
All other expenses | $672,635 |
Total functional expenses | $23,263,363 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,970,137 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $671,879 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $551,919 |
Prepaid expenses and deferred charges | $43,203 |
Net Land, buildings, and equipment | $328,099,571 |
Investments—publicly traded securities | $11,306,654 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $76,774,683 |
Total assets | $420,418,046 |
Accounts payable and accrued expenses | $233,775 |
Grants payable | $0 |
Deferred revenue | $43,142,326 |
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 | $133,320 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,542,448 |
Total liabilities | $50,051,869 |
Net assets without donor restrictions | $370,366,177 |
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 | $420,418,046 |
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