Association Of Regional Water Organizations
- Assets
- $175.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spencer, IA
- Founding
- 10/2017
- Data as of
- 12/2021
- EIN
- 38-4013791
Organization Overview
Association Of Regional Water Organizations is located in Spencer, IA. The organization was established in 2017. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Regional Water Organizations is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Association Of Regional Water Organizations generated $79.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $62.6k during the year ending 12/2021. While expenses have increased by 19.7% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ASSOCIATION IS TO WORK FOR THE ADVANCEMENT OF REGIONAL WATER AND WASTEWATER ORGANIZATIONS WHILE PROMOTING, DEVELOPING, AND ESTABLISHING, THE EXCHANGE OF BEST PRACTICES, AND PROVIDING A VOICE TO ADVOCATE FOR SUSTAINABLE AND AFFORDABLE WATER AND WASTEWATER SERVICES FOR ALL COMMUNITIES, INCLUDING THE UNDERSERVED AND UNSERVED COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Maras Executive Di | 10 | $15,000 | |
Randy Van Dyke Member | 10 | $0 | |
Glenn Marzluf President | 10 | $0 | |
Douglas Westerman Member | 10 | $0 | |
Paul Hyndman Member | 10 | $0 | |
Matt Mahler Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $28,348 |
| Investment income | $316 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,664 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,000 |
| Professional fees and other payments to independent contractors | $625 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,996 |
| Total expenses | $62,621 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $175,334 |
| Other assets | $0 |
| Total assets | $175,334 |
| Total liabilities | $11,554 |
| Net assets or fund balances | $163,780 |
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