Wisconsin Water Wells Association Inc
- Assets
- $643.0k
- Revenue
- $273.0k
- Investments
- $50.7k
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 03/2000
- Data as of
- 12/2022
- EIN
- 39-1374844
Organization Overview
Wisconsin Water Wells Association Inc is located in Milwaukee, WI. The organization was established in 2000. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Wisconsin Water Wells Association Inc 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 12/2022, Wisconsin Water Wells Association Inc generated $273.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $237.0k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AND PROTECT WISCONSIN GROUND WATER THROUGH EDUCATION AND REGULATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING EDUCATION CREDIT HOURS AS APPROVED BY THE DEPARTMENT OF NATURAL RESOURCES (DNR) ARE OFFERED AT A SERIES OF SESSIONS THAT TYPICALLY TRAVEL THROUGHOUT THE STATE. EDUCATION IS ALSO PROVIDED VIRTUALLY. EACH SESSION HAS A SERIES OF SPEAKERS WHO PROVIDE CONTENT PRE-VETTED BY THE DNR TO EARN THE CREDIT NECESSARY TO RENEW THEIR INDIVIDUAL LICENSES HELD FOR PUMP INSTALLER, WELL DRILLER AND HEAT EXCHANGE DRILLER. THERE WERE A TOTAL OF 12 ON-DEMAND VIRTUAL OFFERINGS THAT COULD BE VIEWED ANYTIME BETWEEN MARCH AND DECEMBER. WWWA HELD FIVE IN-PERSON SESSIONS, IN WHICH THE VIDEOS WERE PLAYED FOR ATTENDEES AND CREDIT AWARDED. THE ANNUAL CONFERENCE WAS ALSO HELD IN-PERSON.
THE ANNUAL BUSINESS MEETING WAS HELD IN-PERSON AT THE ANNUAL CONFERENCE IN THE FIRST QUARTER.
THE TRIENNIAL PRINTED NEWSLETTER PROVIDES A WAY TO CONVEY IMPORTANT INDUSTRY TRENDS, DEVELOPMENTS, INFORMATION AND EDUCATION TO THE MORE THAN 1,300 LICENSE HOLDERS THROUGHOUT WISCONSIN. IT FURTHER ALLOWS THE ASSOCIATION OFFICE AND SUPPORTIVE COMPANY MEMBERS THE MEANS TO KEEP READERSHIP AWARE OF UPCOMING EVENTS AND IMPORTANT INFORMATION ABOUT THEIR PRODUCTS AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Peterson President | OfficerTrustee | 1 | $0 |
Jason Hintzke Vice President | OfficerTrustee | 1 | $0 |
Jeff Haughian Secretary | OfficerTrustee | 1 | $0 |
Terry Farago Treasurer | OfficerTrustee | 1 | $0 |
David Beecroft Director | Trustee | 1 | $0 |
Jeff Kramer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,838 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,838 |
| Total Program Service Revenue | $263,718 |
| Investment income | $1,968 |
| 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 | $273,004 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,010 |
| Grants and other assistance to domestic individuals. | $6,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $63,648 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,900 |
| Fees for services: Lobbying | $2,517 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,783 |
| Advertising and promotion | $1,540 |
| Office expenses | $27,501 |
| Information technology | $4,708 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,081 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $82,576 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,773 |
| All other expenses | $655 |
| Total functional expenses | $237,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $285,832 |
| Savings and temporary cash investments | $92,812 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $5,321 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $208,324 |
| Investments—other securities | $50,725 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $643,014 |
| Accounts payable and accrued expenses | $9,864 |
| Grants payable | $0 |
| Deferred revenue | $87,301 |
| 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 | $97,165 |
| Net assets without donor restrictions | $545,849 |
| 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 | $643,014 |