Sioux Rural Water System Inc

Organization Overview

Sioux Rural Water System Inc is located in Watertown, SD. The organization was established in 1988. 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 12/2021, Sioux Rural Water System Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sioux Rural Water System Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Sioux Rural Water System Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE A SUFFICIENT AMOUNT OF QUALITY WATER TO MEMBERS AND TOWNS IN HAMLIN, CODINGTON, DEUEL AND CLARK COUNTIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE WATER FOR FARMS AND SMALL TOWNS IN FOUR COUNTIES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Heath Thompson
Manager
$92,085
Darwin Mack
President
$7,398
Jim Thyen
Director
$5,822
Keith Smith
Director
$3,490
Betsy Olseon
Director
$3,233
Kent Roe
Vice President
$3,226

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $301,706
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$301,706
Total Program Service Revenue$2,514,904
Investment income $2,829
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $17,259
Net Gain/Loss on Asset Sales -$849
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,897,271

Create an account to unlock the data you need.

or