Arkansas Rural Water Association
- Assets
- $5.8m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 20
- Location
- Lonoke, AR
- Founding
- 10/1978
- Data as of
- 12/2022
- EIN
- 71-0494563
Organization Overview
Arkansas Rural Water Association is located in Lonoke, AR. The organization was established in 1978. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Arkansas Rural Water Association employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Rural Water Association 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, Arkansas Rural Water Association generated $3.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. While expenses have increased by 3.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ARKANSAS' RURAL WATER UTILITIES THE HIGHEST LEVEL OF TRAINING AND TECHNICAL SERVICES IN ORDER TO OBTAIN QUALITY WATER AT THE LOWEST POSSIBLE COST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ARKANSAS' RURAL WATER UTILITIES TRAINING AND TECHNICAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry House Treasurer | OfficerTrustee | 1 | $0 |
Bryan Smith 2nd Vice Pre | OfficerTrustee | 1 | $0 |
Greg Hooten 1st Vice Pre | OfficerTrustee | 1 | $0 |
Tate House President | OfficerTrustee | 1 | $0 |
John Choate Director | Trustee | 1 | $0 |
Greg Cross Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,764,044 |
| 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 | $1,764,044 |
| Total Program Service Revenue | $1,172,349 |
| Investment income | $58,476 |
| 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 | $2,994,869 |
| 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 | $1,321,148 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,249 |
| Office expenses | $76,037 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,407 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $363,461 |
| Conferences, conventions, and meetings | $220,218 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $121,648 |
| Insurance | $48,118 |
| All other expenses | $232,858 |
| Total functional expenses | $2,819,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,888,400 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $294,307 |
| 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 | $31,371 |
| Net Land, buildings, and equipment | $1,064,580 |
| Investments—publicly traded securities | $2,386,766 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $100,000 |
| Other assets | $0 |
| Total assets | $5,765,424 |
| Accounts payable and accrued expenses | $121,959 |
| Grants payable | $0 |
| Deferred revenue | $15,150 |
| 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 | $137,109 |
| Net assets without donor restrictions | $5,628,315 |
| 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 | $5,765,424 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arkansas Rural Water Association has recieved totaling $1,279,283.
| Awarding Organization | Amount |
|---|---|
National Rural Water Association Duncan, OK PURPOSE: SUB-AWARD | $1,279,283 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tennessee Electric Co-Op Assn Nashville, TN | $3,724,180 | $7,501,409 |
Tennessee Valley Public Power Assocation Inc Chattanooga, TN | $38,455,755 | $10,938,894 |
Missouri One-Call Systems Inc Jefferson City, MO | $6,160,776 | $7,371,611 |
Cornerstone Credit Union League Plano, TX | $25,425,785 | $7,406,645 |
Arkansas Rural Water Association Lonoke, AR | $5,765,424 | $2,994,869 |
Texas Cable Association Inc Austin, TX | $4,738,342 | $2,581,048 |
Mississippi Rural Water Association Inc Raymond, MS | $3,301,172 | $1,882,953 |
Arkansas Bankers Association Little Rock, AR | $5,135,172 | $1,546,175 |
Southern Financial Exchange New Orleans, LA | $2,453,548 | $1,354,861 |
Brs Burlington Northern Santa Fe Bnsf General Committee Walker, MO | $1,461,875 | $1,004,555 |
Utility Supply Management Alliance Inc Argyle, TX | $406,100 | $671,174 |
American Water Works Association Austin, TX | $1,711,439 | $1,118,501 |