Rathbun Regional Water Association Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237189705 ✦ Centerville, IA ✦ Designated as a 501(c)(12)

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Overview

What is Rathbun Regional Water Association Inc?

Rathbun Regional Water Association Inc is a nonprofit organization based in Centerville, Iowa. With a workforce of 74 employees, they are dedicated to providing water to residents and communities in south central and southeast Iowa, as well as public water supply districts and communities in northern Missouri. Their mission is to ensure a consistent water supply, billing an average of 3,267,817,000 gallons annually for 21,285 active members/customers (as of December 31, 2022).


Official website here: www.rrwa.net

What are the reviews and ratings of this charity?

Rathbun Regional Water Association Inc is not currently rated by Charity Navigator. This is primarily due to its status as a non-501(c)(3) organization, which excludes it from the traditional evaluation methods used by Charity Navigator. The absence of a rating does not imply any qualitative assessment, positive or negative, of the organization’s operations.

Historically, organizations like Rathbun Regional Water Association were assessed largely on their Accountability and Finance, but changes in rating methodologies now require varying beacon scores, like Leadership, Culture, and Impact, which are not applicable here. The lack of detailed financial data such as revenue, expenses, and key salaries further hinders a comprehensive evaluation.

There are no user reviews available from GreatNonprofits for Rathbun Regional Water Association Inc, making it challenging to gather insights from the community or stakeholder experiences regarding the organization's operations and impact.


This AI summary has been generated from information found on Charity Navigator.

Is Rathbun Regional Water Association Inc legitimate?

Rathbun Regional Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rathbun Regional Water Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $197,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,815,975

For more financial information, click here


Official website here: www.rrwa.net

What is the mission statement of Rathbun Regional Water Association Inc?

The Rathbun Regional Water Association Inc is dedicated to supplying water to residents and communities in south central and southeast Iowa, as well as public water supply districts and communities in northern Missouri. Their primary objective is to ensure access to clean water for their members and communities. In 2022, they provided 3,267,817,000 gallons of water and served an average of 21,285 active members and customers. Through the purification and distribution of water, they aim to fulfill the essential water needs of the communities they serve.


Official website here: www.rrwa.net

Who is the CEO of Rathbun Regional Water Association Inc?

Randy Eddy is the Chairman of Rathbun Regional Water Association Inc. The CEO's salary of Rathbun Regional Water Association Inc is $161,785 and their total compensation is $197,050.


Official website here: www.rrwa.net

What is the revenue of Rathbun Regional Water Association Inc?

Rathbun Regional Water Association Inc's revenue in 2022 was $27,694,472.


Official website here: www.rrwa.net

Who are the executives of Rathbun Regional Water Association Inc and what are their salaries?

The average compensation at Rathbun Regional Water Association Inc during 2022 was $54,230. There are 74 employees at Rathbun Regional Water Association Inc.


Here are 8 key members and their salaries (Rathbun Regional Water Association Inc's CEO's salary is $161,785 and their total compensation is $197,050):


Rod Glosser (Ceo)
  • Compensation: $161,785
  • Related: $0
  • Other: $35,265
Curt Frank (Director)
  • Compensation: $5,135
  • Related: $0
  • Other: $0
Charles Warner (Director)
  • Compensation: $4,812
  • Related: $0
  • Other: $0
Garry Schiller (Director)
  • Compensation: $4,473
  • Related: $0
  • Other: $0
Doug Goben (Secretary/Tr)
  • Compensation: $3,683
  • Related: $0
  • Other: $0
Ken Wuthrich (Director)
  • Compensation: $3,636
  • Related: $0
  • Other: $0
Dennis Amoss (Vice Chairma)
  • Compensation: $3,305
  • Related: $0
  • Other: $0
Randy Eddy (Chairman)
  • Compensation: $2,678
  • Related: $0
  • Other: $0


Official website here: www.rrwa.net

Where can I find the form 990 for Rathbun Regional Water Association Inc?

Rathbun Regional Water Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rrwa.net

Learn more at the official website: www.rrwa.net

Mission Statement of Rathbun Regional Water Association Inc

Rathbun Regional Water Association Inc, a water provision organization, is dedicated to delivering water to residents and communities in South Central and Southeast Iowa, as well as to public water supply districts and communities in Northern Missouri. The association's primary objective is to ensure a consistent water supply for its members and customers.

With an average of 21,285 active members and customers as of December 31, 2022, Rathbun Regional Water Association Inc plays a vital role in meeting the water needs of various communities. The organization's mission extends beyond its own member base, as it also caters to public water supply districts and communities, demonstrating a strong commitment to serving a broader population.

In 2022, Rathbun Regional Water Association Inc billed its customers for an impressive 3,267,817,000 gallons of water. This significant volume underscores the organization's ability to provide a substantial quantity of water to the areas it serves. The association's purification and distribution process ensures that the water it delivers is of high quality, making it a trusted provider in the region.

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Impact




October, 2024

Rathbun Regional Water Association Inc plays a critical role in ensuring the availability and quality of water for residents and communities in south central and southeast Iowa, as well as for public water supply districts and communities in northern Missouri. By purifying and distributing water, the organization supports a substantial population, with an average of 21,285 active members and customers as of December 31, 2022.

In 2022 alone, Rathbun Regional Water Association Inc billed an impressive 3,267,817,000 gallons of water, demonstrating their capacity to meet the needs of their service area. The association’s commitment to providing clean and safe drinking water helps enhance public health, supports local economies, and contributes to the overall quality of life for those it serves. Their efforts ensure that essential water resources are reliably available, fostering sustainable community development and resilience in the face of growing demands.




This information is meant to be a general summary of Rathbun Regional Water Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$27,694,472 (2022)
Expenses
$18,894,486 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $489,691
  • Program Service Revenue: $27,204,781
  • Gross Receipts: $27,759,485

Assets and Liabilities:

  • Total Assets: $149,040,124
  • Total Liabilities: $37,528,457
  • Net Assets: $111,511,667

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

WATER REVENUE

Revenue

$24,948,407

CONSTRUCTION INCOME

Revenue

$1,623,264

WASTE WATER REVENUE

Revenue

$237,770

CONNECTION FEES

Revenue

$192,518

OTHER OPERATING INCOME

Revenue

$162,946

Organization Details

Founding Year

1976

Principal Officer

Randy Eddy

Main Address

16166 HWY J29, CENTERVILLE, IA, 52544

NTEE Category

Code: W80 - Public benefit

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