Regional Water

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

EIN: 421089032 ✦ Avoca, IA ✦ Designated as a 501(c)(12)

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Overview

What is Regional Water?

Regional Water is a nonprofit organization situated in Avoca, Iowa, dedicated to serving rural communities. Their primary mission is to establish and manage wastewater systems and processors to ensure clean water for these areas. As a rural water service, they contribute significantly to the well-being of local communities by providing essential water-related infrastructure.

Is Regional Water legitimate?

Regional Water is a legitimate nonprofit organization registered as a 501(c)(12) entity. Regional Water 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $694,420

For more financial information, click here

What is the mission statement of Regional Water?

Regional Water's mission is focused on serving rural communities by providing essential wastewater systems and water processors. As a dedicated organization, it strives to improve the livelihoods of these communities by ensuring they have access to clean water and proper waste management facilities. While the exact location of Regional Water is Avoca, Iowa, this information is not relevant to the mission statement. The organization's primary goal is to enhance the quality of life in rural areas through sustainable water solutions.

Who is the CEO of Regional Water?

Larry Klein is the President of Regional Water.

What is the revenue of Regional Water?

Regional Water's revenue in 2022 was $3,344,589.

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

The average compensation at Regional Water during 2022 was $38,579. There are 18 employees at Regional Water.


Here are 5 key members and their salaries:


Larry Klein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Lee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Sorensen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Stolz (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Walton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Regional Water?

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

Mission Statement of Regional Water

Regional Water, as a nonprofit organization, is committed to serving rural communities by offering wastewater systems and water processors. They specialize in addressing the unique water needs of these areas, working tirelessly to improve their infrastructure and ensure clean, safe water for their residents. By providing these essential services, Regional Water plays a vital role in enhancing the quality of life in rural communities, making a significant impact on their well-being and development.

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Impact




October, 2024

Regional Water significantly impacts rural communities by providing essential wastewater systems and water processing solutions. Located in Avoca, IA, this organization addresses the critical need for reliable water services in areas that often lack sufficient infrastructure. By focusing on rural water service, Regional Water enhances the quality of life for residents, ensuring access to safe and clean water. This not only supports public health but also fosters economic development by attracting businesses and improving community resilience. The programs implemented by Regional Water empower communities, promoting sustainability and self-sufficiency in managing their water resources.




This information is meant to be a general summary of Regional Water. 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
$3,344,589 (2022)
Expenses
$3,438,707 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $137,263
  • Program Service Revenue: $3,156,481
  • Gross Receipts: $3,378,098

Assets and Liabilities:

  • Total Assets: $23,976,978
  • Total Liabilities: $13,556,367
  • Net Assets: $10,420,611

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Programs

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

WATER AND SEWER REVENUE

Revenue

$3,124,586

CONNECTION FEES

Revenue

$31,895

Organization Details

Principal Officer

Larry Klein

Main Address

108 HWY 59, AVOCA, IA, 51521

NTEE Category

Code: W80 - Public benefit

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