Sioux Rural Water System Inc

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

EIN: 460319686 ✦ Watertown, SD ✦ Designated as a 501(c)(12)

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Overview

What is Sioux Rural Water System Inc?

Sioux Rural Water System Inc, located in Watertown, South Dakota, is a nonprofit organization with a mission to ensure a reliable supply of high-quality water for its members and local towns. Serving Hamlin, Codington, Deuel, and Clark counties, this organization operates with a team of nine dedicated individuals. The primary objective of Sioux Rural Water System Inc is to provide an adequate amount of water to fulfill the needs of its members and support the surrounding communities. This vital service contributes significantly to the agricultural and residential sectors in the region, ensuring the continued growth and development of the rural areas it serves.

Is Sioux Rural Water System Inc legitimate?

Sioux Rural Water System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sioux Rural Water System 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: $163,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $257,698

For more financial information, click here

What is the mission statement of Sioux Rural Water System Inc?

Sioux Rural Water System Inc's mission is centered around providing a sufficient quantity of high-quality water to its member communities and towns situated in Hamlin, Codington, Deuel, and Clark counties. The organization's primary goal is to ensure the availability of clean water for agricultural purposes and small towns in these South Dakota regions. In essence, Sioux Rural Water System Inc serves to address the water needs of its constituents, thereby promoting sustainable living and community development.

Who is the CEO of Sioux Rural Water System Inc?

Darwin Mack is the President of Sioux Rural Water System Inc.

What is the revenue of Sioux Rural Water System Inc?

Sioux Rural Water System Inc's revenue in 2022 was $3,231,112.

Who are the executives of Sioux Rural Water System Inc and what are their salaries?

The average compensation at Sioux Rural Water System Inc during 2022 was $46,745. There are 9 employees at Sioux Rural Water System Inc.


Here are 11 key members and their salaries:


Travis Steffensen (General Manager)
  • Compensation: $73,004
  • Related: $0
  • Other: $22,227
Heath Thompson (Prior Gm)
  • Compensation: $53,515
  • Related: $0
  • Other: $7,773
Darwin Mack (President)
  • Compensation: $8,892
  • Related: $0
  • Other: $0
Jim Thyen (Director)
  • Compensation: $6,761
  • Related: $0
  • Other: $0
Todd Moritz (Secretary)
  • Compensation: $3,483
  • Related: $0
  • Other: $0
Betsy Oleson (Director)
  • Compensation: $3,405
  • Related: $0
  • Other: $0
Daniel Schleusner (Director)
  • Compensation: $3,157
  • Related: $0
  • Other: $0
Kent Roe (Vice President)
  • Compensation: $3,001
  • Related: $0
  • Other: $0
Keith Smith (Director)
  • Compensation: $2,839
  • Related: $0
  • Other: $0
Jon Hegge (Treasurer)
  • Compensation: $2,540
  • Related: $0
  • Other: $0
Brad Jongeling (Director)
  • Compensation: $2,411
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sioux Rural Water System Inc?

Sioux Rural Water System Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sioux Rural Water System Inc

Sioux Rural Water System Inc, as a nonprofit organization, is committed to ensuring a sufficient supply of high-quality water for its members and the towns located in Hamlin, Codington, Deuel, and Clark counties. Their mission is centered around providing this essential resource, crucial for both agricultural and domestic purposes. By fulfilling this role, they contribute significantly to the well-being and sustainability of the communities they serve.

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Impact




October, 2024

Sioux Rural Water System Inc significantly impacts the communities it serves by ensuring access to a reliable supply of quality water for farms and small towns across Hamlin, Codington, Deuel, and Clark counties in South Dakota. By fulfilling this essential need, the organization supports agricultural productivity, facilitates public health, and enhances the quality of life for residents. With a mission centered on providing sufficient water resources, Sioux Rural Water System Inc plays a critical role in sustaining rural economies and fostering community development in the region.




This information is meant to be a general summary of Sioux Rural Water System 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
$3,231,112 (2022)
Expenses
$2,241,869 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $37,829
  • Program Service Revenue: $2,580,037
  • Gross Receipts: $3,231,112

Assets and Liabilities:

  • Total Assets: $19,435,568
  • Total Liabilities: $8,727,945
  • Net Assets: $10,707,623

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Programs

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

Fees- Hookup/Reconnect

Revenue

$70,034

Sale of Water

Revenue

$2,510,003

Organization Details

Founding Year

1973

Principal Officer

Darwin Mack

Main Address

45703 176th Street, Watertown, SD, 57201

NTEE Category

Code: W80 - Public benefit

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