Kingbrook Rural Water System Inc

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

EIN: 460322961 ✦ Arlington, SD ✦ Designated as a 501(c)(12)

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Overview

What is Kingbrook Rural Water System Inc?

Kingbrook Rural Water System Inc, based in Arlington, South Dakota, is a nonprofit organization established with the purpose of acquiring, constructing, maintaining, and operating a water system. Their primary mission is to provide high-quality water to their members, serving various counties such as Hamlin, Clark, Kingsbury, Brookings, Lake, Moody, Miner, Minnehaha, Beadle, Sanborn, and McCook in South Dakota. The organization's activities revolve around the distribution, storage, and supply of water, ensuring the well-being of its members in these areas. With a team of 16 employees, Kingbrook Rural Water System Inc plays a significant role in ensuring sustainable water supply within its service area.

Is Kingbrook Rural Water System Inc legitimate?

Kingbrook Rural Water System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kingbrook 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: $158,635
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,011,864

For more financial information, click here

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

Kingbrook Rural Water System Inc's mission is centered around providing water services. Established with the purpose of acquiring, constructing, maintaining, and operating a water system, its primary goal is to supply high-quality water to its members in various South Dakota counties. The organization's activities are focused on ensuring a reliable water supply for its members, contributing to their daily needs and well-being.

Who is the CEO of Kingbrook Rural Water System Inc?

Heath Thompson is the General Manager of Kingbrook Rural Water System Inc.

What is the revenue of Kingbrook Rural Water System Inc?

Kingbrook Rural Water System Inc's revenue in 2022 was $10,793,043.

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

The average compensation at Kingbrook Rural Water System Inc during 2022 was $73,156. There are 16 employees at Kingbrook Rural Water System Inc.


Here are 9 key members and their salaries:


Erin Briggs-Hayes (Former General Manager)
  • Compensation: $66,981
  • Related: $0
  • Other: $6,123
Heath Thompson (General Manager)
  • Compensation: $55,816
  • Related: $0
  • Other: $16,138
Marvin Antonen (Chairman)
  • Compensation: $6,789
  • Related: $0
  • Other: $0
Rodney Stormo (Sec/Treasurer)
  • Compensation: $6,719
  • Related: $0
  • Other: $0
Scott Tolzin (Vice Chairman)
  • Compensation: $5,476
  • Related: $0
  • Other: $0
Corey Dorhout (Director)
  • Compensation: $5,199
  • Related: $0
  • Other: $0
Doyle Renaas (Director)
  • Compensation: $5,097
  • Related: $0
  • Other: $0
Norman Andenas (Director)
  • Compensation: $4,948
  • Related: $0
  • Other: $0
Brian Christensen (Director)
  • Compensation: $1,610
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kingbrook Rural Water System Inc?

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

Mission Statement of Kingbrook Rural Water System Inc

Kingbrook Rural Water System Inc, as its mission, is dedicated to procuring, constructing, maintaining, and operating a system for the collection, storage, and distribution of high-quality water. This mission is aimed at providing this essential resource to its members residing in various counties, including Hamlin, Clark, Kingsbury, Brookings, Lake, Moody, Miner, Minnehaha, Beadle, Sanborn, and McCook, located in South Dakota. The primary objective of Kingbrook Rural Water System Inc is to ensure a reliable water supply for its members, thereby enhancing their overall quality of life.

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Impact




October, 2024

Kingbrook Rural Water System Inc. plays a crucial role in providing high-quality water to its members across several counties in South Dakota, including Hamlin, Clark, Kingsbury, Brookings, Lake, Moody, Miner, Minnehaha, Beadle, Sanborn, and McCook. By focusing on the diversion, supply, storage, and distribution of water, Kingbrook ensures that communities have reliable access to this essential resource, which is vital for drinking, agriculture, and daily living.

The system effectively caters to the needs of its members, promoting public health by supplying clean and safe drinking water. By emphasizing quality and accessibility, Kingbrook supports not only individual households but also local economies and agricultural operations, contributing to the well-being and sustainability of the wider community. With its base in Arlington, SD, Kingbrook Rural Water System Inc. fosters regional collaboration and investment in infrastructure, enhancing the quality of life for residents across the service area.




This information is meant to be a general summary of Kingbrook 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
$10,793,043 (2022)
Expenses
$6,641,916 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $94,735
  • Program Service Revenue: $6,653,388
  • Gross Receipts: $10,793,043

Assets and Liabilities:

  • Total Assets: $59,675,886
  • Total Liabilities: $26,764,756
  • Net Assets: $32,911,130

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Programs

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

Capacity Charges

Revenue

$352,957

Hook Up Fees

Revenue

$175,600

Water Sales

Revenue

$6,124,831

Organization Details

Founding Year

1975

Principal Officer

Heath Thompson

Main Address

PO Box 299, Arlington, SD, 57212

NTEE Category

Code: W80 - Public benefit

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