Joint Well Field Inc

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

EIN: 582667474 ✦ Toronto, SD ✦ Designated as a 501(c)(12)

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Overview

What is Joint Well Field Inc?

Joint Well Field Inc is a nonprofit organization situated in Toronto, South Dakota. Their primary mission is to serve as a reliable water source for the tax-exempt rural water systems, specifically Brookings-Deuel Rural Water System and Kingbrook Rural Water System. By providing this crucial service, they aim to ensure a steady supply of water to these rural communities. Their activities are centered around this mission, contributing to the overall well-being and sustainability of the mentioned rural water systems.

Is Joint Well Field Inc legitimate?

Joint Well Field Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Joint Well Field 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: $3,675
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Joint Well Field Inc?

Joint Well Field Inc's mission is centered around providing a dependable water supply for two tax-exempt rural water systems, specifically Brookings-Deuel Rural Water System and Kingbrook Rural Water System. Their primary objective is to ensure a consistent water source for these rural communities, contributing to their overall well-being and sustainability. The organization's activities are geared towards this goal, aiming to meet the water needs of these rural water systems effectively.

Who is the CEO of Joint Well Field Inc?

Rodney Stormo is the President of Joint Well Field Inc.

What is the revenue of Joint Well Field Inc?

Joint Well Field Inc's revenue in 2022 was $2,476,788.

Who are the executives of Joint Well Field Inc and what are their salaries?


Here are 9 key members and their salaries:


Scott Brandenburger (Director)
  • Compensation: $700
  • Related: $0
  • Other: $0
Troy Lenning (Director)
  • Compensation: $700
  • Related: $0
  • Other: $0
Rodney Stormo (President)
  • Compensation: $700
  • Related: $0
  • Other: $0
Scott Tolzin (Sec/Treasurer)
  • Compensation: $700
  • Related: $0
  • Other: $0
Neal Kjenstad (Vice President)
  • Compensation: $525
  • Related: $0
  • Other: $0
Travis Steffensen (Director)
  • Compensation: $175
  • Related: $0
  • Other: $0
Doyle Renaas (Director)
  • Compensation: $175
  • Related: $0
  • Other: $0
Gene Wilts (Manager - Bks D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heath Thompson (Manager - Kingb)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Joint Well Field Inc?

Joint Well Field Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Joint Well Field Inc

Joint Well Field Inc, as a mission-driven organization, is dedicated to ensuring a reliable source of water for the tax-exempt rural water systems of Brookings-Deuel Rural Water System and Kingbrook Rural Water System. By taking on this role, the nonprofit seeks to address the essential water needs of these rural communities, ensuring they have a consistent supply to support their daily activities and livelihoods. Joint Well Field Inc's mission is a crucial one, as it helps maintain the water infrastructure of these rural water systems, ensuring they can continue to serve their communities effectively. The organization's efforts are instrumental in providing a steady water supply, thereby improving the overall quality of life for the people living in these areas.

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Impact




October, 2024

Joint Well Field Inc plays a critical role in ensuring a consistent and reliable water supply for the tax-exempt rural water systems of Brookings-Deuel Rural Water System and Kingbrook Rural Water System. By focusing on the needs of these rural communities, the organization addresses a fundamental necessity—access to clean and dependable water. The impact of this initiative extends beyond mere water provision, fostering mutual benefit for residents and supporting agricultural and economic stability in the region. Overall, Joint Well Field Inc enhances the quality of life in these rural areas, promoting health, sustainability, and community resilience in South Dakota.




This information is meant to be a general summary of Joint Well Field 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
$2,476,788 (2022)
Expenses
$567,491 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,629
  • Program Service Revenue: $742,963
  • Gross Receipts: $2,477,296

Assets and Liabilities:

  • Total Assets: $6,306,434
  • Total Liabilities: $2,806,691
  • Net Assets: $3,499,743

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Programs

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

Less Water Service Credit

Revenue

-$115,527

Water Sales

Revenue

$858,490

Organization Details

Founding Year

2003

Principal Officer

Rodney Stormo

Main Address

47602 SD Highway 28 PO Box 340, Toronto, SD, 57268

NTEE Category

Code: Y22 - Mutual benefit

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