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Southern Black Hills Water System

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

EIN: 861133469 ✦ Hot springs, SD ✦ Designated as a 501(c)(12)

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Overview

What is Southern Black Hills Water System?

The Southern Black Hills Water System is a nonprofit organization with a mission to provide water to residents in a specific geographical area. Based in Hot Springs, South Dakota, the organization operates, maintains, and constructs a regional water system to meet the needs of current and future residents, businesses, and communities in the Southern Black Hills region in the most economical and timely manner possible. To achieve this goal, they plan and construct a regional water system to ensure the delivery of safe and dependable water. The Southern Black Hills Water System is operated by a team of two dedicated individuals.


Official website here: www.southernblackhillswater.com

Is Southern Black Hills Water System legitimate?

Southern Black Hills Water System is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southern Black Hills Water System 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: $94,353
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,369

For more financial information, click here


Official website here: www.southernblackhillswater.com

What is the mission statement of Southern Black Hills Water System?

The Southern Black Hills Water System's mission is to plan and construct a regional water system, ensuring the provision of safe and dependable water to all current and future residents, businesses, and communities in need, in the most economical and timely manner possible. Their operations involve operating, maintaining, and constructing the regional water system, as well as acquiring and transferring water for delivery and sale, when necessary. Their primary goal is to meet the water needs of their community in an efficient and reliable manner.


Official website here: www.southernblackhillswater.com

Who is the CEO of Southern Black Hills Water System?

Don Peterson is the Manager of Southern Black Hills Water System.


Official website here: www.southernblackhillswater.com

What is the revenue of Southern Black Hills Water System?

Southern Black Hills Water System's revenue in 2022 was $778,632.


Official website here: www.southernblackhillswater.com

Who are the executives of Southern Black Hills Water System and what are their salaries?

The average compensation at Southern Black Hills Water System during 2022 was $67,361. There are 2 employees and 9 volunteers at Southern Black Hills Water System.


Here are 8 key members and their salaries:


Don Peterson (Manager)
  • Compensation: $93,535
  • Related: $0
  • Other: $818
Ted Wick (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Smith (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Baird (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Zolnowsky (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Nase (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Seaboldt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Krump (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.southernblackhillswater.com

Where can I find the form 990 for Southern Black Hills Water System?

Southern Black Hills Water System's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.southernblackhillswater.com

Learn more at the official website: www.southernblackhillswater.com

Mission Statement of Southern Black Hills Water System

The Southern Black Hills Water System is committed to providing water to the residents within its designated area. Its mission, in essence, revolves around planning and constructing a regional water system with the primary objective of ensuring the delivery of safe and dependable water to all current and future residents, businesses, and communities in need, in the most economical and timely manner possible. The system operates, maintains, and constructs this regional water network, and, when necessary, conducts related business activities to acquire water and transfer it for delivery and sale. The ultimate goal is to establish a reliable and efficient water supply infrastructure that caters to the needs of the community, ensuring a sustainable water supply for generations to come.

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Impact




October, 2024

The Southern Black Hills Water System plays a crucial role in ensuring the availability of safe and dependable water for residents, businesses, and communities in the Southern Black Hills region. By operating, maintaining, and constructing a regional water system, it effectively addresses the essential need for water in an area that may face challenges in supply and infrastructure.

Its commitment to providing water is not just focused on current residents but also takes into consideration the needs of future populations, thereby promoting sustainable growth and development. The organization employs efficient and timely methods for acquiring and delivering water, which enhances community resilience and improves the quality of life for individuals and families in Hot Springs, South Dakota, and surrounding areas.

Ultimately, the impact of the Southern Black Hills Water System extends beyond mere water supply; it fosters community health, supports local businesses, and promotes economic stability in a vital natural resource-dependent region.




This information is meant to be a general summary of Southern Black Hills Water System. 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
$778,632 (2022)
Expenses
$1,058,866 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $259
  • Program Service Revenue: $778,373
  • Gross Receipts: $778,632

Assets and Liabilities:

  • Total Assets: $15,673,420
  • Total Liabilities: $3,277,624
  • Net Assets: $12,395,796

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Programs

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

WATER FEES

Revenue

$778,373

Organization Details

Founding Year

2005

Principal Officer

Don Peterson

Main Address

26858 HWY 385, HOT SPRINGS, SD, 57747

NTEE Category

Code: W80 - Public benefit

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