Civic Intelligence

Minnesota Section American Water Works

EIN 23-7026161 • 501(c)3 • Roseville, MN

Profile

The American Water Works Association is an international, nonprofit, scientific and educational society dedicated to providing total water solutions assuring the effective management of water. Founded in 1881, the Association is the largest organization of water supply professionals in the world.

2355 Fairview Ave NRoseville, MN 55113

www.mnawwa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.04x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

70th percentile

0.11x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

83rd percentile

33%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

71st percentile

15%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2021

Revenue Growth

23rd percentile

-11%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2021

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$901,342

Up $60,089 (+7.1%) from 2023

Liabilities

Down

$6,207

Down $21,926 (-78%) from 2023

Net Assets

Up

$895,135

Up $82,015 (+10%) from 2023

Operations
Liabilities / Revenue70th percentileNet Margin83rd percentile

Revenue

Up

$453,510

Up $18,543 (+4.3%) from 2023

Expenses

Down

$397,974

Down $18,441 (-4.4%) from 2023

Net Income

Up

$55,536

Up $36,984 (+199%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $375,959Liabilities 2010: $6,543Net Assets 2010: $369,4162010Assets 2011: $406,066Liabilities 2011: $13,658Net Assets 2011: $392,4082011Assets 2012: $436,360Liabilities 2012: $10,557Net Assets 2012: $425,8032012Assets 2013: $521,474Liabilities 2013: $28,260Net Assets 2013: $493,2142013Assets 2014: $520,214Liabilities 2014: $16,569Net Assets 2014: $503,6452014Assets 2015: $502,903Liabilities 2015: $23,451Net Assets 2015: $479,4522015Assets 2016: $511,265Liabilities 2016: $47,758Net Assets 2016: $463,5072016Assets 2017: $568,959Liabilities 2017: $44,807Net Assets 2017: $524,1522017Assets 2018: $535,470Liabilities 2018: $53,160Net Assets 2018: $482,3102018Assets 2019: $608,385Liabilities 2019: $40,763Net Assets 2019: $567,6222019Assets 2020: $665,567Liabilities 2020: $35,786Net Assets 2020: $629,7812020Assets 2021: $802,725Liabilities 2021: $30,946Net Assets 2021: $771,7792021Assets 2022: $742,237Liabilities 2022: $5,761Net Assets 2022: $736,4762022Assets 2023: $841,253Liabilities 2023: $28,133Net Assets 2023: $813,1202023Assets 2024: $901,342Liabilities 2024: $6,207Net Assets 2024: $895,1352024

Highlighted filing

2024

Assets$901,342
Liabilities$6,207
Net Assets$895,135
Open 2024 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $234,9872010Expenses 2011: $259,1382011Expenses 2012: $302,5532012Revenue 2013: $306,639Expenses 2013: $300,411Net Income 2013: $6,2282013Revenue 2014: $363,499Expenses 2014: $350,256Net Income 2014: $13,2432014Revenue 2015: $364,482Expenses 2015: $354,173Net Income 2015: $10,3092015Revenue 2016: $365,613Expenses 2016: $391,175Net Income 2016: -$25,5622016Revenue 2017: $358,121Expenses 2017: $337,201Net Income 2017: $20,9202017Revenue 2018: $373,754Expenses 2018: $362,583Net Income 2018: $11,1712018Revenue 2019: $367,290Expenses 2019: $342,094Net Income 2019: $25,1962019Revenue 2020: $139,348Expenses 2020: $129,867Net Income 2020: $9,4812020Revenue 2021: $290,419Expenses 2021: $194,192Net Income 2021: $96,2272021Revenue 2022: $392,703Expenses 2022: $315,856Net Income 2022: $76,8472022Revenue 2023: $434,967Expenses 2023: $416,415Net Income 2023: $18,5522023Revenue 2024: $453,510Expenses 2024: $397,974Net Income 2024: $55,5362024

Highlighted filing

2024

Revenue$453,510
Expenses$397,974
Net Income$55,536
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$901,342
Liabilities
$6,207
Net assets
$895,135
Revenue
$453,510
Expenses
$397,974
Net income
$55,536
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.01$0.06$8.95$4.54$3.98$0.56
2023Detailed filing. Detailed filing data is available for this year.$8.41$0.28$8.13$4.35$4.16$0.19
2022Detailed filing. Detailed filing data is available for this year.$7.42$0.06$7.36$3.93$3.16$0.77
2021Detailed filing. Detailed filing data is available for this year.$8.03$0.31$7.72$2.90$1.94$0.96
2020Detailed filing. Detailed filing data is available for this year.$6.66$0.36$6.30$1.39$1.30$0.09
2019Detailed filing. Detailed filing data is available for this year.$6.08$0.41$5.68$3.67$3.42$0.25
2018Detailed filing. Detailed filing data is available for this year.$5.35$0.53$4.82$3.74$3.63$0.11
2017Detailed filing. Detailed filing data is available for this year.$5.69$0.45$5.24$3.58$3.37$0.21
2016Detailed filing. Detailed filing data is available for this year.$5.11$0.48$4.64$3.66$3.91$0.26
2015Detailed filing. Detailed filing data is available for this year.$5.03$0.23$4.79$3.64$3.54$0.10
2014Detailed filing. Detailed filing data is available for this year.$5.20$0.17$5.04$3.63$3.50$0.13
2013Detailed filing. Detailed filing data is available for this year.$5.21$0.28$4.93$3.07$3.00$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$0.11$4.26$3.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$0.14$3.92$2.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$0.07$3.69$2.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 12, 2025
Return Version
2024v5.0
Gross Receipts
$486,766
Mission and Program Overview

Mission

See page 1, part 1, line 1

To provide information, education, and networking opportunities to the mn drinking water community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$639,058$723,804▲ $84,746
Cash and Non-Interest-Bearing Accounts$170,602$174,576▲ $3,974
Savings and Temporary Cash Investments$27,514--
Prepaid Expenses and Deferred Charges$4,079$2,962▼ $1,117
Total Assets$841,253$901,342▲ $60,089
Liabilities
Accounts Payable and Accrued Expenses$28,133$6,207▼ $21,926
Total Liabilities$28,133$6,207▼ $21,926
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$813,120$895,135▲ $82,015
Total Net Assets Fund Balance$813,120$895,135▲ $82,015
Total Liabilities and Net Assets / Fund Balance$841,253$901,342▲ $60,089

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$331,087-▲ $33,513-$361,441
2023$293,576-▲ $42,078-$331,087
2022$347,540$12▼ $49,340-$293,576
2021$315,959-▲ $36,499-$347,540
2020$278,925-▲ $41,039-$315,959
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Kathryn JonesChair
Scott AndersonChair-elect
Doug KlamerusPast Chair
Tony BeldenDirector
Abbie BrowenTrustee
Adam BourassaTrustee
Andrew OhrtTrustee
Brent MassmannTrustee
Chad TroitteTrustee
Josh ProkopecTrustee
Kyle HinrichsTrustee
Adam SaloCouncil Chai
Erinn KunikCouncil Chai
Jim DelambertCouncil Chai
Joe WoksonCouncil Chai
Matthew RasmussenCouncil Chai
Racquel VaskeCouncil Chai
Allison WheelerSecretary
Eric VolkTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$14,827
Program Service Revenue
$372,361
Investment Income
$33,890
Other Revenue
$32,432
All Other Contributions
$13,706
Change in Net Assets
$55,536
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$375,481
Grants and Similar Amounts Paid$22,493
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$130,477--$130,477
Fees for Services Other-$58,287-$58,287
Fees for Services Accounting-$36,648-$36,648
Travel$19,012$12,747-$31,759
Grants to Domestic Individuals$17,700--$17,700
All Other Expenses-$10,897-$10,897
Other Expenses$9,460$7,033-$7,033
Grants to Domestic Orgs$4,793--$4,793
Office Expenses-$1,762-$1,762
Total Functional Expenses$254,566$143,408$0$397,974
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$58,925
Fundraising Direct Expenses$33,256
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Conference$47,719$46,598$21,565$25,033
Total Events$47,719$46,598$21,565$25,033
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Membership of the section shall consist of those members of the association residing in or having principal business activity in the section and those assigned to the section by the executive director of the american water works association. The geographic boundaries of the mn section are defined as the state of minnesota. The section shall be divided into sub-units, called "districts". The section membership shall be assigned to districts, based on their association mailing address.”

Form 990, Page 6, Part VI, Line 7A

“All members of the section who are in good standing are eligible to vote on section business or business of the district when a vote of membership or district membership is required. Members have voting powers on actions specified in the bylaws.”

Form 990, Page 6, Part VI, Line 7B

“There are decisions that are subject to approval by members.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is presented to the board of directors to review and approve before filing.”

Form 990, Page 6, Part VI, Line 12C

“Periodic reviews are conducted as described in the policy.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Minnesota Section American Water
EIN
23-7026161
Phone
6513242263
Address
2355 FAIRVIEW AVE N, ROSEVILLE, MN 55113

Signing Officer

Name
Eric Volk
Title
Treasurer
Phone
6513242263
Signed
2025-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Volk
Formed
1991
Legal Domicile
Mn
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
150

Preparer

Firm
Altruic Advisors Cpas
Address
417 FOREST AVENUE, PLYMOUTH, MI 48170
Preparer
Ryan N Hagan CPA
Phone
8882985297
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The american water works association is an international, nonprofit, scientific and educational society dedicated to provide total water solutions assuring the effective management of water. Founded in 1881, the association is the largest organization of water supply.”

Form 990, Part IX, Line 11G

“Contract services 0 58,287 0”

Raw XML AppendixShowing 400 of 520 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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