Civic Intelligence

Rathbun Regional Water

990 • Fiscal year 2018 • EIN 23-7189705

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 30, 2019

Organization ProfileWWW.RRWA.NET

View Organization Page

16166 Hwy J29Centerville, IA 52544

(641) 647-2416

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

10th percentile

0.32x

Higher debt load relative to assets than 10% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

2.11x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Net Margin

98th percentile

25%

Higher net margin than 98% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

4th percentile

$184,787

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Asset Growth

35th percentile

2.1%

Faster asset growth than 35% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

97th percentile

18%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets10th percentile

Assets

Up

$143,729,059

Up $2,975,334 (+2.1%) from 2017

Net Assets

Up

$97,262,772

Up $5,447,835 (+5.9%) from 2017

Liabilities

Down

$46,466,287

Down $2,472,501 (-5.1%) from 2017

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin98th percentile

Revenue

Up

$22,018,981

Up $3,430,608 (+18%) from 2017

Expenses

Up

$16,495,854

Up $70,987 (+0.4%) from 2017

Net Income

Up

$5,523,127

Up $3,359,621 (+155%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2013: $136,337,701Liabilities 2013: $53,955,993Net Assets 2013: $82,381,7082013Assets 2015: $139,911,533Liabilities 2015: $51,522,211Net Assets 2015: $88,389,3222015Assets 2017: $140,753,725Liabilities 2017: $48,938,788Net Assets 2017: $91,814,9372017Assets 2018: $143,729,059Liabilities 2018: $46,466,287Net Assets 2018: $97,262,7722018Assets 2019: $143,261,649Liabilities 2019: $44,618,105Net Assets 2019: $98,643,5442019Assets 2020: $143,628,640Liabilities 2020: $42,271,458Net Assets 2020: $101,357,1822020Assets 2021: $143,535,509Liabilities 2021: $40,186,910Net Assets 2021: $103,348,5992021Assets 2022: $149,040,124Liabilities 2022: $37,528,457Net Assets 2022: $111,511,6672022Assets 2024: $156,456,677Liabilities 2024: $39,211,765Net Assets 2024: $117,244,9122024

Highlighted filing

2018

Assets$143,729,059
Liabilities$46,466,287
Net Assets$97,262,772
Open 2018 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0Revenue 2013: $16,105,189Expenses 2013: $13,975,899Net Income 2013: $2,129,2902013Revenue 2015: $17,503,961Expenses 2015: $14,381,015Net Income 2015: $3,122,9462015Revenue 2017: $18,588,373Expenses 2017: $16,424,867Net Income 2017: $2,163,5062017Revenue 2018: $22,018,981Expenses 2018: $16,495,854Net Income 2018: $5,523,1272018Revenue 2019: $18,575,111Expenses 2019: $17,429,697Net Income 2019: $1,145,4142019Revenue 2020: $20,059,925Expenses 2020: $17,583,529Net Income 2020: $2,476,3962020Revenue 2021: $19,524,917Expenses 2021: $17,272,813Net Income 2021: $2,252,1042021Revenue 2022: $27,694,472Expenses 2022: $18,894,486Net Income 2022: $8,799,9862022Revenue 2024: $24,194,343Expenses 2024: $21,530,019Net Income 2024: $2,664,3242024

Highlighted filing

2018

Revenue$22,018,981
Expenses$16,495,854
Net Income$5,523,127
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 30, 2019
Return Version
2018v3.1
Gross Receipts
$22,099,635
Mission and Program Overview

Mission

To provide water to residents and communities in south central and southeast iowa as well as to public water supply districts and communities in northern missouri.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$116,889,354$116,880,551▼ $8,803
Savings and Temporary Cash Investments$18,348,476$21,948,693▲ $3,600,217
Accounts Receivable$2,055,826$1,581,292▼ $474,534
Inventories for Sale or Use$905,285$829,241▼ $76,044
Prepaid Expenses and Deferred Charges$255,217$267,139▲ $11,922
Cash and Non-Interest-Bearing Accounts$175$175→ $0
Total Assets$140,753,725$143,729,059▲ $2,975,334
Other Assets Total$2,299,392$2,221,968▼ $77,424
Liabilities
Mortgage Notes Payable Secured by Investment Property$47,036,195$44,945,358▼ $2,090,837
Accounts Payable and Accrued Expenses$1,902,593$1,520,929▼ $381,664
Total Liabilities$48,938,788$46,466,287▼ $2,472,501
Net Assets / Fund Balance
Unrestricted Net Assets$91,814,937$97,262,772▲ $5,447,835
Total Net Assets Fund Balance$91,814,937$97,262,772▲ $5,447,835
Total Liabilities and Net Assets / Fund Balance$140,753,725$143,729,059▲ $2,975,334

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$82,125,673$50,978,860$133,104,533
Buildings$30,589,375$13,961,974$44,551,349
Equipment$3,529,816$5,714,902$9,244,718
Land$635,687-$635,687
Compensation and Service Providers
Top Officer Pay4th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John GlennCEOFT$158,680$26,107$184,787
Rod GlosserCFOFT$116,694$28,553$145,247
Mike FeslerSecretary/tr-$4,549-$4,549
Garry SchillerDirector-$4,351-$4,351
Dennis AmossDirector-$3,541-$3,541
Doug GobenDirector-$3,457-$3,457
Kenneth C WarnerChairman-$3,123-$3,123
Randy EddyDirector-$3,080-$3,080
Max Proctor Left 72018Vice Chairma-$1,541-$1,541
Ken Wuthrich Joined 92018Director-$1,192-$1,192
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$21,365,623
Investment Income
$653,358
Other Revenue
$0
Change in Net Assets
$5,523,127

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,599,552
Revenue Not Reported on Financial Statements
$419,429
Revenue Not Reported on Form 990
$-75,292
Other Revenue Adjustments
$419,429
Total Revenue per Audited Statements
$21,524,260
Total Revenue per Form 990
$22,018,981
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,787,184
Salaries, Compensation, and Employee Benefits$4,707,920
Grants and Similar Amounts Paid$750
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$3,900,996
Other Salaries and Wages---$3,043,889
Interest---$1,734,736
Other Employee Benefits---$1,333,997
Occupancy---$1,006,692
Other Expenses---$693,396
Current Officers, Directors, Trustees, and Key Employees---$330,034
Office Expenses---$206,352
Fees for Services Other---$164,870
Insurance---$106,326
Travel---$58,169
Fees for Services Accounting---$17,000
Grants to Domestic Individuals---$750
All Other Expenses---$-562,272
Total Functional Expenses$0$0$0$16,495,854

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$16,495,854
Expenses per Audited Statements$16,076,425
Total Expenses per Audited Statements$16,076,425
Expenses Not Reported on Financial Statements$419,429
Other Expense Adjustments$419,429
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“When a hookup is connected, the corresponding owner pays a fee to rathbun regional water as a membership fee and is considered a member as long as they maintain the hookup in the rural water district.”

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

“Board members serve a three year term. When their term is expiring, a nominating committee recommends individuals, which must be a rathbun regional water member, to be placed on the ballot. Individuals may also be placed on the ballot by petition. These individuals are then voted on by members in attendance of the annual meeting in february.”

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

“A draft of the form 990 is presented to the cfo for review. Upon approval, a final draft of the form 990 is prepared and submitted to the internal revenue service.”

Form 990, Page 6, Part VI, Line 15A

“Compensation for executive director is set by entire board of directors after confidential employee evaluation forms are completed and performance is discussed in closed session without executive director present. Salary comparisons with other similar entities is utilized during this process. Top management and other officers go through a similar process, however the executive director is involved with the board in closed session. No independent/outside individuals are utilized to review and/or approve compensation.”

Form 990, Page 6, Part VI, Line 15B

“Compensation for executive director is set by entire board of directors after confidential employee evaluation forms are completed and performance is discussed in closed session without executive director present. Salary comparisons with other similar entities is utilized during this process. Top management and other officers go through a similar process, however the executive director is involved with the board in closed session. No independent/outside individuals are utilized to review and/or approve compensation.”

Form 990, Page 6, Part VI, Line 19

“Made available upon request”

Filing and Contact Details

Filer

Filer Name
Rathbun Regional Water
EIN
23-7189705
Phone
6416472416
Address
16166 HWY J29, CENTERVILLE, IA 52544

Signing Officer

Name
John Glenn
Title
CEO
Phone
6416472416
Signed
2019-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth C Warner
Formed
1976
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
68

Preparer

Firm
Tdt Cpas and Advisors Pc
Address
317 HIGH AVE E, OSKALOOSA, IA 52577-2823
Preparer
Joseph B Ryan CPA
Phone
6416722523
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The association is exempt from federal and state income taxes under section 501(c)(12) of the internal revenue code. However, income from certain activities not directly related to the association's tax-exempt purpose is subject to taxation as unrelated business income. There was no tax liability for the years ended december 31, 2018 and 2017. The association is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

Schedule D, Page 4, Part XI, Line 4B

“Patronage dividend income 277,559 bloomfield water contract 0 construction supplies 141,870”

Schedule D, Page 4, Part XII, Line 4B

“Patronage dividend income 277,559 construction supplies 141,870”

Raw XML AppendixShowing 400 of 405 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01902593
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01520929
IRS990/AccountsReceivableGrp/BOYAmt02055826
IRS990/AccountsReceivableGrp/EOYAmt01581292
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE WATER TO RESIDENTS AND COMMUNITIES IN SOUTH CENTRAL AND SOUTHEAST IOWA AS WELL AS TO PUBLIC WATER SUPPLY DISTRICTS AND COMMUNITIES IN NORTHERN MISSOURI.
IRS990/AllOtherExpensesGrp/TotalAmt0-562272
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ROD GLOSSER
IRS990/BooksInCareOfDetail/PhoneNum06416472416
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt016166 HWY J29
IRS990/BooksInCareOfDetail/USAddress/CityNm0CENTERVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052544
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0175
IRS990/CashNonInterestBearingGrp/EOYAmt0175
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0330034
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0750
IRS990/CYInvestmentIncomeAmt0653358
IRS990/CYOtherExpensesAmt011787184
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt021365623
IRS990/CYRevenuesLessExpensesAmt05523127
IRS990/CYSalariesCompEmpBnftPaidAmt04707920
IRS990/CYTotalExpensesAmt016495854
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt022018981
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt03900996
IRS990/Desc0PURIFICATION AND DISTRIBUTION OF WATER TO MEMBERS/CUSTOMERS; 20,315 AVERAGE ACTIVE MEMBERS/CUSTOMERS AT 12-31-2018; 2,915,638,000 GALLONS OF WATER BILLED IN 2018.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt068
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt017000
IRS990/FeesForServicesOtherGrp/TotalAmt0164870
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt826107
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt928553
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE FESLER
IRS990/Form990PartVIISectionAGrp/PersonNm1GARRY SCHILLER
IRS990/Form990PartVIISectionAGrp/PersonNm2DENNIS AMOSS
IRS990/Form990PartVIISectionAGrp/PersonNm3DOUG GOBEN
IRS990/Form990PartVIISectionAGrp/PersonNm4KENNETH C WARNER
IRS990/Form990PartVIISectionAGrp/PersonNm5RANDY EDDY
IRS990/Form990PartVIISectionAGrp/PersonNm6MAX PROCTOR LEFT 72018
IRS990/Form990PartVIISectionAGrp/PersonNm7KEN WUTHRICH JOINED 92018
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN GLENN
IRS990/Form990PartVIISectionAGrp/PersonNm9ROD GLOSSER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt04549
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14351
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23541
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt33457
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt43123
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt53080
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt61541
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt71192
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8158680
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9116694
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt068094
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0750
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0148748
IRS990/GrossReceiptsAmt022099635
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/TotalAmt0106326
IRS990/InterestGrp/TotalAmt01734736
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0905285
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0829241
IRS990/InvestmentIncomeGrp/ExclusionAmt0585264
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0585264
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt041
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt070655736
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0116889354
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0116880551
IRS990/LandBldgEquipCostOrOtherBssAmt0187536287
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt080654
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt021256090
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE WATER TO RESIDENTS AND COMMUNITIES IN SOUTH CENTRAL AND SOUTHEAST IOWA AS WELL AS TO PUBLIC WATER SUPPLY DISTRICTS AND COMMUNITIES IN NORTHERN MISSOURI.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt047036195
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt044945358
IRS990/NetAssetsOrFundBalancesBOYAmt091814937
IRS990/NetAssetsOrFundBalancesEOYAmt097262772
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt068094
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt068094
IRS990/NetUnrlzdGainsLossesInvstAmt0-75292
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt01006692
IRS990/OfficeExpensesGrp/TotalAmt0206352
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02299392
IRS990/OtherAssetsTotalGrp/EOYAmt02221968
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01333997
IRS990/OtherExpensesGrp/Desc0WATER PURCHASES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2PURIFICATION CHEMICALS
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt01716524
IRS990/OtherExpensesGrp/TotalAmt11454334
IRS990/OtherExpensesGrp/TotalAmt21290061
IRS990/OtherExpensesGrp/TotalAmt3693396
IRS990/OtherSalariesAndWagesGrp/TotalAmt03043889
IRS990/OtherSourcesGrossIncomeAmt0843367
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0255217
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0267139
IRS990/PrincipalOfficerNm0KENNETH C WARNER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/BusinessCd4221000
IRS990/ProgramServiceRevenueGrp/Desc0WATER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1CONSTRUCTION INCOME
IRS990/ProgramServiceRevenueGrp/Desc2WASTE WATER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3CONNECTION FEES
IRS990/ProgramServiceRevenueGrp/Desc4OTHER OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019909118
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1917304
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2238118
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3191730
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4105066
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019909118
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1917304
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2238118
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3191730
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4105066
IRS990/ProgSrvcAccomActy2Grp/Desc0COLLECTION AND TREATMENT OF WASTEWATER: 750 AVERAGE ACTIVE CUSTOMERS AT 12 -31-2018 AND 25,328,000 GALLONS BILLED IN 2018.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0750
IRS990/PYInvestmentIncomeAmt0628523
IRS990/PYOtherExpensesAmt011875008
IRS990/PYProgramServiceRevenueAmt017959850
IRS990/PYRevenuesLessExpensesAmt02163506
IRS990/PYSalariesCompEmpBnftPaidAmt04549109
IRS990/PYTotalExpensesAmt016424867
IRS990/PYTotalRevenueAmt018588373
IRS990/ReconcilationRevenueExpnssAmt05523127
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt018348476
IRS990/SavingsAndTempCashInvstGrp/EOYAmt021948693
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt030589375
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013961974
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt044551349
IRS990ScheduleD/EquipmentGrp/BookValueAmt03529816
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05714902
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09244718
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0419429
IRS990ScheduleD/ExpensesSubtotalAmt016076425
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0635687
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0635687
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-75292
IRS990ScheduleD/OtherExpensesNotIncludedAmt0419429
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt082125673
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt050978860
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0133104533
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0419429
IRS990ScheduleD/RevenueNotReportedAmt0-75292
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0419429
IRS990ScheduleD/RevenueSubtotalAmt021599552
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ASSOCIATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THERE WAS NO TAX LIABILITY FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PATRONAGE DIVIDEND INCOME 277,559 BLOOMFIELD WATER CONTRACT 0 CONSTRUCTION SUPPLIES 141,870
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PATRONAGE DIVIDEND INCOME 277,559 CONSTRUCTION SUPPLIES 141,870
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0116880551
IRS990ScheduleD/TotalExpensesPerForm990Amt016495854
IRS990ScheduleD/TotalRevenuePerForm990Amt022018981
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt021524260
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt016076425
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0158680
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt026107
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN GLENN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0184787
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WHEN A HOOKUP IS CONNECTED, THE CORRESPONDING OWNER PAYS A FEE TO RATHBUN REGIONAL WATER AS A MEMBERSHIP FEE AND IS CONSIDERED A MEMBER AS LONG AS THEY MAINTAIN THE HOOKUP IN THE RURAL WATER DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS SERVE A THREE YEAR TERM. WHEN THEIR TERM IS EXPIRING, A NOMINATING COMMITTEE RECOMMENDS INDIVIDUALS, WHICH MUST BE A RATHBUN REGIONAL WATER MEMBER, TO BE PLACED ON THE BALLOT. INDIVIDUALS MAY ALSO BE PLACED ON THE BALLOT BY PETITION. THESE INDIVIDUALS ARE THEN VOTED ON BY MEMBERS IN ATTENDANCE OF THE ANNUAL MEETING IN FEBRUARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE FORM 990 IS PRESENTED TO THE CFO FOR REVIEW. UPON APPROVAL, A FINAL DRAFT OF THE FORM 990 IS PREPARED AND SUBMITTED TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR EXECUTIVE DIRECTOR IS SET BY ENTIRE BOARD OF DIRECTORS AFTER CONFIDENTIAL EMPLOYEE EVALUATION FORMS ARE COMPLETED AND PERFORMANCE IS DISCUSSED IN CLOSED SESSION WITHOUT EXECUTIVE DIRECTOR PRESENT. SALARY COMPARISONS WITH OTHER SIMILAR ENTITIES IS UTILIZED DURING THIS PROCESS. TOP MANAGEMENT AND OTHER OFFICERS GO THROUGH A SIMILAR PROCESS, HOWEVER THE EXECUTIVE DIRECTOR IS INVOLVED WITH THE BOARD IN CLOSED SESSION. NO INDEPENDENT/OUTSIDE INDIVIDUALS ARE UTILIZED TO REVIEW AND/OR APPROVE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR EXECUTIVE DIRECTOR IS SET BY ENTIRE BOARD OF DIRECTORS AFTER CONFIDENTIAL EMPLOYEE EVALUATION FORMS ARE COMPLETED AND PERFORMANCE IS DISCUSSED IN CLOSED SESSION WITHOUT EXECUTIVE DIRECTOR PRESENT. SALARY COMPARISONS WITH OTHER SIMILAR ENTITIES IS UTILIZED DURING THIS PROCESS. TOP MANAGEMENT AND OTHER OFFICERS GO THROUGH A SIMILAR PROCESS, HOWEVER THE EXECUTIVE DIRECTOR IS INVOLVED WITH THE BOARD IN CLOSED SESSION. NO INDEPENDENT/OUTSIDE INDIVIDUALS ARE UTILIZED TO REVIEW AND/OR APPROVE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0140753725
IRS990/TotalAssetsEOYAmt0143729059
IRS990/TotalAssetsGrp/BOYAmt0140753725
IRS990/TotalAssetsGrp/EOYAmt0143729059
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt068
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt016495854
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt048938788
IRS990/TotalLiabilitiesEOYAmt046466287
IRS990/TotalLiabilitiesGrp/BOYAmt048938788
IRS990/TotalLiabilitiesGrp/EOYAmt046466287
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt091814937
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt097262772
IRS990/TotalOtherCompensationAmt054660
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt04287
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt04287
IRS990/TotalProgramServiceRevenueAmt021365623
IRS990/TotalReportableCompFromOrgAmt0300208
IRS990/TotalRevenueGrp/ExclusionAmt0585264
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt021433717
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt022018981
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0140753725
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0143729059
IRS990/TravelGrp/TotalAmt058169
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt091814937
IRS990/UnrestrictedNetAssetsGrp/EOYAmt097262772
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt016166 HWY J29
IRS990/USAddress/CityNm0CENTERVILLE
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052544
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.RRWA.NET
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN GLENN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06416472416
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RATHBUN REGIONAL WATER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0RATH
ReturnHeader/Filer/EIN0237189705
ReturnHeader/Filer/PhoneNum06416472416
ReturnHeader/Filer/USAddress/AddressLine1Txt016166 HWY J29
ReturnHeader/Filer/USAddress/CityNm0CENTERVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052544
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId005F306D322AA9CE035320F44B16AA575BAA07600
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId047113CE4232931995D8121FF5171440B1172B72C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.38.98.93
ReturnHeader/FilingSecurityInformation/IPDt02019-10-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:37:31
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421029744
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TDT CPAS AND ADVISORS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0317 HIGH AVE E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OSKALOOSA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0525772823
ReturnHeader/PreparerPersonGrp/PhoneNum06416722523
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH B RYAN CPA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$143,729,059
Liabilities
$46,466,287
Net assets
$97,262,772
Revenue
$22,018,981
Expenses
$16,495,854
Net income
$5,523,127
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$156$39.2$117$24.2$21.5$2.66
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$149$37.5$112$27.7$18.9$8.80
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$144$40.2$103$19.5$17.3$2.25
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$144$42.3$101$20.1$17.6$2.48
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$143$44.6$98.6$18.6$17.4$1.15
2018Detailed filing. Detailed filing data is available for this year.$144$46.5$97.3$22.0$16.5$5.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$141$48.9$91.8$18.6$16.4$2.16
2015Detailed filing. Detailed filing data is available for this year.$140$51.5$88.4$17.5$14.4$3.12
2013Detailed filing. Detailed filing data is available for this year.$136$54.0$82.4$16.1$14.0$2.13