Civic Intelligence

Rathbun Regional Water

990 • Fiscal year 2020 • EIN 23-7189705

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 07, 2021

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

9th percentile

0.29x

Higher debt load relative to assets than 9% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

2.11x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Net Margin

93rd percentile

12%

Higher net margin than 93% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

5th percentile

$196,038

Higher top officer pay than 5% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Asset Growth

11th percentile

0.3%

Faster asset growth than 11% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

8.0%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets9th percentile

Assets

Up

$143,628,640

Up $366,991 (+0.3%) from 2019

Net Assets

Up

$101,357,182

Up $2,713,638 (+2.8%) from 2019

Liabilities

Down

$42,271,458

Down $2,346,647 (-5.3%) from 2019

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin93rd percentile

Revenue

Up

$20,059,925

Up $1,484,814 (+8.0%) from 2019

Expenses

Up

$17,583,529

Up $153,832 (+0.9%) from 2019

Net Income

Up

$2,476,396

Up $1,330,982 (+116%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth11th 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 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

2020

Assets$143,628,640
Liabilities$42,271,458
Net Assets$101,357,182
Open 2020 Filing

Operations Trend

Revenue Growth92nd 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 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

2020

Revenue$20,059,925
Expenses$17,583,529
Net Income$2,476,396
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 7, 2021
Return Version
2020v4.0
Gross Receipts
$20,152,756
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$116,210,850$117,252,881▲ $1,042,031
Savings and Temporary Cash Investments$21,964,759$21,663,218▼ $301,541
Accounts Receivable$1,642,279$1,641,368▼ $911
Inventories for Sale or Use$1,027,102$773,243▼ $253,859
Prepaid Expenses and Deferred Charges$268,779$242,785▼ $25,994
Cash and Non-Interest-Bearing Accounts$175$175→ $0
Total Assets$143,261,649$143,628,640▲ $366,991
Other Assets Total$2,147,705$2,054,970▼ $92,735
Liabilities
Mortgage Notes Payable Secured by Investment Property$42,779,604$40,535,510▼ $2,244,094
Accounts Payable and Accrued Expenses$1,838,501$1,735,948▼ $102,553
Total Liabilities$44,618,105$42,271,458▼ $2,346,647
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$98,643,544$101,357,182▲ $2,713,638
Total Net Assets Fund Balance$98,643,544$101,357,182▲ $2,713,638
Total Liabilities and Net Assets / Fund Balance$143,261,649$143,628,640▲ $366,991

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$84,767,010$55,204,963$139,971,973
Buildings$28,114,372$16,621,380$44,735,752
Equipment$3,620,429$6,021,066$9,641,495
Land$751,070-$751,070
Compensation and Service Providers
Top Officer Pay5th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John GlennCEOFT$167,853$28,185$196,038
Rod GlosserCFOFT$130,676$31,710$162,386
Curt FrankDirector-$4,920-$4,920
Garry SchillerDirector-$4,708-$4,708
Charles WarnerDirector-$3,894-$3,894
Doug GobenSecretary/tr-$3,772-$3,772
Dennis AmossVice Chairma-$3,481-$3,481
Randy EddyChairman-$2,891-$2,891
Ken WuthrichDirector-$2,742-$2,742
Revenue and Support

Revenue Composition

Contributions and Grants
$500,000
Program Service Revenue
$19,031,837
Investment Income
$528,088
Other Revenue
$0
Change in Net Assets
$2,476,396

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,648,888
Revenue Not Reported on Financial Statements
$411,037
Revenue Not Reported on Form 990
$237,242
Other Revenue Adjustments
$411,037
Total Revenue per Audited Statements
$19,886,130
Total Revenue per Form 990
$20,059,925
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,108,839
Salaries, Compensation, and Employee Benefits$5,473,940
Grants and Similar Amounts Paid$750
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$3,954,655
Other Salaries and Wages---$3,559,915
Other Employee Benefits---$1,555,601
Interest---$1,477,889
Occupancy---$1,023,548
Other Expenses---$943,979
Current Officers, Directors, Trustees, and Key Employees---$358,424
Fees for Services Other---$251,048
Office Expenses---$235,318
Insurance---$116,183
Travel---$42,396
Fees for Services Accounting---$19,450
Grants to Domestic Individuals---$750
All Other Expenses---$-616,953
Total Functional Expenses$0$0$0$17,583,529

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$17,583,529
Expenses per Audited Statements$17,172,492
Total Expenses per Audited Statements$17,172,492
Expenses Not Reported on Financial Statements$411,037
Other Expense Adjustments$411,037
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 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
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
Rod Glosser
Title
CFO
Phone
6416472416
Signed
2021-06-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Eddy
Formed
1976
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
71

Preparer

Firm
Tdt Cpas and Advisors Pc
Address
1245 JORDAN CREEK PKWY SUITE 100, WEST DES MOINES, IA 50266-2300
Preparer
Dan Montgomery CPA
Phone
5156575800
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, 2020 and 2019. 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 190,900 construction supplies 220,137”

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

“Patronage dividend income 190,900 construction supplies 220,137”

Raw XML Appendix400 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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IRS990/ProgramServiceRevenueGrp/Desc1CONSTRUCTION INCOME
IRS990/ProgramServiceRevenueGrp/Desc2WASTE WATER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3CONNECTION FEES
IRS990/ProgramServiceRevenueGrp/Desc4OTHER OPERATING INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017521841
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1980505
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2236170
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3210597
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt482667
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017521841
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1980505
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2236170
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3210597
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt482667
IRS990/ProgSrvcAccomActy2Grp/Desc0COLLECTION AND TREATMENT OF WASTEWATER: 710 AVERAGE ACTIVE CUSTOMERS AT 12 -31-2020 AND 24,500,000 GALLONS BILLED IN 2020.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0750
IRS990/PYInvestmentIncomeAmt0782799
IRS990/PYOtherExpensesAmt012266506
IRS990/PYProgramServiceRevenueAmt017792312
IRS990/PYRevenuesLessExpensesAmt01145414
IRS990/PYSalariesCompEmpBnftPaidAmt05162441
IRS990/PYTotalExpensesAmt017429697
IRS990/PYTotalRevenueAmt018575111
IRS990/ReconcilationRevenueExpnssAmt02476396
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt021964759
IRS990/SavingsAndTempCashInvstGrp/EOYAmt021663218
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt028114372
IRS990ScheduleD/BuildingsGrp/DepreciationAmt016621380
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt044735752
IRS990ScheduleD/EquipmentGrp/BookValueAmt03620429
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06021066
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09641495
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0411037
IRS990ScheduleD/ExpensesSubtotalAmt017172492
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0751070
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0751070
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0237242
IRS990ScheduleD/OtherExpensesNotIncludedAmt0411037
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt084767010
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt055204963
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0139971973
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0411037
IRS990ScheduleD/RevenueNotReportedAmt0237242
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0411037
IRS990ScheduleD/RevenueSubtotalAmt019648888
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, 2020 AND 2019. 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 190,900 CONSTRUCTION SUPPLIES 220,137
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PATRONAGE DIVIDEND INCOME 190,900 CONSTRUCTION SUPPLIES 220,137
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/TotalBookValueLandBuildingsAmt0117252881
IRS990ScheduleD/TotalExpensesPerForm990Amt017583529
IRS990ScheduleD/TotalRevenuePerForm990Amt020059925
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt019886130
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt017172492
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0167853
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1130676
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt028185
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt131710
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN GLENN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ROD GLOSSER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0196038
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1162386
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/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0143261649
IRS990/TotalAssetsEOYAmt0143628640
IRS990/TotalAssetsGrp/BOYAmt0143261649
IRS990/TotalAssetsGrp/EOYAmt0143628640
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0500000
IRS990/TotalEmployeeCnt071
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt017583529
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt044618105
IRS990/TotalLiabilitiesEOYAmt042271458
IRS990/TotalLiabilitiesGrp/BOYAmt044618105
IRS990/TotalLiabilitiesGrp/EOYAmt042271458
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt098643544
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0101357182
IRS990/TotalOtherCompensationAmt059895
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt057
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt057
IRS990/TotalProgramServiceRevenueAmt019031837
IRS990/TotalReportableCompFromOrgAmt0324937
IRS990/TotalRevenueGrp/ExclusionAmt0485318
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt019074607
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt020059925
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0143261649
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0143628640
IRS990/TravelGrp/TotalAmt042396
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt018365 HWY 5
IRS990/USAddress/CityNm0CENTERVILLE
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052544
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.RRWA.NET
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROD GLOSSER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum06416472416
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-07
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/PreparerFirmGrp/PreparerFirmEIN0421029744
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TDT CPAS AND ADVISORS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01245 JORDAN CREEK PKWY SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0502662300
ReturnHeader/PreparerPersonGrp/PhoneNum05156575800
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAN MONTGOMERY CPA
ReturnHeader/ReturnTs02021-06-17T13:26:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GLOSSER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$143,628,640
Liabilities
$42,271,458
Net assets
$101,357,182
Revenue
$20,059,925
Expenses
$17,583,529
Net income
$2,476,396
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
2020Detailed filing. Detailed filing data is available for this year.$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
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
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