Civic Intelligence

Rural Water System Number 1

990 • Fiscal year 2019 • EIN 42-0946161

Jan 01, 2019 to Dec 31, 2019 • Filed on May 05, 2020

Organization ProfileN/A
4438 380th StreetHospers, IA 51238

(712) 752-8318

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.58x

Higher debt load relative to assets than 72% of similar nonprofits.

2019 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

6.50x

Higher debt load relative to revenue than 96% of similar nonprofits.

2019 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2019

Net Margin

54th percentile

2.6%

Higher net margin than 54% of similar nonprofits.

2019 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

27th percentile

$145,900

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2019 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2019

Asset Growth

84th percentile

9.0%

Faster asset growth than 84% of similar nonprofits.

2019 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

37th percentile

-1.0%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$29,858,533

Up $2,456,856 (+9.0%) from 2018

Net Assets

Up

$12,547,198

Up $70,936 (+0.6%) from 2018

Liabilities

Up

$17,311,335

Up $2,385,920 (+16%) from 2018

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin54th percentile

Revenue

Down

$2,663,696

Down $27,993 (-1.0%) from 2018

Expenses

Up

$2,594,200

Up $78,643 (+3.1%) from 2018

Net Income

Down

$69,496

Down $106,636 (-61%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$40M$30M$20M$10M$0Assets 2011: $27,851,508Liabilities 2011: $17,906,541Net Assets 2011: $9,944,9672011Assets 2012: $27,318,246Liabilities 2012: $16,930,782Net Assets 2012: $10,387,4642012Assets 2013: $27,145,375Liabilities 2013: $16,220,060Net Assets 2013: $10,925,3152013Assets 2014: $26,652,136Liabilities 2014: $15,294,961Net Assets 2014: $11,357,1752014Assets 2015: $26,329,654Liabilities 2015: $14,575,674Net Assets 2015: $11,753,9802015Assets 2016: $25,887,174Liabilities 2016: $13,809,357Net Assets 2016: $12,077,8172016Assets 2017: $25,531,141Liabilities 2017: $13,231,651Net Assets 2017: $12,299,4902017Assets 2018: $27,401,677Liabilities 2018: $14,925,415Net Assets 2018: $12,476,2622018Assets 2019: $29,858,533Liabilities 2019: $17,311,335Net Assets 2019: $12,547,1982019Assets 2020: $33,078,228Liabilities 2020: $20,229,884Net Assets 2020: $12,848,3442020Assets 2021: $33,250,525Liabilities 2021: $19,971,901Net Assets 2021: $13,278,6242021Assets 2022: $33,489,450Liabilities 2022: $19,924,485Net Assets 2022: $13,564,9652022Assets 2023: $34,553,775Liabilities 2023: $20,583,050Net Assets 2023: $13,970,7252023Assets 2024: $36,384,259Liabilities 2024: $22,087,800Net Assets 2024: $14,296,4592024

Highlighted filing

2019

Assets$29,858,533
Liabilities$17,311,335
Net Assets$12,547,198
Open 2019 Filing

Operations Trend

Revenue Growth37th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2011: $2,284,940Expenses 2011: $2,133,429Net Income 2011: $151,5112011Revenue 2012: $2,604,590Expenses 2012: $2,163,213Net Income 2012: $441,3772012Revenue 2013: $2,691,789Expenses 2013: $2,155,058Net Income 2013: $536,7312013Revenue 2014: $2,555,257Expenses 2014: $2,124,515Net Income 2014: $430,7422014Revenue 2015: $2,640,808Expenses 2015: $2,245,122Net Income 2015: $395,6862015Revenue 2016: $2,606,011Expenses 2016: $2,282,654Net Income 2016: $323,3572016Revenue 2017: $2,591,969Expenses 2017: $2,370,936Net Income 2017: $221,0332017Revenue 2018: $2,691,689Expenses 2018: $2,515,557Net Income 2018: $176,1322018Revenue 2019: $2,663,696Expenses 2019: $2,594,200Net Income 2019: $69,4962019Revenue 2020: $3,042,999Expenses 2020: $2,746,333Net Income 2020: $296,6662020Revenue 2021: $3,210,114Expenses 2021: $2,780,474Net Income 2021: $429,6402021Revenue 2022: $3,176,291Expenses 2022: $2,891,390Net Income 2022: $284,9012022Revenue 2023: $3,358,503Expenses 2023: $2,954,503Net Income 2023: $404,0002023Revenue 2024: $3,401,082Expenses 2024: $3,076,468Net Income 2024: $324,6142024

Highlighted filing

2019

Revenue$2,663,696
Expenses$2,594,200
Net Income$69,496
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 5, 2020
Return Version
2019v5.0
Gross Receipts
$3,769,911
Mission and Program Overview

Mission

WATER SALES

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,041,390$27,374,619▲ $2,333,229
Rtn Earn Endowment Incm Other Fnds$10,274,711$10,344,207▲ $69,496
Pd in Cap Srpls Land Bldg Eqp Fund$1,959,774$1,959,774→ $0
Savings and Temporary Cash Investments$1,223,161$1,251,510▲ $28,349
Cap Stk Tr Prin Current Funds$241,777$243,217▲ $1,440
Inventories for Sale or Use$155,694$174,217▲ $18,523
Cash and Non-Interest-Bearing Accounts-$37,064-
Prepaid Expenses and Deferred Charges$15,762$15,591▼ $171
Accounts Receivable$8,595$7,980▼ $615
Total Assets$27,401,677$29,858,533▲ $2,456,856
Other Assets Total$957,075$997,552▲ $40,477
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,650,986$16,602,685▲ $1,951,699
Accounts Payable and Accrued Expenses$268,062$706,229▲ $438,167
Other Liabilities$6,367$2,421▼ $3,946
Total Liabilities$14,925,415$17,311,335▲ $2,385,920
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,476,262$12,547,198▲ $70,936
Total Liabilities and Net Assets / Fund Balance$27,401,677$29,858,533▲ $2,456,856

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$23,861,784$19,649,681-
Land$3,512,835--
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Randy IedemaManagerFT$145,900$145,900
Mark DykstraPresidentPT$2,189$2,189
Mark DavelaarSecretaryPT$2,000$2,000
Craig HoftyzerVice PresidePT$1,689$1,689
Micah SchoutenDirectorPT$1,625$1,625
Brent StuitDirectorPT$1,565$1,565
Jeff BeyerDirectorPT$1,565$1,565
Tim JungersVicorPT$1,565$1,565
Dan BuyertDirectorPT$1,125$1,125
Scott Van SlotenDirectorPT$1,000$1,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$181,956
Investment Income
$28,295
Other Revenue
$2,453,445
Change in Net Assets
$69,496

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,659,750
Revenue Not Reported on Financial Statements
$3,946
Revenue Not Reported on Form 990
$1,106,215
Other Revenue Adjustments
$3,946
Total Revenue per Audited Statements
$3,765,965
Total Revenue per Form 990
$2,663,696
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,215,259
Salaries, Compensation, and Employee Benefits$378,941
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$827,181
Current Officers, Directors, Trustees, and Key Employees---$161,450
Other Employee Benefits---$84,000
Other Salaries and Wages---$62,960
Insurance---$46,906
Payroll Taxes---$42,756
Office Expenses---$32,816
Pension Plan Contributions---$27,775
Fees for Services Legal---$12,470
Fees for Services Accounting---$12,260
All Other Expenses---$7,883
Other Expenses---$7,604
Total Functional Expenses$0$0$0$2,594,200

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,700,415
Expenses per Audited Statements$2,594,200
Total Expenses per Form 990$2,594,200
Expenses Not Reported on Form 990$1,106,215
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Debt Extinguishment$2,421
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
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
No
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

“Each customer served by rural water system 1 is also a member”

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

“Members elect the board of directors at each annual meeting”

Form 990, Page 6, Part VI, Line 8B

“There are no committees with authority to act on behalf of the board of directors”

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

“The board of directors are provided with a copy of form 990 each year and is reviewed by the board at a board meeting”

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

“Board members are required to sign a conflict of interest statement when elected. They are aware that if anything changes they are to let management and other board members know immediately. If a conflict exists, the board member excuses themselves from decisions that affect the other entity involved.”

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

“The system has a compensation committee that oversees all employees reiew and wage & benefit changes”

Form 990, Page 6, Part VI, Line 19

“Financial information is presented to the members each year at the annual meeting. Members are notified of the annual meeting through a mailing. All information is available upon request at the main office during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Rural Water System Number 1
EIN
42-0946161
Address
4438 380TH STREET, HOSPERS, IA 51238

Signing Officer

Name
Randy Iedema
Title
Manager
Phone
7127528318
Signed
2020-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Iedema
Formed
1969
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
8

Preparer

Firm
K F Murphy Co Pc
Address
PO BOX 219, SHELDON, IA 51201-0219
Preparer
Kenneth F Murphy
Phone
7123245005
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Membership certificates 1,440 proceeds from membership certificates - 1440”

Financial Statement Notes

Schedule D, Page 3, Part X

“Management has evalulated for uncertain tax positions and none were found as of 12/31/2019. Tax reuturns for the past three years remain open for examination by tax jurisdictions.”

Schedule D, Page 4, Part XI, Line 2D

“Cost of sales included as gross revenue 1,106,215”

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

“Deferred debt extinguishment being recognized 3,946”

Schedule D, Page 4, Part XII, Line 2D

“Cost of sales included as gross revenue 1,106,215”

Raw XML Appendix376 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/PYInvestmentIncomeAmt020522
IRS990/PYOtherExpensesAmt02128584
IRS990/PYOtherRevenueAmt02454110
IRS990/PYProgramServiceRevenueAmt0217057
IRS990/PYRevenuesLessExpensesAmt0176132
IRS990/PYSalariesCompEmpBnftPaidAmt0386973
IRS990/PYTotalExpensesAmt02515557
IRS990/PYTotalRevenueAmt02691689
IRS990/ReconcilationRevenueExpnssAmt069496
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02663696
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt010274711
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt010344207
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01223161
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01251510
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt023861784
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019649681
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt043511465
IRS990ScheduleD/ExpensesNotReportedAmt01106215
IRS990ScheduleD/ExpensesSubtotalAmt02594200
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt03512835
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt03512835
IRS990ScheduleD/OtherExpensesIncludedAmt01106215
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02421
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED DEBT EXTINGUISHMENT
IRS990ScheduleD/OtherRevenueAmt01106215
IRS990ScheduleD/OtherRevenuesNotIncludedAmt03946
IRS990ScheduleD/RevenueNotReportedAmt01106215
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt03946
IRS990ScheduleD/RevenueSubtotalAmt02659750
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS EVALULATED FOR UNCERTAIN TAX POSITIONS AND NONE WERE FOUND AS OF 12/31/2019. TAX REUTURNS FOR THE PAST THREE YEARS REMAIN OPEN FOR EXAMINATION BY TAX JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF SALES INCLUDED AS GROSS REVENUE 1,106,215
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DEFERRED DEBT EXTINGUISHMENT BEING RECOGNIZED 3,946
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3COST OF SALES INCLUDED AS GROSS REVENUE 1,106,215
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027374619
IRS990ScheduleD/TotalExpensesPerForm990Amt02594200
IRS990ScheduleD/TotalLiabilityAmt02421
IRS990ScheduleD/TotalRevenuePerForm990Amt02663696
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03765965
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03700415
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH CUSTOMER SERVED BY RURAL WATER SYSTEM 1 IS ALSO A MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT THE BOARD OF DIRECTORS AT EACH ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS ARE PROVIDED WITH A COPY OF FORM 990 EACH YEAR AND IS REVIEWED BY THE BOARD AT A BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT WHEN ELECTED. THEY ARE AWARE THAT IF ANYTHING CHANGES THEY ARE TO LET MANAGEMENT AND OTHER BOARD MEMBERS KNOW IMMEDIATELY. IF A CONFLICT EXISTS, THE BOARD MEMBER EXCUSES THEMSELVES FROM DECISIONS THAT AFFECT THE OTHER ENTITY INVOLVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SYSTEM HAS A COMPENSATION COMMITTEE THAT OVERSEES ALL EMPLOYEES REIEW AND WAGE & BENEFIT CHANGES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FINANCIAL INFORMATION IS PRESENTED TO THE MEMBERS EACH YEAR AT THE ANNUAL MEETING. MEMBERS ARE NOTIFIED OF THE ANNUAL MEETING THROUGH A MAILING. ALL INFORMATION IS AVAILABLE UPON REQUEST AT THE MAIN OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEMBERSHIP CERTIFICATES 1,440 PROCEEDS FROM MEMBERSHIP CERTIFICATES - 1440
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 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt027401677
IRS990/TotalAssetsEOYAmt029858533
IRS990/TotalAssetsGrp/BOYAmt027401677
IRS990/TotalAssetsGrp/EOYAmt029858533
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02594200
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014925415
IRS990/TotalLiabilitiesEOYAmt017311335
IRS990/TotalLiabilitiesGrp/BOYAmt014925415
IRS990/TotalLiabilitiesGrp/EOYAmt017311335
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012476262
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012547198
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt03946
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0178010
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0181956
IRS990/TotalProgramServiceExpensesAmt02594200
IRS990/TotalProgramServiceRevenueAmt0181956
IRS990/TotalReportableCompFromOrgAmt0160223
IRS990/TotalRevenueGrp/ExclusionAmt03946
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02659750
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02663696
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt027401677
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt029858533
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04438 380TH ST
IRS990/USAddress/CityNm0HOSPERS
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd051238
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RANDY IEDEMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum07127528318
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RURAL WATER SYSTEM NUMBER 1
ReturnHeader/Filer/BusinessNameControlTxt0RURA
ReturnHeader/Filer/EIN0420946161
ReturnHeader/Filer/USAddress/AddressLine1Txt04438 380TH STREET
ReturnHeader/Filer/USAddress/CityNm0HOSPERS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051238
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0361850B66F356F4587DDC6941FD1464563DC12EF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04597745D4E360BDE53E598A259FA033A8CAA2EDF
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.51.240.60
ReturnHeader/FilingSecurityInformation/IPDt02020-09-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:46:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421393615
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0K F MURPHY CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 219
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SHELDON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0512010219
ReturnHeader/PreparerPersonGrp/PhoneNum07123245005
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH F MURPHY
ReturnHeader/ReturnTs02020-09-01T10:46:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,858,533
Liabilities
$17,311,335
Net assets
$12,547,198
Revenue
$2,663,696
Expenses
$2,594,200
Net income
$69,496
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$36.4$22.1$14.3$3.40$3.08$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.6$20.6$14.0$3.36$2.95$0.40
2022Detailed filing. Detailed filing data is available for this year.$33.5$19.9$13.6$3.18$2.89$0.28
2021Detailed filing. Detailed filing data is available for this year.$33.3$20.0$13.3$3.21$2.78$0.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.1$20.2$12.8$3.04$2.75$0.30
2019Detailed filing. Detailed filing data is available for this year.$29.9$17.3$12.5$2.66$2.59$0.07
2018Summary only. Only limited summary data is available for this year.$27.4$14.9$12.5$2.69$2.52$0.18
2017Summary only. Only limited summary data is available for this year.$25.5$13.2$12.3$2.59$2.37$0.22
2016Summary only. Only limited summary data is available for this year.$25.9$13.8$12.1$2.61$2.28$0.32
2015Summary only. Only limited summary data is available for this year.$26.3$14.6$11.8$2.64$2.25$0.40
2014Summary only. Only limited summary data is available for this year.$26.7$15.3$11.4$2.56$2.12$0.43
2013Summary only. Only limited summary data is available for this year.$27.1$16.2$10.9$2.69$2.16$0.54
2012Summary only. Only limited summary data is available for this year.$27.3$16.9$10.4$2.60$2.16$0.44
2011Summary only. Only limited summary data is available for this year.$27.9$17.9$9.94$2.28$2.13$0.15