Civic Intelligence

Nebraska Rural Water Association Inc

EIN 47-0600532 • 501(c)6 • Wahoo, NE

Profile

Management and technical assistance to public water suppliers

3390 Ponderosa DriveWahoo, NE 68066

www.nerwa.org

Siviq Scores

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

Liabilities / Assets

67th percentile

0.27x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

64th percentile

0.27x

Higher debt load relative to revenue than 64% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Net Margin

56th percentile

6.4%

Higher net margin than 56% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

30th percentile

$800

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Asset Growth

56th percentile

7.2%

Faster asset growth than 56% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

22nd percentile

-4.5%

Faster revenue growth than 22% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,436,205

Up $90,167 (+6.7%) from 2023

Liabilities

Down

$415,956

Down $334 (-0.1%) from 2023

Net Assets

Up

$1,020,249

Up $90,501 (+9.7%) from 2023

Revenue

Up

$1,617,938

Up $193,021 (+14%) from 2023

Expenses

Up

$1,527,437

Up $163,582 (+12%) from 2023

Net Income

Up

$90,501

Up $29,439 (+48%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,227,433Liabilities 2011: $462,211Net Assets 2011: $765,2222011Assets 2012: $1,342,597Liabilities 2012: $458,615Net Assets 2012: $883,9822012Assets 2013: $1,361,665Liabilities 2013: $460,521Net Assets 2013: $901,1442013Assets 2014: $1,281,665Liabilities 2014: $453,316Net Assets 2014: $828,3492014Assets 2015: $1,302,845Liabilities 2015: $435,293Net Assets 2015: $867,5522015Assets 2016: $1,391,852Liabilities 2016: $450,098Net Assets 2016: $941,7542016Assets 2017: $1,416,318Liabilities 2017: $462,300Net Assets 2017: $954,0182017Assets 2018: $1,452,400Liabilities 2018: $449,094Net Assets 2018: $1,003,3062018Assets 2019: $1,454,940Liabilities 2019: $427,025Net Assets 2019: $1,027,9152019Assets 2020: $1,359,384Liabilities 2020: $440,811Net Assets 2020: $918,5732020Assets 2021: $1,300,369Liabilities 2021: $408,383Net Assets 2021: $891,9862021Assets 2022: $1,307,717Liabilities 2022: $439,031Net Assets 2022: $868,6862022Assets 2023: $1,346,038Liabilities 2023: $416,290Net Assets 2023: $929,7482023Assets 2024: $1,436,205Liabilities 2024: $415,956Net Assets 2024: $1,020,2492024

Highlighted filing

2024

Assets$1,436,205
Liabilities$415,956
Net Assets$1,020,249

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,337,220Expenses 2011: $1,158,849Net Income 2011: $178,3712011Revenue 2012: $1,050,152Expenses 2012: $931,392Net Income 2012: $118,7602012Revenue 2013: $969,736Expenses 2013: $952,574Net Income 2013: $17,1622013Revenue 2014: $877,950Expenses 2014: $950,745Net Income 2014: -$72,7952014Revenue 2015: $989,760Expenses 2015: $950,557Net Income 2015: $39,2032015Revenue 2016: $1,061,372Expenses 2016: $987,170Net Income 2016: $74,2022016Revenue 2017: $946,772Expenses 2017: $934,508Net Income 2017: $12,2642017Revenue 2018: $1,008,936Expenses 2018: $959,648Net Income 2018: $49,2882018Revenue 2019: $1,139,340Expenses 2019: $1,114,731Net Income 2019: $24,6092019Revenue 2020: $1,102,647Expenses 2020: $1,211,989Net Income 2020: -$109,3422020Revenue 2021: $1,176,639Expenses 2021: $1,203,226Net Income 2021: -$26,5872021Revenue 2022: $1,261,650Expenses 2022: $1,284,950Net Income 2022: -$23,3002022Revenue 2023: $1,424,917Expenses 2023: $1,363,855Net Income 2023: $61,0622023Revenue 2024: $1,617,938Expenses 2024: $1,527,437Net Income 2024: $90,5012024

Highlighted filing

2024

Revenue$1,617,938
Expenses$1,527,437
Net Income$90,501

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.42$1.02$1.62$1.53$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.35$0.42$0.93$1.42$1.36$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.31$0.44$0.87$1.26$1.28$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.30$0.41$0.89$1.18$1.20$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.36$0.44$0.92$1.10$1.21$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.45$0.43$1.03$1.14$1.11$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.45$0.45$1.00$1.01$0.96$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.42$0.46$0.95$0.95$0.93$0.01
2016Summary only. Only limited summary data is available for this year.$1.39$0.45$0.94$1.06$0.99$0.07
2015Summary only. Only limited summary data is available for this year.$1.30$0.44$0.87$0.99$0.95$0.04
2014Summary only. Only limited summary data is available for this year.$1.28$0.45$0.83$0.88$0.95$0.07
2013Summary only. Only limited summary data is available for this year.$1.36$0.46$0.90$0.97$0.95$0.02
2012Summary only. Only limited summary data is available for this year.$1.34$0.46$0.88$1.05$0.93$0.12
2011Summary only. Only limited summary data is available for this year.$1.23$0.46$0.77$1.34$1.16$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 22, 2025
Return Version
2024v5.1
Gross Receipts
$1,617,938
Mission and Program Overview

Mission

Management and technical assistance to public water suppliers

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$704,034$824,193▲ $120,159
Land, Buildings, and Equipment, Net$260,875$255,993▼ $4,882
Savings and Temporary Cash Investments$172,018$179,631▲ $7,613
Pledges and Grants Receivable$192,673$146,333▼ $46,340
Accounts Receivable$16,438$30,055▲ $13,617
Total Assets$1,346,038$1,436,205▲ $90,167
Liabilities
Mortgage Notes Payable Secured by Investment Property$259,156$239,956▼ $19,200
Accounts Payable and Accrued Expenses$157,134$176,000▲ $18,866
Total Liabilities$416,290$415,956▼ $334
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$929,748$1,020,249▲ $90,501
Total Net Assets Fund Balance$929,748$1,020,249▲ $90,501
Total Liabilities and Net Assets / Fund Balance$1,346,038$1,436,205▲ $90,167

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$179,593$229,143$408,736
Equipment$34,512$162,384$196,896
Land$31,254-$31,254
Other Land Buildings$10,634$10,955$21,589
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Goulette TomPresidentPT$800$800
Wennekamp LarrySecretary/treasurerPT$800$800

Board Members and Trustees

NameTitle
Bouc GregVice President
Bang JordonDirector
Bloomquist KenDirector
Grovijohn TomDirector
Wagner GeorgeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,261,412
Program Service Revenue
$284,971
Investment Income
$10,818
Other Revenue
$60,737
All Other Contributions
$19,464
Change in Net Assets
$90,501

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,617,938
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,617,938
Total Revenue per Form 990
$1,617,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$895,564
Other Expenses$631,873
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$430,951$144,774-$575,725
Other Employee Benefits$214,899$62,759-$277,658
Travel$246,290$30,810-$277,100
Conferences and Meetings-$116,463-$116,463
Office Expenses-$58,843-$58,843
Payroll Taxes$31,314$10,867-$42,181
Insurance-$27,385-$27,385
Occupancy-$23,851-$23,851
Payments to Affiliates-$23,067-$23,067
Depreciation Depletion-$22,592-$22,592
Fees for Services Accounting-$20,525-$20,525
Interest-$11,546-$11,546
Advertising-$7,343-$7,343
Other Expenses$285,862$-285,862-$0
Total Functional Expenses$1,209,316$318,121$0$1,527,437

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,527,437
Total Expenses per Audited Statements$1,527,437
Total Expenses per Form 990$1,527,437
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
In-house lobbying only
Yes
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$0
Section 527 Activity Spending$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members consist of water utilities in nebraska

Form 990, Part VI, Section A, Line 7A

Organization meets annually with the membership to nominate and elect directors with expiring terms and conduct other business applicable to the organization.

Form 990, Part VI, Section B, Line 11B

The organization provides a copy of the 990 to board members before filing the form.

Form 990, Part VI, Section C, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Nebraska Rural Water Association Inc
EIN
47-0600532
Phone
4024435216
Address
3390 PONDEROSA DRIVE, WAHOO, NE 68066

Signing Officer

Name
Tom Goulette
Title
President
Phone
4024435216
Signed
2025-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Goulette
Formed
1977
Legal Domicile
Ne
Voting Board Members
7
Independent Board Members
7
Employees
11
Volunteers
0

Preparer

Firm
O'DONNELL FICENEC WILLS & FERDIG LLP
Address
11404 WEST DODGE ROAD STE 200, OMAHA, NE 68154-2504
Preparer
Lawrence a Wolfe
Phone
4025923800
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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/Desc1TRAINING FEES
IRS990/ProgramServiceRevenueGrp/Desc2NEWSLETTER/DIRECTORY
IRS990/ProgramServiceRevenueGrp/Desc3MACHINE RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0206688
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt152415
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt219468
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt36400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0206688
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt152415
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219468
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36400
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01142623
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06386
IRS990/PYOtherExpensesAmt0587548
IRS990/PYOtherRevenueAmt031391
IRS990/PYProgramServiceRevenueAmt0244517
IRS990/PYRevenuesLessExpensesAmt061062
IRS990/PYSalariesCompEmpBnftPaidAmt0776307
IRS990/PYTotalExpensesAmt01363855
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01424917
IRS990/ReconcilationRevenueExpnssAmt090501
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0172018
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0179631
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/Expended527ActivitiesAmt00
IRS990ScheduleC/InternalFundsContributedAmt00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/PoliticalExpendituresAmt00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleC/VolunteerHoursCnt00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0179593
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0229143
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0408736
IRS990ScheduleD/EquipmentGrp/BookValueAmt034512
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0162384
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0196896
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01527437
IRS990ScheduleD/LandGrp/BookValueAmt031254
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031254
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010634
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010955
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt021589
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01617938
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0255993
IRS990ScheduleD/TotalExpensesPerForm990Amt01527437
IRS990ScheduleD/TotalRevenuePerForm990Amt01617938
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01617938
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01527437
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS CONSIST OF WATER UTILITIES IN NEBRASKA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION MEETS ANNUALLY WITH THE MEMBERSHIP TO NOMINATE AND ELECT DIRECTORS WITH EXPIRING TERMS AND CONDUCT OTHER BUSINESS APPLICABLE TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES A COPY OF THE 990 TO BOARD MEMBERS BEFORE FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01346038
IRS990/TotalAssetsEOYAmt01436205
IRS990/TotalAssetsGrp/BOYAmt01346038
IRS990/TotalAssetsGrp/EOYAmt01436205
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01261412
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0318121
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01209316
IRS990/TotalFunctionalExpensesGrp/TotalAmt01527437
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0416290
IRS990/TotalLiabilitiesEOYAmt0415956
IRS990/TotalLiabilitiesGrp/BOYAmt0416290
IRS990/TotalLiabilitiesGrp/EOYAmt0415956
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0929748
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01020249
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01209316
IRS990/TotalProgramServiceRevenueAmt0284971
IRS990/TotalReportableCompFromOrgAmt01600
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0356526
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01617938
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01346038
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01436205
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt030810
IRS990/TravelGrp/ProgramServicesAmt0246290
IRS990/TravelGrp/TotalAmt0277100
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03390 PONDEROSA DRIVE
IRS990/USAddress/CityNm0WAHOO
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068066
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.NERWA.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM GOULETTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04024435216
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEBRASKA RURAL WATER ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NEBR
ReturnHeader/Filer/EIN0470600532
ReturnHeader/Filer/PhoneNum04024435216
ReturnHeader/Filer/USAddress/AddressLine1Txt03390 PONDEROSA DRIVE
ReturnHeader/Filer/USAddress/CityNm0WAHOO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068066
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470387937
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0O'DONNELL FICENEC WILLS & FERDIG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011404 WEST DODGE ROAD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OMAHA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0681542504
ReturnHeader/PreparerPersonGrp/PhoneNum04025923800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAWRENCE A WOLFE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-15T08:28:17-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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