NEW ULM WATER SUPPLY CORPORATION (EIN 201164761) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

RON LONG

Phone

9799923699

Tax Period

2023-01-01 to 2023-12-31

NEW ULM WATER SUPPLY CORPORATION, founded in 1966, is a small nonprofit in the Mutual Benefit sector that reported $259K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Net assets of $1.8M represent 84 months of operating reserves.

Mission

TO SUPPLY WATER AND SEWER SERVICES TO RURAL AND COMMUNITY HOMEOWNERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $254,883

Investment Income $4,147

Other Revenue $0

TOTAL REVENUE $259,030

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $267,338

TOTAL EXPENSES $267,338

Year-over-Year Comparison

	2023	2022	Change
Revenue	$259,030	$201,483	+0.3%
Expenses	$267,338	$229,943	+0.2%
Net Income	$-8,308	$-28,460	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON LONG	PRESIDENT	2.00	Officer Director	$0	$0	$0
DOUG BERGEZ	VICE-PRESIDE	1.00	Officer Director	$0	$0	$0
ESTHER HARTMAN	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
SUSAN STONE	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE WEATHERALL	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$259,030	$267,338	$1,847,442	$-8,308
2022	$201,483	$229,943	$1,846,338	$-28,460
2021	$218,731	$233,940	$1,871,001	$-15,209
2020	$178,240	$206,957	$1,884,034	$-28,717

NEW ULM WATER SUPPLY CORPORATION