INDIANA SECTION AMERICAN WATER WORKS ASSOCIATION INC

EIN: 237026153 501(c)(3) Public & Societal Benefit

BROWNSBURG, IN

Total Revenue
$934,231
Total Expenses
$950,533
Total Assets
$1,913,753
Net Assets
$1,700,049
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
IN
Principal Officer
JOSH CASTOR
Phone
8662132796
Tax Period
2023-10-01 to 2024-09-30

INDIANA SECTION AMERICAN WATER WORKS ASSOCIATION INC, founded in 1968, is a small nonprofit in the Public & Societal Benefit sector that reported $934K in total revenue in fiscal year 2023.

Mission

AUTHORITATIVE RESOURCE FOR PROMOTING SAFE DRINKING WATER, PUBLIC HEALTH, SAFETY, AND WELFARE BY UNITING THE EFFORTS OF THE FULL SPECTRUM OF THE DRINKING WATER COMMUNITY IN THE STATE OF INDIANA. THROUGH OUR COLLECTIVE STRENGTH, INAWWA PROVIDES TIMELY EDUCATIONAL FORUMS, OPEN COMMUNICATIONS, AND SUPPORT FOR TECHNICAL, LEGISLATIVE, AND REGULATORY ACTIVITIES TO ADVANCE THE TECHNOLOGY, SCIENCE, MANAGEMENT, AND GOVERNMENT POLICIES RELATIVE TO THE STEWARDSHIP OF WATER.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $111,874
Program Service Revenue $742,358
Investment Income $23,202
Other Revenue $56,797
TOTAL REVENUE $934,231

Expense Breakdown

Grants Paid $105,519
Salaries & Benefits $313,068
Fundraising Expenses $32,520
Program Expenses $702,108
Other Expenses $531,946
TOTAL EXPENSES $950,533

Year-over-Year Comparison

2023 2022 Change
Revenue $934,231 $972,742 0.0%
Expenses $950,533 $795,129 +0.2%
Net Income $-16,302 $177,613 -1.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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

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Governance

Voting Members
14
Independent Members
14
Employees
4
Volunteers
130

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
6
$99,666
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD NUGENT DIRECTOR 1.00
Director
$0 $0 $0
CATHY LANCE CHAIR 10.00
Officer Director
$0 $0 $0
NEAL MCKEE CHAIR ELECT 1.00
Officer Director
$0 $0 $0
CHRISTOPHER JOHNSEN VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOSH CASTOR ASSISTANT SECRETARY-TREASU 1.00
Officer Director
$0 $0 $0
LARRY MCINTOSH SECRETARY-TREASU 5.00
Officer Director
$0 $0 $0
JAMIE FOREMAN PAST CHAIR - JUNIOR 1.00
Director
$0 $0 $0
JOHN CIDER PAST CHAIR - SENIOR 1.00
Director
$0 $0 $0
CHAD PLUMMER TRUSTEE - NORTHEAST DISTRI 1.00
Director
$0 $0 $0
AMANDA CANIDA TRUSTEE - CENTRAL DISTRICT 1.00
Director
$0 $0 $0
JON CRAIG TRUSTEE - SOUTHWEST DISTRI 1.00
Director
$0 $0 $0
DONNA ENNIS TRUSTEE - SOUTHEAST DISTRI 1.00
Director
$0 $0 $0
JUSTIN SHAFFER TRUSTEE - SMALL SYSTEM NOR 1.00
Director
$0 $0 $0
BILL JONES TRUSTEE - SMALL SYSTEM SOUTH 1.00
Director
$0 $0 $0
CHRISTOPHER HARRISON PAST DIRECTOR 1.00
Director
$0 $0 $0
JEFF CUNNINGHAM PAST CHAIR - SENIOR 1.00
Director
$0 $0 $0
PAUL DICKEN PAST TRUSTEE - CENTRAL DIS 1.00
Director
$0 $0 $0
LINDA SANDERS PAST TRUSTEE - SOUTHEAST D 1.00
Director
$0 $0 $0
MONIQUE RIGGS EXECUTIVE DIRECTOR 40.00
Officer
$99,666 $0 $99,666
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 $934,231 $950,533 $1,913,753 $-16,302
2023 $972,742 $795,129 $1,739,696 $177,613
2022 $913,317 $931,096 $1,566,259 $-17,779
2021 $694,048 $723,395 $1,659,373 $-29,347
2020 $1,327,168 $866,404 $1,640,016 $460,764
2019 $671,680 $645,622 $1,107,473 $26,058
2018 $652,029 $625,885 $1,087,340 $26,144
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