CENTERVILLE, IA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)RATHBUN REGIONAL WATER ASSOCIATION INC, founded in 1976, is a mid-sized nonprofit that reported $24.2M in total revenue in fiscal year 2024. Expenses of $21.5M left a modest 11% surplus.
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.
PURIFICATION AND DISTRIBUTION OF WATER TO MEMBERS/CUSTOMERS; 21,915 AVERAGE ACTIVE MEMBERS/CUSTOMERS AT 12-31-2024; 3,249,953 GALLONS OF WATER BILLED IN 2024.
COLLECTION AND TREATMENT OF WASTEWATER: 737 AVERAGE ACTIVE CUSTOMERS AT 12 -31-2024 AND 25,271,000 GALLONS BILLED IN 2024.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $24,194,343 | $22,853,067 | +0.1% |
| Expenses | $21,530,019 | $19,860,499 | +0.1% |
| Net Income | $2,664,324 | $2,992,568 | -0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROD GLOSSER | CEO | 40.00 |
Officer
|
$161,785 | $35,265 | $197,050 |
| GARRY SCHILLER | DIRECTOR | 3.00 |
Director
|
$5,514 | $0 | $5,514 |
| CURT FRANK | DIRECTOR | 3.00 |
Director
|
$5,125 | $0 | $5,125 |
| CHARLA WARNER | DIRECTOR | 3.00 |
Director
|
$5,082 | $0 | $5,082 |
| DOUG GOBEN | SECRETARY/TR | 3.00 |
Officer
Director
|
$4,266 | $0 | $4,266 |
| DENNIS AMOSS | VICE CHAIRMA | 3.00 |
Officer
Director
|
$3,869 | $0 | $3,869 |
| KEN WUTHRICH | DIRECTOR | 3.00 |
Director
|
$3,572 | $0 | $3,572 |
| RANDY EDDY | CHAIRMAN | 3.00 |
Officer
Director
|
$3,474 | $0 | $3,474 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $24,194,343 | $21,530,019 | $156,456,677 | $2,664,324 |
| 2023 | $22,853,067 | $19,860,499 | $150,145,781 | $2,992,568 |
| 2022 | $27,694,472 | $18,894,486 | $149,040,124 | $8,799,986 |
| 2021 | $19,524,917 | $17,272,813 | $143,535,509 | $2,252,104 |
| 2020 | $20,059,925 | $17,583,529 | $143,628,640 | $2,476,396 |
| 2019 | $18,575,111 | $17,429,697 | $143,261,649 | $1,145,414 |
| 2018 | $22,018,981 | $16,495,854 | $143,729,059 | $5,523,127 |
Compare RATHBUN REGIONAL WATER ASSOCIATION INC with other nonprofits in Iowa and across the country.