LAKE AREA WASTE WATER ASSOCIATION INC

EIN: 270713469 Public & Societal Benefit

Osage Beach, MO

Total Revenue
$1,540,909
Total Expenses
$1,551,363
Total Assets
$1,450,675
Net Assets
$546,879
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
MO
Principal Officer
GERALD MILLER
Phone
5733463810
Tax Period
2023-01-01 to 2023-12-31

LAKE AREA WASTE WATER ASSOCIATION INC, founded in 2010, is a community nonprofit in the Public & Societal Benefit sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

LAWWA'S MISSION IS TO PROVIDE WASTEWATER COLLECTION AND TREATMENT TO THE BEST OF ITS ABILITIES WHILE PRESERVING COSTS,UTILIZING AVAILABLE AND NEW TECHNOLOGIES TO SUPPORT AND ENHANCE THESE ABILITIES, AND EDUCATING MEMBERS AND NON-MEMBERS IN PROPER DISPOSAL AND TREATMENT OF WASTEWATER.

Program Service Accomplishments

Program 1

THE ONGOING EVALUATION OF CURRENT MEMBERS. ONGOING EVALUATION OF CURRENT MEMBERS IS ACHIEVED THROUGH THE FOLLOWING METHODS: REGULATORY REQUIREMENT, REGULATORY INSPECTIONS AND CORRECTIVE ACTIONS AND...

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THE ONGOING EVALUATION OF CURRENT MEMBERS. ONGOING EVALUATION OF CURRENT MEMBERS IS ACHIEVED THROUGH THE FOLLOWING METHODS: REGULATORY REQUIREMENT, REGULATORY INSPECTIONS AND CORRECTIVE ACTIONS AND OPERATOR AND MAINTENANCE REPORTS. PARTICIPATION BY LAWWA AND ITS MANAGEMENT IN ATTENDING STAKEHOLDER GROUPS AS WELL AS REVIEW PUBLICATIONS AND WEBCASTS THAT MAY GUIDE FOR FUTURE EXPANSIONS OR REPAIRS.

Program 2

THE SEARCH FOR NEW MEMBERS. MEMBERS ARE VETTED THROUGH WORD OF MOUTH, REGULATORY COMPLIANCE ISSUES, FINANCIAL HARDSHIPS OR VARIOUS OTHER REASONS. CURRENT EXPLORATION OF NEW MEMBERS IS THROUGH DIRECT...

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THE SEARCH FOR NEW MEMBERS. MEMBERS ARE VETTED THROUGH WORD OF MOUTH, REGULATORY COMPLIANCE ISSUES, FINANCIAL HARDSHIPS OR VARIOUS OTHER REASONS. CURRENT EXPLORATION OF NEW MEMBERS IS THROUGH DIRECT MAILING AND TARGETED FACILITIES WITH KNOWN ISSUES.

Program 3

LONG TERM PLANNING. AT LEAST ANNUALLY, THE BOARD OF DIRECTORS WILL DISCUSS UPCOMING PROJECTS AS WELL AS POTENTIAL FUTURE REGULATORY IMPACTS TO THE MEMBERS. USUALLY THIS DISCUSSION CENTERS AROUND THE...

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LONG TERM PLANNING. AT LEAST ANNUALLY, THE BOARD OF DIRECTORS WILL DISCUSS UPCOMING PROJECTS AS WELL AS POTENTIAL FUTURE REGULATORY IMPACTS TO THE MEMBERS. USUALLY THIS DISCUSSION CENTERS AROUND THE BUDGETARY MEETING, HOWEVER, IT IS NOT LIMITED TO THAT MEETING. LONG TERM PLANNING ALSO INCORPORATES FUNDING DISCUSSION ALONG WITH NEW PROJECT DEVELOPMENT WITH REGARDS TO THE INCOME FROM MEMBERS SERVED.

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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 $0
Program Service Revenue $1,525,450
Investment Income $15,459
Other Revenue $0
TOTAL REVENUE $1,540,909

Expense Breakdown

Grants Paid $0
Salaries & Benefits $215,453
Fundraising Expenses $0
Other Expenses $1,335,910
TOTAL EXPENSES $1,551,363

Year-over-Year Comparison

2023 2022 Change
Revenue $1,540,909 $1,354,114 +0.1%
Expenses $1,551,363 $1,473,422 +0.1%
Net Income $-10,454 $-119,308 -0.9%
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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Governance

Voting Members
3
Independent Members
3
Employees
6
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TED JACQUES Director 3.00
Director
$0 $0 $0
DR JOHN REINHOLD Treasurer 3.00
Officer Director
$0 $0 $0
GERALD MILLER President 3.00
Officer 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 $1,540,909 $1,551,363 $1,450,675 $-10,454
2022 $1,354,114 $1,473,422 $521,941 $-119,308
2021 $1,338,706 $1,395,882 $681,805 $-57,176
2020 $1,326,974 $1,239,452 $711,995 $87,522
2019 $1,244,723 $1,139,350 $547,120 $105,373
2018 $1,207,451 $1,007,693 $441,201 $199,758
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