RURAL WATER SYSTEM NUMBER 1 Charity Report

Public IRS 990 nonprofit record

RURAL WATER SYSTEM NUMBER 1

EIN 42-0946161

What they do

WATER SALES

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

90.46%of revenue went to mission work100.0% of expenses · Program services

$90.46spent for every $100 of revenueRevenue covered expenses this year.

$11.83in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $172,335 for RANDY IEDEMA (MANAGER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,401,082

Mission workProgram services$3,076,46890.46% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$324,6149.54% of revenueShown in gray on the chart

Total expenses$3,076,46890.46% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 90.46% of revenue

2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 87.97% of revenue

2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 91.03% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 86.62% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 90.25% of revenue

2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 97.39% of revenue

Money in and money out

Revenue$3,401,082

Expenses$3,076,468

Annual surplus $324,614 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,076,468 · 100.0% of expenses

See all reported dollar amounts

Revenue$3,401,082

Expenses$3,076,468

Assets$36,384,259

Income$4,690,416

Mission work (program services)$3,076,468

Accounting fees$13,990

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RANDY IEDEMAMANAGER · 55 hrs/week $172,335

MATT HANENBURGPRESIDENT · 5 hrs/week $1,750

MICAH SCHOUTENSECRETARY · 5 hrs/week $1,750

JUSTIN BOERSMADIRECTOR · 5 hrs/week $1,375

PAUL STOLLDIRECTOR · 5 hrs/week $1,250

AARON SNELLERDIRECTOR · 5 hrs/week $1,125

DAN BUYERTVICE PRESIDE · 5 hrs/week $1,000

JEFF BEYERDIRECTOR · 5 hrs/week $875

JAKE GRANSTRADIRECTOR · 5 hrs/week $750

JOSH CROATTDIRECTOR · 5 hrs/week $750

CRAIG HOFTYZERDIRECTOR · 5 hrs/week $375

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

RANDY IEDEMAMANAGER

MATT HANENBURGPRESIDENT

MICAH SCHOUTENSECRETARY

JUSTIN BOERSMADIRECTOR

PAUL STOLLDIRECTOR

AARON SNELLERDIRECTOR

DAN BUYERTVICE PRESIDE

JEFF BEYERDIRECTOR

JAKE GRANSTRADIRECTOR

JOSH CROATTDIRECTOR

CRAIG HOFTYZERDIRECTOR

About this charity

Location: 4438 380TH ST, HOSPERS, IA 51238
County: Sioux
In care of: RANDY IEDEMA
Primary officer: RANDY IEDEMA, MANAGER

How to reach them

Phone(712) 752-8318

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: K F MURPHY CO PC