Web Water Development Assoc INC

Not tax-deductible

Aberdeen, SDMutual-benefit / member-servingSince 1979Mutual / membership EIN 46-0352027Revenue $20.2M in FY2025Latest return filed Dec 22, 2025

On file with the IRSwebwater.orgAberdeen, SDTax-exempt since Aug 1979

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The orgranization was incorporated for the purpose of operating a system for the distribution of Water to its members for domestic and commercial use.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-0352027) · Dispute this line
$838K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $5.4M a year · 32% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$838K
to officers and key staff · 7% of spending
Pay to officers and key staff is 7% of spending.
Part VII, Section A
22.7 mo
of spending, in cash
22.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$94.5M
39% of total assets
Liabilities are 39% of assets.
Pt X · Ln 26
Independent board members
9
of 9 voting members
9 of 9 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$20.2M
+4% vs prior year
Spent
$12.9M
To programs
0%
Net assets
$144.9M
By yearFY2020–FY2025
Revenue
$20.2M
FY2025▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$13.3M
FY2021$15.1M
FY2022$14.7M
FY2023$17.9M
FY2024$19.4M
FY2025$20.2M
Expenses
$12.9M
FY2025▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.8M
FY2021$10.1M
FY2022$11.1M
FY2023$11.6M
FY2024$12.4M
FY2025$12.9M
Net assets
$144.9M
FY2025▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$94.6M
FY2021$97.2M
FY2022$98.8M
FY2023$104.7M
FY2024$127.6M
FY2025$144.9M

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1979.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

14 people listed on the 990; $838K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
General Mana
$197,067Pt VII · Sec A
Wtr Trtmnt M
$163,903Pt VII · Sec A
Construction
$152,203Pt VII · Sec A
Constr Inspe
$136,791Pt VII · Sec A
Electrician
$136,154Pt VII · Sec A
Treasurer
$10,100Pt VII · Sec A
$8,300Pt VII · Sec A
Director
$7,900Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Shane Phillips$197,067$170,090$106,515———
Clayton Larson$163,903$154,331$111,664$104,429$102,669—
Eric Hansen$152,203$144,739————
Richard Adema$136,791—————
Randy Zens$136,154$132,978$103,050———
Angie Hammrich——$131,228$123,310$120,856$119,889
Todd Lerew—$118,090————
Les Hinds$10,100$11,280$9,080$8,280$6,280$7,580

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Web Water Development Assoc INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides water distribution for members' homes and businesses.

Questions for Web Water Development Assoc INC

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Your first name shows with your question. Web Water Development Assoc INC answers here, for everyone.

1 program · in their own filed words · FY2024
01

Web water development association, inc. Operates a high quality water treatment and distribution system to provide its members with safe water for domestic and commercial use, providing a little over 2.1 billion gallons of water in fiscal year 2025.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-0352027) · Dispute this line
Pt IX · Ln 25 · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Sep 2025 · $72.3M federal money spent
Water and Waste Disposal Systems for Rural CommunitiesDepartment of Agriculture · ALN 10.760 · Direct$65.9M
Coronavirus State and Local Fiscal Recovery FundsDepartment of the Treasury · ALN 21.027 · Through SD Department of Agriculture and Natural Resources$6.4M

The auditor reported: a material weakness in money controls.

Year ending Sep 2024 · $51.9M federal money spent
Water and Waste Disposal Systems for Rural CommunitiesDepartment of Agriculture · ALN 10.760 · Direct$34.3M
Coronavirus State and Local Fiscal Recovery FundsDepartment of the Treasury · ALN 21.027 · Through SD Department of Agriculture and Natural Resources$17.6M

The auditor reported: a material weakness in money controls.

Year ending Sep 2023 · $13.4M federal money spent
Water and Waste Disposal Systems for Rural CommunitiesDepartment of Agriculture · ALN 10.760 · Direct$12.0M
Coronavirus State and Local Fiscal Recovery FundsDepartment of the Treasury · ALN 21.027 · Through SD Department of Agriculture and Natural Resources$1.4M

The auditor reported: a material weakness in money controls.

Year ending Sep 2020 · $7.1M federal money spent
Water and Waste Disposal Systems for Rural CommunitiesDepartment of Agriculture · ALN 10.760 · Direct$7.1M

The auditor reported: a weakness in money controls.

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$20.2M
Ln 12
Fees for servicesLn 2g$19.2M
Investment incomeLn 3$943K
Money outPt IX
$12.9M
Ln 25
Owns and owesPt X
$144.9M
net assets · Ln 32
Cash and savingsLn 1–2$24.4M
Total assetsLn 16$239.4M
LiabilitiesLn 26$94.5M
PeoplePt VI, VII
14
listed · VII A
PaidVII A14
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$19.2M
Investment incomeLn 3$943K
Total revenueLn 12$20.2M
Assets in detailPt X, end of year
CashLn 1$24.4M
Cash and savings togetherLn 1–2$24.4M
Pledges and grants receivableLn 3$2.8M
Accounts receivableLn 4$1.5M
Inventories for sale or useLn 8$2.5M
Land, buildings, equipmentLn 10c$207.0M
InvestmentsLn 11–13$426K
Other assetsLn 15$792K
Total assetsLn 16$239.4M
LiabilitiesLn 26$94.5M
Net assetsLn 32$144.9M
OperationsPt I, VI
EmployeesI 550
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$20.2M$24.4M
InvestmentsLn 11–13$342K$426K
Land, buildings, equipmentLn 10c$169.6M$207.0M
Total assetsLn 16$205.1M$239.4M
LiabilitiesLn 26$77.5M$94.5M
Net assetsLn 32$127.6M$144.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$3K
Other salaries and wagesLn 7$3.4M
Pension plan contributionsLn 8$220K
Other employee benefitsLn 9$614K
Payroll taxesLn 10$270K
Legal feesLn 11b$60K
Accounting feesLn 11c$22K
Advertising and promotionLn 12$166
Office expensesLn 13$513K
Information technologyLn 14$137K
OccupancyLn 16$343K
TravelLn 17$321K
Conferences, conventions and meetingsLn 19$124K
InterestLn 20$1.2M
Depreciation, depletion and amortizationLn 22$2.6M
Other expenses (24a–d)Ln 24$3.1M
Total functional expensesLn 25$12.9M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Dec 22, 2025 $20.2M$12.9M$7.3M$144.9M 990 PDF
FY2024Filed with the IRS Jan 15, 2025 $19.4M$12.4M$7.0M$127.6M 990 PDF
FY2023Filed with the IRS Jan 16, 2024 $17.9M$11.6M$6.3M$104.7M 990 PDF
FY2022Filed with the IRS Jan 12, 2023 $14.7M$11.1M$3.6M$98.8M 990 PDF
FY2021Filed with the IRS Jan 27, 2022 $15.1M$10.1M$4.9M$97.2M 990 PDF
FY2020Filed with the IRS Jan 30, 2021 $13.3M$9.8M$3.5M$94.6M 990 PDF

Schedules filed Part IV

A · Public support I · Grants J · Pay O · Explanations
See the full FY2025 990
Part I · Summary $20,152,263 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $18,577,159$19,213,739
I-10 Investment incomePrior year $869,443$943,444
I-11 Other revenuePrior year −$2,734−$4,920
I-12 Total revenuePrior year $19,443,868$20,152,263
I-13 Grants and similar amounts paidPrior year $3,084$3,104
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $4,110,506$4,488,160
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $8,284,655$8,390,888
I-18 Total expensesPrior year $12,398,245$12,882,152
I-19 Revenue less expensesPrior year $7,045,623$7,270,111
Part VI · Governance 9 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $20,152,263 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $19,213,739$19,213,739
VIII-3 Investment incomeUnrelated business $85 · Excluded from tax $943,359$943,444
VIII-6 Net rental income or lossUnrelated business −$4,920−$4,920
VIII-12 Total revenueRelated to mission $19,213,739 · Unrelated business −$4,835 · Excluded from tax $943,359$20,152,263
Part IX · Statement of functional expenses $12,882,152 across 16 lines filed
IX-2 Grants to domestic individuals$3,104
IX-7 Other salaries and wages$3,384,333
IX-8 Pension plan contributions$219,809
IX-9 Other employee benefits$613,591
IX-10 Payroll taxes$270,427
IX-11b Legal fees$60,416
IX-11c Accounting fees$22,486
IX-12 Advertising and promotion$166
IX-13 Office expenses$513,306
IX-14 Information technology$137,253
IX-16 Occupancy$342,923
IX-17 Travel$320,734
IX-19 Conferences, conventions and meetings$124,477
IX-20 Interest$1,173,006
IX-22 Depreciation, depletion and amortization$2,592,943
IX-24 Other expenses (24a–d)$3,103,178
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$12,882,152
Part X · Balance sheet $239,437,239 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $20,237,173$24,385,492
X-3 Pledges and grants receivableStart of year $9,933,256$2,759,667
X-4 Accounts receivableStart of year $1,550,681$1,529,710
X-8 Inventories for sale or useStart of year $2,664,609$2,512,000
X-10c Land, buildings and equipment, netStart of year $169,628,820$207,032,589
X-12 Other securitiesStart of year $342,469$426,161
X-15 Other assetsStart of year $679,336$791,620
X-16 Total assetsStart of year $205,076,218$239,437,239
X-17 Accounts payable and accrued expensesStart of year $19,569,212$10,499,259
X-21 Escrow or custodial accountsStart of year $33,535$33,985
X-23 Secured mortgages and notes payableStart of year $54,952,199$81,222,433
X-24 Unsecured notes and loans payableStart of year $2,655,371$2,509,422
X-25 Other liabilitiesStart of year $244,825$245,295
X-26 Total liabilitiesStart of year $77,455,142$94,510,394
X-27 Net assets without donor restrictionsStart of year $127,621,076$144,926,845
X-32 Total net assets or fund balancesStart of year $127,621,076$144,926,845
X-33 Total liabilities and net assetsStart of year $205,076,218$239,437,239
Part XI · Reconciliation of net assets $144,926,845 net assets at year end
XI-1 Total revenue$20,152,263
XI-2 Total expenses$12,882,152
XI-3 Revenue less expenses$7,270,111
XI-4 Net assets at start of year$127,621,076
XI-9 Other changes in net assets$10,035,658
XI-10 Net assets at end of year$144,926,845

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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