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Rapid Island Water Association Inc

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$1.06M (2024)

Expenses
$1.29M (2024)

Total Assets
$7.38M (2024)

Total Liabilities
$4.59M (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Sept.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,064,205
Expenses
$1,292,361
Net Income
-$228,156
Net Assets
$2,791,423
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $996,229
93.6%
Investment Income $67,976
6.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $303,315
23.5%
Assets/Debt
Total Assets $7,384,533
Total Liabilities $4,593,110
Net Assets $2,791,423
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
David Gill (Director) $0 $0 $0
Jeff Dekeyzer (Director) $0 $0 $0
Donna Turnage (Director) $0 $0 $0
Darron Rachal (Director) $0 $0 $0
Ronnie Venson (Director) $0 $0 $0
Tracy Breithaupt (President) $0 $0 $0
Joel Mathews (Vice President) $0 $0 $0
Jennifer Thiels (Sec/ Treas) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,059,455
Expenses
$1,269,671
Net Income
-$210,216
Net Assets
$3,019,579
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,031,668
97.4%
Investment Income $27,787
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $296,951
23.4%
Assets/Debt
Total Assets $7,709,210
Total Liabilities $4,689,631
Net Assets $3,019,579
Club or Co-Op Income
Income From Members $1,031,668
Income From Other Sources $27,787
Compensation
Key Employees and Officers Compensation Related Other
David Gill (Director) $0 $0 $0
Jeff Dekeyzer (Director) $0 $0 $0
Donna Turnage (Director) $0 $0 $0
Darron Rachal (Director) $0 $0 $0
Ronnie Venson (Director) $0 $0 $0
Tracy Breithaupt (President) $0 $0 $0
Joel Mathews (Vice President) $0 $0 $0
Jennifer Thiels (Sec/ Treas) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,055,026
Expenses
$1,324,889
Net Income
-$269,863
Net Assets
$3,229,795
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,046,960
99.2%
Investment Income $8,066
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $229,495
17.3%
Assets/Debt
Total Assets $7,991,333
Total Liabilities $4,761,538
Net Assets $3,229,795
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Joel Mathews (Director) $0 $0 $0
Jeff Dekeyzer (Director) $0 $0 $0
Donna Turnage (Director) $0 $0 $0
James R Downey Iii (Director) $0 $0 $0
Ronnie Venson (Director) $0 $0 $0
Tracy Breithaupt (Vice President) $0 $0 $0
Mark Setliff (President) $0 $0 $0
Jennifer Theils (Sec/ Treas) $0 $0 $0

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Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,125,323
Expenses
$1,180,473
Net Income
-$55,150
Net Assets
$3,499,659
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,111,992
98.8%
Investment Income $13,331
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $216,824
18.4%
Assets/Debt
Total Assets $8,347,494
Total Liabilities $4,847,835
Net Assets $3,499,659
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Tracy Breithaupt (Director) $0 $0 $0
Joel Mathews (Director) $0 $0 $0
Jeff Dekeyzer (Director) $0 $0 $0
James R Downey Iii (Director) $0 $0 $0
Ronnie Venson (Director) $0 $0 $0
Mark Setliff (President) $0 $0 $0
Jennifer Theils (Sec/ Treas) $0 $0 $0
Emile Williams Jr (Vice President) $0 $0 $0

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Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,876,355
Expenses
$1,067,184
Net Income
$809,171
Net Assets
$3,554,809
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,859,171
99.1%
Investment Income $17,184
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $204,767
19.2%
Assets/Debt
Total Assets $8,529,967
Total Liabilities $4,975,158
Net Assets $3,554,809
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Tracy Breithaupt (Director) $0 $0 $0
Joel Mathews (Director) $0 $0 $0
Jeff Dekeyzer (Director) $0 $0 $0
James R Downey Iii (Director) $0 $0 $0
Ronnie Venson (Director) $0 $0 $0
Mark Setliff (President) $0 $0 $0
Jennifer Theils (Sec/ Treas) $0 $0 $0
Emile Williams Jr (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,166,990
Expenses
$887,811
Net Income
$279,179
Net Assets
$2,745,638
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,153,223
98.8%
Investment Income $13,767
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $211,034
23.8%
Assets/Debt
Total Assets $7,873,540
Total Liabilities $5,127,902
Net Assets $2,745,638
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Joel Mathews (Director) $0 $0 $0
Jeff Dekeyzer (Director) $0 $0 $0
Emile Williams Jr (Director) $0 $0 $0
Don Perdue (Director) $0 $0 $0
Wayne Mathews (Director) $0 $0 $0
Tracy Breithaupt (President) $0 $0 $0
Mark Setliff (Vice President) $0 $0 $0
Jennifer Theils (Sec/ Treas) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$780,450
Expenses
$637,560
Net Income
$142,890
Net Assets
$2,466,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $773,506
99.1%
Investment Income $6,944
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $205,409
32.2%
Assets/Debt
Total Assets $2,571,253
Total Liabilities $104,794
Net Assets $2,466,459
Club or Co-Op Income
Income From Members $742,250
Income From Other Sources $38,200
Compensation
Key Employees and Officers Compensation Related Other
Joel Mathews (President) $0 $0 $0
Debhra Holaday (Director) $0 $0 $0
Emile Williams Jr (Director) $0 $0 $0
Don Perdue (Director) $0 $0 $0
Wayne Mathews (Director) $0 $0 $0
Tracy Breithaupt (President) $0 $0 $0
Mark Setliff (Vice President) $0 $0 $0
Jennifer Theils (Sec/ Treas) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$684,275
Expenses
$654,844
Net Income
$29,431
Net Assets
$2,323,569
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $680,513
99.5%
Investment Income $3,762
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $213,095
32.5%
Assets/Debt
Total Assets $2,438,565
Total Liabilities $114,996
Net Assets $2,323,569
Club or Co-Op Income
Income From Members $659,213
Income From Other Sources $25,062
Compensation
Key Employees and Officers Compensation Related Other
Mark Setliff (Director) $0 $0 $0
Ronnie Venson (Director) $0 $0 $0
Emile Williams Jr (Director) $0 $0 $0
Don Perdue (Director) $0 $0 $0
Wayne Mathews (Director) $0 $0 $0
Tracy Breithaupt (Vice President) $0 $0 $0
Lee Breithaupt (President) $0 $0 $0
Jennifer Theils (Sec/ Treas) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$678,726
Expenses
$656,007
Net Income
$22,719
Net Assets
$2,294,138
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $674,649
99.4%
Investment Income $4,077
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $220,213
33.6%
Assets/Debt
Total Assets $2,362,580
Total Liabilities $68,442
Net Assets $2,294,138
Club or Co-Op Income
Income From Members $658,864
Income From Other Sources $19,862
Compensation
Key Employees and Officers Compensation Related Other
Mark Setliff (Director) $0 $0 $0
Ronnie Venson (Director) $0 $0 $0
Emile Williams Jr (Director) $0 $0 $0
Don Perdue (Director) $0 $0 $0
Wayne Mathews (Director) $0 $0 $0
Tracy Breithaupt (Vice President) $0 $0 $0
Lee Breithaupt (President) $0 $0 $0
Jennifer Theils (Sec/ Treas) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$665,498
Expenses
$605,069
Net Income
$60,429
Net Assets
$2,271,419
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $661,504
99.4%
Investment Income $3,994
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $196,724
32.5%
Assets/Debt
Total Assets $2,346,719
Total Liabilities $75,300
Net Assets $2,271,419
Club or Co-Op Income
Income From Members $660,302
Income From Other Sources $5,196
Compensation
Key Employees and Officers Compensation Related Other
Tracy Breithaupt (Director) $0 $0 $0
Mark Setliff (Director) $0 $0 $0
Ronnie Venson (Director) $0 $0 $0
Don Perdue (Director) $0 $0 $0
Wayne Mathews (Director) $0 $0 $0
Lee Breithaupt (Vice President) $0 $0 $0
Jennifer Theils (Sec/ Treas) $0 $0 $0
Emile Williams Jr (President) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$658,105
Expenses
$649,207
Net Income
$8,898
Net Assets
$2,210,990
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $654,412
99.4%
Investment Income $3,693
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $186,183
28.7%
Assets/Debt
Total Assets $2,281,996
Total Liabilities $71,006
Net Assets $2,210,990
Club or Co-Op Income
Income From Members $651,571
Income From Other Sources $6,534
Compensation
Key Employees and Officers Compensation Related Other
Tracy Breithaupt (Director) $0 $0 $0
Mark Setliff (Director) $0 $0 $0
Robert Vandersypen (Director) $0 $0 $0
Don Perdue (Director) $0 $0 $0
Wayne Mathews (Director) $0 $0 $0
Lee Breithaupt (Vice President) $0 $0 $0
Jennifer Theils (Sec/ Treas) $0 $0 $0
Emile Williams Jr (President) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$673,001
Expenses
$666,279
Net Income
$6,722
Net Assets
$2,202,092
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $668,855
99.4%
Investment Income $4,146
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $202,029
30.3%
Assets/Debt
Total Assets $2,278,140
Total Liabilities $76,048
Net Assets $2,202,092
Club or Co-Op Income
Income From Members $664,752
Income From Other Sources $8,249

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$596,441
Expenses
$612,181
Net Income
-$15,740
Net Assets
$2,195,370
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $591,625
99.2%
Investment Income $4,816
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $212,883
34.8%
Assets/Debt
Total Assets $2,257,294
Total Liabilities $61,924
Net Assets $2,195,370
Club or Co-Op Income
Income From Members $590,356
Income From Other Sources $6,085

Document Links

Fiscal Year Ending Sept.
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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