Nonprofit · EIN 42-0958917
LYON AND SIOUX RURAL WATER SYSTEM INC
Tax-exempt · ROCK RAPIDS, IA 51246
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $5,184,360 | $4,497,201 | $687,159 | $37,827,803 | $17,976,277 | $19,851,526 |
| December 31, 2024 | 990 | $5,143,762 | $4,114,918 | $1,028,844 | $37,394,535 | $18,236,358 | $19,158,177 |
| December 31, 2023 | 990 | $4,890,509 | $4,083,906 | $806,603 | $36,762,744 | $18,635,101 | $18,127,643 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,952,529
- Investment income
- $21,939
- Net rental income
- $48,305
- Net gain from sales of assets
- -$150,191
- Other revenue
- $209,892
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $767,341
- Salaries, compensation and benefits (total)
- $843,313
- Professional fundraising fees
- $0
- Legal fees
- $17,903
- Accounting fees
- $12,100
- Travel
- $7,201
- Depreciation
- $1,168,622
Balance sheet and other
- Total assets, start of year
- $37,394,535
- Total assets, end of year
- $37,827,803
- Total liabilities, end of year
- $17,976,277
- Net assets, end of year
- $19,851,526
- Land, buildings and equipment
- $32,420,639
- Gross receipts
- $5,666,910
- Employees
- 11
- Year formed
- 1974
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE BONANDER | Vice President Trustee or director, Officer | 1 | $0 |
| TYLER KLAASSEN | Treasurer Trustee or director, Officer | 1 | $0 |
| CRAIG VAN OTTERLOO | BOARD MEMBER Trustee or director | 1 | $0 |
| CRAIG METZGER | Secretary Trustee or director, Officer | 1 | $0 |
| TROY THIESSEN | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN TIEDEMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF HOOGENDOORN | BOARD MEMBER Trustee or director | 1 | $0 |
| RICK MOSER | BOARD MEMBER Trustee or director | 1 | $0 |
| LARRY VAN ROEKEL | President Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE BONANDER | Vice President Trustee or director, Officer | 1 | $0 |
| TYLER KLAASSEN | Treasurer Trustee or director, Officer | 1 | $0 |
| CRAIG VAN OTTERLOO | BOARD MEMBER Trustee or director | 1 | $0 |
| CRAIG METZGER | Secretary Trustee or director, Officer | 1 | $0 |
| BARRY POLLEMA | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN TIEDEMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF HOOGENDOORN | BOARD MEMBER Trustee or director | 1 | $0 |
| RICK MOSER | BOARD MEMBER Trustee or director | 1 | $0 |
| LARRY VAN ROEKEL | President Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE BONANDER | Vice President Trustee or director, Officer | 1 | $0 |
| TYLER KLAASSEN | Treasurer Trustee or director, Officer | 1 | $0 |
| CRAIG VAN OTTERLOO | BOARD MEMBER Trustee or director | 1 | $0 |
| CRAIG METZGER | Secretary Trustee or director, Officer | 1 | $0 |
| BARRY POLLEMA | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN TIEDEMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF HOOGENDOORN | BOARD MEMBER Trustee or director | 1 | $0 |
| RICK MOSER | BOARD MEMBER Trustee or director | 1 | $0 |
| LARRY VAN ROEKEL | President Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 309, ROCK RAPIDS, IA 51246-0309
- Signed the 990
- SHARON POSTMA, ADMIN MANAGER
- Phone
- (712) 472-3755
- Return prepared by
- DE NOBLE AUSTIN & COMPANY PC
Mission
A RURAL WATER SYSTEM THAT IS DEDICATED TO PROVIDING SAFE, HIGH QUALITY WATER TO RURAL RESIDENTS IN THE IOWA COUNTIES OF LYON AND SIOUX AS WELL AS THE IOWA CITIES OF ALVORD, BOYDEN, DOON, GEORGE, INWOOD, LESTER, MATLOCK AND LARCHWOOD.
Program accomplishments
- THE RURAL WATER SYSTEM IS CONTINUING TO ACHIEVE THE ORGANIZATION'S PURPOSE BY ACQUIRING AND DISTRIBUTING SAFE, QUALITY WATER TO LYON AND SIOUX COUNTY RURAL AREAS AND SELECTED TOWNS IN AMPLE SUPPLY TO MEET THE WATER NEEDS WITHIN THIS DISTRICT.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0958917
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $37,827,803
- Income (IRS master file)
- $5,666,910
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $5,184,360 | $4,497,201 | $37,827,803 | IRS |
| 990 | December 2024 | $5,143,762 | $4,114,918 | $37,394,535 | IRS |
| 990 | December 2023 | $4,890,509 | $4,083,906 | $36,762,744 | XML |
| 990 | December 2022 | $4,293,120 | $3,900,426 | $36,385,544 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0958917).
Questions about LYON AND SIOUX RURAL WATER SYSTEM INC
- What is the EIN of LYON AND SIOUX RURAL WATER SYSTEM INC?
- The employer identification number (EIN) of LYON AND SIOUX RURAL WATER SYSTEM INC is 42-0958917.
- Is LYON AND SIOUX RURAL WATER SYSTEM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1977.
- Are donations to LYON AND SIOUX RURAL WATER SYSTEM INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LYON AND SIOUX RURAL WATER SYSTEM INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LYON AND SIOUX RURAL WATER SYSTEM INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LYON AND SIOUX RURAL WATER SYSTEM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of LYON AND SIOUX RURAL WATER SYSTEM INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does LYON AND SIOUX RURAL WATER SYSTEM INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $5,184,360, expenses of $4,497,201 and total assets of $37,827,803 at year end.
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