Public Charity

HISEGA MEADOWS WATER INC

HISEGA MEADOWS WATER INC is a nonprofit organization categorized as Public Charity based in RAPID CITY, SD. Its most recent IRS filing (2025) reports revenue of $258K, expenses of $205K, total assets of $1.3M.

EIN: 208561749 RAPID CITY, SD Public Utilities NTEE: W80 Latest filing: 2025
Total Revenue$258K
Total Expenses$205K
Total Assets$1.3M
Grant Records0
Filing Years2017–2025

Mission

THE ORGANIZATION WAS FORMED TO PROVIDE WATER TO ITS MEMBERS WHO LIVE WITHIN ITS SERVICE AREA.THE OBJECTIVE OF THE ORGANIZATION IS THAT ANY INDIVIDUALS OR ENTITIES CAN BECOME MEMBERS UPON SUBMITTING AN APPLICATION AND PAYING A HOOKUP FEE AND THEN MONTHLY WATER USAGE RATES.

Where $100 goes at Hisega Meadows Water Inc

How Hisega Meadows Water Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
The objective of the entity is to set water usage fees at a level that covers the debt service payments, the costs to treat, purify, and deliver the…
All program spending · Reported in the filing: 200 members
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Craig Fischer
SECRETARY Jane Russell
DIRECTOR John Kolasa
BOOKKEEPERTRANSCRIBER Larry Deibert
PRESIDENT Richard Smith
VICE PRESIDENT Steve Vadney

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $258K $205K $1.3M
2024 $247K $240K $1.3M
2019 $236K $190K $1.6M
2018 $242K $212K $1.5M
2017 $236K $205K $1.6M

Between 2017 and 2025, reported annual revenue grew from $236K to $258K (+10%), with total assets most recently reported at $1.3M.

Interactive year-over-year charts and full filing details available with membership.

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