Public Charity

LINCOLN CNTY RURAL WATER SYSTEM INC

Based in SIOUX FALLS, SD, LINCOLN CNTY RURAL WATER SYSTEM INC operates as a Public Charity. The organization reported $3.5M in revenue, $2.5M in expenses, $18.5M in total assets for fiscal year 2025.

EIN: 460314277 SIOUX FALLS, SD Latest filing: 2025
Total Revenue$3.5M
Total Expenses$2.5M
Total Assets$18.5M
Grant Records0
Filing Years2021–2025

Mission

TO DELIVER RURAL WATER AT AN AFFORDABLE COST

Where $100 goes at Lincoln Cnty Rural Water System Inc

How Lincoln Cnty Rural Water System Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$84 Programs the work itself
$16 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 $84 for programs

$84
To deliver rural water at an affordable cost
All program spending
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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

DIRECTOR Chris Hofer
DIRECTOR Dan Fink
DIRECTOR Isaac Johnson
PRESIDENT Joe Burns
VICE PRESIDE Larry Healy
DIRECTOR Matthew Erickson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $3.5M $2.5M $18.5M
2024 $4.3M $2.1M $15.9M
2023 $2.6M $2.0M $13.0M
2022 $2.8M $1.8M $12.7M
2021 $2.1M $1.6M $12.0M

Between 2021 and 2025, reported annual revenue grew from $2.1M to $3.5M (+66%), with total assets most recently reported at $18.5M.

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

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