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Nonprofit · EIN 22-2471827

AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND

Tax-exempt · CAMDEN, NJ 08102

Financials

$97.5M$144.5M2023$89.7M$142.4M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$89,729,581$142,374,475-$52,644,894$112,248,657$9,992,863$102,255,794
December 31, 2023990$97,515,088$144,500,791-$46,985,703$169,198,444$10,320,542$158,877,902
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$79,377,361
Investment income
$3,843,916
Net gain from sales of assets
-$536,833
Other revenue
$6,508,304

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$137,912,988
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$21,369
Program services (functional)
$142,227,793
Management and general (functional)
$146,682

Balance sheet and other

Total assets, start of year
$169,198,444
Total assets, end of year
$112,248,657
Total liabilities, end of year
$9,992,863
Net assets, end of year
$102,255,794
Gross unrelated business income
$1,035,860
Gross receipts
$279,084,237
Employees
0
Volunteers
5
Year formed
1983
State of legal domicile
PA

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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARTY FALKENBERGBENEFIT COMMITTEE
Trustee or director, Officer
1$0$526,911$30,286
LYNDA DIMENNABENEFIT COMMITTEE
Trustee or director, Officer
1$0$478,470$33,210
MELISSA CIULLOBENEFIT COMMITTEE
Trustee or director, Officer
1$0$394,821$22,730
NICK FURIABENEFIT COMMITTEE
Trustee or director, Officer
1$0$344,970$24,318
RHYAN COHRANEBENEFIT COMMITTEE
Trustee or director, Officer
1$0$134,902$10,153
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LYNDA DIMENNABENEFIT COMMITTEE
Trustee or director, Officer
1$0$454,991$31,514
MELISSA CIULLOBENEFIT COMMITTEE
Trustee or director, Officer
1$0$366,288$23,781
DAVID CHOATEBENEFIT COMMITTEE
Trustee or director, Officer
1$0$360,543$24,130
MARTY FALKENBERGBENEFIT COMMITTEE
Trustee or director, Officer
1$0$335,003$27,241
NICK FURIABENEFIT COMMITTEE
Trustee or director, Officer
1$0$267,869$21,653
RHYAN COHRANEBENEFIT COMMITTEE
Trustee or director, Officer
1$0$195,369$14,341

Address and contacts

Address (IRS master file)
1 WATER ST, CAMDEN, NJ 08102-1658
Principal officer (990 for 2024)
MARTIN FALKENBERG, PO BOX 2738 1 WATER STREET, CAMDEN, NJ 08102
Signed the 990
MARTIN FALKENBERG, SVP, DEPUTY CHRO
Phone
(856) 955-4001
Return prepared by
KREISCHER MILLER

Mission

THE TRUST IS A VOLUNTARY EMPLOYEE'S BENEFICIARY ASSOCIATION (THE "VEBA") ESTABLISHED BY AMERICAN WATER WORKS COMPANY INC. (THE COMPANY). THE COMPANY AND PARTICIPANTS FUND THE VEBA SOLELY TO PROVIDE GROUP INSURANCE, EMPLOYEE ASSISTANCE AND LONG-TERM DISABILITY BENEFITS TO THE COMPANY'S EMPLOYEES. THE GROUP INSURANCE PLAN, (MEDICAL, DENTAL, PRESCRIPTION, VISION, GROUP LIFE INSURANCE, SHORT TERM DISABILITY AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS) AND THE EMPLOYEE ASSISTANCE PLAN ARE PROVIDED TO ALL FULL-TIME PERMANENT EMPLOYEES AND, AS PERMITTED UNDER THE PLAN, TO DEPENDENTS. THE LONG-TERM DISABILITY PLAN PROVIDES ITS BENEFITS TO THE COMPANY'S NON-BARGAINING UNIT EMPLOYEES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE TRUST IS A VOLUNTARY EMPLOYEE'S BENEFICIARY ASSOCIATION (THE "VEBA") ESTABLISHED BY AMERICAN WATER WORKS COMPANY INC. (THE COMPANY). THE COMPANY AND PARTICIPANTS FUND THE VEBA SOLELY TO PROVIDE GROUP INSURANCE, EMPLOYEE ASSISTANCE AND LONG-TERM DISABILITY BENEFITS TO THE COMPANY'S EMPLOYEES, AS WELL AS COVERAGE FOR PRE-65 UNION RETIREES. THE GROUP INSURANCE PLAN, (MEDICAL, DENTAL, PRESCRIPTION, VISION, GROUP LIFE INSURANCE, SHORT TERM DISABILITY AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS) AND THE EMPLOYEE ASSISTANCE PLAN ARE PROVIDED TO ALL FULL-TIME PERMANENT EMPLOYEES AND, AS PERMITTED UNDER THE PLAN, TO DEPENDENTS. THE LONG-TERM DISABILITY PLAN PROVIDES ITS BENEFITS TO THE COMPANY'S NON-BARGAINING UNIT EMPLOYEES. THE PRE-65 UNION RETIREES PLAN PROVIDES COVERAGE FOR PRE-65 UNION RETIREES AND DEPENDENT COVERAGE FOR PRE-65 DEPENDENTS OF PRE-65 UNION RETIREES.
    Expenses $142,227,793 · revenue $79,377,361

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-2471827
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$112,248,657
Income (IRS master file)
$279,084,237

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$89,729,581$142,374,475$112,248,657IRS
990December 2023$97,515,088$144,500,791$169,198,444XML
990December 2022$142,099,462$135,707,290$16,687,059IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 22-2471827).

Questions about AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND

What is the EIN of AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND?
The employer identification number (EIN) of AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND is 22-2471827.
Is AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1989.
Are donations to AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND 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 AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND?
The 990 for the year ended December 31, 2024 names MARTIN FALKENBERG.
Who are the officers and directors of AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does AMERICAN WATER WORKS CO INC AND ITS DESGNTD SUBSID AFFL GRP INSUR FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $89,729,581, expenses of $142,374,475 and total assets of $112,248,657 at year end.

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