Nonprofit · EIN 42-1089164
IOWA REGIONAL UTILITIES ASSOCIATION
Also known as CENTRAL IOWA WATER ASSOCIATION
Tax-exempt · NEWTON, IA 50208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $18,930,755 | $18,505,715 | $425,040 | $160,598,417 | $73,621,198 | $86,977,219 |
| December 31, 2024 | 990 | $18,045,922 | $16,102,277 | $1,943,645 | $158,121,243 | $71,569,064 | $86,552,179 |
| December 31, 2023 | 990 | $18,787,490 | $15,434,633 | $3,352,857 | $157,625,848 | $73,017,314 | $84,608,534 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $17,353,607
- Investment income
- $778,039
- Net rental income
- $51,622
- Net gain from sales of assets
- $57,709
- Other revenue
- $799,109
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $286,898
- Other salaries and wages
- $2,157,402
- Salaries, compensation and benefits (total)
- $2,686,208
- Professional fundraising fees
- $0
- Legal fees
- $387,360
- Accounting fees
- $38,084
- Occupancy
- $33,681
- Depreciation
- $5,163,164
Balance sheet and other
- Total assets, start of year
- $158,121,243
- Total assets, end of year
- $160,598,417
- Total liabilities, end of year
- $73,621,198
- Net assets, end of year
- $86,977,219
- Land, buildings and equipment
- $148,059,549
- Publicly traded securities
- $524,914
- Net assets without donor restrictions
- $82,471,292
- Net assets with donor restrictions
- $4,505,927
- Gross unrelated business income
- $38,256
- Gross receipts
- $18,985,051
- Employees
- 76
- Volunteers
- 0
- Year formed
- 1977
- 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 | Other / benefits |
|---|---|---|---|---|
| MATT MAHLER | CEO Officer | 55 | $223,385 | $27,363 |
| ANGIE FREEMAN | COO Highest-paid employee | 55 | $121,411 | $16,814 |
| MIKE WILDDUNG | DISTRIBUTIONS MANAGER Highest-paid employee | 55 | $107,782 | $18,336 |
| DOUG ENYART | VICE PRESIDENT Trustee or director, Officer | 1 | $4,650 | $0 |
| RON DUNSBERGEN | PRESIDENT Trustee or director, Officer | 1 | $4,500 | $0 |
| DELWIN VAN ZANTE | SECRETARY Trustee or director, Officer | 1 | $4,500 | $0 |
| CURTIS MACKIE | TREASURER Trustee or director, Officer | 1 | $4,050 | $0 |
| GENE WIEMERS | DIRECTOR Trustee or director | 1 | $4,050 | $0 |
| KEVIN NESSA | DIRECTOR Trustee or director | 1 | $4,050 | $0 |
| DONALD STRUTHERS | DIRECTOR Trustee or director | 1 | $3,900 | $0 |
| BRYCE DEE | DIRECTOR Trustee or director | 1 | $3,600 | $0 |
| JULIE PICKARD | DIRECTOR Trustee or director | 1 | $2,700 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATT MAHLER | CEO Officer | 55 | $173,191 | $22,748 |
| ANGIE FREEMAN | COO Highest-paid employee | 55 | $100,229 | $15,239 |
| RON DUNSBERGEN | PRESIDENT Trustee or director, Officer | 1 | $4,500 | $0 |
| DOUG ENYART | DIRECTOR Trustee or director | 1 | $4,200 | $0 |
| DELWIN VAN ZANTE | SECRETARY Trustee or director, Officer | 1 | $4,050 | $0 |
| DONALD STRUTHERS | DIRECTOR Trustee or director | 1 | $3,900 | $0 |
| GENE WIEMERS | DIRECTOR Trustee or director | 1 | $3,900 | $0 |
| CURTIS MACKIE | TREASURER Trustee or director, Officer | 1 | $3,750 | $0 |
| DAN BRANDT | VICE-PRESIDENT Trustee or director, Officer | 1 | $3,600 | $0 |
| KEVIN NESSA | DIRECTOR Trustee or director | 1 | $3,450 | $0 |
| BRYCE DEE | DIRECTOR Trustee or director | 1 | $2,550 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATT MAHLER | CEO Officer | 55 | $169,632 | $21,005 |
| RON DUNSBERGEN | PRESIDENT Trustee or director, Officer | 1 | $4,400 | $0 |
| DELWIN VAN ZANTE | SECRETARY Trustee or director, Officer | 1 | $4,250 | $0 |
| KEVIN NESSA | DIRECTOR Trustee or director | 1 | $4,250 | $0 |
| DAN BRANDT | VICE-PRESIDENT Trustee or director, Officer | 1 | $4,150 | $0 |
| DONALD STRUTHERS | DIRECTOR Trustee or director | 1 | $4,100 | $0 |
| DOUG ENYART | DIRECTOR Trustee or director | 1 | $4,050 | $0 |
| GENE WIEMERS | DIRECTOR Trustee or director | 1 | $4,000 | $0 |
| CURTIS MACKIE | TREASURER Trustee or director, Officer | 1 | $3,950 | $0 |
| BRYCE DEE | DIRECTOR Trustee or director | 1 | $3,100 | $0 |
Address and contacts
- Address (IRS master file)
- 1351 IOWA SPEEDWAY DR, NEWTON, IA 50208-8256
- Principal officer (990 for 2025)
- MATT MAHLER, 1351 IOWA SPEEDWAY DRIVE, NEWTON, IA 502088245
- Signed the 990
- MATT MAHLER, CEO
- Phone
- (641) 792-7011
- Website
- WWW.IRUA.NET
- Return prepared by
- DENMAN CPA LLP
Mission
PROVIDE WATER AND WASTEWATER COLLECTION AND TREATMENT SERVICES TO RURAL RESIDENTS, SMALL COMMUNITIES, DEVELOPMENTS, RECREATIONAL FACILITIES AND RURAL-BASED BUSINESSES THROUGHOUT CENTRAL AND NORTHEAST IOWA.
Program accomplishments
- PURPOSE OF DEVELOPING, CONSTRUCTING AND OPERATING WATER LINES, TREATMENT FACILITIES, WELLS AND RESERVOIRS TO PROVIDE WATER AND OR SEWER TREATMENT TO RESIDENTS OF CENTRAL AND NORTHEAST IOWA COUNTIES.
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
- 42-1089164
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $160,598,417
- Income (IRS master file)
- $18,985,051
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $18,930,755 | $18,505,715 | $160,598,417 | XML |
| 990 | December 2024 | $18,045,922 | $16,102,277 | $158,121,243 | XML |
| 990 | December 2023 | $18,787,490 | $15,434,633 | $157,625,848 | XML |
| 990 | December 2022 | $16,368,127 | $14,316,213 | $156,136,474 | 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 42-1089164).
Questions about IOWA REGIONAL UTILITIES ASSOCIATION
- What is the EIN of IOWA REGIONAL UTILITIES ASSOCIATION?
- The employer identification number (EIN) of IOWA REGIONAL UTILITIES ASSOCIATION is 42-1089164.
- Is IOWA REGIONAL UTILITIES ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1979.
- Are donations to IOWA REGIONAL UTILITIES ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does IOWA REGIONAL UTILITIES ASSOCIATION 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 IOWA REGIONAL UTILITIES ASSOCIATION 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 IOWA REGIONAL UTILITIES ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of IOWA REGIONAL UTILITIES ASSOCIATION?
- The 990 for the year ended December 31, 2025 names MATT MAHLER.
- Who are the officers and directors of IOWA REGIONAL UTILITIES ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 12 people; 12 received compensation from the organization, the highest $223,385 (MATT MAHLER, CEO).
- How much revenue does IOWA REGIONAL UTILITIES ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $18,930,755, expenses of $18,505,715 and total assets of $160,598,417 at year end.
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