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Nonprofiteer
← WATER ISAC

Form 990 for tax year 2022

Filed by WATER ISAC.

Totals

Total revenue
$1,156,579
Total expenses
$1,091,257
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,067,449
Investment income
$48,197
Other revenue
$40,933
Total assets, end of year
$2,503,655
Total liabilities, end of year
$712,333
Net assets or fund balances, end of year
$1,791,322
Program services expenses (Part IX)
$865,423
Management and general expenses
$225,834
Fundraising expenses
$0
Program service expenses (Part III)
$865,423

Program services were 79.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: SUBSCRIBER DUES

    total $1,067,449 · related or exempt $1,067,449

  • 3 · Investment income

    total $43,222 · excluded $43,222

  • 7a · Gross sales of assets other than inventory

    securities $581,584

  • 7b · Less cost or other basis and sales expenses

    securities $576,609

  • 7c · Gain or loss

    securities $4,975

  • 7d · Net gain or loss

    total $4,975 · excluded $4,975

  • 11a · Other revenue: SPONSORSHIPS

    total $19,400 · related or exempt $19,400

  • 11b · Other revenue: WEBINAR

    total $16,535 · related or exempt $16,535

  • 11c · Other revenue: REFERRAL INCOME

    total $4,448 · related or exempt $4,448

  • 11d · All other revenue

    total $550 · related or exempt $550

  • 11e · Other revenue, total

    $40,933

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $485,622 · program services $325,366 · management and general $160,256

  • 11b · Fees: legal

    total $5,101 · program services $3,215 · management and general $1,886

  • 11c · Fees: accounting

    total $37,825 · management and general $37,825

  • 11f · Fees: investment management

    total $10,479 · management and general $10,479

  • 11g · Fees: other

    total $24,312 · program services $15,324 · management and general $8,988

  • 13 · Office expenses

    total $22,371 · program services $22,371

  • 14 · Information technology

    total $21,995 · program services $21,995

  • 17 · Travel

    total $13,039 · program services $8,218 · management and general $4,821

  • 22 · Depreciation, depletion and amortization

    total $33,403 · program services $33,403

  • 23 · Insurance

    total $4,271 · program services $2,692 · management and general $1,579

  • 24a · Other expenses: SERVICE CONTRACT

    total $319,378 · program services $319,378

  • 24b · Other expenses: DATABASE ACCESS

    total $51,621 · program services $51,621

  • 24c · Other expenses: PORTAL MAINTENANCE

    total $38,870 · program services $38,870

  • 24d · Other expenses: OUTREACH

    total $22,970 · program services $22,970

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $830,051 · end of year $768,194

  • 4 · Accounts receivable

    beginning of year $550 · end of year $1,100

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,001 · end of year $7,949

  • 10a · Land, buildings and equipment: cost or other basis

    $167,015

  • 10b · Land, buildings and equipment: accumulated depreciation

    $144,746

  • 10c · Land, buildings and equipment, net

    beginning of year $55,672 · end of year $22,269

  • 11 · Investments: publicly traded securities

    beginning of year $1,592,514 · end of year $1,692,193

  • 15 · Other assets

    beginning of year $9,624 · end of year $11,950

  • 17 · Accounts payable and accrued expenses

    beginning of year $28,821 · end of year $49,272

  • 19 · Deferred revenue

    beginning of year $658,353 · end of year $659,855

  • 25 · Other liabilities

    beginning of year $1,361 · end of year $3,206

  • 27 · Net assets without donor restrictions

    beginning of year $1,812,877 · end of year $1,791,322

Mission and programs · 2022

Mission

THE WATER INFORMATION SHARING AND ANALYSIS CENTER (WATERISAC) IS A WEB-BASED INFORMATION TECHNOLOGY SYSTEM DESIGNED FOR THE EXPRESS PURPOSE OF SHARING SECURITY INFORMATION AMONG WATER AND WASTEWATER UTILITIES, AND ESTABLISHING COMMUNICATION BETWEEN THE UTILITIES AND FEDERAL AGENCIES DEALING WITH SECURITY, LAW ENFORCEMENT, INTELLIGENCE, THE ENVIRONMENT AND PUBLIC HEALTH.

Activities or mission (Part I)

THE WATER INFORMATION SHARING AND ANALYSIS CENTER (WATERISAC) IS AN ORGANIZATION THAT CONDUCTS THREAT ANALYSIS AND DISSEMINATES THREAT AND VULNERABILITY INFORMATION AND BEST PRACTICES FOR WATER AND WASTEWATER UTILITIES. THE CENTER PROVIDES A METHOD OF COMMUNICATION BETWEEN THE UTILITIES AND FEDERAL AGENCIES DEALING WITH SECURITY, LAW ENFORCEMENT, INTELLIGENCE, THE ENVIRONMENT AND PUBLIC HEALTH.

  • DEVELOP, OPERATE, AND MAINTAIN A SECURE ONLINE PORTAL FOR THE SHARING OF INFORMATION AND ANALYSIS RELATED TO THE SECURITY OF THE PUBLIC DRINKING WATER AND WASTEWATER INFRASTRUCTURE OF THE UNITED STATES; EDUCATE UTILITIES AND STATE AND FEDERAL AGENCIES ABOUT SECURITY THREATS, PLANNING AND RESPONSE.

    Expenses $865,423 · Revenue $1,067,449

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John P Sullivan

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Susan Breau

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Roger Caslow

    MANAGER

    Total calculated
    $0
    Hours/week
    0.5

  • Scott Dewhirst

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Jeff Farney

    MANAGER

    Total calculated
    $0
    Hours/week
    0.5

  • Rick Jolley

    MANAGER

    Total calculated
    $0
    Hours/week
    0.5

  • Alex Margevicius

    MANAGER

    Total calculated
    $0
    Hours/week
    0.5

  • David J Peterson

    MANAGER

    Total calculated
    $0
    Hours/week
    0.5

  • Robert Walters

    MANAGER

    Total calculated
    $0
    Hours/week
    0.5

  • Thomas Dobbins

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $216,558
    From this org
    $0
    From related orgs
    $192,984
    Other
    $23,574
    Hours/week
    10 + 27.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $192,984 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $12,000 related
    Nontaxable benefits
    $0 + $11,574 related
    Filer's total
    $0 + $216,558 related

  • Michael Arceneaux

    DEPUTY EXECUTIVE DIRECTOR

    Total calculated
    $274,953
    From this org
    $0
    From related orgs
    $241,172
    Other
    $33,781
    Hours/week
    26 + 11.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $136,613 related
    Bonus
    $0 + $37,500 related
    Other
    $0 + $67,059 related
    Deferred
    $0 + $13,859 related
    Nontaxable benefits
    $0 + $19,922 related
    Filer's total
    $0 + $274,953 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
26 October 2023
IRS schema version
2022v5.0
Source object
202303179349300125

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