2025-11-12T12:52:55-05:00 2024-12-31 460387944 KMWF & ASSOCIATES PC PO BOX 165 DELL RAPIDS SD 570220165 990 2024-01-01 460318665 MINNEHAHA COMMUNITY WATER CORP MINN 6059105870 47381 248TH ST DELL RAPIDS SD 57022 LLOYD RAVE PRESIDENT 6059105870 2025-11-12 false KIRBY FITZGERALD P01888174 6054285694 2025-11-12 2024 2025-03-06 01:10:19Z SCOTT BUSS 47381 248TH ST DELL RAPIDS SD 57022 9086118 false X WWW.MINNEHAHACOMMUNITYWATER.COM X 1973 SD PROVIDE WATER SERVICE FOR USE AND BENEFIT OF ITS MEMBERS 7 7 16 0 0 7682842 8562416 155362 252427 198010 233713 8036214 9048556 0 0 1326872 1504332 0 0 3420330 3960846 4747202 5465178 3289012 3583378 49563461 56584391 8956018 12419382 40607443 44165009 PROVIDE WATER SERVICE FOR USE AND BENEFIT OF ITS MEMBERS false false DISTRIBUTION OF WATER TO MINNEHAHA COUNTY RESIDENTS false false false false false false false false false true false false true true false false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 18 0 true 16 true false false false false false 8562416 486140 false false false X 7 7 false false false false true true true true true false false false true true true false false true false false X TANYA SCHMIDT 6059105870 47381 248TH ST DELL RAPIDS SD 57022 LLOYD RAVE PRESIDENT 2.00 2.00 X X 4800 1250 0 RODNEY VANDER VLIET VICE-PRESIDE 0.50 0.50 X X 4300 900 0 PAUL HENTGES SECRETARY 0.50 X X 2750 0 0 BRIAN HOWE TREASURER 0.50 X X 3800 0 0 DAVID HOWARD DIRECTOR 0.25 0.25 X 3000 1125 0 KEN SIEVERDING DIRECTOR 0.25 X 3000 0 0 DAVID STEARNS DIRECTOR 0.25 0.25 X 3500 1125 0 SCOTT BUSS EXECUTIVE DI 35.00 5.00 X 163997 0 53965 189147 4400 53965 1 false true false WINTER CONTRACTING LLC 305 5TH ST BROOKINGS SD 57006 CONSTRUCTION 3080046 BANNER ASSOCIATES 409 22ND AVE S BROOKINGS SD 57006 ENGINEERING 182403 K & W COATINGS LLC 21764 EAGLE AVE ELKADER IA 52043 CONSTRUCTION 107610 MIDWEST BORING LLC 25635 487TH AVENUE GARRETSON SD 57030 CONSTRUCTION 105677 4 METERED SALES TO CUSTOMERS 8500876 8500876 OTHER WATER REVENUE 29695 29695 SERVICE REVENUES-CUSTOMER FEE 27245 27245 GOOD INTENTION FEES 4600 4600 8562416 242735 242735 9565 9565 9565 9565 9692 9692 9692 9692 88208 37562 50646 50646 MISCELLANEOUS 169997 169997 CO-BANK PATRONAGE DIVIDEND 3505 3505 173502 9048556 69903 8978653 243112 773305 232643 176626 78646 32334 14400 35802 4588 199033 1087147 66402 SOURCE OF SUPPLY 1027520 WATER TREATMENT 452215 TRANSMISSION & DISTRIBUTI 362050 PUMPING 278698 400657 5465178 0 0 0 1097926 2027795 5046 5073 179718 181694 899650 849156 187470 128443 66353357 26996545 36470229 39356812 4674921 9704644 6048501 4330774 49563461 56584391 345079 407732 7654542 11064063 956397 947587 8956018 12419382 X 40607443 44165009 40607443 44165009 49563461 56584391 X 3583378 131699 -157511 X false true X true true true 417154 417154 65936203 26996545 38939658 39356812 INVESTMENT IN LEWIS & CLARK 4157988 INVESTMENT IN SHARED RESOURCES INC 172786 4330774 MEMBERS' ADVANCES FOR CONSTRUCTION 938570 OTHER DEFERRED CREDITS 9017 947587 false false false SCOTT BUSS EXECUTIVE DIRECTOR 163997 31055 22910 217962 FORM 990, PAGE 6, PART VI, LINE 6 THE MEMBERS OF MINNEHAHA COMMUNITY WATER CORPORATION ARE THE QUALIFIED WATER USERS AT EACH SERVICE CONNECTION. THERE SHALL BE TWO CLASSES OF MEMBERSHIP. ONE CLASS OF MEMBERSHIP SHALL BE COMPRISED OF PERSONS AND CORPORATIONS. ANOTHER CLASS OF MEMBERSHIP SHALL BE COMPRISED OF POLITICAL SUBDIVISIONS, INCLUDING THE STATE AND ALL SUBDIVISIONS OF GOVERNMENT THEREUNDER. NO MEMBERS OF MINNEHAHA COMMUNITY WATER CORPORATION SHALL BE ENTITLED TO MORE THAN ONE VOTE AT MEETINGS OF THE MEMBERS REGARDLESS OF THE NUMBER OF SERVICE CONNECTIONS HELD BY THE MEMBER. A MEMBER WHO IS A CORPORATION OR POLITICAL SUBDIVISION MAY DESIGNATE A PERSON TO CAST ITS VOTE AT A MEETING OF THE MEMBERS AND SHALL NOTIFY MINNEHAHA COMMUNITY WATER CORPORATION OF THAT DESIGNEE IN WRITING PRIOR TO ANY MEETING AT WHICH SUCH VOTE SHALL BE CAST. FORM 990, PAGE 6, PART VI, LINE 7A VOTING ON MEMBERS FOR OFFICE AT ANNUAL MEETING FORM 990, PAGE 6, PART VI, LINE 7B ANY BUSINESS CONDUCTED AT THE ANNUAL MEETING, SUCH AS APPROVING THE AUDITORS REPORT AND READING OF THE PRIOR MINUTES. FORM 990, PAGE 6, PART VI, LINE 11B REVIEWED BY EXECUTIVE DIRECTOR AND OFFICE MANAGER FORM 990, PAGE 6, PART VI, LINE 12C MINNEHAHA COMMUNITY WATER CORPORATION'S CONFLICT OF INTEREST POLICY APPLIES TO ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. A PERSON HAS A FINANCIAL INTEREST IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT, OR FAMILY, AN OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH MINNEHAHA COMMUNITY WATER CORPORATION HAS A TRANSACTION OR AGREEMENT; A COMPENSATION ARRANGEMENT WITH MINNEHAHA COMMUNITY WATER CORPORATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH MINNEHAHA COMMUNITY WATER CORPORATION HAS A TRANSACTION OR ARRANGMENT; OR A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRAGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH MINNEHAHA COMMUNITY WATER COPORATION IS NEGOTIATING A TRANSACTION OR ARRAGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHICH THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING DISCUSSION OF, AND VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE HALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRAGEMENT IS IN MINNEHAHA COMMUNITY WATER CORPORATION'S BEST INTEREST. TO ENSURE MINNEHAHA COMMUNITY WATER OPERATES IN A MANNER CONSISTENT WITH ITS PURPOSE, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE WHETHER COMPENSATION ARRAGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARMS-LENGTH BARGAINING. IT WILL ALSO REVIEW WHETH PARTNERSHIPS, JOINT VENTURES, AND ARRAGEMENTS WITH MANAGEMENT CONFORM TO MINNEHAHA COMMUNITY WATER CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENT FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. WHEN CONDUCTING THE PERIODIC REVIEWS, MINNEHAHA COMMUNITY WATER CORPORATION MAY, BUT NEED NOT, USE OUTSIDE ADVISORS. IF OUTSIDE EXPERTS ARE USED, THEIR USE SHALL NOT RELIEVE THE GOVERNING BOARD OF ITS RESPONSIBILITY FOR ENSURING PERIODIC REVIEWS ARE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 15A DONE BY THE EXECUTIVE DIRECTOR FORM 990, PAGE 6, PART VI, LINE 19 THEY ARE ON FILE AT THE CORPORATE OFFICE AND COPIES ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 ADD MEMBERS INVESTMENT IN WATER RIGHTS 100,800 ADD MEMBERS CONTRIBUTION FOR CONSTRUCTION 206,509 LESS CONSTRUCTION AMORTIZATION -464,820 TOTAL -157,511 SHARED RESOURCES INC 47381 248TH STREET DELL RAPIDS SD 57022 873999581 UTILITIES SD 501C12 MINNEHAHA true false true false false false false false false false false false true false false false false true false false SHARED RESOURCES INC B 496939 CASH PAID SHARED RESOURCES INC L 27125 CASH RECEIVED SHARED RESOURCES INC Q 2077711 CASH RECEIVED