American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund
American Water Works Group Insurance Fund: Stable Operations, Limited Public Information
EIN: 222471827 · Camden, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $279.1M |
| Total Expenses | $135.7M |
| Program Spending | 95% |
| Net Assets | $9.8M |
| Transparency Score | 60/100 |
Is American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund (EIN: 222471827) is a nonprofit organization based in Camden, NJ. The organization reported total revenue of $279.1M and total assets of $112.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund is a major nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $142.1M |
| Total Expenses | $135.7M |
| Surplus / Deficit | +$6.4M |
| Total Assets | $16.7M |
| Total Liabilities | $6.9M |
| Net Assets | $9.8M |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 41.4% |
| Months of Reserves | 1.5 months |
Financial Health Grade: A
In 2022, American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund reported a surplus of $6.4M with revenue exceeding expenses, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 41.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2010–2022), American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -0.6% | -1.3% | +62.1% |
| 2021 | +6.5% | +4.7% | +107.9% |
| 2020 | +6.7% | +3.6% | +124.3% |
| 2019 | +8.9% | +8.4% | -7.5% |
| 2018 | +2.5% | +5.0% | -15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.4%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided financial data, which is typical for an employee benefit fund where administrative costs are often embedded or managed by the sponsoring corporation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund's IRS 990 filings:
- Lack of detailed program descriptions or public impact reports, which is unusual for a typical nonprofit.
- The 'nonprofit type' is listed as '?', indicating ambiguity in its classification or public understanding of its mission.
- The organization's primary purpose seems to be internal to American Water Works, potentially limiting its broader public benefit.
Strengths
The following positive indicators were identified for American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund:
- Consistent revenue streams and expense management over multiple years, indicating financial stability.
- Low administrative overhead relative to total expenses, suggesting efficient operation of the fund.
- The fund's existence likely provides a valuable benefit to the employees of American Water Works.
Frequently Asked Questions about American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund
Is American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund a legitimate charity?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund (EIN: 222471827) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $279.1M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund spend its money?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund tax-deductible?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund is registered as a tax-exempt nonprofit (EIN: 222471827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund located?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund is headquartered in Camden, New Jersey and files with the IRS under EIN 222471827.
How many years of IRS 990 filings does American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund have?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $279.1M in total revenue.
What does American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund do?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund is a nonprofit organization in the Unknown sector, located in Camden, New Jersey. It is classified under NTEE code Unknown.
How much revenue does American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund have?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund reported total revenue of $279,084,237. Based on 13 IRS 990 filings on record.
What are American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund's total assets?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund holds total assets of $112,248,657 as reported in IRS 990 filings.
Where is American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund located?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund is based in Camden, New Jersey.
What is American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund's EIN?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund's Employer Identification Number (EIN) is 222471827. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund is classified under NTEE code Unknown (Unknown).
Is American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund a registered 501(c)(3)?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund appears in IRS records (EIN: 222471827). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund file IRS Form 990?
Yes, American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund has 13 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund's revenue in 2022?
In the 202212 filing period, American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund reported total revenue of $142,099,462, total expenses of $135,707,290, and net assets of $16,687,059.
Is American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund's revenue growing or declining?
American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund's revenue is relatively stable. Revenue went from $142,887,675 (202112) to $142,099,462 (202212), a -0.6% change. Based on 13 filings on record.
What is American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund's most recent 990 filing?
The most recent IRS Form 990 filing for American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund covers tax period 202212. It shows revenue of $142,099,462, expenses of $135,707,290, total assets of $16,687,059, and liabilities of $6,906,580.
How much does American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund spend on programs vs administration?
Based on IRS 990 analysis, American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund allocates approximately 95% of expenses to program services, 5% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund?
The following concerns were identified: Lack of detailed program descriptions or public impact reports, which is unusual for a typical nonprofit.. The 'nonprofit type' is listed as '?', indicating ambiguity in its classification or public understanding of its mission.. The organization's primary purpose seems to be internal to American Water Works, potentially limiting its broader public benefit.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund's strengths?
Positive indicators for American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund include: Consistent revenue streams and expense management over multiple years, indicating financial stability.. Low administrative overhead relative to total expenses, suggesting efficient operation of the fund.. The fund's existence likely provides a valuable benefit to the employees of American Water Works.. These findings are derived from AI analysis of the organization's financial filings.
How does American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund compensate executives?
Executive compensation is not explicitly detailed in the provided financial data, which is typical for an employee benefit fund where administrative costs are often embedded or managed by the sponsoring corporation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given its structure as an insurance fund for a specific corporation, how does this entity align with the broader definition and expectations of a 'nonprofit' organization?
While legally structured as a nonprofit, its operational model as an employee benefit fund for a single corporation deviates from the typical public-serving mission of many nonprofits. Its 'nonprofit' status likely relates to tax exemptions for the fund's operations rather than a broad charitable purpose.
What are the implications of the 'c0%' value across all years in the financial data?
The 'c0%' likely refers to 'contributions' or 'charitable contributions received.' A consistent 0% suggests that the fund is primarily sustained by internal transfers or premiums from American Water Works and its employees, rather than public donations or grants, reinforcing its internal benefit fund nature.
Filing History
IRS 990 filing history for American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund's revenue has grown by 55.9%, moving from $91.2M to $142.1M. Total assets decreased by 7.5% over the same period, from $18.0M to $16.7M. Total functional expenses rose by 41.7%, from $95.8M to $135.7M. In its most recent filing year (2022), American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund reported a surplus of $6.4M, with revenue exceeding expenses. The organization holds $6.9M in liabilities against $16.7M in assets (debt-to-asset ratio: 41.4%), resulting in net assets of $9.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $142.1M | $135.7M | $16.7M | $6.9M | — | View 990 |
| 2021 | $142.9M | $137.5M | $10.3M | $9.5M | — | View 990 |
| 2020 | $134.1M | $131.4M | $5.0M | $9.0M | — | View 990 |
| 2019 | $125.8M | $126.8M | $2.2M | $8.9M | — | — |
| 2018 | $115.5M | $117.0M | $2.4M | $8.1M | — | View 990 |
| 2017 | $112.7M | $111.5M | $2.8M | $7.0M | — | View 990 |
| 2016 | $102.1M | $102.5M | $708K | $6.1M | — | View 990 |
| 2015 | $87.1M | $106.8M | $487K | $5.5M | — | View 990 |
| 2014 | $83.5M | $87.5M | $23.5M | $8.8M | — | View 990 |
| 2013 | $89.1M | $87.2M | $28.1M | $9.4M | — | View 990 |
| 2012 | $89.7M | $88.7M | $26.6M | $9.9M | — | View 990 |
| 2011 | $102.0M | $90.7M | $28.6M | $13.0M | — | View 990 |
| 2010 | $91.2M | $95.8M | $18.0M | $13.7M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $142.1M, expenses of $135.7M, and assets of $16.7M (revenue -0.6% year-over-year).
- 2021: Revenue of $142.9M, expenses of $137.5M, and assets of $10.3M (revenue +6.5% year-over-year).
- 2020: Revenue of $134.1M, expenses of $131.4M, and assets of $5.0M (revenue +6.7% year-over-year).
- 2019: Revenue of $125.8M, expenses of $126.8M, and assets of $2.2M (revenue +8.9% year-over-year).
- 2018: Revenue of $115.5M, expenses of $117.0M, and assets of $2.4M (revenue +2.5% year-over-year).
- 2017: Revenue of $112.7M, expenses of $111.5M, and assets of $2.8M (revenue +10.3% year-over-year).
- 2016: Revenue of $102.1M, expenses of $102.5M, and assets of $708K (revenue +17.3% year-over-year).
- 2015: Revenue of $87.1M, expenses of $106.8M, and assets of $487K (revenue +4.3% year-over-year).
- 2014: Revenue of $83.5M, expenses of $87.5M, and assets of $23.5M (revenue -6.3% year-over-year).
- 2013: Revenue of $89.1M, expenses of $87.2M, and assets of $28.1M (revenue -0.7% year-over-year).
- 2012: Revenue of $89.7M, expenses of $88.7M, and assets of $26.6M (revenue -12.0% year-over-year).
- 2011: Revenue of $102.0M, expenses of $90.7M, and assets of $28.6M (revenue +11.9% year-over-year).
- 2010: Revenue of $91.2M, expenses of $95.8M, and assets of $18.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund:
Data Sources and Methodology
This transparency report for American Water Works Co Inc And Its Desgntd Subsid Affl Grp Insur Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.