SeeBITDAOklahoma

Oklahoma Rural Water Association

Federal contractor
Reported revenueReported figures
$7.5M
$7.2Mlikely range$7.9M
Revenue
$7.5M
a year
Profit (EBITDA)
$2.0M
26% of revenue
Employees
25
reported in 2021
Leadership
Owner not found yet
We haven't found the owner in public records
  • Jimmy Seago
    Ceo · Form 990
  • Carly Cordell
    Deputy Ceo · Form 990
  • Arvil Morgan
    President · Form 990
  • Dennis Meyers
    Vice President · Form 990
  • Darren Hughes
    Treasurer · Form 990
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $7.5M

Based on IRS Form 990 (2025).

Reported revenue, IRS Form 990 (2025)$7.5M
× 26% profit margin$2.0M

· Own this business? Correct these figures

What we know

PPP loan, 2021
401(k) filing, 2025
Reported financials
Company website
Owner not found
Trucking registration (FMCSA)
Federal contracts

Customers & suppliers

Customers

  • Indian Health Service · federal contracts $105K

Employees over time

▲ 12% since 2021
025502020202120222023202420252528
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2021PPP loan25$6.3M$1.7M
2020Form 550023$5.8M$1.5M
2021Form 550029$7.3M$1.9M
2022Form 550030$7.5M$2.0M
2023Form 550032$8.0M$2.1M
2024Form 550033$8.3M$2.2M
2025Form 550028$7.0M$1.9M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
OKLAHOMA RURAL WATER ASSOCIATION
this business
$7.5M$2.0M—
TRACY BOCQUIN, LLC
Oklahoma City · 1 employees
$323K$137K1.6 mi
BAR OSTERIA LLC
Oklahoma City · 46 employees
$16.6M$4.4M1.9 mi
THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC
Oklahoma City · 11 employees
$3.7M$1.1M2.3 mi
AMERICAN CHORAL DIRECTORS ASSOCIATION
Oklahoma City · 13 employees
$5.6M$1.5M2.6 mi
OKLAHOMA DENTAL ASSOCIATION
Oklahoma City · 7 employees
$1.2M$379K2.6 mi
OKLAHOMA COUNTRY BAR ASSOCIATION
Oklahoma City · 3 employees
$480K$203K2.9 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.

Revenue range$7.2M – $7.9M
EBITDA range$1.9M – $2.1M
Industry (NAICS)Business Associations (813910)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Advisors

  • AccountingArledge & Associates PCPrepared its Form 990
  • BankingBancFirstPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

BancFirst
PPP 2021
All 7,048 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
2/5/2021first$386K$391K25BancFirst

Public records

IRS Form 990
Nonprofit
Revenue (2025)$7.5M
Assets$10.1M
Tax-exempt since1977
Federal contracts
USAspending.gov
Total, recent years$139K
FY2026$56K
FY2025$39K
FY2024$-34K
FY2022$44K
DOT motor carrier
USDOT 3478058
Trucks (power units)2
Drivers1
Miles (2020)28,500
Registered with DOT2020

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Oklahoma Rural Water Association

Oklahoma Rural Water Association is a churches & nonprofits company in Oklahoma City, Oklahoma, in business since 2020. Its reported annual revenue is about $7.5M, with roughly $2.0M of EBITDA. It has about 28 employees.

Common questions

Who owns Oklahoma Rural Water Association?
The owner of Oklahoma Rural Water Association isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Oklahoma Rural Water Association make?
Oklahoma Rural Water Association reported revenue of about $7.5M.
How many employees does Oklahoma Rural Water Association have?
About 28, from its 2025 retirement-plan filing.
When was Oklahoma Rural Water Association founded?
Oklahoma Rural Water Association has been in business since 2020.