Venado Lakes-Argyll Water Association is located in Delavan, IL. The organization was established in 1982. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Venado Lakes-Argyll Water Association is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2023, Venado Lakes-Argyll Water Association generated $46.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $44.3k during the year ending 12/2023. While expenses have increased by 0.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDEPOTABLEWATERSERVICETO86HOMESINTWORURALSUBDIVISIONS.WEEMPLOYANILLICENSEDWATEROPERATORTOMAINTAIN,TESTANDCOMPLYWITHILEPASTANDARDS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Wright President | 1.5 | $0 | |
Todd Arrenholz Vice President | 1 | $0 | |
Katie Dalpoas Secretary | 1.5 | $0 | |
Sandra Kincaid Treasurer | 5 | $1,532 | |
Steve Epley Director | 1 | $0 | |
Wayne Eckhardt Dierctor | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $46,460 |
| Investment income | $428 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,888 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,238 |
| Professional fees and other payments to independent contractors | $8,547 |
| Occupancy, rent, utilities, and maintenance | $17,013 |
| Printing, publications, postage, and shipping | $522 |
| Other expenses | $0 |
| Total expenses | $44,320 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,571 |
| Other assets | $0 |
| Total assets | $68,571 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,571 |