Windwood Water System Inc
- Assets
- $119.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Galesburg, IL
- Founding
- 08/1987
- Data as of
- 12/2022
- EIN
- 37-1187896
Organization Overview
Windwood Water System Inc is located in Galesburg, IL. The organization was established in 1987. 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. Windwood Water System Inc 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 12/2022, Windwood Water System Inc generated $51.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $43.1k during the year ending 12/2022. While expenses have increased by 1.1% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE WATER DISTRIBUTION SERVICES TO RESIDENTS IN THE WESTPORT SUBDIVISION LOCATED IN KNOX COUNTY, ILLINOIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betty Nelson President | 0.5 | $0 | |
David Olin Vice-Preside | 0.25 | $0 | |
Christine Shannon Treasurer | 1.5 | $915 | |
Cindy Bainter Secretary | 1.5 | $1,292 | |
Lee Johnson Director | 0.25 | $0 | |
Joshua Kramer Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $51,039 |
| Membership dues | $0 |
| Investment income | $75 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $22 |
| Total Revenue | $51,136 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,207 |
| Professional fees and other payments to independent contractors | $7,211 |
| Occupancy, rent, utilities, and maintenance | $22,801 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,864 |
| Total expenses | $43,083 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,005 |
| Other assets | $0 |
| Total assets | $119,076 |
| Total liabilities | $26,316 |
| Net assets or fund balances | $92,760 |