Cut Bank North Glacier County Water & Sewer District
- Assets
- $420.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cut Bank, MT
- Founding
- 09/1989
- Data as of
- 12/2023
- EIN
- 81-0368494
Organization Overview
Cut Bank North Glacier County Water & Sewer District is located in Cut Bank, MT. The organization was established in 1989. 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. Cut Bank North Glacier County Water & Sewer District 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, Cut Bank North Glacier County Water & Sewer District generated $151.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $151.6k during the year ending 12/2023. While expenses have increased by 6.7% per year over the past 9 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
WATER PURCHASED FROM CUT BANK AND SOLD TO RURAL MEMBERS ALONG WITH DEVELOPMENT OF SEWER SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale Vermulm President | 1 | $0 | |
Jimmy Littrell Director | 1 | $0 | |
Rodney Peterson Treasurer | 1 | $0 | |
Neil Jr Johnson Vice President | 1 | $0 | |
Roger Vermulm Director | 1 | $0 | |
Karla Harvie Secretary | 5 | $7,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $146,235 |
| Membership dues | $0 |
| Investment income | $5,399 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,634 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,614 |
| Professional fees and other payments to independent contractors | $3,069 |
| Occupancy, rent, utilities, and maintenance | $18,321 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $119,600 |
| Total expenses | $151,604 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $401,741 |
| Other assets | $0 |
| Total assets | $420,261 |
| Total liabilities | $304 |
| Net assets or fund balances | $419,957 |