Water Service Inc
- Assets
- $345.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Trout Creek, MT
- Founding
- 11/1994
- Data as of
- 12/2023
- EIN
- 81-0455969
Organization Overview
Water Service Inc is located in Trout Creek, MT. The organization was established in 1994. 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. Water Service 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 12/2023, Water Service Inc generated $69.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $50.8k during the year ending 12/2023. While expenses have increased by 14.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Cooper President | 10 | $0 | |
James Stonehocker Vice President And Operator | 2 | $0 | |
Elizabeth Glacken Director | 0.5 | $0 | |
Lori R Cooper Secretary Treasurer | 4 | $5,150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $42,229 |
| Membership dues | $0 |
| Investment income | $1,074 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $25,903 |
| Total Revenue | $69,206 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,150 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $14,287 |
| Printing, publications, postage, and shipping | $2,202 |
| Other expenses | $13,585 |
| Total expenses | $50,784 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $292,732 |
| Other assets | $0 |
| Total assets | $345,877 |
| Total liabilities | $4,979 |
| Net assets or fund balances | $340,898 |