Cloverdale Ridge Water Corporation is located in Meridian, ID. The organization was established in 1977. 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. Cloverdale Ridge Water Corporation 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, Cloverdale Ridge Water Corporation generated $72.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $69.3k during the year ending 12/2023. While expenses have increased by 0.2% 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
COMMUNITY WATER CORPORATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leroy Kerby President | 1 | $0 | |
Jay Dobbel Vice President | 1 | $0 | |
John Lawson Secretary | 1 | $0 | |
Austin Silsby Treasurer | 1 | $0 | |
Josh Ray Board Member | 1 | $0 | |
Mike Apostolou Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $72,362 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $72,362 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $7,500 |
Professional fees and other payments to independent contractors | $4,633 |
Occupancy, rent, utilities, and maintenance | $52,220 |
Printing, publications, postage, and shipping | $130 |
Other expenses | $4,811 |
Total expenses | $69,294 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $85,324 |
Other assets | $0 |
Total assets | $174,748 |
Total liabilities | $53,621 |
Net assets or fund balances | $121,127 |