Kersey Well Users Association is located in Kersey, CO. The organization was established in 1991. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kersey Well Users 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 03/2023, Kersey Well Users Association generated $9.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $9.7k during the year ending 03/2023. While expenses have increased by 3.3% per year over the past 8 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
CONTINUE THE ABILITY TO IRRIGATE LAWNS AND GARDENS THRU THE USE OF DOMESTIC WELLS FOR 94 MEMBERS WITHIN THE TOWN OF KERSEY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roberta Smith President | 1 | $1,000 | |
Mike Seyler Treasurer | 1 | $2,000 | |
David Popham Director | 1 | $1,000 | |
Mary Fox Director | 1 | $2,000 | |
Nathan Roth Director | 1 | $100 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $9,340 |
| Investment income | $591 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,931 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,100 |
| Professional fees and other payments to independent contractors | $1,127 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,489 |
| Total expenses | $9,716 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,698 |
| Other assets | $0 |
| Total assets | $320,698 |
| Total liabilities | $0 |
| Net assets or fund balances | $320,698 |