Old River Water Co
- Assets
- $350.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fallon, NV
- Founding
- 01/2003
- Data as of
- 12/2023
- EIN
- 88-0168259
Organization Overview
Old River Water Co is located in Fallon, NV. The organization was established in 2003. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old River Water Co 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, Old River Water Co generated $103.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $102.3k during the year ending 12/2023. While expenses have increased by 3.9% 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
PROVIDE WATER TO SUBDIVISION FROM A COMMUNITY WELL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Hanson President | 4 | $1,559 | |
Terry Jones Member | 1 | $0 | |
Judy Northrup Member | 1 | $0 | |
Jerry Rickabugh Member | 1 | $0 | |
Ann Rapp Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $102,029 |
| Membership dues | $0 |
| Investment income | $351 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,155 |
| Total Revenue | $103,535 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,575 |
| Professional fees and other payments to independent contractors | $1,325 |
| Occupancy, rent, utilities, and maintenance | $13,893 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,524 |
| Total expenses | $102,317 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $280,516 |
| Other assets | $0 |
| Total assets | $350,949 |
| Total liabilities | $3,299 |
| Net assets or fund balances | $347,650 |