Weiler-Martin Tracts Water Association Inc is located in Quincy, WA. The organization was established in 1951. 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. Weiler-Martin Tracts Water Association 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 12/2022, Weiler-Martin Tracts Water Association Inc generated $102.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $94.0k during the year ending 12/2022. While expenses have increased by 2.1% 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
2022
Describe the Organization's Program Activity:
Part 3
MAINTAIN FACILITIES IN ORDER TO PROVIDE WATER TO OVER 300 PEOPLE LIVING IN THE SOUTHWEST SECTION OF QUINCY WASHINGTON.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Graaff President | 0.25 | $0 | |
Warren Beckemeier Vice President | 0.25 | $0 | |
Heidi Manly Secretary | 5 | $7,992 | |
Paul Worley Water Master | 5 | $5,200 | |
Ed Knebel Governor | 0.25 | $0 | |
Carl Worley Governor | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $101,874 |
| Membership dues | $0 |
| Investment income | $66 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $109 |
| Total Revenue | $102,049 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,389 |
| Professional fees and other payments to independent contractors | $1,696 |
| Occupancy, rent, utilities, and maintenance | $38,182 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,770 |
| Total expenses | $94,037 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,715 |
| Other assets | $0 |
| Total assets | $373,950 |
| Total liabilities | $0 |
| Net assets or fund balances | $373,950 |