Roosevelt Water Association Inc

Organization Overview

Roosevelt Water Association Inc is located in Snohomish, WA. The organization was established in 1966. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Roosevelt Water Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roosevelt 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 12/2021, Roosevelt Water Association Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 10.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OPERATION, MAINTENANCE AND IMPROVEMENT OF A SYSTEM PROVIDING POTABLE WATER TO ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION, MAINTENANCE AND IMPROVEMENT OF A SYSTEM PROVIDING POTABLE WATER TO ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Janelle Macdicken
Manager And Secretary
$89,046
John Olsen
President
$0
Dwight Nelson
Vice President
$0
Orville Pearl
Treasurer
$0
Jim Mcdaniel
Trustee
$0
Jason Bowen
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,192,473
Investment income $28,479
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,220,952

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