North Ridge Water Corporation Inc is located in Snohomish, WA. The organization was established in 1969. 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. North Ridge Water Corporation 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 12/2023, North Ridge Water Corporation Inc generated $43.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.7% each year . All expenses for the organization totaled $45.4k during the year ending 12/2023. While expenses have increased by 14.4% per year over the past 3 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
PROVIDED 45 HOUSEHOLDS WITH WATER DAILY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Cox President | 0.2 | $0 | |
Michael Blalock Vice President | 0.2 | $0 | |
Penelope Guntermann Secretary | 0.2 | $0 | |
Karen Manley Treasurer | 0.2 | $0 | |
Jesse Podell Director | 0.2 | $0 | |
Louise Poier Director | 0.2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,997 |
| Membership dues | $0 |
| Investment income | $2,028 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $33 |
| Total Revenue | $43,058 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,528 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $502 |
| Other expenses | $34,368 |
| Total expenses | $45,398 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,250 |
| Other assets | $0 |
| Total assets | $121,881 |
| Total liabilities | $0 |
| Net assets or fund balances | $121,881 |