Schluter Water Association Inc is located in Snohomish, WA. The organization was established in 1954. 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. Schluter 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 03/2023, Schluter Water Association Inc generated $60.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $42.7k during the year ending 03/2023. 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
THE ASSOCIATION PROVIDES POTABLE WATER TO MEMBERS THROUGH ITS OWN SYSTEM OF DISTRIBUTION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis John President | 0 | $0 | |
Jeff Armstrong Vice President | 0 | $0 | |
Dennis John Secretarytreasurer | 0 | $0 | |
Dustan Bunt Alternate Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $59,867 |
| Investment income | $274 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,141 |
| 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 | $14,593 |
| Occupancy, rent, utilities, and maintenance | $6,937 |
| Printing, publications, postage, and shipping | $359 |
| Other expenses | $20,788 |
| Total expenses | $42,677 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $139,413 |
| Other assets | $0 |
| Total assets | $139,413 |
| Total liabilities | $48,207 |
| Net assets or fund balances | $91,206 |