Riverbend Riverbank Water Improvement District
- Assets
- $89.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hillsboro, OR
- Founding
- 06/1985
- Data as of
- 09/2023
- EIN
- 93-0843282
Organization Overview
Riverbend Riverbank Water Improvement District is located in Hillsboro, OR. The organization was established in 1985. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverbend Riverbank Water Improvement District 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 09/2023, Riverbend Riverbank Water Improvement District generated $68.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $64.2k during the year ending 09/2023. While expenses have increased by 6.1% 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
DISTRIBUTION OF WATER TO MEMBERS OF THE WATER IMPROVEMENT DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Chernus President, F | 6 | $0 | |
Justin Martin Vice Preside | 3 | $0 | |
Laureen Felton Assistant Se | 3 | $0 | |
Lynn Van Zandt Secretary-Tr | 3 | $0 | |
Jessica Hart Member At La | 3 | $0 | |
Patrick Hale Member At La | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $67,997 |
| Membership dues | $0 |
| Investment income | $70 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,067 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,806 |
| Professional fees and other payments to independent contractors | $9,763 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $344 |
| Other expenses | $37,288 |
| Total expenses | $64,201 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,517 |
| Other assets | $0 |
| Total assets | $89,266 |
| Total liabilities | $0 |
| Net assets or fund balances | $89,266 |