Wes Linn Water Company
- Assets
- $92.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corvallis, OR
- Founding
- 10/2004
- Data as of
- 12/2022
- EIN
- 93-0850382
Organization Overview
Wes Linn Water Company is located in Corvallis, OR. The organization was established in 2004. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wes Linn Water Company 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, Wes Linn Water Company generated $34.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $36.7k during the year ending 12/2022. While expenses have increased by 6.1% 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
WATER DISTRICT IS OUTSIDE AVAILABLE CITY WATER, WATER DISTRICT MAINTAINS WELL AND WATER DELIVERY SYSTEM TO PROVIDE CLEAN WATER TO 60 RESIDENCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Alderman President | 2 | $0 | |
Dan Lashley Secretary | 2 | $0 | |
Cliff Anderton Fiscal Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $34,778 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,788 |
| 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 | $3,566 |
| Occupancy, rent, utilities, and maintenance | $21,402 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,692 |
| Total expenses | $36,660 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,338 |
| Other assets | $0 |
| Total assets | $92,253 |
| Total liabilities | $1,169 |
| Net assets or fund balances | $91,084 |