Mountain Springs Water Corporation is located in Sagle, ID. The organization was established in 1995. 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. Mountain Springs Water Corporation 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, Mountain Springs Water Corporation generated $124.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $87.2k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 2 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
MOUNTAIN SPRINGS WATER IS COMMITTED TO PROVIDING THE USERS WITH THE SAFEST, CLEAN DRINKING WATER.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald Lewis President | 10 | $9,403 | |
Austin Terrell Vice Preside | 2 | $3,599 | |
Jennifer Barba Secretary | 2 | $206 | |
Michelle Mancuso Treasurer | 8 | $11,261 | |
Scott Brown Director | 2 | $0 | |
Bob Gummerman Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $124,055 |
| Membership dues | $0 |
| Investment income | $553 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $124,608 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,881 |
| Professional fees and other payments to independent contractors | $911 |
| Occupancy, rent, utilities, and maintenance | $2,182 |
| Printing, publications, postage, and shipping | $292 |
| Other expenses | $42,891 |
| Total expenses | $87,157 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,232 |
| Other assets | $0 |
| Total assets | $146,471 |
| Total liabilities | $5,667 |
| Net assets or fund balances | $140,804 |