Stannards Water Inc
- Assets
- $262.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellsville, NY
- Founding
- 06/1993
- Data as of
- 12/2023
- EIN
- 16-1346734
Organization Overview
Stannards Water Inc is located in Wellsville, NY. The organization was established in 1993. 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. Stannards Water 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, Stannards Water Inc generated $80.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $64.6k during the year ending 12/2023. While expenses have increased by 0.5% per year over the past 5 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
WE SERVICE 206 HOUSES WITH CLEAN WATER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Regan President | 0.25 | $599 | |
Bryan Bohne Treasurer | 2 | $1,600 | |
Kevin Bennett Vice President | 0.25 | $599 | |
Daniel Hand Board Member | 1 | $700 | |
Debbie Rosemier Secretary | 0.25 | $500 | |
Jamie Herman Board Member | 0.25 | $400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,974 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,198 |
| Professional fees and other payments to independent contractors | $8,000 |
| Occupancy, rent, utilities, and maintenance | $25,915 |
| Printing, publications, postage, and shipping | $2,557 |
| Other expenses | $22,910 |
| Total expenses | $64,580 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $220,066 |
| Other assets | $0 |
| Total assets | $262,022 |
| Total liabilities | $0 |
| Net assets or fund balances | $262,022 |