Twin River Rural Water Corp
- Assets
- $111.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Harrison, OH
- Founding
- 07/1986
- Data as of
- 12/2022
- EIN
- 31-1065790
Organization Overview
Twin River Rural Water Corp is located in Harrison, OH. The organization was established in 1986. 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. Twin River Rural Water Corp 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, Twin River Rural Water Corp generated $51.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $46.0k during the year ending 12/2022. While expenses have increased by 4.4% 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
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peggy Westerfeld Secretary | 0 | $0 | |
Nancy Benight Vice President | 0 | $0 | |
Shawn Reed President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $51,273 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,285 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,480 |
| Professional fees and other payments to independent contractors | $545 |
| Occupancy, rent, utilities, and maintenance | $3,777 |
| Printing, publications, postage, and shipping | $998 |
| Other expenses | $28,160 |
| Total expenses | $45,960 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,802 |
| Other assets | $0 |
| Total assets | $111,802 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,802 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Warren Electric Cooperative Inc Youngsville, PA | $26,381,433 | $10,468,215 |
Western Water Co Morrow, OH | $38,480,189 | $10,960,579 |
Sullivan County Rural Electric Cooperative Inc Forksville, PA | $24,524,984 | $10,662,179 |
New Enterprise Rural Electric Cooperative Inc New Enterprise, PA | $5,292,225 | $8,515,711 |
Ross County Water Company Inc Chillicothe, OH | $54,265,918 | $9,457,635 |
Ohio Utilities Protection Service North Jackson, OH | $11,764,827 | $8,177,252 |
Roamingwood Sewer And Water Association Lake Ariel, PA | $89,401,367 | $6,374,079 |
Logan County Cooperative Power And Light Association Inc Bellefontaine, OH | $43,169,461 | $6,563,043 |
Newton County Rural Electric Membership Corporation Goodland, IN | $10,973,742 | $7,247,740 |
Licking Rural Electrification Inc Newark, OH | $28,412,140 | $6,746,380 |
Scioto Water Inc Franklin Furnace, OH | $32,802,209 | $5,867,476 |
Miss Dig System Inc Gladstone, MI | $8,318,972 | $6,228,034 |