Venado Lakes-Argyll Water Association is located in Delavan, IL. The organization was established in 1982. 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. Venado Lakes-Argyll Water Association 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, Venado Lakes-Argyll Water Association generated $41.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $45.1k during the year ending 12/2022. While expenses have increased by 0.7% per year over the past 7 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
PROVIDEPOTABLEWATERSERVICETO86HOMESINTWORURALSUBDIVISIONS.WEEMPLOYANILLICENSEDWATEROPERATORTOMAINTAIN,TESTANDCOMPLYWITHILEPASTANDARDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Kincaid Water Operator | 20 | $15,659 | |
Sandra Kincaid Treasurer | 5 | $1,488 | |
Roger Wright President | 1.5 | $0 | |
Todd Arrenholz Vice President | 1 | $0 | |
Chad Houston Secretary | 1.5 | $0 | |
Wayne Eckhardt Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $41,660 |
Investment income | $62 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $41,722 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $19,748 |
Professional fees and other payments to independent contractors | $10,198 |
Occupancy, rent, utilities, and maintenance | $13,866 |
Printing, publications, postage, and shipping | $424 |
Other expenses | $880 |
Total expenses | $45,116 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $61,003 |
Other assets | $0 |
Total assets | $66,003 |
Total liabilities | $0 |
Net assets or fund balances | $66,003 |
Organization Name | Assets | Revenue |
---|---|---|
Western Illinois Electrical Coop Carthage, IL | $25,735,291 | $9,998,239 |
Taylor Electric Cooperative Medford, WI | $26,668,317 | $9,925,424 |
Grundy County Rural Electric Cooperative Grundy Center, IA | $25,480,735 | $9,712,208 |
Woodbury Co Rural Electric Cooperative Moville, IA | $29,447,926 | $9,801,005 |
Franklin Rural Electric Coop Hampton, IA | $19,806,688 | $8,127,748 |
Richland Electric Cooperative Richland Center, WI | $27,318,323 | $8,213,321 |
Howard Electric Cooperative Fayette, MO | $26,616,692 | $7,850,430 |
Pella Cooperative Electric Association Pella, IA | $28,046,134 | $7,320,362 |
Association Of Illinois Electric Cooperatives Springfield, IL | $4,402,865 | $7,211,170 |
Clay Electric Cooperative Inc Flora, IL | $20,856,382 | $7,990,658 |
Osceola Electric Cooperative Inc Sibley, IA | $18,189,667 | $7,106,487 |
Newton County Rural Electric Membership Corporation Goodland, IN | $10,973,742 | $7,247,740 |