Minnesota Water Well Assoc
- Assets
- $98.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westerville, OH
- Founding
- 05/1965
- Data as of
- 03/2024
- EIN
- 41-6043971
Organization Overview
Minnesota Water Well Assoc is located in Westerville, OH. The organization was established in 1965. 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. Minnesota Water Well Assoc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 03/2024, Minnesota Water Well Assoc generated $117.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $120.7k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 5 years. 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
2024
Describe the Organization's Program Activity:
Part 3
PROTECT GROUNDWATER THROUGH CONTINUING EDUCATION AND SEMINARS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Fideldy Past President | 2 | $0 | |
Jeff Thron President | 2 | $0 | |
Chad Hasskamp President Elect | 2 | $0 | |
Don Mckeever Vice President | 2 | $0 | |
Nick Keys Secretary Treasurer | 2 | $0 | |
Dave Schulenberg Executive Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,827 |
| Total Program Service Revenue | $62,205 |
| Membership dues | $38,015 |
| Investment income | $6,055 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,758 |
| Total Revenue | $117,860 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,747 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $59,981 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6,185 |
| Other expenses | $52,754 |
| Total expenses | $120,667 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,313 |
| Other assets | $0 |
| Total assets | $98,640 |
| Total liabilities | $10,682 |
| Net assets or fund balances | $87,958 |