Apple Valley Co-Operative is located in Menoken, ND. The organization was established in 1977. 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. Apple Valley Co-Operative 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, Apple Valley Co-Operative generated $90.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $99.6k during the year ending 12/2023. 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
PROVIDE WATER WASTEWATER SERVICES TO MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lyle Larson Board Member | 2 | $0 | |
Ray Hegle Vice-President | 2 | $0 | |
Glenda Anderson Secretary/treasurer | 8 | $0 | |
Ryan Nelson President | 2 | $0 | |
Larry Magstadt Board Member | 2 | $0 | |
Ryan Nelson President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $89,907 |
Investment income | $394 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $245 |
Total Revenue | $90,546 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $14,548 |
Professional fees and other payments to independent contractors | $1,195 |
Occupancy, rent, utilities, and maintenance | $63,273 |
Printing, publications, postage, and shipping | $53 |
Other expenses | $20,562 |
Total expenses | $99,631 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $88,600 |
Other assets | $0 |
Total assets | $116,131 |
Total liabilities | $0 |
Net assets or fund balances | $116,131 |