Valley Ford Water Association Inc
- Assets
- $2.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Valley Ford, CA
- Founding
- 08/2011
- Data as of
- 12/2016
- EIN
- 45-1086437
Organization Overview
Valley Ford Water Association Inc is located in Valley Ford, CA. The organization was established in 2011. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Ford Water Association 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 12/2016, Valley Ford Water Association Inc generated $164.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $171.7k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (20.3%) per year over the past 2 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
2016
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION MAINTAINS THE WATER SUPPLY AND PROVIDES WATER TO ITS SHAREHOLDERS. WATER SERVICE FEES ARE CHARGED TO SHAREHOLDERS BASED ON WATER USAGE. THE ASSOCIATION RECEIVED CALIFORNIA STATE GRANT MONIES TO FUND A FEASIBILITY STUDY, WHICH INCLUDES ENGINEERING DESIGN, TO RESOLVE WATER QUALITY ISSUES. IN 2015 THE ASSOCIATION RECEIVED A USE PERMIT AND COASTAL PERMIT FOR A NEW WELL SITE AND RELATED WATER-UTILITY INFRASTRUCTURE ON PORTIONS OF FIVE PARCELS TO SERVE EXISTING CONNECTIONS OF THE VALLEY FORD COMMUNITY WATER SYSTEM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Avery President | 1 | $0 | |
Brandon Guenther Vice President | 1 | $0 | |
Sandra Nicholls Treasurer | 1 | $0 | |
Karen Bianchi Secretary | 1 | $0 | |
Connie Hallon Member | 1 | $0 | |
Don Wagner Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,816 |
| Total Program Service Revenue | $28,670 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $164,486 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $161,321 |
| Occupancy, rent, utilities, and maintenance | $5,740 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,613 |
| Total expenses | $171,674 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,236 |
| Other assets | $0 |
| Total assets | $2,236 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,236 |