Thunder Hills Utilities Association
- Assets
- $165.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Peosta, IA
- Founding
- 01/1976
- Data as of
- 08/2022
- EIN
- 51-0204066
Organization Overview
Thunder Hills Utilities Association is located in Peosta, IA. The organization was established in 1976. 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. Thunder Hills Utilities 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 08/2022, Thunder Hills Utilities Association generated $57.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $35.5k during the year ending 08/2022. While expenses have increased by 0.1% 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
PROVIDE POTABLE WATER TO 103 HOUSEHOLDS FROM A WELL; MAINTAIN THE PUMPHOUSE AND WATER LINES; CONTRACT FOR RUBBISH COLLECTION AND RECYCLING SERVICE TO MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue White Secretary | 6 | $2,175 | |
John Greenwood Director | 2 | $0 | |
Todd Burds Vice President | 2 | $0 | |
Robert Mcquillen Treasurer | 2 | $0 | |
Cody Burger Director | 2 | $0 | |
William Jantsch Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $44,693 |
| Membership dues | $11,950 |
| Investment income | $829 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,472 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,175 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,294 |
| Total expenses | $35,469 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,120 |
| Other assets | $0 |
| Total assets | $165,120 |
| Total liabilities | $0 |
| Net assets or fund balances | $165,120 |
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Howard Electric Cooperative Fayette, MO | $26,616,692 | $7,850,430 |