Ridge Utilities Inc

Organization Overview

Ridge Utilities Inc is located in Louisa, VA. The organization was established in 1999. 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 the central organization for a national or regional group of organizations. Ridge Utilities 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 12/2021, Ridge Utilities Inc generated $313.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $301.0k during the year ending 12/2021. While expenses have increased by 1.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE WATER SERVICES TO MEMBERS OF THE BLUE RIDGE PROPERTY OWNERS ASSOCIATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE WATER SERVICES TO MEMBERS OF THE BLUE RIDGE PROPERTY OWNERS ASSOCIATION


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Board, Officers & Key Employees

Name (title)Compensation
Al Fortune
President
$0
Stephen Tompkins
Treasurer
$0
Alex Maccormack
Vice Preside
$0
Molli Ellis
Secretary
$0
Curt Heidel
General Mana
$0
Eric Winfrey
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$299,761
Investment income $1,474
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $313,235

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