Broadwater-Missouri
- Assets
- $752.9k
- Revenue
- $264.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Townsend, MT
- Founding
- 04/2011
- Data as of
- 10/2021
- EIN
- 81-0234678
Organization Overview
Broadwater-Missouri is located in Townsend, MT. 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. As of 10/2021, Broadwater-Missouri employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broadwater-Missouri 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 10/2021, Broadwater-Missouri generated $264.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $175.8k during the year ending 10/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WATER USERS ASSOCIATION THAT MAINTAINS AND OPERATES AN IRRIGATION SYSTEM FOR THE USE AND BENEFIT OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BROADWATER-MISSOURI WATER USERS ASSOCIATION OPERATES AS A MUTUAL DITCH/IRRIGATION COMPANY WITHIN PROVISIONS OF THE STATUTES OF THE STATE OF MONTANA. THE ORGANIZATION OPERATES TO APPROPRIATE, PURCHASE, MARKET, SELL, PUMP, DIVERT, DEVELOP, FURNISH, DISTRIBUTE, LEASE AND DISPOSE OF THE WATERS OF THE MISSOURI RIVER AND ITS TRIBUTARIES DIVERTED BY A DIVERSION DAM AND CANAL LOCATED IN BROADWATER COUNTY, MONTANA
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlotte Lewis Secretary | Officer | 28 | $21,403 |
Mark Ehlke Vice-President | OfficerTrustee | 1 | $0 |
Daniel Davis President | OfficerTrustee | 1 | $0 |
Leonard Lambott Director | Trustee | 1 | $0 |
Warren Flynn Director | Trustee | 1 | $0 |
Andy Bruce Director | Trustee | 1 | $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 | $260,356 |
| Investment income | $4,315 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $264,671 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $21,403 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,889 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $986 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $71,130 |
| Advertising and promotion | $0 |
| Office expenses | $13,126 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,166 |
| Insurance | $9,165 |
| All other expenses | $0 |
| Total functional expenses | $175,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $255,875 |
| Savings and temporary cash investments | $441,816 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $55,172 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $752,863 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $752,863 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $752,863 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southeastern Electric Cooperative Inc Marion, SD | $202,199,401 | $71,615,783 |
Dakota Valley Electric Cooperative Inc Edgeley, ND | $148,670,720 | $58,630,686 |
Norval Electric Cooperative Inc Glasgow, MT | $29,266,137 | $7,862,591 |
Twin Lakes Canal Co Weston, ID | $9,845,222 | $667,778 |
Joint Well Field Inc Toronto, SD | $2,543,710 | $758,352 |
Eastern Snake Plain Aquifer Recharge Blackfoot, ID | $168,571 | $262,109 |
Broadwater-Missouri Townsend, MT | $752,863 | $264,671 |
United Canal Company Blackfoot, ID | $346,241 | $0 |
Old Baldy Water & Sewer Company Saratoga, WY | $195,308 | $139,668 |
Nine Mile Water And Sewer District Laramie, WY | $236,634 | $117,831 |
Teton Co-Op Canal Co Choteau, MT | $225,251 | $0 |
Conroy Building Association Casper, WY | $37,549 | $0 |