Teton Cooperative Reservoir Co is located in Bynum, MT. The organization was established in 2008. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., 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. Teton Cooperative Reservoir Co 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 10/2023, Teton Cooperative Reservoir Co generated $35.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $38.0k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (13.6%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
WERE ABLE TO STORE WATER IN THE RESERVOIR AND DELIVER ALLOCATIONS TO MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Maltby President | 1 | $0 | |
Ross Kesler Vice-President | 0 | $0 | |
Joel Rouns Trustee | 0 | $0 | |
Mark Debruycker Trustee | 0 | $0 | |
Tom Lightner Trustee | 0 | $0 | |
Vicki Baker Secretary-Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $35,200 |
Investment income | $14 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $35,214 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $2,000 |
Professional fees and other payments to independent contractors | $8,000 |
Occupancy, rent, utilities, and maintenance | $6,674 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $21,370 |
Total expenses | $38,044 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $15,295 |
Other assets | $0 |
Total assets | $470,295 |
Total liabilities | $221,247 |
Net assets or fund balances | $249,048 |
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Teton Cooperative Reservoir Co Bynum, MT | $470,295 | $0 |
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