Cut Bank North Glacier County Water & Sewer District is located in Cut Bank, MT. The organization was established in 1989. 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. Cut Bank North Glacier County Water & Sewer District 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, Cut Bank North Glacier County Water & Sewer District generated $186.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $137.1k during the year ending 12/2021. While expenses have increased by 7.1% 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
2021
Describe the Organization's Program Activity:
Part 3
WATER PURCHASED FROM CUT BANK AND SOLD TO RURAL MEMBERS ALONG WITH DEVELOPMENT OF SEWER SYSTEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shelley Larson Secretary | 5 | $6,000 | |
Dale Vermulm President | 1 | $0 | |
Jimmy Littrell Director | 1 | $0 | |
Rodney Peterson Treasurer | 1 | $0 | |
Neil Jr Johnson Vice President | 1 | $0 | |
Roger Vermulm Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $169,433 |
Membership dues | $0 |
Investment income | $16,761 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $186,194 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $9,054 |
Professional fees and other payments to independent contractors | $4,351 |
Occupancy, rent, utilities, and maintenance | $5,945 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $117,725 |
Total expenses | $137,075 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $383,918 |
Other assets | $0 |
Total assets | $424,957 |
Total liabilities | $187 |
Net assets or fund balances | $424,770 |
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