Treasure State Acres Water Users Association is located in Helena, MT. The organization was established in 1987. 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. Treasure State Acres Water Users 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 06/2022, Treasure State Acres Water Users Association generated $41.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $38.9k during the year ending 06/2022. While expenses have increased by 4.8% 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
THE ASSOCIATION PROVIDED UNINTERRUPTED WATER SERVICE TO 191 HOMES, 4 BUSINESSES AND 1 CHURCH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Neil Sullivan President | 1 | $0 | |
Culver Varnado Vice-President | 0.5 | $0 | |
Robert Much Secretary/treasurer | 2 | $0 | |
James Mcgrane Director | 0.5 | $0 | |
Walt Anderson Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $41,436 |
Membership dues | $0 |
Investment income | $498 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $41,934 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $29,066 |
Occupancy, rent, utilities, and maintenance | $8,186 |
Printing, publications, postage, and shipping | $542 |
Other expenses | $1,059 |
Total expenses | $38,853 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $352,397 |
Other assets | $0 |
Total assets | $410,817 |
Total liabilities | $6,395 |
Net assets or fund balances | $404,422 |
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