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 06/2024, Treasure State Acres Water Users Association generated $48.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $47.2k during the year ending 06/2024. While expenses have increased by 8.0% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION PROVIDED UNINTERRUPTED WATER SERVICE TO 191 HOMES, 5 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 | 4 | $0 | |
Walt Anderson Director | 0.5 | $0 | |
James Mcgrane Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $48,017 |
Membership dues | $0 |
Investment income | $620 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $48,637 |
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 | $6,685 |
Occupancy, rent, utilities, and maintenance | $34,982 |
Printing, publications, postage, and shipping | $1,393 |
Other expenses | $4,178 |
Total expenses | $47,238 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $347,692 |
Other assets | $0 |
Total assets | $406,112 |
Total liabilities | $7,845 |
Net assets or fund balances | $398,267 |