Water Service Inc
- Assets
- $327.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Trout Creek, MT
- Founding
- 11/1994
- Data as of
- 12/2022
- EIN
- 81-0455969
Organization Overview
Water Service Inc is located in Trout Creek, MT. The organization was established in 1994. 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. Water Service Inc 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 12/2022, Water Service Inc generated $40.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $34.4k during the year ending 12/2022. While expenses have increased by 3.3% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori R Cooper Secretary Treasurer | 3 | $3,960 | |
Douglas A Cooper President | 4 | $0 | |
James Stonehocker Vice-President And Operator | 2 | $0 | |
Elizabeth Glackin Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,395 |
| Membership dues | $0 |
| Investment income | $227 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $128 |
| Total Revenue | $40,750 |
| 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 | $3,960 |
| Occupancy, rent, utilities, and maintenance | $7,039 |
| Printing, publications, postage, and shipping | $1,373 |
| Other expenses | $11,437 |
| Total expenses | $34,434 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $265,981 |
| Other assets | $0 |
| Total assets | $327,395 |
| Total liabilities | $4,919 |
| Net assets or fund balances | $322,476 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mccone Electric Co-Op Inc Circle, MT | $37,856,748 | $10,690,087 |
Beartooth Electric Cooperative Inc Red Lodge, MT | $19,770,927 | $9,512,257 |
Clay-Union Electric Corporation Vermillion, SD | $38,295,961 | $9,060,805 |
Rosebud Electric Cooperative Inc Gregory, SD | $32,506,970 | $8,797,386 |
Rushmore Electric Power Cooperative Inc Rapid City, SD | $66,615,714 | $7,530,453 |
Big Horn County Electric Cooperative Inc Hardin, MT | $18,794,081 | $8,393,907 |
Cam Wal Electric Cooperative Inc Selby, SD | $28,154,586 | $7,408,612 |
Idaho County Light & Power Cooperative Association Inc Highwa Grangeville, ID | $19,684,328 | $7,493,307 |
Butte Electric Cooperative Inc Newell, SD | $66,049,241 | $8,524,779 |
Marias River Electric Cooperative Inc Shelby, MT | $18,173,914 | $7,549,069 |
Salmon River Electric Cooperative Inc Challis, ID | $19,095,369 | $7,043,358 |
Southeast Electric Cooperative Inc Ekalaka, MT | $22,253,929 | $7,030,153 |