Sand Road Water Line Association
- Assets
- $15.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vergennes, VT
- Founding
- Data as of
- 06/2022
- EIN
- 82-2172186
Organization Overview
Sand Road Water Line Association is located in Vergennes, VT. 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. Sand Road Water Line 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, Sand Road Water Line Association generated $277.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (48.7%) each year. All expenses for the organization totaled $76.0 during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (50.9%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATING, MANAGING, MAINTAINING, REPAIRING, RESTORING AND REPLACING ALL OR ANY PORTIONS OF THE PRIVATELY OWNED WATER LINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Galuszka Director | 1 | $0 | |
Sally Torrey Director | 1 | $0 | |
Charlie Langworthy Director | 1 | $0 | |
Joseph Fortune Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $277 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $277 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $76 |
| Other expenses | $0 |
| Total expenses | $76 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,572 |
| Other assets | $0 |
| Total assets | $15,572 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,572 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delaware County Electric Cooperative Inc Delhi, NY | $31,160,673 | $9,563,968 |
Washington Electric Co-Operative Inc East Montpelier, VT | $65,071,467 | $7,723,306 |
Citizens Energy Corp Boston, MA | $91,449,217 | $4,368,479 |
Oneida-Madison Electric Cooperative Inc Bouckville, NY | $7,515,717 | $2,856,346 |
Boston Community Access & Programming Foundation Inc Roxbury, MA | $7,302,849 | $3,314,790 |
Northeast Public Power Association Littleton, MA | $3,141,643 | $2,606,605 |
Independent Power Producers Of New York Inc Albany, NY | $2,361,660 | $1,877,380 |
New England Power Generators Association Inc Westborough, MA | $833,586 | $1,566,455 |
New England States Committee On Electricity Osterville, MA | $2,009,182 | $1,423,476 |
Municipal Electric Utilities Association Of Ny State East Syracuse, NY | $1,298,935 | $1,167,387 |
Utility Contractors Association Of New England Inc Quincy, MA | $2,709,773 | $1,139,323 |
Public Utility Law Project Of New York Inc Albany, NY | $1,214,995 | $1,270,224 |