Kersey Well Users Association
- Assets
- $320.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kersey, CO
- Founding
- 06/1991
- Data as of
- 03/2022
- EIN
- 84-0922806
Organization Overview
Kersey Well Users Association is located in Kersey, CO. The organization was established in 1991. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kersey Well 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 03/2022, Kersey Well Users Association generated $10.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $9.2k during the year ending 03/2022. While expenses have increased by 2.9% 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
CONTINUE THE ABILITY TO IRRIGATE LAWNS AND GARDENS THRU THE USE OF DOMESTIC WELLS FOR 94 MEMBERS WITHIN THE TOWN OF KERSEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Seyler Treasurer | 1 | $2,000 | |
Roberta Smith President | 1 | $1,000 | |
David Popham Director | 1 | $1,000 | |
Jack Hill Director | 1 | $100 | |
Nathan Roth Director | 1 | $100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,471 |
| Investment income | $52 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,523 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,200 |
| Professional fees and other payments to independent contractors | $1,923 |
| Occupancy, rent, utilities, and maintenance | $300 |
| Printing, publications, postage, and shipping | $58 |
| Other expenses | $2,693 |
| Total expenses | $9,174 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,483 |
| Other assets | $0 |
| Total assets | $320,483 |
| Total liabilities | $0 |
| Net assets or fund balances | $320,483 |
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