Newell-Warnock Water Association is located in Loveland, CO. The organization was established in 1988. 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. Newell-Warnock Water 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 08/2023, Newell-Warnock Water Association generated $51.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $71.4k during the year ending 08/2023. While expenses have increased by 6.4% 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
2023
Describe the Organization's Program Activity:
Part 3
THE CORPORATION PROVIDES DOMESTIC WATER SERVICES TO MEMBERS IN THE NEWELL-LAKEVIEW SUBDIVISIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Gale President | 0 | $0 | |
John Hughes Secretary | 0 | $0 | |
Gib Coalwell Member At Large | 0 | $0 | |
Jim Kapral Member At Large | 0 | $0 | |
Rex Berg Member At Large | 0 | $0 | |
Lisa Deforge Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $51,645 |
Investment income | $25 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $51,670 |
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 | $28,357 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $43,076 |
Total expenses | $71,433 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $128,427 |
Other assets | $0 |
Total assets | $165,325 |
Total liabilities | $0 |
Net assets or fund balances | $165,325 |