Riverbend Water And Sewer Co is located in New Castle, CO. The organization was established in 2011. 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. Riverbend Water And Sewer Co 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 12/2023, Riverbend Water And Sewer Co generated $91.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $79.7k during the year ending 12/2023. 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
PROVIDED DOMESTIC WATER SUPPLY AND SANITARY SEWAGE TREATMENT FOR OUR MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roger Pihl President | 2 | $0 | |
Jenna Collinge Secretary | 1 | $0 | |
Jeremiah Bjork Director | 1 | $0 | |
Steve Boat Director | 1 | $0 | |
Ed Bolling Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $90,219 |
Membership dues | $0 |
Investment income | $982 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $91,201 |
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 | $9,199 |
Occupancy, rent, utilities, and maintenance | $607 |
Printing, publications, postage, and shipping | $775 |
Other expenses | $69,144 |
Total expenses | $79,725 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $159,807 |
Other assets | $0 |
Total assets | $257,056 |
Total liabilities | $195,306 |
Net assets or fund balances | $61,750 |