Bonita Creek Water Company is located in Payson, AZ. 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. Bonita Creek Water Company 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, Bonita Creek Water Company generated $173.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $81.0k during the year ending 12/2023. While expenses have increased by 15.9% per year over the past 3 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 BONITA CREEK WATER COMPANY PUMPS DIRECTLY FROM BONITA CREEK IN GILA COUNTY, ARIZONA. PUMPING EQUIPMENT IS INSTALLED, TOGETHER WITH FILTRATION AND PURIFICATION EQUIPMENT, STORED AND DELIVERED THROUGH UNDERGROUND PIPELINES TO 62 RESIDENTS OF THE BONITA CREEK COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bryan Staley President | 1 | $0 | |
Brian Knapp Secretary | 1 | $0 | |
Derek Olson Treasurer | 1 | $0 | |
Rick Balentine Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $116,557 |
Total Program Service Revenue | $0 |
Membership dues | $57,172 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $34 |
Total Revenue | $173,763 |
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 | $20,437 |
Occupancy, rent, utilities, and maintenance | $35,756 |
Printing, publications, postage, and shipping | $216 |
Other expenses | $24,606 |
Total expenses | $81,015 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $50,240 |
Other assets | $0 |
Total assets | $227,513 |
Total liabilities | $56,021 |
Net assets or fund balances | $171,492 |