Lombard Loop Water Association
- Assets
- $62.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wapato, WA
- Founding
- 05/1945
- Data as of
- 12/2022
- EIN
- 91-0711528
Organization Overview
Lombard Loop Water Association is located in Wapato, WA. The organization was established in 1945. 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. Lombard Loop 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 12/2022, Lombard Loop Water Association generated $51.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $40.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 8 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
PROVIDED WATER TO ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Willis President | 1 | $0 | |
Joel Hughes Director | 1 | $0 | |
Robert Page Director | 1 | $0 | |
Marvin Estes Jr Director | 1 | $0 | |
Matthew Taylor Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $51,561 |
| Investment income | $32 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,593 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,450 |
| Professional fees and other payments to independent contractors | $385 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,801 |
| Total expenses | $40,636 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,755 |
| Other assets | $0 |
| Total assets | $62,755 |
| Total liabilities | $0 |
| Net assets or fund balances | $62,755 |
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