Loomis Water Users Association Inc is located in Loomis, WA. The organization was established in 1965. 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. Loomis Water Users Association Inc 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 05/2024, Loomis Water Users Association Inc generated $37.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $26.5k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (3.5%) 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
2024
Describe the Organization's Program Activity:
Part 3
DISTRIBUTION OD WATER DURING THE TAX YEAR THE ORGANIZATION PROVIDED WATER TO 85 FULL-TIME USERS 10 HALF-TIME AND 23 METERS ONLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keith Vandeman President | 1 | $0 | |
Dan Miller Vice President | 1 | $0 | |
Loren Wahl Director | 1 | $0 | |
Mike Bones Dirctor | 1 | $0 | |
Art Sable Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $28,372 |
Membership dues | $0 |
Investment income | $9,430 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $37,802 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $9,350 |
Professional fees and other payments to independent contractors | $975 |
Occupancy, rent, utilities, and maintenance | $8,663 |
Printing, publications, postage, and shipping | $474 |
Other expenses | $7,008 |
Total expenses | $26,470 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $237,385 |
Other assets | $0 |
Total assets | $237,385 |
Total liabilities | $101,579 |
Net assets or fund balances | $135,806 |