Schluter Water Association Inc is located in Snohomish, WA. The organization was established in 1954. 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. Schluter Water 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 03/2022, Schluter Water Association Inc generated $78.2k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $41.9k during the year ending 03/2022. 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
THE ASSOCIATION PROVIDES POTABLE WATER TO MEMBERS THROUGH ITS OWN SYSTEM OF DISTRIBUTION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis John Secretarytreasurer | 0 | $0 | |
Jeff Armstrong Vice President | 0 | $0 | |
Dustan Bunt Alternate Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $77,874 |
Investment income | $339 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $78,213 |
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 | $14,339 |
Occupancy, rent, utilities, and maintenance | $6,062 |
Printing, publications, postage, and shipping | $319 |
Other expenses | $21,158 |
Total expenses | $41,878 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $129,922 |
Other assets | $0 |
Total assets | $129,922 |
Total liabilities | $55,292 |
Net assets or fund balances | $74,630 |
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