Lakeview Water Users Incorporated

Organization Overview

Lakeview Water Users Incorporated is located in Lakeview, OR. The organization was established in 1939. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 11/2021, Lakeview Water Users Incorporated employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeview Water Users Incorporated 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 11/2021, Lakeview Water Users Incorporated generated $294.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $267.5k during the year ending 11/2021. While expenses have increased by 1.8% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ACQUIRE WATER RIGHTS AND DEVELOP RESOURCES FOR THE BENEFIT OF IT'S USERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ACHIEVE THE MISSION AND PROVIDE WATER RESOURES TO IT'S 123 MEMBERS, THE ORGANIZATION HAS WATER STORAGE AND DISTRIBUTION SYSTEMS. ANNUAL O&M ASSESSEMENT ARE LEVIED ON MEMBERS. THE ANNUAL ASSESSMENT PROVIDE FUNDS FOR THE OPERATION AND MAINTANCE OF THE DISTRIBUTION SYSTEM. SYSTEM MAINTANCE ALLOWS THE ORGANIZTION TO PROVIDE IRRGATION WATER TO IT'S MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Jack Vernon
President
$0
Gary Mcmanas
V President
$0
Pete Talbot
Sec/treas
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$255,199
Investment income $659
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $294,849

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