Fernhill Community Water System
- Assets
- $229.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Astoria, OR
- Founding
- 06/1975
- Data as of
- 12/2023
- EIN
- 93-0474888
Organization Overview
Fernhill Community Water System is located in Astoria, OR. The organization was established in 1975. 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. Fernhill Community Water System 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, Fernhill Community Water System generated $89.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $93.1k during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 9 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 ORGANIZATION MET ITS ONGOING PURPOSE TO PROVIDE SAFE AND CLEAN DRINKING WATER TO THE FERNHILL COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Cassens Board Member | 0 | $0 | |
Darcy Carr Board Member | 0 | $0 | |
Brian Crouter Board Member | 2 | $10,190 | |
John Webb Chairman | 1 | $0 | |
Richard North Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $89,852 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,852 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,537 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $78,554 |
| Total expenses | $93,091 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,533 |
| Other assets | $0 |
| Total assets | $229,834 |
| Total liabilities | $1,066 |
| Net assets or fund balances | $228,768 |