Wes Linn Water Company
- Assets
- $94.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corvallis, OR
- Founding
- 10/2004
- Data as of
- 12/2021
- EIN
- 93-0850382
Organization Overview
Wes Linn Water Company is located in Corvallis, OR. The organization was established in 2004. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wes Linn Water Company 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 12/2021, Wes Linn Water Company generated $35.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $34.3k during the year ending 12/2021. While expenses have increased by 6.0% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
WATER DISTRICT IS OUTSIDE AVAILABLE CITY WATER, WATER DISTRICT MAINTAINS WELL AND WATER DELIVERY SYSTEM TO PROVIDE CLEAN WATER TO 60 RESIDENCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Alderman President | 2 | $0 | |
Dan Lashley Secretary | 2 | $0 | |
Cliff Anderton Fiscal Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $35,231 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,239 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $980 |
| Professional fees and other payments to independent contractors | $3,089 |
| Occupancy, rent, utilities, and maintenance | $16,754 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,512 |
| Total expenses | $34,335 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,796 |
| Other assets | $0 |
| Total assets | $94,431 |
| Total liabilities | $1,475 |
| Net assets or fund balances | $92,956 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arroyo Pasajero Mutual Water Company Bakersfield, CA | $489,398 | $3,517,119 |
Mil Potrero Mutual Water Co Frazier Park, CA | $4,033,045 | $1,610,491 |
California Rural Water Rma Sacramento, CA | $496,053 | $1,637,541 |
California Carbon Capture Coalition San Rafael, CA | $0 | $525,296 |
Howell Mountain Mutual Water Company Angwin, CA | $2,512,114 | $706,971 |
Rochester Water Association Rochester, WA | $1,363,067 | $644,458 |
Twin Lakes Canal Co Weston, ID | $9,845,222 | $667,778 |
Little Potato Slough Mutual Water Company Lodi, CA | $658,705 | $587,385 |
Barlow Water District Tygh Valley, OR | $2,492,884 | $420,965 |
Santa Cruz Summit West Inc Los Gatos, CA | $256,457 | $436,619 |
Sundale Mutual Water Co Lancaster, CA | $3,548,986 | $500,545 |
Trout Gulch Mutual Water Company Aptos, CA | $2,759,038 | $357,460 |