Beaver Drainage Improvement Company
- Assets
- $75.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clatskanie, OR
- Founding
- 09/1995
- Data as of
- 06/2022
- EIN
- 93-1146109
Organization Overview
Beaver Drainage Improvement Company is located in Clatskanie, OR. The organization was established in 1995. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beaver Drainage Improvement Company is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, Beaver Drainage Improvement Company generated $142.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $245.3k during the year ending 06/2022. While expenses have increased by 22.6% 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDEDRAINAGEANDDIKINGSERVICETOLANDOWNERSPROTECTINGOVER5700ACRESFROMFLOODING.OPERATINGAPUMPSTATIONTODRAINSURFACEANDSUBSURFACEWATER.MAINTAINACASHRESERVEINTHEEVENTNATURALDISASTERSTRIKES,SUCHASAMAJORFLOOD,LEVYREPAIR,AND ORPUMPREBUILDORREPLACEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren Seely President Secretary Key Employee | 2 | $3,000 | |
Truett Stolzenberg Treasurer | 0 | $0 | |
Timothy Keranen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $141,396 |
| Investment income | $683 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $437 |
| Total Revenue | $142,516 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,553 |
| Professional fees and other payments to independent contractors | $83,194 |
| Occupancy, rent, utilities, and maintenance | $150,839 |
| Printing, publications, postage, and shipping | $543 |
| Other expenses | $7,219 |
| Total expenses | $245,348 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,268 |
| Other assets | $0 |
| Total assets | $75,268 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,268 |
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