Beaver Drainage Improvement Company
- Assets
- $50.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clatskanie, OR
- Founding
- 09/1995
- Data as of
- 06/2023
- 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 06/2023, Beaver Drainage Improvement Company generated $142.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $167.2k during the year ending 06/2023. 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
PROVIDE DRAINAGE AND DIKING SERVICE TO LANDOWNERS PROTECTING OVER 5700 ACRES FROM FLOODING. OPERATING A PUMP STATION TO DRAIN SURFACE AND SUBSURFACE WATER. MAINTAIN A CASH RESERVE IN THE EVENT NATURAL DISASTER STRIKES SUCH AS A MAJOR FLOOD LEVY REPAIR AND OR PUMP REBUILD OR REPLACEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren Seely President Secretary Key Employee | 2 | $3,300 | |
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 | $140,202 |
| Investment income | $1,854 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $437 |
| Total Revenue | $142,493 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,852 |
| Professional fees and other payments to independent contractors | $121,954 |
| Occupancy, rent, utilities, and maintenance | $31,944 |
| Printing, publications, postage, and shipping | $578 |
| Other expenses | $8,905 |
| Total expenses | $167,233 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,528 |
| Other assets | $0 |
| Total assets | $50,528 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,528 |