Scravel Hill Water Co-Op
- Assets
- $290.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, OR
- Founding
- 07/1967
- Data as of
- 12/2022
- EIN
- 93-6041555
Organization Overview
Scravel Hill Water Co-Op is located in Albany, OR. The organization was established in 1967. 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. Scravel Hill Water Co-Op 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 12/2022, Scravel Hill Water Co-Op generated $98.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $108.4k during the year ending 12/2022. While expenses have increased by 12.6% per year over the past 8 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
TO PROVIDE WATER SERVICES TO COOPERATIVE MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Montie Torgeson Director | 5 | $14,000 | |
Wendy Torgeson Secretary | 5 | $12,200 | |
Tim Acker Director | 1 | $0 | |
Lane Ecker President | 1 | $0 | |
Brad Leigh Director | 1 | $0 | |
Willy Rodrigues Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $98,514 |
| Membership dues | $0 |
| Investment income | $179 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,693 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $43,733 |
| Occupancy, rent, utilities, and maintenance | $38,619 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,085 |
| Total expenses | $108,437 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $198,416 |
| Other assets | $0 |
| Total assets | $290,110 |
| Total liabilities | $0 |
| Net assets or fund balances | $290,110 |
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