Kingvale Property Owners & Water Users Inc
- Assets
- $167.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Soda Springs, CA
- Founding
- 09/1962
- Data as of
- 06/2022
- EIN
- 94-1510805
Organization Overview
Kingvale Property Owners & Water Users Inc is located in Soda Springs, CA. The organization was established in 1962. 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. Kingvale Property Owners & Water Users Inc 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 06/2022, Kingvale Property Owners & Water Users Inc generated $86.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $139.2k during the year ending 06/2022. 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
FURNISHING WATER TO RESIDENTS AND FIRE DISTRICT ACCESS HYDRANTS. APPROXIMATELY 84 HOMES SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Mcbane CFO | 10 | $0 | |
Jeff Twedt Director | 5 | $0 | |
Lee Neher CEO | 10 | $0 | |
Andris Dimits Director | 0 | $0 | |
Margaret Shellada Director | 5 | $0 | |
Rick Degette Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $86,353 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,353 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,921 |
| Professional fees and other payments to independent contractors | $3,274 |
| Occupancy, rent, utilities, and maintenance | $121,398 |
| Printing, publications, postage, and shipping | $1,033 |
| Other expenses | $7,583 |
| Total expenses | $139,209 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,648 |
| Other assets | $0 |
| Total assets | $167,697 |
| Total liabilities | $0 |
| Net assets or fund balances | $167,697 |
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