NonprofitsRb Water Association

Public & Societal Benefit

Rb Water Association

SPOKANE, WA

Total revenue

$291K

Total expenses

$128K

Net assets

$1.3M

Grants received

EIN

461248810

Tax year

2024

Mission

Residential water utility providing service to members within a defined service area as assigned by Spokane County.

Programs

2 programs

Connection of new homesites to system and activation of new member service. Revenue comes from individual customer commitment fees, curbstop, activation, and installation fees. Expenses include labor, materials, and installation of vaults and meters, and initial testing needed to install meters, vaults, and curbstops at individual homesites.

Expanding water system to additional zones within the service area. Revenue includes commitment fees from developers. Non-capitalized costs incurred include consultant fees and permitting. Capitalized expenses, described in schedule D and expansion of the system to additional zones.

Financials

FY 2024

Revenue

Contributions & grants$17K
Program service revenue$253K
Investment income$21K
Other revenue
Total revenue$291K

Expenses

Grants paid
Salaries & benefits$5K
Fundraising
Other expenses$123K
Total expenses$128K
Total assets$1.4M
Net assets$1.3M

People

5 listed

NameRoleCompensation

David Dagget

Secretary

Board

3 hrs/wk

Brad Smith

Director

Board

0

Scott Engstrom

President

Board

3 hrs/wk

William Hoover

Treasurer

Board

0

Robert Schanke

Director

Board

0

Details

EIN461248810
NTEE codeW80
Subsection12
Ruling date2016-04
Formed2012
Employees1
Volunteers10
RB WATER ASSOCIATION — Mission, Financials & Grants Received | Grantivo