Civic Intelligence

Billings Bench Water Association

990 • Fiscal year 2020 • EIN 81-0111485

Dec 01, 2019 to Nov 30, 2020 • Filed on Jan 18, 2021

Organization ProfileN/A
PO Box 50150Billings, MT 59105

(406) 259-6241

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

41st percentile

0.16x

Higher debt load relative to assets than 41% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

39th percentile

0.51x

Higher debt load relative to revenue than 39% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2020

Net Margin

71st percentile

17%

Higher net margin than 71% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

88th percentile

$33,620

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2020

Asset Growth

70th percentile

3.8%

Faster asset growth than 70% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

22%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$2,770,530

Up $102,498 (+3.8%) from 2019

Net Assets

Up

$2,316,775

Up $148,278 (+6.8%) from 2019

Liabilities

Down

$453,755

Down $45,780 (-9.2%) from 2019

Revenue And Expenses
Liabilities / Revenue39th percentileNet Margin71st percentile

Revenue

Up

$897,011

Up $164,396 (+22%) from 2019

Expenses

Up

$748,933

Up $54,853 (+7.9%) from 2019

Net Income

Up

$148,078

Up $109,543 (+284%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,376,454Liabilities 2010: $581,384Net Assets 2010: $1,795,0702010Assets 2011: $2,413,714Liabilities 2011: $561,739Net Assets 2011: $1,851,9752011Assets 2012: $2,327,719Liabilities 2012: $531,387Net Assets 2012: $1,796,3322012Assets 2013: $2,586,692Liabilities 2013: $782,465Net Assets 2013: $1,804,2272013Assets 2014: $2,512,861Liabilities 2014: $742,145Net Assets 2014: $1,770,7162014Assets 2015: $2,525,678Liabilities 2015: $689,028Net Assets 2015: $1,836,6502015Assets 2016: $2,547,520Liabilities 2016: $792,341Net Assets 2016: $1,755,1792016Assets 2017: $2,567,641Liabilities 2017: $590,031Net Assets 2017: $1,977,6102017Assets 2018: $2,671,557Liabilities 2018: $541,595Net Assets 2018: $2,129,9622018Assets 2019: $2,668,032Liabilities 2019: $499,535Net Assets 2019: $2,168,4972019Assets 2020: $2,770,530Liabilities 2020: $453,755Net Assets 2020: $2,316,7752020Assets 2021: $2,817,696Liabilities 2021: $408,109Net Assets 2021: $2,409,5872021Assets 2022: $3,371,511Liabilities 2022: $842,776Net Assets 2022: $2,528,7352022Assets 2023: $3,334,467Liabilities 2023: $701,103Net Assets 2023: $2,633,3642023Assets 2024: $3,790,505Liabilities 2024: $661,104Net Assets 2024: $3,129,4012024Assets 2025: $3,771,025Liabilities 2025: $579,563Net Assets 2025: $3,191,4622025

Highlighted filing

2020

Assets$2,770,530
Liabilities$453,755
Net Assets$2,316,775
Open 2020 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $521,1102010Revenue 2011: $518,531Expenses 2011: $462,426Net Income 2011: $56,1052011Revenue 2012: $512,397Expenses 2012: $570,040Net Income 2012: -$57,6432012Expenses 2013: $553,1012013Revenue 2014: $541,079Expenses 2014: $575,990Net Income 2014: -$34,9112014Revenue 2015: $592,405Expenses 2015: $530,071Net Income 2015: $62,3342015Revenue 2016: $678,797Expenses 2016: $764,668Net Income 2016: -$85,8712016Revenue 2017: $715,796Expenses 2017: $512,965Net Income 2017: $202,8312017Revenue 2018: $748,867Expenses 2018: $596,715Net Income 2018: $152,1522018Revenue 2019: $732,615Expenses 2019: $694,080Net Income 2019: $38,5352019Revenue 2020: $897,011Expenses 2020: $748,933Net Income 2020: $148,0782020Revenue 2021: $784,650Expenses 2021: $692,038Net Income 2021: $92,6122021Revenue 2022: $783,285Expenses 2022: $664,137Net Income 2022: $119,1482022Revenue 2023: $772,556Expenses 2023: $667,927Net Income 2023: $104,6292023Revenue 2024: $1,599,149Expenses 2024: $1,103,712Net Income 2024: $495,4372024Revenue 2025: $900,854Expenses 2025: $878,293Net Income 2025: $22,5612025

Highlighted filing

2020

Revenue$897,011
Expenses$748,933
Net Income$148,078
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2019 to Nov 30, 2020
Signed
Jan 18, 2021
Return Version
2019v5.1
Gross Receipts
$897,011
Mission and Program Overview

Mission

To acquire title to an irrigation system and its water rights to provide for future water irrigation through a canal network for the benefit of its members located in south central montana.

Billings bench water association is a non-profit organization incorporated under the laws of the state of montana on september 15, 1915 to acquire title to an irrigation system and its water rights and to provide for future water irrigation through a canal network for the benfit of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,376,842$2,569,790▲ $192,948
Rtn Earn Endowment Incm Other Fnds$1,828,487$1,976,885▲ $148,398
Pd in Cap Srpls Land Bldg Eqp Fund$340,010$339,890▼ $120
Savings and Temporary Cash Investments$133,529$148,842▲ $15,313
Cash and Non-Interest-Bearing Accounts$29,360$22,530▼ $6,830
Prepaid Expenses and Deferred Charges$19,500$19,900▲ $400
Accounts Receivable$108,501$9,168▼ $99,333
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,668,032$2,770,530▲ $102,498
Other Assets Total$300$300→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$474,619$431,010▼ $43,609
Accounts Payable and Accrued Expenses$24,916$22,745▼ $2,171
Total Liabilities$499,535$453,755▼ $45,780
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,168,497$2,316,775▲ $148,278
Total Liabilities and Net Assets / Fund Balance$2,668,032$2,770,530▲ $102,498

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,472,904$513,238$2,986,142
Equipment$58,203$445,982$504,185
Buildings$32,305$105,812$138,117
Land$6,378-$6,378
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kristina FrancoSecretary-treasurerFT$33,620$33,620
Jim StottPresident / Fmr Director-$1,900$1,900
Gary DavisDirector / Fmr PresidentPT$1,600$1,600
Tom PlathVice PresidentPT$1,250$1,250
Dan QuanbeckDirector-$600$600
Josh SmithDirector-$450$450
Tim HeidemaDirector-$400$400
Jim HinkleDirector-$350$350

Highest Paid Contractors

ContractorServicesLocationCompensation
Donnes INCDirt Work5807 FREY ROAD, Shepherd, MT 59079$302,824
Revenue and Support

Revenue Composition

Contributions and Grants
$195,176
Program Service Revenue
$655,716
Investment Income
$348
Other Revenue
$45,771
Change in Net Assets
$148,078

Audited Revenue Reconciliation

Revenue per Audited Statements
$897,011
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$897,011
Total Revenue per Form 990
$897,011
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$505,656
Salaries, Compensation, and Employee Benefits$243,277
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$179,423--$179,423
Depreciation Depletion$72,374--$72,374
Insurance$43,015--$43,015
Current Officers, Directors, Trustees, and Key Employees-$40,170-$40,170
Payroll Taxes$19,946$3,738-$23,684
Interest$22,828--$22,828
All Other Expenses$8,488$3,264-$11,752
Other Expenses$8,870$1,842-$8,870
Occupancy-$7,455-$7,455
Office Expenses-$7,337-$7,337
Fees for Services Accounting-$5,500-$5,500
Fees for Services Legal-$1,820-$1,820
Fees for Services Other$1,200--$1,200
Total Functional Expenses$677,807$71,126$0$748,933

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$748,933
Total Expenses per Audited Statements$748,933
Total Expenses per Form 990$748,933
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The association has 1,108 members at november 30, 2020.”

Form 990, Part VI, Section A, Line 7A

“The membership elects four board of directors at the annual meeting held in february of each year. One director is elected at large to serve a one year term and three directors are elected to serve a two year term.”

Form 990, Part VI, Section A, Line 7B

“All bylaw changes recommended by the board of directors are approved and ratified by the majority of membership at the association annual meeting.”

Form 990, Part VI, Section B, Line 11B

“Form 990 is reviewed and approved by the secretary-treasurer, the board president and vice president prior to its filing.”

Form 990, Part VI, Section B, Line 15

“Annually the board of directors set the salary and wages of the secretary-treasurer (office manager) and the line superintendent and ditch riders.”

Form 990, Part VI, Section C, Line 19

“All governing documents, policies, financial reports and form 990 are available upon request at the association headquarter office. In addition each new member is provided with a copy of the association bylaws. Also the statement of financial condition is sent out yearly to all members in the annual meeting notice prior to the annual meeting held in february of each year.”

Form 990, Part VII, Line 1A

“Gary davis stepped down as president in march 2020, but continued as a director going forward. Jim stott was elected president as of march 2020.”

Filing and Contact Details

Filer

Filer Name
Billings Bench Water Association
EIN
81-0111485
Phone
4062596241
Address
PO BOX 50150, BILLINGS, MT 59105

Signing Officer

Name
Kristina Franco
Title
Secretary-treasurer
Phone
4062596241
Signed
2021-01-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristina Franco
Formed
1915
Legal Domicile
Mt
Voting Board Members
7
Independent Board Members
7
Employees
12
Volunteers
0

Preparer

Firm
Summers Mcnea & Co Pc
Address
15 AVANTA WAY SUITE 1, BILLINGS, MT 59102
Preparer
Brian F Van Steeland
Phone
4066522320
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Proceeds from issuance of capital stock 200.”

Form 990, Part XII, Line 2C

“This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“There are no uncertain tax positions existing at november 30, 2020.”

Schedule D Part XIII

“Part vi - line 1e - other property- includes irrigation systems and improvements totaling $2,986,142.”

Raw XML AppendixShowing 400 of 408 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt024916
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt022745
IRS990/AccountsReceivableGrp/BOYAmt0108501
IRS990/AccountsReceivableGrp/EOYAmt09168
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0BILLINGS BENCH WATER ASSOCIATION IS A NON-PROFIT ORGANIZATION INCORPORATED UNDER THE LAWS OF THE STATE OF MONTANA ON SEPTEMBER 15, 1915 TO ACQUIRE TITLE TO AN IRRIGATION SYSTEM AND ITS WATER RIGHTS AND TO PROVIDE FOR FUTURE WATER IRRIGATION THROUGH A CANAL NETWORK FOR THE BENFIT OF ITS MEMBERS.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03264
IRS990/AllOtherExpensesGrp/ProgramServicesAmt08488
IRS990/AllOtherExpensesGrp/TotalAmt011752
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KRISTINA FRANCO
IRS990/BooksInCareOfDetail/PhoneNum04062596241
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01111 MAIN STREET SUITE 14
IRS990/BooksInCareOfDetail/USAddress/CityNm0BILLINGS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd059105
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt029360
IRS990/CashNonInterestBearingGrp/EOYAmt022530
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt040170
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt040170
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0302824
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt05807 FREY ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0SHEPHERD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd059079
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0DONNES INC
IRS990/ContractorCompensationGrp/ServicesDesc0DIRT WORK
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0195176
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0348
IRS990/CYOtherExpensesAmt0505656
IRS990/CYOtherRevenueAmt045771
IRS990/CYProgramServiceRevenueAmt0655716
IRS990/CYRevenuesLessExpensesAmt0148078
IRS990/CYSalariesCompEmpBnftPaidAmt0243277
IRS990/CYTotalExpensesAmt0748933
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0897011
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt072374
IRS990/DepreciationDepletionGrp/TotalAmt072374
IRS990/Desc0BILLINGS BENCH WATER ASSOCIATION RESOURCES AND ACTIVITIES ARE RELATED TO PROVIDING AND DISTRIBUTION OF WATER THROUGH AN IRRIGATION AND CANAL NETWORK TO ITS MEMBERS LOCATED IN CENTRAL MONTANA.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt012
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt0677807
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05500
IRS990/FeesForServicesAccountingGrp/TotalAmt05500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01820
IRS990/FeesForServicesLegalGrp/TotalAmt01820
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01200
IRS990/FeesForServicesOtherGrp/TotalAmt01200
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0GARY DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm1TOM PLATH
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM HINKLE
IRS990/Form990PartVIISectionAGrp/PersonNm3JIM STOTT
IRS990/Form990PartVIISectionAGrp/PersonNm4TIM HEIDEMA
IRS990/Form990PartVIISectionAGrp/PersonNm5DAN QUANBECK
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSH SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm7KRISTINA FRANCO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt01600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt733620
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR / FMR PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT / FMR DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY-TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01915
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0195176
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0897011
IRS990/GrossRentsGrp/RealAmt022400
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt043015
IRS990/InsuranceGrp/TotalAmt043015
IRS990/InterestGrp/ProgramServicesAmt022828
IRS990/InterestGrp/TotalAmt022828
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0348
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0348
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01065032
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02376842
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02569790
IRS990/LandBldgEquipCostOrOtherBssAmt03634822
IRS990/LegalDomicileStateCd0MT
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0613134
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ACQUIRE TITLE TO AN IRRIGATION SYSTEM AND ITS WATER RIGHTS TO PROVIDE FOR FUTURE WATER IRRIGATION THROUGH A CANAL NETWORK FOR THE BENEFIT OF ITS MEMBERS LOCATED IN CENTRAL MONTANA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0474619
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0431010
IRS990/NetAssetsOrFundBalancesBOYAmt02168497
IRS990/NetAssetsOrFundBalancesEOYAmt02316775
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt022400
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt022400
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt07455
IRS990/OccupancyGrp/TotalAmt07455
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07337
IRS990/OfficeExpensesGrp/TotalAmt07337
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0300
IRS990/OtherAssetsTotalGrp/EOYAmt0300
IRS990/OtherChangesInNetAssetsAmt0200
IRS990/OtherExpensesGrp/Desc0REPAIRS BUILDINGS & CAN
IRS990/OtherExpensesGrp/Desc1GAS, OIL- DITCH RIDERS
IRS990/OtherExpensesGrp/Desc2WORKERS COMPENSATION
IRS990/OtherExpensesGrp/Desc3TAXES- PROPERTY
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01842
IRS990/OtherExpensesGrp/ProgramServicesAmt0257699
IRS990/OtherExpensesGrp/ProgramServicesAmt154129
IRS990/OtherExpensesGrp/ProgramServicesAmt29835
IRS990/OtherExpensesGrp/ProgramServicesAmt38870
IRS990/OtherExpensesGrp/TotalAmt0257699
IRS990/OtherExpensesGrp/TotalAmt154129
IRS990/OtherExpensesGrp/TotalAmt211677
IRS990/OtherExpensesGrp/TotalAmt38870
IRS990/OtherRevenueMiscGrp/BusinessCd0111000
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME (EASEMENT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt023371
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023371
IRS990/OtherRevenueTotalAmt023371
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0179423
IRS990/OtherSalariesAndWagesGrp/TotalAmt0179423
IRS990/OtherSourcesGrossIncomeAmt088701
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03738
IRS990/PayrollTaxesGrp/ProgramServicesAmt019946
IRS990/PayrollTaxesGrp/TotalAmt023684
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0340010
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0339890
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019900
IRS990/PrincipalOfficerNm0KRISTINA FRANCO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0111000
IRS990/ProgramServiceRevenueGrp/BusinessCd1111000
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES & ASSE
IRS990/ProgramServiceRevenueGrp/Desc1WATER RENTAL CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0570548
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt185168
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0570548
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt185168
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02019
IRS990/PYOtherExpensesAmt0443972
IRS990/PYOtherRevenueAmt070421
IRS990/PYProgramServiceRevenueAmt0660175
IRS990/PYRevenuesLessExpensesAmt038535
IRS990/PYSalariesCompEmpBnftPaidAmt0250108
IRS990/PYTotalExpensesAmt0694080
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0732615
IRS990/ReconcilationRevenueExpnssAmt0148078
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt022400
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01828487
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01976885
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0133529
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0148842
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt032305
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0105812
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0138117
IRS990ScheduleD/EquipmentGrp/BookValueAmt058203
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0445982
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0504185
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0748933
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt06378
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06378
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02472904
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0513238
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02986142
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0897011
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO UNCERTAIN TAX POSITIONS EXISTING AT NOVEMBER 30, 2020.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PART VI - LINE 1E - OTHER PROPERTY- INCLUDES IRRIGATION SYSTEMS AND IMPROVEMENTS TOTALING $2,986,142.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D PART XIII
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02569790
IRS990ScheduleD/TotalExpensesPerForm990Amt0748933
IRS990ScheduleD/TotalRevenuePerForm990Amt0897011
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0897011
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0748933
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS 1,108 MEMBERS AT NOVEMBER 30, 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP ELECTS FOUR BOARD OF DIRECTORS AT THE ANNUAL MEETING HELD IN FEBRUARY OF EACH YEAR. ONE DIRECTOR IS ELECTED AT LARGE TO SERVE A ONE YEAR TERM AND THREE DIRECTORS ARE ELECTED TO SERVE A TWO YEAR TERM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BYLAW CHANGES RECOMMENDED BY THE BOARD OF DIRECTORS ARE APPROVED AND RATIFIED BY THE MAJORITY OF MEMBERSHIP AT THE ASSOCIATION ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED AND APPROVED BY THE SECRETARY-TREASURER, THE BOARD PRESIDENT AND VICE PRESIDENT PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUALLY THE BOARD OF DIRECTORS SET THE SALARY AND WAGES OF THE SECRETARY-TREASURER (OFFICE MANAGER) AND THE LINE SUPERINTENDENT AND DITCH RIDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL GOVERNING DOCUMENTS, POLICIES, FINANCIAL REPORTS AND FORM 990 ARE AVAILABLE UPON REQUEST AT THE ASSOCIATION HEADQUARTER OFFICE. IN ADDITION EACH NEW MEMBER IS PROVIDED WITH A COPY OF THE ASSOCIATION BYLAWS. ALSO THE STATEMENT OF FINANCIAL CONDITION IS SENT OUT YEARLY TO ALL MEMBERS IN THE ANNUAL MEETING NOTICE PRIOR TO THE ANNUAL MEETING HELD IN FEBRUARY OF EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GARY DAVIS STEPPED DOWN AS PRESIDENT IN MARCH 2020, BUT CONTINUED AS A DIRECTOR GOING FORWARD. JIM STOTT WAS ELECTED PRESIDENT AS OF MARCH 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROCEEDS FROM ISSUANCE OF CAPITAL STOCK 200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02668032
IRS990/TotalAssetsEOYAmt02770530
IRS990/TotalAssetsGrp/BOYAmt02668032
IRS990/TotalAssetsGrp/EOYAmt02770530
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0195176
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071126
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0677807
IRS990/TotalFunctionalExpensesGrp/TotalAmt0748933
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0499535
IRS990/TotalLiabilitiesEOYAmt0453755
IRS990/TotalLiabilitiesGrp/BOYAmt0499535
IRS990/TotalLiabilitiesGrp/EOYAmt0453755
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02168497
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02316775
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0677807
IRS990/TotalProgramServiceRevenueAmt0655716
IRS990/TotalReportableCompFromOrgAmt040170
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0701835
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0897011
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02668032
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02770530
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01111 MAIN STREET SUITE 14
IRS990/USAddress/CityNm0BILLINGS
IRS990/USAddress/StateAbbreviationCd0MT
IRS990/USAddress/ZIPCd059105
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTINA FRANCO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY-TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04062596241
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BILLINGS BENCH WATER ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0BILL
ReturnHeader/Filer/EIN0810111485
ReturnHeader/Filer/PhoneNum04062596241
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 50150
ReturnHeader/Filer/USAddress/CityNm0BILLINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MT
ReturnHeader/Filer/USAddress/ZIPCd059105
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810386935
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SUMMERS MCNEA & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015 AVANTA WAY SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BILLINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd059102

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,770,530
Liabilities
$453,755
Net assets
$2,316,775
Revenue
$897,011
Expenses
$748,933
Net income
$148,078
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.77$0.58$3.19$0.90$0.88$0.02
2024Detailed filing. Detailed filing data is available for this year.$3.79$0.66$3.13$1.60$1.10$0.50
2023Detailed filing. Detailed filing data is available for this year.$3.33$0.70$2.63$0.77$0.67$0.10
2022Detailed filing. Detailed filing data is available for this year.$3.37$0.84$2.53$0.78$0.66$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.82$0.41$2.41$0.78$0.69$0.09
2020Detailed filing. Detailed filing data is available for this year.$2.77$0.45$2.32$0.90$0.75$0.15
2019Detailed filing. Detailed filing data is available for this year.$2.67$0.50$2.17$0.73$0.69$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.67$0.54$2.13$0.75$0.60$0.15
2017Detailed filing. Detailed filing data is available for this year.$2.57$0.59$1.98$0.72$0.51$0.20
2016Detailed filing. Detailed filing data is available for this year.$2.55$0.79$1.76$0.68$0.76$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.53$0.69$1.84$0.59$0.53$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.51$0.74$1.77$0.54$0.58$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.78$1.80$0.55
2012Summary only. Only limited summary data is available for this year.$2.33$0.53$1.80$0.51$0.57$0.06
2011Summary only. Only limited summary data is available for this year.$2.41$0.56$1.85$0.52$0.46$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.58$1.80$0.52