Civic Intelligence

Camano Water Association

EIN 91-6049403 • 501(c)12 • Camano Island, WA

Profile

Camano water association provides members with ample, good quality, domestic water at a reasonable cost.

82 W Monticello DriveCamano Island, WA 98282

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

8th percentile

0.02x

Higher debt load relative to revenue than 8% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2024

Net Margin

85th percentile

37%

Higher net margin than 85% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

74th percentile

9.2%

Faster asset growth than 74% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

0.1%

Faster revenue growth than 28% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$6,721,048

Up $567,282 (+9.2%) from 2023

Liabilities

Up

$33,113

Up $27,139 (+454%) from 2023

Net Assets

Up

$6,687,935

Up $540,143 (+8.8%) from 2023

Revenue

Up

$1,444,169

Up $1,730 (+0.1%) from 2023

Expenses

Up

$904,026

Up $12,927 (+1.5%) from 2023

Net Income

Down

$540,143

Down $11,197 (-2.0%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,448,430Liabilities 2010: $26,117Net Assets 2010: $1,422,3132010Assets 2011: $1,356,121Liabilities 2011: $19,017Net Assets 2011: $1,337,1042011Assets 2012: $1,424,746Liabilities 2012: $29,312Net Assets 2012: $1,395,4342012Assets 2013: $1,633,022Liabilities 2013: $25,280Net Assets 2013: $1,607,7422013Assets 2014: $1,847,776Liabilities 2014: $34,348Net Assets 2014: $1,813,4282014Assets 2015: $2,090,415Liabilities 2015: $44,342Net Assets 2015: $2,046,0732015Assets 2016: $2,534,945Liabilities 2016: $82,570Net Assets 2016: $2,452,3752016Assets 2017: $3,105,016Liabilities 2017: $30,361Net Assets 2017: $3,074,6552017Assets 2018: $3,750,042Liabilities 2018: $31,135Net Assets 2018: $3,718,9072018Assets 2019: $4,184,402Liabilities 2019: $34,868Net Assets 2019: $4,149,5342019Assets 2020: $4,610,907Liabilities 2020: $43,788Net Assets 2020: $4,567,1192020Assets 2021: $5,180,124Liabilities 2021: $29,779Net Assets 2021: $5,150,3452021Assets 2022: $5,625,980Liabilities 2022: $29,528Net Assets 2022: $5,596,4522022Assets 2023: $6,153,766Liabilities 2023: $5,974Net Assets 2023: $6,147,7922023Assets 2024: $6,721,048Liabilities 2024: $33,113Net Assets 2024: $6,687,9352024

Highlighted filing

2024

Assets$6,721,048
Liabilities$33,113
Net Assets$6,687,935

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $484,2162010Revenue 2011: $506,259Expenses 2011: $591,468Net Income 2011: -$85,2092011Expenses 2012: $552,8892012Revenue 2013: $801,996Expenses 2013: $589,688Net Income 2013: $212,3082013Revenue 2014: $805,742Expenses 2014: $600,056Net Income 2014: $205,6862014Revenue 2015: $886,707Expenses 2015: $654,062Net Income 2015: $232,6452015Revenue 2016: $1,028,647Expenses 2016: $622,345Net Income 2016: $406,3022016Revenue 2017: $1,268,961Expenses 2017: $646,681Net Income 2017: $622,2802017Revenue 2018: $1,166,347Expenses 2018: $707,176Net Income 2018: $459,1712018Revenue 2019: $1,218,511Expenses 2019: $821,884Net Income 2019: $396,6272019Revenue 2020: $1,304,493Expenses 2020: $896,408Net Income 2020: $408,0852020Revenue 2021: $1,402,788Expenses 2021: $876,550Net Income 2021: $526,2382021Revenue 2022: $1,333,025Expenses 2022: $886,918Net Income 2022: $446,1072022Revenue 2023: $1,442,439Expenses 2023: $891,099Net Income 2023: $551,3402023Revenue 2024: $1,444,169Expenses 2024: $904,026Net Income 2024: $540,1432024

Highlighted filing

2024

Revenue$1,444,169
Expenses$904,026
Net Income$540,143

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.72$0.03$6.69$1.44$0.90$0.54
2023Summary only. Only limited summary data is available for this year.$6.15$0.01$6.15$1.44$0.89$0.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.63$0.03$5.60$1.33$0.89$0.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.18$0.03$5.15$1.40$0.88$0.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.61$0.04$4.57$1.30$0.90$0.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.18$0.03$4.15$1.22$0.82$0.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.75$0.03$3.72$1.17$0.71$0.46
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$0.03$3.07$1.27$0.65$0.62
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$0.08$2.45$1.03$0.62$0.41
2015Detailed filing. Detailed filing data is available for this year.$2.09$0.04$2.05$0.89$0.65$0.23
2014Detailed filing. Detailed filing data is available for this year.$1.85$0.03$1.81$0.81$0.60$0.21
2013Detailed filing. Detailed filing data is available for this year.$1.63$0.03$1.61$0.80$0.59$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.03$1.40$0.55
2011Summary only. Only limited summary data is available for this year.$1.36$0.02$1.34$0.51$0.59$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.03$1.42$0.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 28, 2025
Return Version
2024v5.0
Gross Receipts
$1,444,169
Mission and Program Overview

Mission

Camano water association provides members with ample, good quality, domestic water at a reasonable cost.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,317,096$3,171,610▼ $145,486
Savings and Temporary Cash Investments$2,378,859$2,790,444▲ $411,585
Cash and Non-Interest-Bearing Accounts$183,568$416,806▲ $233,238
Accounts Receivable$221,521$221,521→ $0
Inventories for Sale or Use$32,417--
Prepaid Expenses and Deferred Charges$20,305$21,311▲ $1,006
Total Assets$6,153,766$6,721,048▲ $567,282
Other Assets Total-$99,356-
Liabilities
Other Liabilities$3,333$33,113▲ $29,780
Accounts Payable and Accrued Expenses$2,641--
Total Liabilities$5,974$33,113▲ $27,139
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,147,792$6,687,935▲ $540,143
Total Net Assets Fund Balance$6,147,792$6,687,935▲ $540,143
Total Liabilities and Net Assets / Fund Balance$6,153,766$6,721,048▲ $567,282

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,201,192$3,379,994$4,581,186
Buildings$992,985$705,224$1,698,209
Other Land Buildings$968,951$152,670$1,121,621
Land$8,482-$8,482
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ron CooperPresident
Jan NewtonDirector
John HaleSecretary
Clay WallaceTreasurer
Gael FiskVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,357,545
Investment Income
$86,624
Other Revenue
$0
Change in Net Assets
$540,143
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$530,553
Salaries, Compensation, and Employee Benefits$373,473
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$144,970$150,585-$295,555
Depreciation Depletion$234,478$12,088-$246,566
Other Employee Benefits$49,561$2,609-$52,170
All Other Expenses$39,516$9,086-$48,602
Office Expenses$3,495$43,803-$47,298
Payroll Taxes$12,629$13,119-$25,748
Occupancy$23,893$1,258-$25,151
Insurance$17,735$933-$18,668
Other Expenses$15,019$790-$15,809
Fees for Services Accounting$464$8,821-$9,285
Total Functional Expenses$660,020$244,006$0$904,026
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$17,514
Payroll Taxes Payable$6,584
Credit Cards Payable$6,309
Accrued Benefits Payable$2,349
State Excise Tax Payable$357
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 6

Each owner lot is a share.

Form 990, Page 6, Part VI, Line 7A

Officers and the board of directors are elected at the association's annual meeting.

Form 990, Page 6, Part VI, Line 7B

Certain decisions, including but not limited to, election of officers and changes to the by-laws of the association must be approved by members.

Form 990, Page 6, Part VI, Line 11B

The board of directors reviews form 990 before filing.

Form 990, Page 6, Part VI, Line 18

Available to members of the association upon request.

Form 990, Page 6, Part VI, Line 19

No documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Camano Water Association
EIN
91-6049403
Phone
3603879136
Address
82 W MONTICELLO DRIVE, CAMANO ISLAND, WA 98282

Signing Officer

Name
Ross Michel
Title
Treasurer
Phone
3603879136
Signed
2025-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ross Michel
Formed
1952
Voting Board Members
5
Independent Board Members
6
Employees
5

Preparer

Firm
Michael Dame & Associates Inc Ps
Address
PO BOX 879, STANWOOD, WA 98292
Preparer
Michael P Dame CPA
Phone
3606299420
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provision of ample, good quality, domestic water at a reasonable cost and related services to members.

Raw XML Appendix349 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
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IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09086
IRS990/AllOtherExpensesGrp/ProgramServicesAmt039516
IRS990/AllOtherExpensesGrp/TotalAmt048602
IRS990/BackupWthldComplianceInd0true
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IRS990/BooksInCareOfDetail/PhoneNum03603873318
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt082 N MONTICELLO DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CAMANO ISLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt02378859
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02790444
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0992985
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0705224
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01698209
IRS990ScheduleD/EquipmentGrp/BookValueAmt01201192
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03379994
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04581186
IRS990ScheduleD/LandGrp/BookValueAmt08482
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08482
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0968951
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0152670
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01121621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017514
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16584
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt26309
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32349
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4357
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED BENEFITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4STATE EXCISE TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03171610
IRS990ScheduleD/TotalLiabilityAmt033113
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVISION OF AMPLE, GOOD QUALITY, DOMESTIC WATER AT A REASONABLE COST AND RELATED SERVICES TO MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH OWNER LOT IS A SHARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND THE BOARD OF DIRECTORS ARE ELECTED AT THE ASSOCIATION'S ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CERTAIN DECISIONS, INCLUDING BUT NOT LIMITED TO, ELECTION OF OFFICERS AND CHANGES TO THE BY-LAWS OF THE ASSOCIATION MUST BE APPROVED BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE TO MEMBERS OF THE ASSOCIATION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06153766
IRS990/TotalAssetsEOYAmt06721048
IRS990/TotalAssetsGrp/BOYAmt06153766
IRS990/TotalAssetsGrp/EOYAmt06721048
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0244006
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0660020
IRS990/TotalFunctionalExpensesGrp/TotalAmt0904026
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05974
IRS990/TotalLiabilitiesEOYAmt033113
IRS990/TotalLiabilitiesGrp/BOYAmt05974
IRS990/TotalLiabilitiesGrp/EOYAmt033113
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06147792
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06687935
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt010600
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt010600
IRS990/TotalProgramServiceExpensesAmt0660020
IRS990/TotalProgramServiceRevenueAmt01357545
IRS990/TotalRevenueGrp/ExclusionAmt086624
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01357545
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01444169
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06153766
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06721048
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt082 WEST MONTICELL DRIVE
IRS990/USAddress/CityNm0CAMANO ISLAND
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098282
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0CAMANOWATER.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROSS MICHEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03603879136
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAMANO WATER ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0CAMA
ReturnHeader/Filer/EIN0916049403
ReturnHeader/Filer/PhoneNum03603879136
ReturnHeader/Filer/USAddress/AddressLine1Txt082 W MONTICELLO DRIVE
ReturnHeader/Filer/USAddress/CityNm0CAMANO ISLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098282
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911877590
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHAEL DAME & ASSOCIATES INC PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 879
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STANWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098292
ReturnHeader/PreparerPersonGrp/PhoneNum03606299420
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P DAME CPA
ReturnHeader/ReturnTs02025-10-29T12:13:40-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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