EASTMORELAND WATER SERVICE ASSOCIATION INC

EIN: 363388586

JOLIET, IL

Total Revenue
$161,091
Total Expenses
$160,104
Total Assets
$36,331
Net Assets
$36,331
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IL
Principal Officer
RACHEL SPANGLER
Phone
8159559833
Tax Period
2022-01-01 to 2022-12-31

EASTMORELAND WATER SERVICE ASSOCIATION INC, founded in 2001, is a small nonprofit that reported $161K in total revenue in fiscal year 2022.

Mission

WATER UTILITY SERVICES TO HOMEOWNERS ASSOCIATION MEMBERS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $161,091
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $161,091

Expense Breakdown

Grants Paid $0
Salaries & Benefits $50,700
Fundraising Expenses $0
Other Expenses $109,404
TOTAL EXPENSES $160,104

Year-over-Year Comparison

2022 2021 Change
Revenue $161,091 $154,185 +0.0%
Expenses $160,104 $154,185 +0.0%
Net Income $987 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
4

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$50,700
Total Directors
6
$50,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHEL SPANGLER PRESIDENT 30.00
Officer Director
$18,500 $0 $18,500
CRAIGG SPANGLER VICE PRESIDENT 60.00
Officer Director
$19,000 $0 $19,000
DANNY VESTAL WELL OPERATOR 20.00
Officer Director
$13,200 $0 $13,200
CINDY HENDRICKS TRUSTEE 2.00
Director
$0 $0 $0
HORTENSIA ORTIZ TRUSTEE 2.00
Director
$0 $0 $0
RANONA DIXON TRUSTEE 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $161,091 $160,104 $36,331 $987
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