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Loop 360 Water Supply Corporation

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Category: Food, Agriculture and Nutrition / Agricultural Programs (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$2.48M (2023)

Expenses
$1.84M (2023)

Total Assets
$8.04M (2023)

Total Liabilities
$1.79M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,484,076
Expenses
$1,843,355
Net Income
$640,721
Net Assets
$6,246,993
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,406,672
96.9%
Investment Income $34,001
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $43,403
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $10,950
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,850
0.2%
Assets/Debt
Total Assets $8,039,284
Total Liabilities $1,792,291
Net Assets $6,246,993
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Richard Sieling (Treasurer) $3,150 $0 $0
Marvin Bendele (President) $2,850 $0 $0
Ross Cummings (Director) $2,850 $0 $0
Nick Tsourmas (Secretary) $2,700 $0 $0
Glenn West (Vice President) $2,250 $0 $0

Document Links

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,710,593
Expenses
$1,766,787
Net Income
-$56,194
Net Assets
$5,606,272
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,708,591
99.9%
Investment Income $2,002
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,703,586
Total Liabilities $97,314
Net Assets $5,606,272
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Marvin Bendele (President) $0 $0 $0
Dr Nick Tsourmas (Secretary) $0 $0 $0
Glenn West (Vice Preside) $0 $0 $0
Richard Seiling (Treasurer) $0 $0 $0
Ross Cummings (Director) $0 $0 $0

Document Links

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,856,987
Expenses
$1,580,349
Net Income
$276,638
Net Assets
$5,662,466
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,852,792
99.8%
Investment Income $4,195
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,903,724
Total Liabilities $241,258
Net Assets $5,662,466
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Marvin Bendele (President) $2,400 $0 $0
Dr Nick Tsourmas (Secretary) $2,250 $0 $0
Glenn West (Vice Preside) $2,250 $0 $0
Richard Seiling (Treasurer) $2,250 $0 $0
Ross Cummings (Director) $2,250 $0 $0

Document Links

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,626,739
Expenses
$1,422,606
Net Income
$204,133
Net Assets
$5,385,828
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,613,437
99.2%
Investment Income $13,302
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $10,200
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,566,529
Total Liabilities $180,701
Net Assets $5,385,828
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Marvin Bendele (President) $2,400 $0 $0
Ross Cummings (Director) $2,400 $0 $0
Glenn West (Vice Preside) $1,950 $0 $0
Dr Nick Tsourmas (Secretary) $1,800 $0 $0
Richard Seiling (Treasurer) $1,650 $0 $0

Document Links

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,430,916
Expenses
$1,336,889
Net Income
$94,027
Net Assets
$5,181,695
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,420,509
99.3%
Investment Income $10,407
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,100
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,271,237
Total Liabilities $89,542
Net Assets $5,181,695
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Dr Nick Tsourmas (Secretary) $2,550 $0 $0
Glenn West (Vice President) $2,550 $0 $0
Marvin Bendele (President) $2,100 $0 $0
Ross Cummings (Director) $2,100 $0 $0
Richard Seiling (Treasurer) $1,800 $0 $0

Document Links

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,550,954
Expenses
$1,276,725
Net Income
$274,229
Net Assets
$5,087,668
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,544,269
99.6%
Investment Income $6,685
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,100
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,254,544
Total Liabilities $166,876
Net Assets $5,087,668
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Marvin Bendele (President) $2,550 $0 $0
Dr Nick Tsourmas (Secretary) $2,400 $0 $0
Glenn West (Vice President) $2,400 $0 $0
Ross Cummings (Director) $1,950 $0 $0
Richard Seiling (Treasurer) $1,800 $0 $0

Document Links

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,322,334
Expenses
$1,456,828
Net Income
-$134,494
Net Assets
$4,813,439
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,320,155
99.8%
Investment Income $2,179
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,900
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,181,392
Total Liabilities $367,953
Net Assets $4,813,439
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Marvin Bendele (President) $3,900 $0 $0
Dr Nick Tsourmas (Secretary) $3,600 $0 $0
Glenn West (Vice President) $3,600 $0 $0
Richard Seiling (Treasurer) $2,400 $0 $0
Ross Cummings (Director) $2,400 $0 $0

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,279,845
Expenses
$1,451,832
Net Income
-$171,987
Net Assets
$4,947,933
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,274,218
99.6%
Investment Income $5,627
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $9,750
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,230,104
Total Liabilities $282,171
Net Assets $4,947,933
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$946,799
Expenses
$1,310,128
Net Income
-$363,329
Net Assets
$5,119,920
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $943,993
99.7%
Investment Income $2,806
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $8,700
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,198,757
Total Liabilities $78,837
Net Assets $5,119,920
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,097,336
Expenses
$1,067,637
Net Income
$29,699
Net Assets
$5,483,249
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,091,113
99.4%
Investment Income $6,223
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $12,179
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,881,424
Total Liabilities $398,175
Net Assets $5,483,249
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,309,065
Expenses
$1,027,676
Net Income
$281,389
Net Assets
$5,453,550
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,301,864
99.4%
Investment Income $7,201
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $10,800
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,526,362
Total Liabilities $72,812
Net Assets $5,453,550
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,451,554
Expenses
$1,101,008
Net Income
$350,546
Net Assets
$5,172,161
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,446,592
99.7%
Investment Income $4,827
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $135
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $11,850
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,231,925
Total Liabilities $59,764
Net Assets $5,172,161
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending March
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,131,690
Expenses
$956,240
Net Income
$175,450
Net Assets
$4,821,615
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,129,785
99.8%
Investment Income $1,905
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $12,300
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,894,454
Total Liabilities $72,839
Net Assets $4,821,615
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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