Cove Irrigation Company

Laurel, MT
Tax-exempt since Oct. 1941
EIN: 81-0233016

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Type of Nonprofit

Designated as a 501(c)(12) Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Revenue

$141k (2024)

Expenses

$125k (2024)

Total Assets

$530k (2024)

Total Liabilities

$3.47k (2024)

Source: Form 990 tax filings from 2011 to 2024

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 Dec.
2024

Revenue

$141,184

Expenses

$124,941

Net Income

$16,243

Net Assets

$526,668

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$140,445	99.5%
Investment Income	$261	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$478	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$530,140
Total Liabilities	$3,472
Net Assets	$526,668

Club or Co-Op Income
Income From Members	$140,681
Income From Other Sources	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Brad Kraft (President & Dist 4 Director)	$0	$0	$0
Lance Eisenman (V President & Dist 1 Director)	$0	$0	$0
Edward Robertus (District 2 Director)	$0	$0	$0
George Reiter (District 3 Director)	$0	$0	$0
Darryl Grove (District 5 Director)	$0	$0	$0
Lorna Krueger (Secretary Treasurer)	$0	$0	$0

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990

Filed on March 12, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$141,407

Expenses

$115,040

Net Income

$26,367

Net Assets

$440,784

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$139,940	99.0%
Investment Income	$259	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,208	0.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,041	1.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$52,604	45.7%

Assets/Debt
Total Assets	$444,256
Total Liabilities	$3,472
Net Assets	$440,784

Club or Co-Op Income
Income From Members	$139,940
Income From Other Sources	$1,030

Compensation

Key Employees and Officers	Compensation	Related	Other
George Reiter (District 3 Director)	$0	$0	$0
Darryl Grove (District 5 Director)	$0	$0	$0
Lorna Krueger (Secretary Treasurer)	$0	$0	$0
Brad Kraft (President & Dist 4 Director)	$0	$0	$0
Lance Eisenman (V President & Dist 1 Director)	$0	$0	$0
Edward Robertus (District 2 Director)	$0	$0	$0

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990

Filed on Sept. 11, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$270,945

Expenses

$122,957

Net Income

$147,988

Net Assets

$441,965

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$249,103	91.9%
Investment Income	$1,069	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$20,773	7.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,112	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$43,384	35.3%

Assets/Debt
Total Assets	$444,513
Total Liabilities	$2,548
Net Assets	$441,965

Club or Co-Op Income
Income From Members	$100,532
Income From Other Sources	$149,640

Compensation

Key Employees and Officers	Compensation	Related	Other
George Reiter (District 3 Director)	$0	$0	$0
Darryl Grove (District 5 Director)	$0	$0	$0
Lorna Krueger (Secretary Treasurer)	$0	$0	$0
Brad Kraft (President & Dist 4 Director)	$0	$0	$0
Lance Eisenman (V President & Dist 1 Director)	$0	$0	$0
Edward Robertus (District 2 Director)	$0	$0	$0

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990

Filed on Sept. 4, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$308,604

Expenses

$125,557

Net Income

$183,047

Net Assets

$364,659

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,560	3.1%
Program Services	$294,728	95.5%
Investment Income	$446	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,870	1.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$716	0.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$41,552	33.1%

Assets/Debt
Total Assets	$364,553
Total Liabilities	-$106
Net Assets	$364,659

Club or Co-Op Income
Income From Members	$294,118
Income From Other Sources	$4,812

Compensation

Key Employees and Officers	Compensation	Related	Other
Brad Kraft (President & Dist 4 Director)	$185	$0	$0
Edward Robertus (District 2 Director)	$179	$0	$0
George Reiter (District 3 Director)	$178	$0	$0
Lance Eisenman (V President & Dist 1 Director)	$175	$0	$0
Lorna Krueger (Secretary Treasurer)	$0	$0	$0
Darryl Grove (District 5 Director)	$0	$0	$0

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990

Filed on April 14, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$116,657

Expenses

$142,572

Net Income

-$25,915

Net Assets

$204,512

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$116,651	100.0%
Investment Income	$6	0.0%
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	$45,625	32.0%

Assets/Debt
Total Assets	$207,486
Total Liabilities	$2,974
Net Assets	$204,512

Club or Co-Op Income
Income From Members	$0
Income From Other Sources	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Brad Kraft (President)	$182	$0	$0
Ed Robertus (Vice President)	$177	$0	$0
George Reiter (Director)	$176	$0	$0
Lance Eisenman (Director)	$123	$0	$0
Brian Cook (Secretary/Treasurer)	$0	$0	$0
Darryl Grove (Director)	$0	$0	$0

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990

Filed on Feb. 22, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$118,449

Expenses

$144,217

Net Income

-$25,768

Net Assets

$231,085

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$118,403	100.0%
Investment Income	$46	0.0%
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	$43,800	30.4%

Assets/Debt
Total Assets	$232,510
Total Liabilities	$1,425
Net Assets	$231,085

Club or Co-Op Income
Income From Members	$117,375
Income From Other Sources	$2,085

Compensation

Key Employees and Officers	Compensation	Related	Other
Lance Eisenman (Director)	$274	$0	$0
Brad Kraft (President)	$250	$0	$0
Ed Robertus (Vice President)	$245	$0	$0
George Reiter (Director)	$241	$0	$0
Brian Cook (Secretary/Treasurer)	$0	$0	$0
Darryl Grove (Director)	$0	$0	$0

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990

Filed on Jan. 23, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$117,856

Expenses

$121,047

Net Income

-$3,191

Net Assets

$257,865

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$117,710	99.9%
Investment Income	$146	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	$43,800	36.2%

Assets/Debt
Total Assets	$259,294
Total Liabilities	$1,429
Net Assets	$257,865

Club or Co-Op Income
Income From Members	$116,213
Income From Other Sources	$1,497

Compensation

Key Employees and Officers	Compensation	Related	Other
Darryl Grove (Director)	$120	$0	$0
Ed Robertus (Vice President)	$69	$0	$0
George Reiter (Director)	$0	$55	$0
Brian Cook (Secretary/Treasurer)	$0	$0	$0
Brad Kraft (President)	$0	$0	$0
Lance Eisenman (Director)	$0	$135	$0

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990

Filed on Feb. 20, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$115,069

Expenses

$120,933

Net Income

-$5,864

Net Assets

$261,360

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$115,003	99.9%
Investment Income	$66	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	$40,525	33.5%

Assets/Debt
Total Assets	$268,255
Total Liabilities	$6,895
Net Assets	$261,360

Club or Co-Op Income
Income From Members	$114,198
Income From Other Sources	$805

Compensation

Key Employees and Officers	Compensation	Related	Other
George Reiter (Director)	$0	$0	$0
Brian Cook (Secretary/Treasurer)	$0	$0	$0
Brad Kraft (Vice President)	$0	$0	$0
Lance Eisenman (Director)	$0	$0	$0
Darryl Grove (Director)	$0	$0	$0
Ed Robertus (President)	$0	$0	$0

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990

Filed on Jan. 30, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$113,002

Expenses

$99,546

Net Income

$13,456

Net Assets

$267,123

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$112,954	100.0%
Investment Income	$48	0.0%
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	$26,125	26.2%

Assets/Debt
Total Assets	$274,566
Total Liabilities	$7,443
Net Assets	$267,123

Club or Co-Op Income
Income From Members	$112,954
Income From Other Sources	$48

Compensation

Key Employees and Officers	Compensation	Related	Other
George Reiter (Director)	$0	$0	$0
Brian Cook (Secretary/Treasurer)	$0	$0	$0
Brad Kraft (Vice President)	$0	$0	$0
Lance Eisenman (Director)	$0	$0	$0
Darryl Grove (Director)	$0	$0	$0
Ed Robertus (President)	$0	$0	$0

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990

Filed on March 13, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$131,694

Expenses

$90,905

Net Income

$40,789

Net Assets

$253,584

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$131,625	99.9%
Investment Income	$69	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	$11,522	12.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$25,120	27.6%

Assets/Debt
Total Assets	$256,372
Total Liabilities	$2,788
Net Assets	$253,584

Club or Co-Op Income
Income From Members	$131,625
Income From Other Sources	$69

Compensation

Key Employees and Officers	Compensation	Related	Other
Barbara Walborn (Secretary/Treasurer)	$10,647	$0	$0
Ed Robertus (Director)	$210	$0	$0
Loren Frank (President)	$200	$0	$0
Brad Kraft (Vice President)	$194	$0	$0
Lance Eisenman (Director)	$158	$0	$0
Darryl Grove (Director)	$113	$0	$0

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990

Filed on Feb. 1, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$118,808

Expenses

$95,879

Net Income

$22,929

Net Assets

$212,556

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$118,751	100.0%
Investment Income	$57	0.0%
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	$10,260	10.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$24,588	25.6%

Assets/Debt
Total Assets	$239,959
Total Liabilities	$27,403
Net Assets	$212,556

Club or Co-Op Income
Income From Members	$118,751
Income From Other Sources	$57

Compensation

Key Employees and Officers	Compensation	Related	Other
Loren Frank (President)	$0	$0	$0
Barbara J Walborn (Secretary/Treasurer)	$0	$10,260	$0
Brad Kraft (Director)	$0	$0	$0
Lance Eisenman (Director)	$0	$0	$0
Darryl Grove (Director)	$0	$0	$0
Ed Robertus (Director)	$0	$0	$0

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990

Filed on Feb. 11, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$107,582

Expenses

$111,713

Net Income

-$4,131

Net Assets

$189,626

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$107,542	100.0%
Investment Income	$40	0.0%
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	$10,820	9.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$36,200	32.4%

Assets/Debt
Total Assets	$211,977
Total Liabilities	$22,351
Net Assets	$189,626

Club or Co-Op Income
Income From Members	$107,542
Income From Other Sources	$40

Compensation

Key Employees and Officers	Compensation	Related	Other
Barbara J Walborn (Secretary/Treasurer)	$10,220	$0	$0
Loren Frank (President)	$250	$0	$0
Lance Eisenman (Director)	$150	$0	$0
Ed Robertus (Director)	$100	$0	$0
Brad Kraft (Director)	$50	$0	$0
Darryl Grove (Director)	$50	$0	$0

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990

Filed on Feb. 12, 2014

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Fiscal Year Ending Dec.
2012

Revenue

$118,491

Expenses

$142,228

Net Income

-$23,737

Net Assets

$193,498

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$118,424	99.9%
Investment Income	$67	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	$10,530	7.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$37,800	26.6%

Assets/Debt
Total Assets	$213,925
Total Liabilities	$20,427
Net Assets	$193,498

Club or Co-Op Income
Income From Members	$104,924
Income From Other Sources	$13,567

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$106,043

Expenses

$121,557

Net Income

-$15,514

Net Assets

$216,995

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$105,885	99.9%
Investment Income	$158	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	$10,040	8.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$37,800	31.1%

Assets/Debt
Total Assets	$229,126
Total Liabilities	$12,131
Net Assets	$216,995

Club or Co-Op Income
Income From Members	$105,885
Income From Other Sources	$158

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

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Cove Irrigation Company

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $141k (2024)

Expenses $125k (2024)

Total Assets $530k (2024)

Total Liabilities $3.47k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

Revenue

$141k (2024)

Expenses

$125k (2024)

Total Assets

$530k (2024)

Total Liabilities

$3.47k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004