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Nonprofit · EIN 91-0357190

PARKLAND LIGHT & WATER COMPANY

Tax-exempt · TACOMA, WA 98448

Financials

$16.3M$12.4M2023$17M$14M2024$19.5M$15.1M2025
Revenue Expenses · by fiscal year end
Financials of PARKLAND LIGHT & WATER COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$19,540,380$15,064,492$4,475,888$62,395,807$6,359,744$56,036,063
December 31, 2024990$16,963,033$14,019,230$2,943,803$58,213,757$6,894,582$51,319,175
December 31, 2023990$16,347,456$12,370,398$3,977,058$49,827,747$1,637,375$48,190,372
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$17,082,644
Investment income
$385,834
Net rental income
$11,448
Net gain from sales of assets
$7,000
Other revenue
$2,071,902

Expenses

Grants and similar amounts paid
$12,300
Compensation of officers, directors and key employees
$808,575
Other salaries and wages
$877,782
Salaries, compensation and benefits (total)
$3,953,179
Professional fundraising fees
$0
Travel
$169,730
Depreciation
$1,945,215

Balance sheet and other

Total assets, start of year
$58,213,757
Total assets, end of year
$62,395,807
Total liabilities, end of year
$6,359,744
Net assets, end of year
$56,036,063
Land, buildings and equipment
$47,413,644
Gross receipts
$19,557,909
Employees
35
Volunteers
0
Year formed
1914
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SUSAN CUTRELLGENERAL MANAGER
Officer
40$281,106$196,672
DALE BUDZINSKIWATER SUPERINTENDENT
Highest-paid employee
40$197,649$213,719
DALE BUTCHERELECTRIC SUPERINTENDENT
Highest-paid employee
40$197,065$167,718
MATTHEW CLINEELECTRIC FOREMAN
Highest-paid employee
40$194,869$90,753
SHANNON GIBBONSMETER TECHNICIAN
Highest-paid employee
40$162,340$113,862
ALEX ANDERSONMANAGER OF FINANCE AND ADM
Officer
40$174,228$92,369
SCOTT WYNNJOURNEY LINEMAN
Highest-paid employee
40$171,341$45,175
GARY GRAZZINIDIRECTOR, PRESIDENT
Trustee or director, Officer
4.5$13,800$0
JANET DETERINGDIRECTOR, VICE PRESIDENT
Trustee or director, Officer
4.5$13,200$0
ELAINE WALTERDIRECTOR, SECRETARY
Trustee or director, Officer
4.5$13,200$0
MARK MULDERDIRECTOR, TREASURER
Trustee or director, Officer
4.5$12,000$0
GARY HAUENSTEINDIRECTOR, PUBLIC RELATIONS
Trustee or director
4.5$12,000$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
SUSAN CUTRELLGENERAL MANAGER
Officer
40$246,166$176,655
DALE BUDZINSKIWATER SUPERINTENDENT
Highest-paid employee
40$184,753$179,326
DALE BUTCHERELECTRIC SUPERINTENDENT
Highest-paid employee
40$184,449$142,295
MATTHEW CLINEELECTRIC FOREMAN
Highest-paid employee
40$191,747$73,124
SHANNON GIBBONSMETER TECHNICIAN
Highest-paid employee
40$152,827$96,333
ALEX ANDERSONMANAGER OF FINANCE AND ADM
Officer
40$159,163$79,756
SCOTT WYNNELECTRIC LINEMAN
Highest-paid employee
40$158,748$40,818
GARY GRAZZINIDIRECTOR, VICE PRESIDENT
Trustee or director, Officer
4.5$13,800$0
MARK MULDERDIRECTOR, PUBLIC RELATIONS
Trustee or director
4.5$13,500$0
GARY HAUENSTEINDIRECTOR, PRESIDENT
Trustee or director, Officer
4.5$13,200$0
JANET DETERINGDIRECTOR, SECRETARY
Trustee or director, Officer
4.5$13,200$0
ELAINE WALTERDIRECTOR, TREASURER
Trustee or director, Officer
4.5$13,200$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
SUSAN CUTRELLGENERAL MANAGER
Officer
40$240,592$153,588
DALE BUDZINSKIWATER SUPERINTENDENT
Highest-paid employee
40$176,838$157,668
DALE BUTCHERELECTRIC SUPERINTENDENT
Highest-paid employee
40$177,292$126,299
MATTHEW CLINEELECTRIC FOREMAN
Highest-paid employee
40$169,459$63,086
CURT THOMPSONELECTRIC LINEMAN
Highest-paid employee
40$151,864$77,071
ALEX ANDERSONMANAGER OF FINANCE AND ADM
Officer
40$163,680$49,309
SCOTT WYNNELECTRIC LINEMAN
Highest-paid employee
40$149,940$36,204
MARK MULDERDIRECTOR, PRESIDENT
Trustee or director, Officer
3.04$13,200$0
GARY HAUENSTEINDIRECTOR, VICE PRESIDENT
Trustee or director, Officer
4.12$13,200$0
GARY GRAZZINIDIRECTOR, SECRETARY
Trustee or director, Officer
4.63$13,200$0
JANET DETERINGDIRECTOR,TREASURER
Trustee or director, Officer
4.35$13,200$0
ELAINE WALTERDIRECTOR, PUBLIC RELATIONS
Trustee or director
5.19$13,200$0

Address and contacts

Address (IRS master file)
PO BOX 44426, TACOMA, WA 98448-0426
Principal officer (990 for 2025)
SUSAN CUTRELL, PO BOX 44426, TACOMA, WA 98448
Signed the 990
SUSAN CUTRELL, GENERAL MANAGER
Phone
(253) 531-5666
Return prepared by
DP&C

Mission

TO PROVIDE RELIABLE AND EFFICIENT SERVICE AT THE LOWEST COST.

990 for the year ended December 31, 2025

Program accomplishments

  • SALE OF ELECTRIC AND WATER SERVICES TO APPROXIMATELY 12,909 MEMBERSHIPS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
91-0357190
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1934
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$62,395,807
Income (IRS master file)
$19,557,909

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$19,540,380$15,064,492$62,395,807IRS
990December 2024$16,963,033$14,019,230$58,213,757IRS
990December 2023$16,347,456$12,370,398$49,827,747XML
990December 2022$15,722,417$12,601,272$45,720,274IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-0357190).

Questions about PARKLAND LIGHT & WATER COMPANY

What is the EIN of PARKLAND LIGHT & WATER COMPANY?
The employer identification number (EIN) of PARKLAND LIGHT & WATER COMPANY is 91-0357190.
Is PARKLAND LIGHT & WATER COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1934.
Are donations to PARKLAND LIGHT & WATER COMPANY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PARKLAND LIGHT & WATER COMPANY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PARKLAND LIGHT & WATER COMPANY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PARKLAND LIGHT & WATER COMPANY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PARKLAND LIGHT & WATER COMPANY?
The 990 for the year ended December 31, 2025 names SUSAN CUTRELL.
Who are the officers and directors of PARKLAND LIGHT & WATER COMPANY?
The 990 for the year ended December 31, 2025 lists 12 people; 12 received compensation from the organization, the highest $281,106 (SUSAN CUTRELL, GENERAL MANAGER).
How much revenue does PARKLAND LIGHT & WATER COMPANY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $19,540,380, expenses of $15,064,492 and total assets of $62,395,807 at year end.

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