Cottonville-Savage Water Assn Inc
- Assets
- $111.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coldwater, MS
- Founding
- 10/1969
- Data as of
- 06/2023
- EIN
- 23-7043281
Organization Overview
Cottonville-Savage Water Assn Inc is located in Coldwater, MS. The organization was established in 1969. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cottonville-Savage Water Assn Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 06/2023, Cottonville-Savage Water Assn Inc generated $124.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $128.2k during the year ending 06/2023. While expenses have increased by 7.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE WATER TO MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Byron Williams President | 0 | $0 | |
James Allison Vice President | 0 | $0 | |
Donald Herron Board Member | 0 | $0 | |
Kyle Turcotte Board Member | 0 | $0 | |
Edward Mccullough Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $123,054 |
| Membership dues | $1,500 |
| Investment income | $36 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $124,590 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,837 |
| Professional fees and other payments to independent contractors | $15,604 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $95,718 |
| Total expenses | $128,159 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,467 |
| Other assets | $0 |
| Total assets | $111,499 |
| Total liabilities | $302,626 |
| Net assets or fund balances | -$191,127 |