Arkansas Water Well Contractors Assoc
- Assets
- $57.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hot Springs, AR
- Founding
- 11/2011
- Data as of
- 12/2017
- EIN
- 26-1786731
Organization Overview
Arkansas Water Well Contractors Assoc is located in Hot Springs, AR. The organization was established in 2011. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas Water Well Contractors Assoc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2017, Arkansas Water Well Contractors Assoc generated $39.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $41.4k during the year ending 12/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HAS PROMOTED, ENCOURAGED, AND SUPPORTED THE INTEREST AND WELFARE OF THE WATER WELL INDUSTRY AND THOSE SERVED BY IT WITHINI THE STATE OF ARKANSAS; AS WELL AS PROMOTING RESEARCH AND TECHNIQUES TO IMPROVE THE METHODS OF DRILLING AND PRACTICES IN THE BUSINESS WHICH ARE BENEFICIAL TO THE PUBLIC HEALTH AND GENERAL WELFARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcus Flippin Vice Preside | 1 | $0 | |
David Washington Board Member | 1 | $0 | |
Mike Shudy President | 1 | $0 | |
Jerry Sollis Secretary/tr | 1 | $0 | |
Jared Mcdonald Board Member | 1 | $0 | |
Mark Ragland Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $31,403 |
| Membership dues | $7,650 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,053 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,250 |
| Professional fees and other payments to independent contractors | $3,875 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $245 |
| Other expenses | $28,996 |
| Total expenses | $41,366 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,283 |
| Other assets | $0 |
| Total assets | $57,283 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,283 |
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