B B Water Project Inc

Organization Overview

B B Water Project Inc is located in Bloomington, IN. 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. B B Water Project 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 12/2022, B B Water Project Inc generated $790.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $905.7k during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE DRINKING WATER TO CUSTOMERSMEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE TREATED DRINKING WATER TO CUSTOMERS/MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey H Underwood
Treasurer
$8,820
Dale Lisby
President
$5,220
David Sharp
Secretary
$3,720
Jay Floyd
Vice President
$3,720
Scott Moore
Director
$1,320
Tyler Bunch
Director
$1,320

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$789,514
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $790,879

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