Bear Creek Water Association Inc

Organization Overview

Bear Creek Water Association Inc is located in Madison, MS. The organization was established in 1992. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 10/2022, Bear Creek Water Association Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bear Creek Water Association 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 10/2022, Bear Creek Water Association Inc generated $12.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $9.5m during the year ending 10/2022. While expenses have increased by 4.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE THE WATER AND SEWER SYSTEM TO RURAL MADISON COUNTY, MS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE PUBLIC UTILITY SERVICES TO MORE THAN 18,000 WATER CUSTOMERS AND MORE THAN 7,000 SEWER CUSTOMERS IN A 97 SQUARE MILE SERVICE AREA IN SOUTHERN MADISON COUNTY, MS.


N/A


N/A


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Nolan P Williamson
General Manager/secretary
$137,838
Hannah Lewis
CFO
$89,262
Buddy Voelkel
President
$6,500
Adam Jenkins Jr
Vice President
$2,700
Bobby Brown
Director
$2,500
Connie Barfield
Director
$2,300

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$11,210,443
Investment income $41,866
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $52,470
Net Gain/Loss on Asset Sales -$2,301
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,566,846

Create an account to unlock the data you need.

or