Hobson Water System

Organization Overview

Hobson Water System is located in Chatom, AL. The organization was established in 1993. 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. Hobson Water System 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 06/2022, Hobson Water System generated $102.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $88.6k during the year ending 06/2022. While expenses have increased by 1.8% 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 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

PROVIDED WATER FOR APPROXIMATELY 220 RURAL WASHINGTON COUNTY, ALABAMA RESIDENTS


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$102,305
Membership dues$0
Investment income $60
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$28
Total Revenue$102,393

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