Yocona Water Association Inc
- Assets
- $399.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Oxford, MS
- Founding
- Data as of
- 12/2022
- EIN
- 64-0514036
Organization Overview
Yocona Water Association Inc is located in Oxford, MS. As of 12/2022, Yocona Water Association Inc employed 5 individuals. Yocona 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 12/2022, Yocona Water Association Inc generated $135.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $140.9k during the year ending 12/2022. While expenses have increased by 3.4% 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE WATER SERVICES TO RURAL CUSTOMERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janice Heard Treasurer | 25 | $7,950 | |
Michael Vanderlip President | 4 | $0 | |
Joe J Hogan Jr Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $134,801 |
| Membership dues | $220 |
| Investment income | $306 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135,327 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,804 |
| Professional fees and other payments to independent contractors | $10,068 |
| Occupancy, rent, utilities, and maintenance | $65,686 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,345 |
| Total expenses | $140,903 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,263 |
| Other assets | $0 |
| Total assets | $399,585 |
| Total liabilities | $301,552 |
| Net assets or fund balances | $98,033 |
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