Mt Olivet Water Association Inc

Organization Overview

Mt Olivet Water Association Inc is located in Batesville, MS. The organization was established in 2000. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Olivet 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 02/2022, Mt Olivet Water Association Inc generated $223.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $157.5k during the year ending 02/2022. 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 SAFE DRINKING WATER

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MT OLIVET WATER ASSOCIATION WAS FORMED TO PROVIDE SAFE DRINKING WATER FOR THE MT OLIVET COMMUNITY IN PANOLA COUNTY MISSISSIPPI. WE SERVE OVER 350 FAMILIES WITH SAFE WATER AT AN ECONOMICAL PRICE.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Browning
Vice President
$0
Robert Patterson
Presdent
$0
Robert Mckinney
Director
$0

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$222,881
Investment income $126
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 $223,007

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