South Newton Rural Water Assn Inc

Organization Overview

South Newton Rural Water Assn Inc is located in Newton, MS. The organization was established in 2000. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, South Newton Rural Water Assn Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Newton Rural Water Assn 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, South Newton Rural Water Assn Inc generated $554.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $503.1k during the year ending 12/2022. While expenses have increased by 3.0% 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 WATER TO RURAL RESIDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SOUTH NEWTON RURAL WATER ASSOCIATION PROVIDES WATER TO RURAL RESIDENTS IN NEWTON COUNTY, MISSISSIPPI. THE ASSOCIATION PROVIDES WATER TO THOSE WHO WOULD OTHERWISE HAVE TO CONSTRUCT AND MAINTAIN THEIR OWN WELLS. APPROXIMATELY 1,125 CUSTOMERS SERVED.


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Board, Officers & Key Employees

Name (title)Compensation
Charles Godwin
President
$0
Melvin Nicholson
Vice-President
$0
Mike Dearing
Secretary
$0
David Joe Usry
Director
$0
Marion Felton
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$553,238
Investment income $746
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 $553,984

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