Oktoc Water Association Inc

Organization Overview

Oktoc Water Association Inc is located in Starkville, 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. Oktoc 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 06/2022, Oktoc Water Association Inc generated $353.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $368.0k during the year ending 06/2022. While expenses have increased by 2.9% 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 RURAL WATER SERVICE

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES ASSOCIATED WITH RUNNING AND MAINTAINING OF THE WATER SYSTEM ACCOUNTING, ELECTRICITY, REPAIRS, EQUIPMENT NOTE INTEREST, OUTSIDE SERVICES, DEPRECIATION AND BILLING USERS FOR WATER SERVICE, POSTAGE METER READING


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
Courtney Honnoll
Secretary
$0
Herman Bush
Vice President
$0
Joe Stewart Jr
President
$0
Kevin Cane
Board Member
$0
Leona Fowler
Board Member
$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$351,896
Investment income $1,646
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 $353,542

Create an account to unlock the data you need.

or