Brazil-Sumner Water Association Inc is located in Charleston, MS. The organization was established in 2003. 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. Brazil-Sumner 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 12/2023, Brazil-Sumner Water Association Inc generated $46.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $47.7k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
FURNISH LOW COST WATER TO THE RURAL AREA-WITHOUT THISWATER SYSTEM, RURAL USERS WOULD HAVE TO OBTAIN THEIR OWN WELLS. THIS RURAL WATER SYSTEM IS IN VERY POOR REGION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Houston President | 5 | $720 | |
Wiley Kevin Jenkins Vice-Pres | 1 | $0 | |
Toni Clark Sec-Treas | 5 | $10,585 | |
Abbey Busby Director | 1 | $0 | |
Bryce Clark Director | 1 | $4,793 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,801 |
| Membership dues | $75 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,876 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $300 |
| Printing, publications, postage, and shipping | $397 |
| Other expenses | $45,516 |
| Total expenses | $47,713 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,773 |
| Other assets | $0 |
| Total assets | $11,549 |
| Total liabilities | $13,720 |
| Net assets or fund balances | -$2,171 |