Alpine Water Association Inc is located in New Albany, MS. The organization was established in 1997. 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. Alpine 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 04/2024, Alpine Water Association Inc generated $132.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $113.8k during the year ending 04/2024. While expenses have increased by 4.0% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE WATER TO MEMBERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jarrett Watson Secretary | 0 | $0 | |
Glen Coleman President | 0 | $0 | |
Breland Randle Vice President | 0 | $0 | |
Keith Roberts Board Member | 0 | $0 | |
Bobby Hutcheson Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $132,165 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,165 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,300 |
| Professional fees and other payments to independent contractors | $2,763 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,111 |
| Other expenses | $102,644 |
| Total expenses | $113,818 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,723 |
| Other assets | $0 |
| Total assets | $409,479 |
| Total liabilities | $338,805 |
| Net assets or fund balances | $70,674 |