Arkabutla Water Association Inc
- Assets
- $83.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arkabutla, MS
- Founding
- 09/1967
- Data as of
- 02/2024
- EIN
- 64-6033235
Organization Overview
Arkabutla Water Association Inc is located in Arkabutla, MS. The organization was established in 1967. 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. Arkabutla 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 02/2024, Arkabutla Water Association Inc generated $81.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $82.4k during the year ending 02/2024. While expenses have increased by 7.5% per year over the past 5 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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Keating Member | 0.5 | $0 | |
David Veazey Member | 0.5 | $0 | |
Harry House Sec/treas | 0.5 | $0 | |
Ken Little Vice President | 0.5 | $0 | |
Ron Montgomery President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $80,100 |
| Membership dues | $0 |
| Investment income | $947 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,047 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,916 |
| Professional fees and other payments to independent contractors | $8,825 |
| Occupancy, rent, utilities, and maintenance | $5,579 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,093 |
| Total expenses | $82,413 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,158 |
| Other assets | $0 |
| Total assets | $83,098 |
| Total liabilities | $4,461 |
| Net assets or fund balances | $78,637 |