Southwest Boone County Water Association Inc is located in Harrison, AR. The organization was established in 1982. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2016, Southwest Boone County Water Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Boone County 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 12/2017, Southwest Boone County Water Association Inc generated $926.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $649.0k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
WATER SALES AND SERVICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING WATER SALES AND SERVICE TO RURAL CUSTOMERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Arah Dean Turner Chairperson | Officer | 1 | $0 |
Kenneth Davis Secytreas | Officer | 0 | $0 |
Jerry Pledger Vice-Chairman | Officer | 0 | $0 |
Edwin Eoff Member | Trustee | 0 | $0 |
Gill Sanders Member | Trustee | 0 | $0 |
Dorwin Shaddox Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $3,860 |
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 | $926,469 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $180,840 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $29,101 |
Payroll taxes | $15,754 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,400 |
Advertising and promotion | $0 |
Office expenses | $13,798 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $7,200 |
Travel | $13,801 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $650 |
Interest | $53,175 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $17,149 |
All other expenses | $6,618 |
Total functional expenses | $649,027 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100 |
Savings and temporary cash investments | $510,391 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $105,779 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,710 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,623,861 |
Accounts payable and accrued expenses | $112,833 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,090,938 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $126,405 |
Total liabilities | $1,330,176 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $2,293,685 |
Organization Name | Assets | Revenue |
---|---|---|
Deep East Texas Electric Co-Operative Inc San Augustine, TX | $258,283,792 | $99,942,050 |
Dixie Electric Power Assn Laurel, MS | $277,061,319 | $96,509,999 |
Gibson Electric Membership Corp Trenton, TN | $199,281,246 | $104,510,085 |
Upshur-Rural Electric Cooperative Corporation Gilmer, TX | $245,628,727 | $98,243,041 |
Central Electric Power Association Carthage, MS | $142,416,370 | $101,127,410 |
San Bernard Electric Cooperative Incorporated Bellville, TX | $290,497,219 | $97,543,303 |
Holston Electric Cooperative Inc Rogersville, TN | $140,432,181 | $97,958,544 |
Sequachee Valley Electric Cooperative South Pittsburg, TN | $165,775,520 | $105,669,415 |
Washington-St Tammany Electric Cooperative Inc 1570 Franklinton, LA | $266,667,290 | $97,380,073 |
Northeast Missouri Electric Power Cooperative Palmyra, MO | $173,630,221 | $92,260,519 |
Bandera Electric Cooperative Inc Bandera, TX | $290,540,608 | $89,188,257 |
Nueces Electric Cooperative Inc Robstown, TX | $212,095,793 | $88,707,765 |