Breckenridge-Union Water Users Assn

Organization Overview

Breckenridge-Union Water Users Assn is located in Newport, AR. As of 12/2021, Breckenridge-Union Water Users Assn employed 3 individuals. Breckenridge-Union Water Users Assn 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 12/2021, Breckenridge-Union Water Users Assn generated $273.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $294.3k during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF BRECKENRIDGE-UNION WATER USERS ASSOCIATION IS TO ASSOCIATE ITS MEMBERS TOGETHER FOR THEIR MUTUAL BENEFIT AND TO THAT END TO CONSTRUCT, MAINTAIN AND OPERATE A PRIVATE RURAL WATER SYSTEM FOR THE SUPPLYING OF WATER TO ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION HAS CONTINUED TO PROVIDE ADEQUATE AND SAFE WATER TO RURAL HOUSEHOLDS. AS OF 12/31/2019, BRECKENRIDGE-UNION WATER USERS ASSOCIATION WAS PROVIDING WATER TO APPROXIMATELY 600 CUSTOMERS/MEMBERS. BRECKENRIDGE-UNION WATER USERS ASSOCIATION WILL CONTINUE TO UPGRADE/MAINTAIN THE CURRENT WATER MANAGMENT SYSTEM AND PURSUE AVAILABLE RESOURCES TO EXPAND THE WATER SYSTEM TO AS MANY HOUSEHOLDS/CUSTOMERS AS POSSIBLE.


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Board, Officers & Key Employees

Name (title)Compensation
Steven Lucus
Manager
$36,000
Loftin S Kent
Secretary
$0
Trey Hare
Vice President
$0
John Sink III
President
$0
Monica Prince
Director
$0
Talmadge Whitehead
Director
$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$272,840
Investment income $271
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 $273,111

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