East Desoto Water System Inc

Organization Overview

East Desoto Water System Inc is located in Mansfield, LA. The organization was established in 1973. 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. East Desoto Water System 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 06/2022, East Desoto Water System Inc generated $210.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $326.6k during the year ending 06/2022. While expenses have increased by 8.7% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE WATER TO APPROXIMATELY 383 RESIDENCES AND BUSINESSES IN RURAL EASTERN DESOTO PARISH IN NORTHWEST LOUISIANA

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATE RURAL WATER SYSTEM TO PROVIDE WATER TO APPROXIMATELY 383 RESIDENCES, BUSINESSES, AND FARMS WHICH WOULD OTHERWISE NOT HAVE A RELIABLE SOURCE OF POTABLE WATER


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Board, Officers & Key Employees

Name (title)Compensation
Mike Lafitte
President
$0
Greg Robertson
Vice Preside
$0
Larry Anderson
Director
$0
Robert Davidson
Director
$0
Jack Barron
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$209,095
Investment income $92
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 $210,187

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