Union Springs Water System Inc
- Assets
- $489.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Converse, LA
- Founding
- 05/1994
- Data as of
- 12/2022
- EIN
- 72-0873749
Organization Overview
Union Springs Water System Inc is located in Converse, LA. The organization was established in 1994. 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. Union Springs 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 12/2022, Union Springs Water System Inc generated $175.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $174.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED AN UNLIMITED SUPPLY OF POTABLE WATER TO 406 MEMBERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ryals President | 20 | $6,100 | |
Bill Jarrett Vice President | 5 | $0 | |
Chad Fishel Secretary Treasurer | 20 | $12,050 | |
George Crain Director | 5 | $0 | |
Douglas Rascoe Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $175,001 |
| Membership dues | $0 |
| Investment income | $145 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $175,146 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,350 |
| Professional fees and other payments to independent contractors | $5,005 |
| Occupancy, rent, utilities, and maintenance | $30,414 |
| Printing, publications, postage, and shipping | $1,642 |
| Other expenses | $91,183 |
| Total expenses | $174,594 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $156,319 |
| Other assets | $0 |
| Total assets | $489,766 |
| Total liabilities | $107,723 |
| Net assets or fund balances | $382,043 |