Mc Clendon Water Well Inc
- Assets
- $65.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Monroe, LA
- Founding
- 03/1970
- Data as of
- 12/2022
- EIN
- 72-6041876
Organization Overview
Mc Clendon Water Well Inc is located in West Monroe, LA. The organization was established in 1970. 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. Mc Clendon Water Well 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, Mc Clendon Water Well Inc generated $33.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $38.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William W Lovett Officer | 0 | $2,400 | |
Lee Alderman Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $97 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $33,593 |
| Total Revenue | $33,690 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,169 |
| Professional fees and other payments to independent contractors | $6,592 |
| Occupancy, rent, utilities, and maintenance | $14,264 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,422 |
| Total expenses | $38,447 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,834 |
| Other assets | $0 |
| Total assets | $65,414 |
| Total liabilities | $367 |
| Net assets or fund balances | $65,047 |
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