Deer Creek Water Corporation

Organization Overview

Deer Creek Water Corporation is located in Edmond, OK. The organization was established in 1974. 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 10/2020, Deer Creek Water Corporation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deer Creek Water Corporation 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 10/2020, Deer Creek Water Corporation generated $2.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $1.7m during the year ending 10/2020. While expenses have increased by 4.6% per year over the past 5 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE WATER UTILITY SERVICES TO THE MEMBERS IN DEER CREEK AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE WATER TO MEMBERS


PROVIDE WATER TO MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Larry Blair
Vice Preside
$0
Darryl Hay
Director
$0
David Miller
Director
$0
Maudean Wakefield
Sec/treas
$0
Melvin Lawson
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$106,000
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$851,118
Noncash contributions included in lines 1a–1f $851,118
Total Revenue from Contributions, Gifts, Grants & Similar$957,118
Total Program Service Revenue$0
Investment income $152,938
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$198,129
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,943,870

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