Westport Harbor Water Association Inc
- Assets
- $263.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westport, MA
- Founding
- Data as of
- 05/2024
- EIN
- 83-1805513
Organization Overview
Westport Harbor Water Association Inc is located in Westport, MA. 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. Westport Harbor Water Association 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 05/2024, Westport Harbor Water Association Inc generated $82.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $67.4k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 5 years. 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
2024
Describe the Organization's Program Activity:
Part 3
TO PROVIDE WATER SERVICES TO ITS MEMBERS IN WESTPORT HARBOR, MASSACHUSETTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline Fenn Executive Vice President | 1 | $0 | |
Keith S Watson Director | 1 | $0 | |
Andrew Schilling Treasurer | 1 | $0 | |
Henry Drinker Director | 1 | $0 | |
William F Krause Director | 1 | $0 | |
Dana Guild Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $81,875 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $98 |
| Total Revenue | $81,973 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $22,559 |
| Occupancy, rent, utilities, and maintenance | $8,181 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,632 |
| Total expenses | $67,372 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,312 |
| Other assets | $0 |
| Total assets | $263,695 |
| Total liabilities | $147,879 |
| Net assets or fund balances | $115,816 |