Quonochontaug East Beach Association Water Corp
- Assets
- $238.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlestown, RI
- Founding
- 04/2004
- Data as of
- 12/2022
- EIN
- 05-0348804
Organization Overview
Quonochontaug East Beach Association Water Corp is located in Charlestown, RI. The organization was established in 2004. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quonochontaug East Beach Association Water Corp 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, Quonochontaug East Beach Association Water Corp generated $77.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $62.5k during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE WATER TO THE RESIDENCES OF THE EAST BEACH AREA OF CHARLESTOWN, RI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Pompei Director | 0.5 | $0 | |
Timothy Mesenbourg President | 3 | $0 | |
Sandra Champion Director | 0.5 | $0 | |
Ken Andrew Director | 2 | $0 | |
Peter Goodwin Director | 0.5 | $0 | |
Willam Balcezak V. President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $77,270 |
| Investment income | $501 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,771 |
| 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 | $2,836 |
| Occupancy, rent, utilities, and maintenance | $10,311 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,389 |
| Total expenses | $62,536 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $198,145 |
| Other assets | $0 |
| Total assets | $238,144 |
| Total liabilities | $0 |
| Net assets or fund balances | $238,144 |