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 12/2021, Quonochontaug East Beach Association Water Corp generated $71.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $50.8k during the year ending 12/2021. While expenses have increased by 3.7% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE WATER TO THE RESIDENCES OF THE EAST BEACH AREA OF CHARLESTOWN, RI.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Pompei Director | 1.5 | $0 | |
Timothy Mesenbourg President | 2 | $0 | |
Sandra Champion Secretary | 1 | $0 | |
Peter Goodwin Director | 0.5 | $0 | |
Ken Andrew Director | 2 | $0 | |
Willam Balcezak V. President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $70,815 |
Investment income | $738 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $71,553 |
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 | $2,810 |
Occupancy, rent, utilities, and maintenance | $10,867 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $37,095 |
Total expenses | $50,772 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $183,125 |
Other assets | $0 |
Total assets | $226,384 |
Total liabilities | $0 |
Net assets or fund balances | $226,384 |
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