Goshen Water Association is located in Carthage, MS. The organization was established in 1971. 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. Goshen Water Association 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 12/2023, Goshen Water Association generated $84.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $88.6k during the year ending 12/2023. While expenses have increased by 6.0% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
THE PRIMARY PURPOSE OF THE ASSOCIATION IS TO PROVIDE COMMUNITY WATER FOR THE GOSHEN COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Phil Rhinewalt Director | 0 | $0 | |
Billy Barrett Secretary | 0 | $0 | |
Robert Faulkner President | 0 | $0 | |
Sam Valentine Vice President | 0 | $0 | |
Ed Heidorn Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $79,347 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $5,546 |
Total Revenue | $84,893 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $21,510 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $67,138 |
Total expenses | $88,648 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $114,170 |
Other assets | $0 |
Total assets | $405,899 |
Total liabilities | $168,031 |
Net assets or fund balances | $237,868 |