Hill Water Corporation

Organization Overview

Hill Water Corporation is located in Mooresville, IN. The organization was established in 1973. 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 12/2021, Hill Water Corporation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hill 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 12/2021, Hill Water Corporation generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 2.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PUMP, TREAT AND DISTRIBUTE POTABLE WATER TO ITS MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PUMP, TREAT, AND DISTRIBUTE WATER TO ITS MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Larry Long
Vice President
$2,475
Ron Wright
Secretary
$2,250
Ross Holloway
President
$2,250
Tim Standeford
Member
$2,250
Daryl Swinney
Member
$1,575

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,289,977
Investment income $157
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $7,200
Net Gain/Loss on Asset Sales $33,053
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,330,387

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