Mountain Water Association
- Assets
- $2.9m
- Revenue
- $884.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Fairchance, PA
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 25-1342973
Organization Overview
Mountain Water Association is located in Fairchance, PA. The organization was established in 1997. 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. Mountain 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 12/2022, Mountain Water Association generated $884.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $912.3k during the year ending 12/2022. While expenses have increased by 4.8% per year over the past 4 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN THE UTILITY SYSTEM WHICH PROVIDES SERVICES TO THE COMMUNITY AS SET FORTH IN THE BY-LAW OF THE ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WATER MAINTENANCE AND SUPPLY WAS PROVIDED TO THE PRESCRIBED AREA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Close President | OfficerTrustee | 1 | $0 |
Steve Baker Vice President | OfficerTrustee | 1 | $0 |
Ronald Dennis Secretary/treasurer | OfficerTrustee | 1 | $0 |
Greg Hearn Member | Trustee | 1 | $0 |
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 | $883,395 |
| Investment income | $763 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $884,158 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $135,297 |
| Pension plan accruals and contributions | $9,450 |
| Other employee benefits | $25,704 |
| Payroll taxes | $10,943 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,493 |
| Fees for services: Accounting | $4,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,136 |
| Advertising and promotion | $105 |
| Office expenses | $8,832 |
| Information technology | $4,908 |
| Royalties | $0 |
| Occupancy | $16,853 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,683 |
| Insurance | $17,440 |
| All other expenses | $22,697 |
| Total functional expenses | $912,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $263,737 |
| Savings and temporary cash investments | $214,693 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $103,927 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,716 |
| Net Land, buildings, and equipment | $2,290,250 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,950 |
| Total assets | $2,881,273 |
| Accounts payable and accrued expenses | $12,062 |
| Grants payable | $0 |
| Deferred revenue | $1,680 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,742 |
| Net assets without donor restrictions | $2,867,531 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,881,273 |