Warren Community Water & Sewer Assn Inc
- Assets
- $11.0m
- Revenue
- $1.6m
- Investments
- $476.7k
- Employees
- 8
- Location
- Marietta, OH
- Founding
- 09/1980
- Data as of
- 12/2022
- EIN
- 31-0864333
Organization Overview
Warren Community Water & Sewer Assn Inc is located in Marietta, OH. The organization was established in 1980. 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 12/2022, Warren Community Water & Sewer Assn Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Warren Community Water & Sewer Assn Inc 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, Warren Community Water & Sewer Assn Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 0.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SAFE, CLEAN WATER TO RURAL CUSTOMERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CLEAN, SAFE WATER TO RURAL COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Allen President | OfficerTrustee | 1 | $3,240 |
James Abbott Trustee | Trustee | 1 | $3,750 |
Michael Clatterbuck Vice President | OfficerTrustee | 1 | $3,120 |
Francis Farnsworth Secretary/treasurer | OfficerTrustee | 1 | $2,964 |
Frank Caldwell Trustee | Trustee | 1 | $3,150 |
James Rogers Trustee | Trustee | 1 | $3,650 |
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 | $1,503,918 |
| Investment income | $43,450 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,572,368 |
| 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. | $22,724 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $308,582 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $300 |
| Fees for services: Accounting | $27,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,820 |
| Advertising and promotion | $0 |
| Office expenses | $57,257 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $155,655 |
| Travel | $16,215 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,822 |
| Interest | $69,821 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $569,618 |
| Insurance | $11,619 |
| All other expenses | $1,839 |
| Total functional expenses | $1,358,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,839,035 |
| Savings and temporary cash investments | $253,774 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $196,149 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $36,150 |
| Prepaid expenses and deferred charges | $12,113 |
| Net Land, buildings, and equipment | $4,893,987 |
| Investments—publicly traded securities | $3,323,168 |
| Investments—other securities | $476,676 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,031,052 |
| Accounts payable and accrued expenses | $32,321 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,475,381 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $31,088 |
| Total liabilities | $2,538,790 |
| Net assets without donor restrictions | $8,492,262 |
| 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 | $11,031,052 |