South 43 Water Association Inc

Organization Overview

South 43 Water Association Inc is located in Greencastle, IN. The organization was established in 1983. 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. South 43 Water Association 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, South 43 Water Association Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 43.3% each year . All expenses for the organization totaled $166.0k during the year ending 12/2022. While expenses have increased by 7.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE POTABLE WATER TO UNDERSERVED, RURAL AREAS OF PUTNAM COUNTY, INDIANA WHICH ARE OUTSIDE OF ANY MUNICIPAL WATER SERVICE AREAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE POTABLE WATER TO AREAS SOUTH AND NORTH OF GREENCASTLE, INDIANA NOT SERVED BY A MUNICIPAL WATER SERVICE.


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Board, Officers & Key Employees

Name (title)Compensation
James Pritchard
President
$0
Jerod L Chew
Secretary/tr
$0
Chris Duell
Vice Preside
$0
Dan Mcmains
Past Preside
$0
Chris Brotherton
Director
$0
Dawn Puckett
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,250,000
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$1,250,000
Total Program Service Revenue$7,806
Investment income $7,062
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 $201,979
Miscellaneous Revenue$0
Total Revenue $1,481,233

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