South Lawrence Water Corporation

Organization Overview

South Lawrence Water Corporation is located in Sumner, IL. The organization was established in 2001. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, South Lawrence Water Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Lawrence 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 12/2023, South Lawrence Water Corporation generated $714.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $669.0k during the year ending 12/2023. While expenses have increased by 6.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

OWNERSHIP AND OPERATION OF A WATER SUPPLY FACILITY FOR DRINKING AND GENERAL DOMESTIC USE ON A MUTUAL AID OR COOPERATIVE BASIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE WATER TO CUSTOMERS IN SOUTHERN RURAL LAWRENCE COUNTY, ILLINOIS.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Emmons
President
$0
John King
Vice President
$0
Carl Price
Director
$0
Brad Buchanan
Director
$0
Lloyd Schrader
Director
$0
Doug York
Director
$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$702,419
Investment income $7,106
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 $714,479

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