Pfeiffer-North Stanly Water Association Inc

Organization Overview

Pfeiffer-North Stanly Water Association Inc is located in Richfield, NC. The organization was established in 1964. 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 05/2024, Pfeiffer-North Stanly Water Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pfeiffer-North Stanly Water Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 05/2024, Pfeiffer-North Stanly Water Association Inc generated $869.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $685.6k during the year ending 05/2024. While expenses have increased by 11.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE WATER AND WATER SERVICE TO MEMBERS IN NORTHERN STANLY COUNTY, NC. THE ASSOCIATION HAS ALSO CONSTRUCTED WATER LINES TO DELIVER WATER PURCHASED FROM THE CITY OF ALBEMARLE

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE WATER AND WATER SERVICES TO MEMBERS IN NORTHERN STANLY COUNTY


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Board, Officers & Key Employees

Name (title)Compensation
Bob Hinson
Director
$0
Richard Cosgrove
President
$0
Jack Ingram
Vice President
$0
Amy Shelton
Director
$0
Lane Peeler
Secretarytreasurer
$0
Brian Burnside
Key Employee
$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$0
Investment income $50,020
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 $717,084
Miscellaneous Revenue$0
Total Revenue $869,136

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