Orange Alamance Water System Incorporated
- Assets
- $4.2m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 12
- Location
- Mebane, NC
- Founding
- 05/1970
- Data as of
- 09/2022
- EIN
- 56-0928329
Organization Overview
Orange Alamance Water System Incorporated is located in Mebane, NC. The organization was established in 1970. 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 09/2022, Orange Alamance Water System Incorporated employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orange Alamance Water System Incorporated 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 09/2022, Orange Alamance Water System Incorporated generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $2.1m during the year ending 09/2022. 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
A COMMUNITY WATER SYSTEM PROVIDING WATER TO IT'S MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WATER SERVICES PROVIDED TO APPROXIMATELY 3,639 MEMBERS.
WATER SERVICES PROVIDED TO APPROXIMATELY 3,639 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Faye Metcalf President | Officer | 1 | $2,215 |
Ben Lloyd Director | Trustee | 1 | $1,850 |
Robert Riley Vice-Preside | Officer | 1 | $1,650 |
Sarah Jarvis Director | Trustee | 1 | $1,540 |
Perry Picket Director | Trustee | 1 | $1,420 |
John Payne Director | Trustee | 1 | $1,335 |
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 | $2,021,195 |
| Investment income | $2,605 |
| 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 | $2,073,050 |
| 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 | $438,988 |
| Pension plan accruals and contributions | $16,238 |
| Other employee benefits | $105,676 |
| Payroll taxes | $34,739 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $23,337 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $215,314 |
| Insurance | $24,822 |
| All other expenses | $200,570 |
| Total functional expenses | $2,097,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,593,527 |
| Savings and temporary cash investments | $106,244 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $174,166 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $49,843 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,275,069 |
| Investments—publicly traded securities | $40 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,198,889 |
| Accounts payable and accrued expenses | $226,542 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $409,629 |
| Total liabilities | $636,171 |
| Net assets without donor restrictions | $3,562,718 |
| 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 | $4,198,889 |
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Virginia Maryland Delaware Association Of Electric Cooperativ Glen Allen, VA | $4,896,321 | $7,911,064 |
Tennessee One-Call System Inc Nashville, TN | $15,040,368 | $8,322,679 |
Chesterfield County Rural Water Co Inc Chesterfield, SC | $24,541,515 | $7,004,107 |