Northeast Water Association
- Assets
- $278.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dewitt, AR
- Founding
- 09/1995
- Data as of
- 12/2022
- EIN
- 58-2054791
Organization Overview
Northeast Water Association is located in Dewitt, AR. The organization was established in 1995. 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. Northeast Water Association 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, Northeast Water Association generated $30.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $37.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FURNISH WATER TO RURAL AREA OF ARKANSAS COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Mckinley Director | 0 | $0 | |
James Adams Director | 0 | $0 | |
Eddie Roberson President | 0 | $0 | |
Brad Koen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $289 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,083 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,600 |
| Professional fees and other payments to independent contractors | $5,000 |
| Occupancy, rent, utilities, and maintenance | $1,396 |
| Printing, publications, postage, and shipping | $2,704 |
| Other expenses | $6,422 |
| Total expenses | $37,122 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $278,367 |
| Other assets | $0 |
| Total assets | $278,367 |
| Total liabilities | $30,104 |
| Net assets or fund balances | $248,263 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bear Creek Water Association Inc Madison, MS | $98,155,585 | $12,566,846 |
Chickasaw Electric Cooperative Inc Somerville, TN | $53,475,417 | $11,540,498 |
Kempner Water Supply Corporation Kempner, TX | $46,955,642 | $10,456,487 |
Manville Water Supply Corporation Coupland, TX | $109,988,444 | $18,573,259 |
Pontotoc Electric Power Assn Pontotoc, MS | $90,087,591 | $12,564,060 |
Tishomingo Co Electric Power Assn Iuka, MS | $49,362,080 | $9,007,750 |
Bethesda Water Supply Corporation Burleson, TX | $36,838,257 | $9,659,977 |
East Rio Hondo Water Supply Corporation Rio Hondo, TX | $63,118,538 | $9,151,947 |
Agc Of Texas Highway Heavy Utilities & Industrial Branch Austin, TX | $17,850,267 | $8,346,653 |
Howard Electric Cooperative Fayette, MO | $26,616,692 | $7,850,430 |
Sardis Lone Elm Water Supply Midlothian, TX | $34,981,504 | $8,597,033 |
Tennessee One-Call System Inc Nashville, TN | $15,040,368 | $8,322,679 |