Lake Como Water Association Inc
- Assets
- $138.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crescent City, FL
- Founding
- 12/1972
- Data as of
- 12/2022
- EIN
- 59-1399304
Organization Overview
Lake Como Water Association Inc is located in Crescent City, FL. The organization was established in 1972. 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. Lake Como 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, Lake Como Water Association Inc generated $55.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $53.4k during the year ending 12/2022. While expenses have increased by 2.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WATER SALES 200 HOMES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Travis President | 2 | $0 | |
Larry Rowe V Pres | 1 | $0 | |
Stephen Mahn Treas | 2 | $0 | |
Kate Mahn Secretary | 2 | $0 | |
Robert Briant Meter Reader | 18 | $14,784 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $55,555 |
| Total Revenue | $55,555 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,784 |
| Professional fees and other payments to independent contractors | $4,900 |
| Occupancy, rent, utilities, and maintenance | $24,260 |
| Printing, publications, postage, and shipping | $852 |
| Other expenses | $8,575 |
| Total expenses | $53,371 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,722 |
| Other assets | $0 |
| Total assets | $137,975 |
| Total liabilities | $13,631 |
| Net assets or fund balances | $124,344 |