Sellers Station Water System Inc

Organization Overview

Sellers Station Water System Inc is located in Lapine, AL. The organization was established in 1974. 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. Sellers Station Water System 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 12/2021, Sellers Station Water System Inc generated $332.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $314.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE WATER SERVICE

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SYSTEM PROVIDES WATER SERVICE TO OVER 500 MEMBERS. ALL EXPENSES ARE INCURRED IN THE OPERATION AND MAINTENANCE OF THE WATER SYSTEM.


THE SYSTEM ENTERED INTO AN AGREEMENT WITH A MANAGEMENT SERVICE COMPANY TO BETTER FACILITATE WATER SERVICE TO ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Bill Findley
Secretary/tr
$0
Max Lail
At Large
$0
Robbie Nichols
Vice Preside
$0
Bobby Perry
At Large
$0
Dan Singleton
President
$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$331,651
Investment income $691
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 $332,353

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