Yocona Water Association Inc
- Assets
- $414.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Oxford, MS
- Founding
- Data as of
- 12/2023
- EIN
- 64-0514036
Organization Overview
Yocona Water Association Inc is located in Oxford, MS. As of 12/2023, Yocona Water Association Inc employed 5 individuals. Yocona 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 12/2023, Yocona Water Association Inc generated $169.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $142.7k during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE WATER SERVICES TO RURAL CUSTOMERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Vanderlip President | 4 | $0 | |
Joe J Hogan Jr Vice President | 0 | $0 | |
Carole Arnold Treasurer | 25 | $12,439 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $166,929 |
| Membership dues | $710 |
| Investment income | $1,752 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $169,391 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,036 |
| Professional fees and other payments to independent contractors | $6,977 |
| Occupancy, rent, utilities, and maintenance | $72,596 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,101 |
| Total expenses | $142,710 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,431 |
| Other assets | $0 |
| Total assets | $414,095 |
| Total liabilities | $289,381 |
| Net assets or fund balances | $124,714 |