Calvary Rural Water Association Inc
- Assets
- $881.4k
- Revenue
- $143.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Louisville, MS
- Founding
- 01/1986
- Data as of
- 12/2021
- EIN
- 64-0529753
Organization Overview
Calvary Rural Water Association Inc is located in Louisville, MS. The organization was established in 1986. 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 12/2021, Calvary Rural Water Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Calvary Rural 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 12/2021, Calvary Rural Water Association Inc generated $143.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $170.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RURAL WATER ASSOCIATION FORMED TO PROVIDE SAFE DRINKING WATER TO THE CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RURAL WATER ASSOCIATION FORMED TO PROVIDE SAFE DRINKING WATER TO THE PUBLIC
RURAL WATER ASSOCIATION FORMED TO PROVIDE SAFE DRINKING WATER TO THEIR CUSTOMERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Higginbotham Vice-Preside | Officer | $0 | |
Guy Young President | Officer | $0 | |
Tessie Higginbotham Sec/treasure | Officer | $0 | |
Betty Boswell Director | Trustee | $0 | |
Ralph Clark Director | Trustee | $0 | |
Ryan Gilmer Director | Trustee | $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 | $0 |
| Investment income | $1,644 |
| 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 | $143,321 |
| 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 | $37,540 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,384 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,650 |
| 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 | $3,574 |
| 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 | $19,751 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,596 |
| Insurance | $8,167 |
| All other expenses | $58,309 |
| Total functional expenses | $169,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,631 |
| Savings and temporary cash investments | $197,570 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $607,162 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30 |
| Total assets | $881,393 |
| Accounts payable and accrued expenses | $1,789 |
| 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 | $407,466 |
| Other liabilities | $685,786 |
| Total liabilities | $1,095,041 |
| Net assets without donor restrictions | $0 |
| 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 | -$213,648 |
| Total liabilities and net assets/fund balances | $881,393 |
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