Webster-Center Water Association
- Assets
- $167.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eupora, MS
- Founding
- Data as of
- 12/2020
- EIN
- 64-0608447
Organization Overview
Webster-Center Water Association is located in Eupora, MS. Webster-Center 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 12/2020, Webster-Center Water Association generated $47.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $38.5k during the year ending 12/2020. While expenses have increased by 3.1% per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
TO PROVIDE WATER TO THE RURAL AREA SERVED.
TO PROVIDE WATER TO THE RURAL AREA SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Morelan Vice Preside | 0 | $4,475 | |
Gail R Edwards President | 0 | $0 | |
Ren Gary Board Member | 0 | $0 | |
Ricky Watson Board Member | 0 | $0 | |
Larry Watson Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,960 |
| Membership dues | $0 |
| Investment income | $105 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,065 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,705 |
| Professional fees and other payments to independent contractors | $5,612 |
| Occupancy, rent, utilities, and maintenance | $3,927 |
| Printing, publications, postage, and shipping | $601 |
| Other expenses | $14,628 |
| Total expenses | $38,473 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,504 |
| Other assets | $0 |
| Total assets | $167,766 |
| Total liabilities | $29,523 |
| Net assets or fund balances | $138,243 |
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