Denmark Water Association Inc
- Assets
- $335.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oxford, MS
- Founding
- 02/2019
- Data as of
- 08/2023
- EIN
- 64-0617631
Organization Overview
Denmark Water Association Inc is located in Oxford, MS. The organization was established in 2019. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denmark 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 08/2023, Denmark Water Association Inc generated $95.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $64.1k during the year ending 08/2023. While expenses have increased by 6.9% 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
2023
Describe the Organization's Program Activity:
Part 3
FURNISH AND DISTRIBUTE POTABLE WATER FOR MEMBERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marion Bowles President | 15 | $2,266 | |
Sherman Bowles Vice-President | 8 | $3,600 | |
Harold Brummett Director | 0.5 | $0 | |
Etta Key Director | 0.5 | $0 | |
Paula Hervey Director/acc Rec | 3 | $3,600 | |
Rita Smith Treasurer | 2 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $93,355 |
| Membership dues | $0 |
| Investment income | $1,917 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,272 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,041 |
| Professional fees and other payments to independent contractors | $11,250 |
| Occupancy, rent, utilities, and maintenance | $31,534 |
| Printing, publications, postage, and shipping | $2,232 |
| Other expenses | $8,004 |
| Total expenses | $64,061 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $257,380 |
| Other assets | $0 |
| Total assets | $335,669 |
| Total liabilities | $973 |
| Net assets or fund balances | $334,696 |