Leaf Water Association Inc
- Assets
- $304.5k
- Revenue
- $75.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Mc Lain, MS
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 64-0792340
Organization Overview
Leaf Water Association Inc is located in Mc Lain, MS. The organization was established in 2018. 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. As of 12/2021, Leaf Water Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leaf 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, Leaf Water Association Inc generated $75.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $76.4k 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
PROVIDE SAFE CLEAN DRINKING WATER TO COMMUNITY RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SAFE DRINKING WATER TO COMMUNITY RESIDENTS.
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 |
|---|---|---|---|
Vonceil Goff Director | Officer | 0 | $0 |
Kyle Woods Director | Officer | 0 | $0 |
Eileen Mann Director | Officer | 0 | $0 |
Pam Mclendon Vice President | Officer | 0 | $0 |
William Gammill President | Officer | 0 | $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 | $72,288 |
| Investment income | $9 |
| 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 | $75,867 |
| 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 | $12,841 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,082 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,725 |
| 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 | $0 |
| Information technology | $3,988 |
| Royalties | $0 |
| Occupancy | $6,480 |
| Travel | $1,100 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,296 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,081 |
| Insurance | $3,523 |
| All other expenses | $14,958 |
| Total functional expenses | $76,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,710 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,417 |
| 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 | $252,349 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $304,476 |
| Accounts payable and accrued expenses | $942 |
| 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 | $265,109 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $266,051 |
| 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 | $38,425 |
| Total liabilities and net assets/fund balances | $304,476 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dixie Community Utility Association Hattiesburg, MS | $4,284,308 | $1,153,354 |
Hamilton Water District Inc Hamilton, MS | $4,106,843 | $887,369 |
Southwest Lauderdale Water Association Inc Meridian, MS | $7,343,425 | $1,197,114 |
Better Waterworks Inc Swartz, LA | $3,539,567 | $485,708 |
Yokena Jeff Davis Water District Inc Vicksburg, MS | $1,956,064 | $783,016 |
Lily Rose Water Association Inc Prentiss, MS | $6,757,878 | $486,671 |
Sterrett-Vandiver Water System Inc Sterrett, AL | $2,343,775 | $716,706 |
Big V Water Association Booneville, MS | $4,893,512 | $629,362 |
Kipling Water Assn Dekalb, MS | $3,891,971 | $498,208 |
Northeast Perry County Utility Association Richton, MS | $2,850,612 | $553,065 |
N-E-W Carroll Water Association Kilbourne, LA | $981,756 | $568,672 |
Northeast Jeff Davis Water Association Prentiss, MS | $4,782,238 | $448,055 |