Oak Grove Water Association
- Assets
- $392.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ellisville, MS
- Founding
- 03/2002
- Data as of
- 03/2023
- EIN
- 64-0944834
Organization Overview
Oak Grove Water Association is located in Ellisville, MS. The organization was established in 2002. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oak Grove 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 03/2023, Oak Grove Water Association generated $177.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $172.4k during the year ending 03/2023. While expenses have increased by 10.5% per year over the past 3 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
ACQUIRE WATER FOR 500 CUSTOMERS BY PUMPING AND TREATING WATER, OPERATING, MAINTAINING, AND REPAIRING EQUIPMENT AND WATER LINES NECESSARY FOR OPERATION OF A RURAL WATER ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | 10 | $0 | |
Name Not Listed Vice President | 10 | $0 | |
Name Not Listed Board Director | 10 | $0 | |
Name Not Listed Secretary/treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $177,210 |
| Membership dues | $0 |
| Investment income | $368 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $177,578 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $36,878 |
| Occupancy, rent, utilities, and maintenance | $89,279 |
| Printing, publications, postage, and shipping | $3,041 |
| Other expenses | $43,213 |
| Total expenses | $172,411 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $367,122 |
| Other assets | $0 |
| Total assets | $392,329 |
| Total liabilities | $25,207 |
| Net assets or fund balances | $367,122 |