Coontail Water Association Inc

Organization Overview

Coontail Water Association Inc is located in Aberdeen, MS. The organization was established in 1968. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coontail 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 04/2022, Coontail Water Association Inc generated $205.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $230.6k during the year ending 04/2022. While expenses have increased by 1.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

COONTAIL WATER ASSOCIATION,INC. WAS FORMED IN 1966 TO SUPPLY WATER TO CUSTOMERS IN RURAL MONROE COUNTY, MISSISSIPPI; THE WATER ASSOCIATION SERVED APPROXIMATELY 437CUSTOMERS AT FISCAL YEAR END;

Describe the Organization's Program Activity:

Part 3 - Line 4a

COONTAIL WATER ASSOCIATION ,INC. WAS FORMED IN 1966 TO SUPPLY WATER TO CUSTOMERS IN RURAL MONROE COUNTY, MISSISSIPPI; THE WATER ASSOCIATION SERVED APPROXIMATELY 437 CUSTOMERS AT FISCAL YEAR END;


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Board, Officers & Key Employees

Name (title)Compensation
David Bourland
President
$0
Robert Thompson
Vice President
$0
Penny Fair
Sec/treas
$0
Billy Ray Rowell
Director
$0
James Howell
Director
$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$200,952
Investment income $4,117
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 $205,069

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