James Fork Regional Water District is located in Greenwood, AR. The organization was established in 1970. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, James Fork Regional Water District employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James Fork Regional Water District 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 12/2022, James Fork Regional Water District generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $4.0m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE WATER TO RESIDENTS IN SOUTH SEBASTIAN AND PORTIONS OF SCOTT COUNTY ARKANSAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SALES OF WATER TO RESIDENTS IN SOUTH SEBASTIAN AND PORTION OF SCOTT COUNTY ARKANSAS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terry Duboise Chairman | OfficerTrustee | $0 | |
Stanhope Wilkinson Secretary | OfficerTrustee | $0 | |
Dr Steve Roberts Director | Trustee | $0 | |
Gene Wahl Director | Trustee | $0 | |
Shirley Walters Director | Trustee | $0 |
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 | $3,834,795 |
Investment income | $10,471 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,000 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,881,820 |
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 | $785,442 |
Pension plan accruals and contributions | $101,845 |
Other employee benefits | $0 |
Payroll taxes | $60,197 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $49,275 |
Advertising and promotion | $0 |
Office expenses | $11,057 |
Information technology | $21,650 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,840 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $488,997 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,130,989 |
Insurance | $270,929 |
All other expenses | $169,178 |
Total functional expenses | $4,041,181 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $414,986 |
Savings and temporary cash investments | $1,585,544 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $417,637 |
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 | $134,271 |
Net Land, buildings, and equipment | $21,578,990 |
Investments—publicly traded securities | $0 |
Investments—other securities | $525,701 |
Investments—program-related | $0 |
Intangible assets | $1,045,555 |
Other assets | $296,880 |
Total assets | $25,999,564 |
Accounts payable and accrued expenses | $97,956 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $18,190,000 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,210,290 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,414,343 |
Total liabilities | $20,912,589 |
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 | $5,086,975 |
Total liabilities and net assets/fund balances | $25,999,564 |
Organization Name | Assets | Revenue |
---|---|---|
Coahoma Electric Power Assn Lyon, MS | $50,480,063 | $20,605,799 |
Missouri Rural Electric Cooperative Palmyra, MO | $37,368,089 | $19,573,881 |
Aqua Water Supply Corporation Bastrop, TX | $136,381,619 | $28,670,097 |
Gascosage Electric Cooperative Dixon, MO | $57,774,455 | $19,748,899 |
North Central Missouri Electric Cooperative Inc Milan, MO | $39,341,969 | $18,294,115 |
City Corporation Russellville, AR | $192,508,552 | $18,660,828 |
Lewis County Rural Electric Cooperative Association Lewistown, MO | $54,864,852 | $16,122,435 |
Alcorn County Electric Power Association Corinth, MS | $107,123,733 | $19,179,595 |
Texas Reliability Entity Inc Austin, TX | $5,509,609 | $14,208,096 |
Grundy Electric Cooperative Incorporated Trenton, MO | $55,809,361 | $15,893,740 |
Coleman County Electric Cooperative Inc Coleman, TX | $33,830,324 | $14,379,363 |
Tri-County Electric Cooperative Association Incorporated Lancaster, MO | $42,817,850 | $14,224,922 |