Gray Rock Water Users Association is located in Paris, AR. The organization was established in 2002. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gray Rock Water Users 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 06/2022, Gray Rock Water Users Association generated $142.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $134.9k during the year ending 06/2022. While expenses have increased by 1.5% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE WATER SERVICES TO MEMBERS IN GRAY ROCK, ARKANSAS AND THE SURROUNDING AREAS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Russell Featherston Board Member | 0 | $0 | |
Wayne Grist President | 1 | $0 | |
Marvin Wiggins Board Member | 0 | $0 | |
Robert Bates Board Member | 0 | $0 | |
James Collier Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $142,600 |
Membership dues | $0 |
Investment income | $182 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $142,782 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $14,194 |
Professional fees and other payments to independent contractors | $20,831 |
Occupancy, rent, utilities, and maintenance | $1,354 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $98,492 |
Total expenses | $134,871 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $88,620 |
Other assets | $0 |
Total assets | $127,669 |
Total liabilities | $25,688 |
Net assets or fund balances | $101,981 |
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