Chataignier Water System Inc
- Assets
- $109.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chataignier, LA
- Founding
- 02/1972
- Data as of
- 06/2022
- EIN
- 72-0702503
Organization Overview
Chataignier Water System Inc is located in Chataignier, LA. The organization was established in 1972. 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. Chataignier Water System 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 06/2022, Chataignier Water System Inc generated $193.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $272.8k during the year ending 06/2022. While expenses have increased by 10.6% 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
WATER SYSTEM SERVING 378 MEMBERS WITH WATER FOR DOMESTIC AND COMMERICAL PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Darbonne Board Member | 1 | $0 | |
Burley Landry Board Member | 1 | $0 | |
John Brasseaux Treasurer | 1 | $0 | |
Blaine Vidrine Board Member | 1 | $0 | |
Anthony Rozas President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $193,027 |
| Membership dues | $0 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $193,053 |
| 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 | $8,815 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $264,020 |
| Total expenses | $272,835 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,468 |
| Other assets | $0 |
| Total assets | $109,744 |
| Total liabilities | $184,074 |
| Net assets or fund balances | -$74,330 |
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