Mamou Road Water System Inc
- Assets
- $929.4k
- Revenue
- $431.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Eunice, LA
- Founding
- 07/1974
- Data as of
- 06/2021
- EIN
- 72-0740137
Organization Overview
Mamou Road Water System Inc is located in Eunice, LA. The organization was established in 1974. 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 06/2021, Mamou Road Water System Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mamou Road Water System Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2021, Mamou Road Water System Inc generated $431.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $377.5k during the year ending 06/2021. While expenses have increased by 2.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE WATER TO RURAL MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE WATER TO THE RURAL AREAS NORTH OF THE CITY OF EUNICE,IN THE COMMUNITIES OF LANSE MEG,FENRIS, AND DURALD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Ardoin Secretary/tr | Officer | 40 | $62,634 |
Kevin Deville President | Officer | 1 | $900 |
Mike Vidrine Member | Trustee | $600 | |
Cyprien Charles Johnson Member | Trustee | 1 | $550 |
Glen David Member | Trustee | 1 | $500 |
Whitney Manuel Jr Vice Preside | Officer | 1 | $450 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $1,145 |
| 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 | $431,086 |
| Statement of Expenses | |
|---|---|
| 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. | $3,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $114,096 |
| Pension plan accruals and contributions | $16,966 |
| Other employee benefits | $17,854 |
| Payroll taxes | $8,954 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,584 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $234 |
| Office expenses | $8,159 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,707 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,522 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,802 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $377,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,577 |
| Savings and temporary cash investments | $47,058 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,464 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,000 |
| Prepaid expenses and deferred charges | $6,189 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $345 |
| Total assets | $929,400 |
| Accounts payable and accrued expenses | $5,918 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $439,823 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $34,448 |
| Total liabilities | $480,189 |
| 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 |
| Total liabilities and net assets/fund balances | $449,211 |
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