Cottonplant Water System Inc
- Assets
- $403.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grayson, LA
- Founding
- 03/2003
- Data as of
- 12/2022
- EIN
- 72-0811046
Organization Overview
Cottonplant Water System Inc is located in Grayson, LA. The organization was established in 2003. 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. Cottonplant 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 12/2022, Cottonplant Water System Inc generated $131.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $136.5k during the year ending 12/2022. While expenses have increased by 1.6% per year over the past 8 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
PROVIDED WATER TO APPROXIMATELY 258 MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Thraser Director | 0 | $0 | |
Dale Crain Director | 0 | $0 | |
Will Adkins Director | 0 | $0 | |
Dewey Honeycutt Vice President | 0 | $0 | |
Marie Childress President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $131,802 |
| Membership dues | $0 |
| Investment income | $63 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,865 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,793 |
| Professional fees and other payments to independent contractors | $1,155 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,392 |
| Other expenses | $128,208 |
| Total expenses | $136,548 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,987 |
| Other assets | $0 |
| Total assets | $403,286 |
| Total liabilities | $3,788 |
| Net assets or fund balances | $399,498 |
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