River Road Water Works Inc
- Assets
- $561.8k
- Revenue
- $564.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Rayville, LA
- Founding
- 09/1991
- Data as of
- 12/2021
- EIN
- 72-0873124
Organization Overview
River Road Water Works Inc is located in Rayville, LA. The organization was established in 1991. 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 12/2021, River Road Water Works Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. River Road Water Works 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 12/2021, River Road Water Works Inc generated $564.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $543.3k during the year ending 12/2021. While expenses have increased by 5.9% 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
PROVIDING WATER SERVICES TO RURAL CUSTOMERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING WATER SERVICES FOR RURAL CUSTOMERS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Branch Vice President | Officer | 2 | $0 |
Jason Morris Operator | Officer | 40 | $0 |
James Hough President | Officer | 2 | $0 |
Matt Philley Secretary | Officer | 2 | $0 |
Angela Mills Office Manager | Officer | 40 | $0 |
Bendel Clack Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,669 |
| 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 | $47,669 |
| Total Program Service Revenue | $506,389 |
| Investment income | $125 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,400 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $564,583 |
| 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. | $74,555 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,811 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $3,685 |
| Advertising and promotion | $273 |
| Office expenses | $90,514 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $210,071 |
| Travel | $6,557 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,986 |
| Insurance | $16,846 |
| All other expenses | $0 |
| Total functional expenses | $543,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,900 |
| Savings and temporary cash investments | $48,593 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,211 |
| 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 | $4,024 |
| Net Land, buildings, and equipment | $330,054 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $561,782 |
| Accounts payable and accrued expenses | $10,160 |
| 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 | $62,270 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,593 |
| Total liabilities | $78,023 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $63,200 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $420,559 |
| Total liabilities and net assets/fund balances | $561,782 |
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