D Arbonne Water System Inc
- Assets
- $3.6m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 7
- Location
- Bernice, LA
- Founding
- 02/1986
- Data as of
- 12/2021
- EIN
- 72-0960237
Organization Overview
D Arbonne Water System Inc is located in Bernice, LA. The organization was established in 1986. 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, D Arbonne Water System Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. D Arbonne 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 12/2021, D Arbonne Water System Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 3.7% 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
PROVIDE WATER SERVICES TO RURAL CUSTOMERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED WATER SERVICES TO AN AVERAGE OF 2,156 CUSTOMERS IN NORTH LOUISIANA AND SOUTH ARKANSAS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Minor Patton President | OfficerTrustee | 10 | $10,200 |
Johnny Buckley 1st Vice President | OfficerTrustee | 1 | $8,400 |
James W Russell Treasurer | OfficerTrustee | 1 | $8,400 |
Pat Risinger 2nd Vice President | OfficerTrustee | 1 | $8,400 |
Rodney Smith Secretary | OfficerTrustee | 1 | $8,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $23,065 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $23,065 |
| Total Program Service Revenue | $1,180,878 |
| Investment income | $13,751 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,840 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,270,962 |
| 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. | $43,800 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $287,887 |
| Pension plan accruals and contributions | $8,101 |
| Other employee benefits | $5,360 |
| Payroll taxes | $23,371 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $435 |
| Fees for services: Accounting | $900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,021 |
| Advertising and promotion | $0 |
| Office expenses | $12,003 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,673 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $32,364 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $357,935 |
| Insurance | $42,118 |
| All other expenses | $56,110 |
| Total functional expenses | $1,204,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,322 |
| Savings and temporary cash investments | $282,698 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $98,254 |
| 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 | $14,662 |
| Net Land, buildings, and equipment | $3,018,484 |
| Investments—publicly traded securities | $142,723 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $51,468 |
| Total assets | $3,618,611 |
| Accounts payable and accrued expenses | $35,650 |
| 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 | $710,111 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,037 |
| Total liabilities | $755,798 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $2,862,813 |
| Total liabilities and net assets/fund balances | $3,618,611 |
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