Concord Water System Inc
- Assets
- $225.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marion, LA
- Founding
- 12/1984
- Data as of
- 12/2021
- EIN
- 72-0987669
Organization Overview
Concord Water System Inc is located in Marion, LA. The organization was established in 1984. 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. Concord Water System Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Concord Water System Inc generated $78.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.5% each year . All expenses for the organization totaled $68.6k during the year ending 12/2021. While expenses have increased by 12.0% per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
THE RURAL COMMUNITY BENEFITS FROM CLEAN DRINKING WATER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Taylor Secretary | 10 | $4,000 | |
Nellie Mangum President | 10 | $2,560 | |
Jennifer Rowland Board Member | 1 | $0 | |
Jerome Rowland Board Membefr | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jimmy Caldwell | 12/30/21 | $4,800 |
Danny Gatson | 12/30/21 | $2,560 |
Bettye Tramble | 12/30/21 | $1,460 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $668 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $77,564 |
| Total Revenue | $78,232 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,065 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $48,626 |
| Printing, publications, postage, and shipping | $907 |
| Other expenses | $0 |
| Total expenses | $68,598 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,972 |
| Other assets | $0 |
| Total assets | $225,559 |
| Total liabilities | $2,922 |
| Net assets or fund balances | $222,637 |
Peer Organizations
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|---|---|---|
Bear Creek Water Association Inc Madison, MS | $98,155,585 | $12,566,846 |
Kempner Water Supply Corporation Kempner, TX | $46,955,642 | $10,456,487 |
Manville Water Supply Corporation Coupland, TX | $109,988,444 | $18,573,259 |
Pontotoc Electric Power Assn Pontotoc, MS | $90,087,591 | $12,564,060 |
Tishomingo Co Electric Power Assn Iuka, MS | $49,362,080 | $9,007,750 |
Bethesda Water Supply Corporation Burleson, TX | $36,838,257 | $9,659,977 |
East Rio Hondo Water Supply Corporation Rio Hondo, TX | $63,118,538 | $9,151,947 |
Agc Of Texas Highway Heavy Utilities & Industrial Branch Austin, TX | $17,850,267 | $8,346,653 |
Sardis Lone Elm Water Supply Midlothian, TX | $34,981,504 | $8,597,033 |
Springs Hill Water Supply Corporation Seguin, TX | $37,314,474 | $9,616,951 |
Central Texas Water Supply Corporation Harker Heights, TX | $32,847,365 | $5,593,404 |
Sam Rayburn Dam Electric Cooperative Inc Nacogdoches, TX | $6,213,998 | $4,564,242 |