Bistineau Water System Inc is located in Heflin, LA. The organization was established in 1987. 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 12/2022, Bistineau Water System Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bistineau 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, Bistineau Water System Inc generated $117.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $158.5k during the year ending 12/2022. 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
PROVIDING CLEAN AND SAFE WATER FROM MEMBERS OF WATER SYSTEM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dale Hutchins President-Board Member | 2 | $0 | |
Scott Mizell Board Member | 2 | $0 | |
David Reeves Board Member | 2 | $0 | |
Chris Walker Operator/board Member | 26 | $23,610 | |
Tommy Williford Board Member | 2 | $0 | |
Briley Carter Board Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $114,113 |
Membership dues | $0 |
Investment income | $2,934 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $117,047 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $41,130 |
Professional fees and other payments to independent contractors | $7,365 |
Occupancy, rent, utilities, and maintenance | $79,095 |
Printing, publications, postage, and shipping | $2,422 |
Other expenses | $28,448 |
Total expenses | $158,460 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $123,339 |
Other assets | $0 |
Total assets | $270,498 |
Total liabilities | $83,091 |
Net assets or fund balances | $187,407 |