Norton Shop Water System Inc
- Assets
- $43.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Haynesville, LA
- Founding
- 05/2019
- Data as of
- 08/2024
- EIN
- 82-5237986
Organization Overview
Norton Shop Water System Inc is located in Haynesville, LA. The organization was established in 2019. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norton Shop 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 08/2024, Norton Shop Water System Inc generated $78.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $92.7k during the year ending 08/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
EXTRACT, TREAT, STORE, AND DELIVER DRINKING WATER TO RURAL RESIDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D J Bailey Board President | 0.1 | $0 | |
Laurie Elizabeth Padgett Board Vice President | 0.3 | $0 | |
Todd Chiasson Board Secretary / Treasurer | 1.5 | $0 | |
Linda Knox Board Member | 0.1 | $0 | |
Barry Semar Board Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $78,054 |
| Membership dues | $300 |
| Investment income | $303 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,657 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $28,500 |
| Occupancy, rent, utilities, and maintenance | $4,464 |
| Printing, publications, postage, and shipping | $862 |
| Other expenses | $58,851 |
| Total expenses | $92,677 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,656 |
| Other assets | $0 |
| Total assets | $43,656 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,656 |