Mcadams Water Association Inc in Kosciusko, Mississippi (MS)

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Mcadams Water Association Inc
Employer Identification Number (EIN)640478419
Name of OrganizationMcadams Water Association Inc
AddressPO BOX 1622, Kosciusko, MS 39090-1622
ActivitiesCommunity service organization
SubsectionMutual Ditch or Irrigation Co.
Ruling Date12/1997
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,187,817
Amount of Income$204,011
Form 990 Revenue Amount$204,011


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Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$343,655
Contributions, Gifts, Grants and Other Similar Amounts$195,645
Program Service Revenue$147,786
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$224
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$133,469
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$133,469
Balance Sheet (for 2011)
Total assets$1,250,436
Total liabilities$664,952
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$664,952
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$585,484
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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