NonprofitsToomsuba Water System

Toomsuba Water System

TOOMSUBA, MS

Total revenue

$914K

Total expenses

$827K

Net assets

$2.7M

Grants received

EIN

640679774

Tax year

2024

Mission

Toomsuba water system, inc. Is a rural water associaton which provides water to customers in a rural area in toomsuba, mississippi.

Programs

3 programs

Salaries expense - all employees of the association work for the betterment of the association to keep the wells running and serving all customers.

Expenses: $139K

Interest expense - toomsuba water system, inc. Recently completed a large expansion and upgrade of the water system. A large portion of the revenue is used to service the debt to this project.

Expenses: $75K

Toomsuba water system, inc. Provides water to customers in a rural area in toomsuba, mississippi.

Expenses: $296K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$788K
Investment income$23K
Other revenue$102K
Total revenue$914K

Expenses

Grants paid
Salaries & benefits$281K
Fundraising
Other expenses$546K
Total expenses$827K
Total assets$5.6M
Net assets$2.7M

People

5 listed

NameRoleCompensation

WL BARRETT

PRESIDENT

Board

$585

10 hrs/wk

BRANDON HARPER

SEC/TREASURE

Board

$585

10 hrs/wk

BILLY STUCKEY

VICE PRESIDE

Board

$585

10 hrs/wk

TOMMY SWAIN

DIRECTOR

Board

$585

10 hrs/wk

ANDY PIPPIN

DIRECTOR

Board

$360

10 hrs/wk

Details

EIN640679774
Subsection12
Ruling date1994-01
Formed1962
Employees7
TOOMSUBA WATER SYSTEM — Mission, Financials & Grants Received | Grantivo