Monterey Water Association Inc

Overview

Monterey Water Association Inc. is a nonprofit organization dedicated to delivering water services to residents in the Monterey community, located in rural Rankin County, Mississippi[4]. The association operates a rural water system, providing both residential and commercial water services to the local community[2].

Mission and Operations

The mission of Monterey Water Association Inc. is to ensure the delivery of safe and clean water to all residents of the Monterey community. The organization is classified as a public charity and is involved in public utilities, specifically focusing on water services[3][4].

Governance and Leadership

As of recent data, key positions in the organization include the presidency, which is held by Raymond Thornton, and the secretary position, held by Rachel Dusenberry[2]. These roles are typically unpaid, indicating that the organization may rely heavily on volunteer efforts or community involvement.

Financials

Monterey Water Association Inc. has total assets valued at approximately $1,825,582[3]. The organization's revenues primarily come from program services, which amounted to $448,924 in the fiscal year ending June 2023. Additionally, they generated $1,218 from investment income[2]. The absence of significant contributions from other sources, such as grants or fundraising events, suggests that the association relies mainly on its core operations for financial sustainability.

Reports and Compliance

Monterey Water Association Inc. files annual reports with the IRS (Form 990) to maintain transparency about its operations and financial status. These reports are available for public review and provide insights into the organization's activities and financial health over time[2][3].

Similar Organizations

Monterey Water Association Inc. operates alongside other water associations across the United States, many of which are also classified as 501(c)(12) organizations. These include other rural water associations that provide similar services to local communities[2].

References