Soso Community Water System Inc in Soso, Mississippi (MS)

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Soso Community Water System Inc
Employer Identification Number (EIN)640438709
Name of OrganizationSoso Community Water System Inc
Address11 Sawmill St, Soso, MS 39480-5544
ActivitiesOther services or benefits to members or employees
SubsectionOrganization Like Those on Three Preceding Lines
Ruling Date03/1967
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
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$2,218,730
Amount of Income$280,419
Form 990 Revenue Amount$280,419

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Financial snapshot ($)

Revenue for 2011

Functional expenses 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$343,542
Statement of Revenue (for 2011)
Total revenue$1,188,981
Contributions, Gifts, Grants and Other Similar Amounts$895,852
Program Service Revenue$289,457
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$978
Income from investment of tax-exempt bond proceeds$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$2,694
Statement of Functional Expenses (for 2011)
Total functional expenses$242,323
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$78,327
Payroll taxes$6,648
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$2,252,178
Total liabilities$363,827
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$344,879
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$1,888,351
Retained earnings, endowment, accumulated income, or other funds$1,888,351
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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