Public Charity

STERRETT-VANDIVER WATER SYSTEM INC

Based in STERRETT, AL, STERRETT-VANDIVER WATER SYSTEM INC operates as a Public Charity. The organization reported $1.5M in revenue, $894K in expenses, $2.9M in total assets for fiscal year 2025.

EIN: 621370148 STERRETT, AL Local Benevolent Life Insurance Associations NTEE: Y22 Latest filing: 2025
Total Revenue$1.5M
Total Expenses$894K
Total Assets$2.9M
Grant Records0
Filing Years2021–2025

Mission

THE ORGANIZATION WAS FORMED TO CONSTRUCT AND OPERATE A WATER SYSTEM FOR THE STERRETT-VANDIVER COMMUNITY AND A PORTION OF THE SURROUNDING AREAS.

Where $100 goes at Sterrett-Vandiver Water System Inc

How Sterrett-Vandiver Water System Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$85
The organization was formed to construct and operate a water system for the Sterrett-vandiver community and a portion of the surrounding areas
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Barry Brasher
DIRECTOR Danny Stone
PRESIDENT Devin Weldon
VICE PRESIDENT Mary Roensch
SECRETARYTREASURER Melanie Goodwin
DIRECTOR Mike Clinkscales

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $1.5M $894K $2.9M
2024 $763K $767K $2.4M
2023 $734K $700K $2.4M
2022 $717K $666K $2.3M
2021 $647K $599K $2.3M

Between 2021 and 2025, reported annual revenue grew from $647K to $1.5M (+128%), with total assets most recently reported at $2.9M.

Interactive year-over-year charts and full filing details available with membership.

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