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Filing year 2024

HOMEWOOD WATER ASSOCIATION INC

Forest, Mississippi·EIN 64-0508855·NTEE W80 · Public & Societal Benefit·501(c)(12)
Total revenue
$396k
Total assets
$2M
Total expenses
$336k
Reported officers
8
Mission

PROVIDE WATER TO RURAL COMMUNITY

Executive compensation

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

Secretary
Secretary (Operational)
25th percentile to median
$15k
$16k
President
Below 10th percentile
$1k
$1k
Vice-president
Below 10th percentile
$900
$955
Director
Board Member
Below 10th percentile
$450
$477
Director
Board Member
Below 10th percentile
$450
$477
Director
Director (Operational)
Below 10th percentile
$400
$424
Director
Board Member
Below 10th percentile
$400
$424
Director
Board Member
Below 10th percentile
$250
$265

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HOMEWOOD WATER ASSOCIATION INC equaled 4% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
4%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 8%
from 2023

From $16k in 2023 to $15k in 2024.

$16k
2023
$15k
2024
In today's dollarsEst.
Down 11% in real terms$18k to $16k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Secretary (Operational) pay fell 8% from 2023 to 2024, while revenue fell 1%.

$16k in 2023 to $15k in 2024.
  • Chief Executive Officer pay fell 11% from 2023 to 2024.
  • Board Member pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about HOMEWOOD WATER ASSOCIATION INC

What does the Secretary (Operational) of HOMEWOOD WATER ASSOCIATION INC earn?

In 2024, the Secretary (Operational) of HOMEWOOD WATER ASSOCIATION INC received $15,056 in total compensation. This pay is below the median (the midpoint) for Secretary (Operational) roles among Public & Societal Benefit organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Secretary (Operational) pay at HOMEWOOD WATER ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Secretary (Operational) at HOMEWOOD WATER ASSOCIATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at HOMEWOOD WATER ASSOCIATION INC equaled 4% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are HOMEWOOD WATER ASSOCIATION INC's revenue and expenses?

In 2024, HOMEWOOD WATER ASSOCIATION INC reported $396k in total revenue and $336k in total expenses on its IRS Form 990.

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