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White Shed Water Supply Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237029872 ✦ Ivanhoe, TX ✦ Designated as a 501(c)(12)

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Overview

What is White Shed Water Supply Corporation?

White Shed Water Supply Corporation is a nonprofit organization situated in Ivanhoe, Texas. With a dedicated workforce of five individuals, their primary mission is to provide water services for agricultural and rural domestic needs in the rural areas of Northern Fannin County. This essential service caters to approximately 1,196 members, ensuring they have access to water for their daily activities. The corporation plays a vital role in supplying this basic necessity in the rural communities it serves.

Is White Shed Water Supply Corporation legitimate?

White Shed Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. White Shed Water Supply Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,381

For more financial information, click here

What is the mission statement of White Shed Water Supply Corporation?

The White Shed Water Supply Corporation is committed to serving the water needs of rural communities. Its mission is primarily focused on providing water for agricultural and domestic use in rural areas. This corporation caters to approximately 1,196 members, ensuring they have access to necessary water resources in their daily lives and farming activities. The corporation's activities are geared towards maintaining a reliable water supply, thereby contributing to the overall well-being and livelihood of these rural communities.

Who is the CEO of White Shed Water Supply Corporation?

Wilma Gibbs is the Director of White Shed Water Supply Corporation.

What is the revenue of White Shed Water Supply Corporation?

White Shed Water Supply Corporation's revenue in 2022 was $721,709.

Who are the executives of White Shed Water Supply Corporation and what are their salaries?

The average compensation at White Shed Water Supply Corporation during 2022 was $37,876. There are 5 employees at White Shed Water Supply Corporation.


Here are 7 key members and their salaries:


Gayland Gibbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodie Gibbs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy House (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Lackey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hardy (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Mussett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for White Shed Water Supply Corporation?

White Shed Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of White Shed Water Supply Corporation

White Shed Water Supply Corporation, as its mission statement suggests, is dedicated to providing essential water resources for agricultural and domestic purposes in rural areas. Situated in Northern Fannin County, this corporation serves approximately 1,196 members, ensuring they have access to water for their farms and daily living needs. By supplying this vital resource, White Shed Water Supply Corporation plays a crucial role in supporting the rural community, allowing its members to maintain their livelihoods and homes.

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Impact




October, 2024

White Shed Water Supply Corporation significantly influences the community by ensuring access to essential water resources for farm and rural domestic use in Northern Fannin County. Serving approximately 1,196 members, the corporation plays a vital role in supporting agricultural activities and enhancing the quality of life for residents in rural areas. By providing reliable and safe water supply, it fosters sustainable development and promotes the well-being of families and farms in the Ivanhoe area. This access to water not only sustains agricultural production but also supports the community's overall economic health and resilience.




This information is meant to be a general summary of White Shed Water Supply Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$721,709 (2022)
Expenses
$573,967 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,137
  • Program Service Revenue: $720,572
  • Gross Receipts: $721,709

Assets and Liabilities:

  • Total Assets: $2,741,961
  • Total Liabilities: $90,022
  • Net Assets: $2,651,939

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

WATER SALES & SERVICE

Revenue

$720,572

Organization Details

Founding Year

1964

Principal Officer

Wilma Gibbs

Main Address

PO BOX 80, IVANHOE, TX, 75447

NTEE Category

Code: W80Z - Public benefit

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