Overview
What is Maloy Water Supply Corporation?
Maloy Water Supply Corporation is a small, nonprofit organization situated in Commerce, Texas. Its primary mission is to ensure the provision of clean, potable water for the residents living in the northeastern parts of Texas, particularly in the Commerce and Campbell rural areas of Hunt County. The corporation operates with a dedicated team of one individual, providing this essential service to its customers.
Is Maloy Water Supply Corporation legitimate?
Maloy Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Maloy 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: $27,119
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What is the mission statement of Maloy Water Supply Corporation?
The Maloy Water Supply Corporation is committed to providing potable water to the residents in the Commerce and Campbell rural areas of Hunt County, Texas. Their mission is to ensure the availability of safe drinking water for their customers. Their primary activity revolves around supplying potable water to meet the needs of their clientele. The corporation is dedicated to delivering high-quality water, upholding the trust and satisfaction of its customers. While not explicitly stated, it can be inferred that they aim to maintain reliable water supply services and adhere to necessary safety standards and regulations.
Who is the CEO of Maloy Water Supply Corporation?
Shannon Baker is the President of Maloy Water Supply Corporation.
What is the revenue of Maloy Water Supply Corporation?
Maloy Water Supply Corporation's revenue in 2022 was $191,087.
Who are the executives of Maloy Water Supply Corporation and what are their salaries?
The average compensation at Maloy Water Supply Corporation during 2022 was $27,119. There is 1 employee at Maloy Water Supply Corporation.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Maloy Water Supply Corporation?
Maloy Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maloy Water Supply Corporation
Maloy Water Supply Corporation, a vital entity, is dedicated to providing potable water to the residents in the northeastern regions of Texas, specifically in the Commerce and Campbell rural areas of Hunt County. The corporation's primary mission is to ensure a reliable water supply, meeting the hydration needs of its customers. By offering potable water, Maloy Water Supply Corporation plays a crucial role in maintaining the health and well-being of the community it serves.
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Impact
October, 2024
Maloy Water Supply Corporation plays a crucial role in enhancing the quality of life for residents in Northeast Texas, specifically in the Commerce and Campbell rural areas of Hunt County. By ensuring the provision of potable water, the organization addresses a foundational need for health and hygiene, promoting overall well-being among the community members. Access to clean drinking water is essential for daily activities, sanitation, and public health, and Maloy Water Supply Corporation's efforts in delivering reliable water services significantly contribute to the welfare and longevity of the population it serves. In doing so, it fosters community resilience and supports local development by ensuring that residents have access to this vital resource.
This information is meant to be a general summary of Maloy 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,071
- Program Service Revenue: $190,016
- Gross Receipts: $191,087
Assets and Liabilities:
- Total Assets: $938,761
- Total Liabilities: $480,039
- Net Assets: $458,722
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES
Revenue
$176,415
OTHER FEES
Revenue
$13,601
Organization Details
Founding Year
1966
Phone
(903) 217-3957Principal Officer
Shannon Baker
Main Address
PO BOX 394, COMMERCE, TX, 75429
NTEE Category
Code: W80 - Public benefit
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