Better Waterworks Inc

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

EIN: 237260761 ✦ Swartz, LA ✦ Designated as a 501(c)(12)

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Overview

What is Better Waterworks Inc?

Better Waterworks Inc is a nonprofit organization, primarily focused on delivering water services to its membership base. With a mission to serve its community, Better Waterworks has successfully catered to approximately 824 members. Acting as a public utilities organization, they offer various programs to ensure reliable water service to their members. Their work contributes positively to the community, ensuring a fundamental necessity is readily available to those it serves.

Is Better Waterworks Inc legitimate?

Better Waterworks Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Better Waterworks Inc 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: $25,326
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Better Waterworks Inc?

Better Waterworks Inc's mission is centered around serving its members effectively. As a public utilities organization, it strives to provide reliable water service to its approximately 824 members. The company's mission is to operate in a manner that allows it to cater to its members' water needs efficiently. Better Waterworks Inc's activities are geared towards delivering water service, enhancing its capability to serve its member base.

Who is the CEO of Better Waterworks Inc?

Bobby Mcnease is the President of Better Waterworks Inc.

What is the revenue of Better Waterworks Inc?

Better Waterworks Inc's revenue in 2022 was $485,708.

Who are the executives of Better Waterworks Inc and what are their salaries?

The average compensation at Better Waterworks Inc during 2022 was $25,326. There is 1 employee at Better Waterworks Inc.


Here are 5 key members and their salaries:


Bobby Mcnease (President)
  • Compensation: $99
  • Related: $0
  • Other: $0
Mike Kennedy (Vicepresident)
  • Compensation: $99
  • Related: $0
  • Other: $0
Joy Solley (Secretary)
  • Compensation: $25,128
  • Related: $0
  • Other: $0
Mark Lindstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Britt Trichell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Better Waterworks Inc?

Better Waterworks Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Better Waterworks Inc

Better Waterworks Inc, as a mission-driven organization, is dedicated to serving its members by providing essential water services. Acting as a public utilities company, Better Waterworks has developed programs that allow it to cater to approximately 824 members. The company's primary goal is to ensure reliable and safe water supply to its members, thereby contributing positively to their lives.

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Impact




October, 2024

Better Waterworks Inc significantly enhances the quality of life for its community members in Swartz, Louisiana, by providing reliable water service. Serving approximately 824 members, the organization ensures access to clean and safe drinking water, which is essential for health and well-being. The company's commitment to public utility operations reflects its focus on meeting the needs of the local population through effective water management and infrastructure development. By implementing programs tailored to enhance their services, Better Waterworks fosters a sense of mutual benefit within the community. This not only supports public health but also promotes sustainability and responsible water usage among its members.




This information is meant to be a general summary of Better Waterworks Inc. 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
$485,708 (2022)
Expenses
$820,278 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,263
  • Program Service Revenue: $481,445
  • Gross Receipts: $485,708

Assets and Liabilities:

  • Total Assets: $3,539,567
  • Total Liabilities: $2,093,650
  • Net Assets: $1,445,917

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Programs

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

Water Service

Revenue

$481,445

Organization Details

Founding Year

1972

Principal Officer

Bobby Mcnease

Main Address

PO Box 467, Swartz, LA, 71281

NTEE Category

Code: Y22 - Mutual benefit

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