North Farmersville Water Supply Corp

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

EIN: 237350534 ✦ Farmersville, TX ✦ Designated as a 501(c)(12)

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Overview

What is North Farmersville Water Supply Corp?

North Farmersville Water Supply Corp is a nonprofit organization situated in Farmersville, Texas. Their primary mission is to distribute potable water and engage in water sales, catering to rural customers within and surrounding Collin County. With a minimal staff of three individuals, the corporation plays a crucial role in ensuring a reliable water supply for its community.

Is North Farmersville Water Supply Corp legitimate?

North Farmersville Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. North Farmersville Water Supply Corp 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: $34,303
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,000

For more financial information, click here

What is the mission statement of North Farmersville Water Supply Corp?

The North Farmersville Water Supply Corp's primary objective is to distribute and sell potable water. Serving rural customers in and around Collin County, Texas, the corporation's mission is to provide clean, drinkable water to its community. The corporation's main activity focuses on ensuring a steady supply of safe and potable water to its customers, contributing to their daily needs and overall well-being.

Who is the CEO of North Farmersville Water Supply Corp?

Sandra Mcclain is the Director of North Farmersville Water Supply Corp.

What is the revenue of North Farmersville Water Supply Corp?

North Farmersville Water Supply Corp's revenue in 2022 was $210,441.

Who are the executives of North Farmersville Water Supply Corp and what are their salaries?

The average compensation at North Farmersville Water Supply Corp during 2022 was $13,434. There are 3 employees at North Farmersville Water Supply Corp.


Here are 6 key members and their salaries:


Kelly Hendrex (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Mcclain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Mcclain (Director/Manager)
  • Compensation: $0
  • Related: $21,283
  • Other: $0
Joe Wiser (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Jackson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Mcclain (Treasurer/Sec)
  • Compensation: $0
  • Related: $13,020
  • Other: $0
Where can I find the form 990 for North Farmersville Water Supply Corp?

North Farmersville Water Supply Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of North Farmersville Water Supply Corp

North Farmersville Water Supply Corp is dedicated to the distribution and sale of potable water. This organization serves a rural community, located within and around Collin County, Texas. Its primary mission is to ensure the availability of clean drinking water for its customers, thereby contributing to their overall well-being. The corporation's operations aim to cater to the water needs of its clientele living in this rural area.

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Impact




October, 2024

North Farmersville Water Supply Corp plays a crucial role in providing potable water to rural customers in and around Collin County, Texas. By ensuring access to clean and safe drinking water, the corporation directly supports the health and well-being of the community. This reliable water supply is essential for daily living and contributes to the overall quality of life for residents in Farmersville and its surrounding areas. Moreover, their efforts help foster local development and sustainability, mitigating the challenges faced by rural communities in accessing essential resources. Through water distribution and sales, North Farmersville Water Supply Corp enhances public benefit and strengthens the fabric of the region.




This information is meant to be a general summary of North Farmersville Water Supply Corp. 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
$210,441 (2022)
Expenses
$222,297 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $210,441
  • Gross Receipts: $210,441

Assets and Liabilities:

  • Total Assets: $375,677
  • Total Liabilities: $14,541
  • Net Assets: $361,136

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Programs

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

WATER SALES

Revenue

$210,441

Organization Details

Founding Year

1968

Principal Officer

Sandra Mcclain

Main Address

P O BOX 212, FARMERSVILLE, TX, 754420212

NTEE Category

Code: W80 - Public benefit

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