Green Springs Water Supply Corp

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

EIN: 237415874 ✦ Sanger, TX ✦ Designated as a 501(c)(12)

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Overview

What is Green Springs Water Supply Corp?

Green Springs Water Supply Corp is a nonprofit organization that serves its member customers by obtaining water from two wells it owns and distributing it through its own infrastructure. Their primary mission is to provide reliable water services, ensuring a consistent supply to their user members. The corporation's operations focus on water production and delivery, ensuring their community has access to this essential resource.

Is Green Springs Water Supply Corp legitimate?

Green Springs Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Green Springs 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: $65,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,171

For more financial information, click here

What is the mission statement of Green Springs Water Supply Corp?

Green Springs Water Supply Corp, as an entity, is dedicated to serving its member customers by procuring water from its own wells and distributing it through its corporation-owned system. The corporation's mission is centered around providing reliable water services, ensuring that its users have a consistent water supply. Green Springs Water Supply Corp strives to maintain the quality of the water it produces and delivers, ensuring it meets the necessary standards for safe consumption. The corporation's activities are geared towards meeting the water needs of its member customers, thereby contributing to their daily lives and well-being.

What is the revenue of Green Springs Water Supply Corp?

Green Springs Water Supply Corp's revenue in 2023 was $220,083.

Who are the executives of Green Springs Water Supply Corp and what are their salaries?

The average compensation at Green Springs Water Supply Corp during 2023 was $6,004. There 5 volunteers at Green Springs Water Supply Corp.

Here are 7 key members and their salaries:


Dan Reding (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Clampitt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Dodd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duana Bowling (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Reding (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Tutt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefanie Reding (Office Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Green Springs Water Supply Corp?

Green Springs Water Supply Corp's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Green Springs Water Supply Corp

Green Springs Water Supply Corp, as a mission-driven entity, is committed to serving its member customers by ensuring an uninterrupted supply of water. This is achieved through the operation of two corporation-owned wells, which serve as the primary source of water. The corporation then leverages its own distribution system to deliver this water to its user members effectively. In essence, Green Springs Water Supply Corp plays a crucial role in meeting the water needs of its members, ensuring a reliable and continuous water supply.

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Impact




October, 2024

Green Springs Water Supply Corp plays a crucial role in ensuring access to clean and reliable water for its member customers in Sanger, Texas. By operating two corporation-owned wells, it produces the water necessary for daily living and delivers it efficiently through its dedicated distribution system. This reliable water service directly impacts the health and well-being of the community, supporting not only individual households but also local businesses and the broader environment.

The corporation's commitment to providing quality water services ensures that members have the essential resource they need for drinking, sanitation, and other critical uses, fostering a sustainable and resilient community.




This information is meant to be a general summary of Green Springs 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
$220,083 (2023)
Expenses
$265,069 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,413
  • Program Service Revenue: $207,480
  • Gross Receipts: $220,083

Assets and Liabilities:

  • Total Assets: $1,511,715
  • Total Liabilities: $886,505
  • Net Assets: $625,210

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Programs

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

Water Sales

Revenue

$207,480

Organization Details

Founding Year

1968

Principal Officer

Terry Tutt

NTEE Category

Code: W80 - Public benefit

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