Overview
What is Fhlm Regional Water Supply?
Fhlm Regional Water Supply is a nonprofit organization based in Penelope, Texas (76676). Their primary mission is to secure financing for bringing surface water to rural areas in Central Texas, ensuring sustainable water service for these communities. With a small team of one dedicated employee, Fhlm Regional Water Supply is committed to enhancing the livelihoods and well-being of rural residents by addressing water scarcity issues in the region.
Is Fhlm Regional Water Supply legitimate?
Fhlm Regional Water Supply is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fhlm Regional Water Supply 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: $14,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Fhlm Regional Water Supply?
The mission of Fhlm Regional Water Supply, as stated, is centered around securing reliable water services for rural communities in Central Texas. This is achieved through securing the necessary financing to bring surface water to these areas, thereby ensuring sustainable water supply for the rural populace in the region. The organization's primary goal is to improve the water infrastructure in these rural areas, thereby enhancing their living standards.
Who is the CEO of Fhlm Regional Water Supply?
Charles Beseda is the President of Fhlm Regional Water Supply.
What is the revenue of Fhlm Regional Water Supply?
Fhlm Regional Water Supply's revenue in 2022 was $425,880.
Who are the executives of Fhlm Regional Water Supply and what are their salaries?
The average compensation at Fhlm Regional Water Supply during 2022 was $14,400. There is 1 employee and 1 volunteer at Fhlm Regional Water Supply.
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Where can I find the form 990 for Fhlm Regional Water Supply?
Fhlm Regional Water Supply's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fhlm Regional Water Supply
Fhlm Regional Water Supply, a nonprofit organization, is dedicated to ensuring reliable water services for rural communities in Central Texas. Their primary mission revolves around securing funding and facilitating the delivery of surface water to these underserved areas. This commitment has enabled them to make significant strides in providing a vital resource, essential for the well-being and livelihood of the rural communities they serve.
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Impact
October, 2024
Fhlm Regional Water Supply plays a crucial role in securing water service for rural areas in central Texas. By securing financing, the organization facilitates the delivery of surface water to regions that lack reliable water sources, thereby addressing a critical need for sustainable water supply in these communities. This initiative not only enhances access to clean water but also supports the overall health and economic well-being of the rural population. The organization's efforts contribute significantly to the mutual benefit of those living in Penelope and surrounding areas, ensuring that residents have the necessary resources for agricultural, domestic, and community needs. Overall, Fhlm Regional Water Supply's impact is transformative, fostering resilience in rural water infrastructure.
This information is meant to be a general summary of Fhlm Regional Water Supply. 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: $68,175
- Program Service Revenue: $357,705
- Gross Receipts: $425,880
Assets and Liabilities:
- Total Assets: $8,599,599
- Total Liabilities: $7,903,494
- Net Assets: $696,105
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Organization Details
Founding Year
2007
Phone
(254) 749-5784Principal Officer
Charles Beseda
Main Address
402 HCR 3110 S, PENELOPE, TX, 76676
NTEE Category
Code: Y22 - Mutual benefit
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