B&B Water Project Inc

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

EIN: 351144643 ✦ Bloomington, IN ✦ Designated as a 501(c)(12)

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Overview

What is B&B Water Project Inc?

B&B Water Project Inc is a nonprofit organization situated in Bloomington, Indiana. Their primary mission is to ensure the availability of treated drinking water for their customers and members. They operate with a focus on providing clean and safe water, fulfilling a vital need in their community. The organization's activities are dedicated to this cause, ensuring that individuals and households have access to this essential resource.


Official website here: www.bandbwaterproject.com

Is B&B Water Project Inc legitimate?

B&B Water Project Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. B&B Water Project 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: $26,880
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bandbwaterproject.com

What is the mission statement of B&B Water Project Inc?

B&B Water Project Inc's mission is centered around supplying treated drinking water to its customer base. The organization is committed to this mission, aiming to meet the hydration needs of its members effectively. By providing treated drinking water, B&B Water Project Inc contributes to the health and well-being of its customers, ensuring they have access to a clean and safe water source. This mission is a testament to the organization's dedication to delivering essential services to its community. While the organization may have additional activities, its core mission revolves around the provision of treated drinking water.


Official website here: www.bandbwaterproject.com

Who is the CEO of B&B Water Project Inc?

Jeffrey H Underwood is the President of B&B Water Project Inc.


Official website here: www.bandbwaterproject.com

What is the revenue of B&B Water Project Inc?

B&B Water Project Inc's revenue in 2022 was $790,879.


Official website here: www.bandbwaterproject.com

Who are the executives of B&B Water Project Inc and what are their salaries?


Here are 9 key members and their salaries:


Dale Lisby (President)
  • Compensation: $5,220
  • Related: $0
  • Other: $0
Jeffrey H Underwood (Treasurer)
  • Compensation: $8,820
  • Related: $0
  • Other: $0
David Sharp (Secretary)
  • Compensation: $3,720
  • Related: $0
  • Other: $0
Jay Floyd (Vice President)
  • Compensation: $3,720
  • Related: $0
  • Other: $0
Tyler Bunch (Director)
  • Compensation: $1,320
  • Related: $0
  • Other: $0
Scott Moore (Director)
  • Compensation: $1,320
  • Related: $0
  • Other: $0
Brian Crouch (Director)
  • Compensation: $1,320
  • Related: $0
  • Other: $0
Jon Richardson (Director)
  • Compensation: $1,320
  • Related: $0
  • Other: $0
Jodie Richardson (Director)
  • Compensation: $1,320
  • Related: $0
  • Other: $0


Official website here: www.bandbwaterproject.com

Where can I find the form 990 for B&B Water Project Inc?

B&B Water Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bandbwaterproject.com

Learn more at the official website: www.bandbwaterproject.com

Mission Statement of B&B Water Project Inc

B&B Water Project Inc, as a nonprofit organization, is dedicated to fulfilling its mission of providing treated drinking water to its customers and members. By focusing on this essential service, the organization aims to ensure that individuals within its community have access to clean and safe water. This mission is a crucial aspect of B&B Water Project Inc's operations, as it directly impacts the health and well-being of those it serves. The organization's commitment to providing treated drinking water demonstrates its dedication to improving the quality of life for its customers and members. In essence, B&B Water Project Inc plays a vital role in ensuring that its community has access to a fundamental necessity, treated drinking water.

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Impact




October, 2024

B&B Water Project Inc has a significant impact on the Bloomington community by ensuring access to treated drinking water for its customers and members. This vital service contributes to public health by providing safe drinking water, which is essential for hydration, cooking, and sanitation. By focusing on water treatment and delivery, the organization enhances the quality of life for residents, supports community well-being, and fosters sustainable practices related to water use. Access to reliable drinking water is foundational, and B&B Water Project Inc plays a critical role in maintaining this essential resource for the community.




This information is meant to be a general summary of B&B Water Project 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
$790,879 (2022)
Expenses
$905,678 (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: $789,514
  • Gross Receipts: $790,879

Assets and Liabilities:

  • Total Assets: $1,308,690
  • Total Liabilities: $166,592
  • Net Assets: $1,142,098

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Programs

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

Water Sales

Revenue

$783,950

Penalty Income

Revenue

$5,564

Organization Details

Founding Year

1967

Principal Officer

Jeffrey H Underwood

Main Address

PO Box 7287, Bloomington, IN, 47407

NTEE Category

Code: W80 - Public benefit

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