Overview
What is New Hope Waterworks Corporation?
New Hope Waterworks Corporation, based in Fairfield, Illinois, is a nonprofit organization primarily focused on the operation of a rural waterworks system. Serving a customer base of 507 households, their mission is to ensure a steady supply of portable water. This essential service not only benefits the residents but also contributes to the overall well-being and sustainability of the community they serve. The corporation is managed by a small team of two dedicated individuals.
Is New Hope Waterworks Corporation legitimate?
New Hope Waterworks Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. New Hope Waterworks Corporation 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: $5,479
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of New Hope Waterworks Corporation?
New Hope Waterworks Corporation's mission is centered around the operation of a rural waterworks system. This operation is primarily aimed at providing portable water to its customers, serving a total of 507 utility users at year's end. The corporation's mission in essence is to ensure a reliable water supply for its rural community.
Who is the CEO of New Hope Waterworks Corporation?
Anthony Vaughan is the President of New Hope Waterworks Corporation.
What is the revenue of New Hope Waterworks Corporation?
New Hope Waterworks Corporation's revenue in 2022 was $253,286.
Who are the executives of New Hope Waterworks Corporation and what are their salaries?
The average compensation at New Hope Waterworks Corporation during 2022 was $2,740. There are 2 employees at New Hope Waterworks Corporation.
Here are 7 key members and their salaries:
- Compensation: $100
- Related: $0
- Other: $0
- Compensation: $100
- Related: $0
- Other: $0
- Compensation: $100
- Related: $0
- Other: $0
- Compensation: $100
- Related: $0
- Other: $0
- Compensation: $75
- Related: $0
- Other: $0
- Compensation: $50
- Related: $0
- Other: $0
- Compensation: $50
- Related: $0
- Other: $0
Where can I find the form 990 for New Hope Waterworks Corporation?
New Hope Waterworks Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Hope Waterworks Corporation
New Hope Waterworks Corporation is committed to the operation of a rural waterworks system, serving as its primary mission. This mission is centered around providing portable water to its customers, ensuring they have access to this essential resource. At the end of each year, this organization caters to a total of 507 utility customers, demonstrating its dedication to rural water supply.
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Impact
October, 2024
New Hope Waterworks Corporation operates a rural waterworks system that plays a crucial role in providing potable water to residents in Fairfield, Illinois. With a total of 507 utility customers, the corporation ensures access to clean and safe drinking water, which is essential for health, sanitation, and quality of life. By maintaining the water supply infrastructure, New Hope Waterworks not only supports the well-being of the community but also fosters economic stability and growth by enabling residential and commercial development. The corporation's commitment to reliable water service strengthens community resilience and enhances the overall living conditions for its residents.
This information is meant to be a general summary of New Hope Waterworks Corporation. 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: $648
- Program Service Revenue: $252,568
- Gross Receipts: $253,286
Assets and Liabilities:
- Total Assets: $1,551,475
- Total Liabilities: $121,985
- Net Assets: $1,429,490
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES
Revenue
$238,727
MISCELLANEOUS SERVICE
Revenue
$13,091
WATER HOOK-UPS
Revenue
$750
Organization Details
Founding Year
1979
Phone
(618) 842-2196Principal Officer
Anthony Vaughan
Main Address
PO BOX 779, FAIRFIELD, IL, 628370779
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