Thomas Bridge Water Corporation

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

EIN: 540887326 ✦ Marion, VA ✦ Designated as a 501(c)(12)

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Overview

What is Thomas Bridge Water Corporation?

Thomas Bridge Water Corporation is a vital nonprofit organization situated in Marion, Virginia. With a team of nine dedicated individuals, their primary mission is to ensure an adequate water supply for approximately 1700 residents in the Thomas Bridge area. By providing clean and potable water, the corporation plays a crucial role in maintaining the well-being and hygiene of the local community. The corporation's activities are centered around this mission, making it an essential entity in the region.

Is Thomas Bridge Water Corporation legitimate?

Thomas Bridge Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Thomas Bridge Water 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: $34,326
Professional Fundraising Fees: $0
Other Salaries and Wages: $310,124

For more financial information, click here

What is the mission statement of Thomas Bridge Water Corporation?

The Thomas Bridge Water Corporation is committed to providing adequate water to its citizenry. This mission is instrumental in ensuring that approximately 1700 water customers in the area have access to clean and sufficient water supplies, a necessity that would otherwise be unattainable. The corporation serves as a vital resource, providing water service that significantly enhances the quality of life for its community. By achieving this mission, Thomas Bridge Water Corporation contributes to the overall well-being and hydration needs of its recipients.

Who is the CEO of Thomas Bridge Water Corporation?

Francis J Copenhaver Jr is the Director of Thomas Bridge Water Corporation.

What is the revenue of Thomas Bridge Water Corporation?

Thomas Bridge Water Corporation's revenue in 2022 was $1,036,942.

Who are the executives of Thomas Bridge Water Corporation and what are their salaries?

The average compensation at Thomas Bridge Water Corporation during 2022 was $38,272. There are 9 employees at Thomas Bridge Water Corporation.


Here are 8 key members and their salaries:


Harry Dean (Director)
  • Compensation: $750
  • Related: $0
  • Other: $0
Jeff Spickard (Vice Preside)
  • Compensation: $900
  • Related: $0
  • Other: $0
Bobby Combs (Secretary/Tr)
  • Compensation: $900
  • Related: $0
  • Other: $0
Francis J Copenhaver Jr (Administrato)
  • Compensation: $29,676
  • Related: $0
  • Other: $0
Michael Powers (Director)
  • Compensation: $750
  • Related: $0
  • Other: $0
E P Ogle (Director)
  • Compensation: $300
  • Related: $0
  • Other: $0
Ellis Rouse (President)
  • Compensation: $825
  • Related: $0
  • Other: $0
Sue Tilson (Director)
  • Compensation: $225
  • Related: $0
  • Other: $0
Where can I find the form 990 for Thomas Bridge Water Corporation?

Thomas Bridge Water Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Thomas Bridge Water Corporation

Thomas Bridge Water Corporation, as its mission statement indicates, is committed to ensuring an adequate water supply for its citizens. In simpler terms, this nonprofit organization strives to provide clean and sufficient water to approximately 1700 residential customers within its service area. Without the corporation's efforts, many residents would likely lack this basic necessity, resulting in potential health and sanitation issues. By providing water service, Thomas Bridge Water Corporation plays a vital role in maintaining a livable environment for its community members.

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Impact




October, 2024

Thomas Bridge Water Corporation plays a crucial role in ensuring that the residents of the Thomas Bridge area have reliable access to clean and safe water. Serving approximately 1,700 customers, the corporation provides an essential service that directly impacts public health and quality of life. Without this vital water service, many citizens would be deprived of a clean and adequate water supply, which is fundamental for everyday living and well-being. By fulfilling its mission, Thomas Bridge Water Corporation contributes significantly to the overall welfare of the community in Marion, VA, promoting both public benefit and a sustainable living environment for its residents.




This information is meant to be a general summary of Thomas Bridge Water 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.

Revenue
$1,036,942 (2022)
Expenses
$792,912 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$380
  • Program Service Revenue: $890,183
  • Gross Receipts: $1,036,942

Assets and Liabilities:

  • Total Assets: $3,977,407
  • Total Liabilities: $1,747,356
  • Net Assets: $2,230,051

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Programs

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

METERED WATER SALES

Revenue

$884,783

METERED INSTALLATION SALE

Revenue

$5,400

Organization Details

Founding Year

1966

Principal Officer

Francis J Copenhaver Jr

Main Address

586 THOMAS BRIDGE ROAD, MARION, VA, 24354

NTEE Category

Code: W80 - Public benefit

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