Eastern Pines Water Corporation

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

EIN: 560862041 ✦ Greenville, NC ✦ Designated as a 501(c)(12)

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Overview

What is Eastern Pines Water Corporation?

Eastern Pines Water Corporation is a member-owned entity based in Greenville, North Carolina, specifically located at 5442 Eastern Pines Road, 27858. Its primary mission is to provide water services to its membership, ensuring the construction, maintenance, and operation of a rural system in Southeastern Pitt County. The corporation fulfilled its purpose in 2022 by offering water to its members, with a team of 11 dedicated employees working towards this goal.

Is Eastern Pines Water Corporation legitimate?

Eastern Pines Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Eastern Pines 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: $36,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Eastern Pines Water Corporation?

Eastern Pines Water Corporation, functioning as a member-owned entity, is committed to constructing, maintaining, and operating a rural water system. Its primary objective is to cater to the water needs of its member-owners, situated in southeastern Pitt County. In 2022, the corporation fulfilled its exempt purpose by providing water to its membership, demonstrating its dedication to serving its community.

Who is the CEO of Eastern Pines Water Corporation?

Barry Sutton is the President of Eastern Pines Water Corporation.

What is the revenue of Eastern Pines Water Corporation?

Eastern Pines Water Corporation's revenue in 2022 was $5,922,894.

Who are the executives of Eastern Pines Water Corporation and what are their salaries?

The average compensation at Eastern Pines Water Corporation during 2022 was $3,273. There are 11 employees at Eastern Pines Water Corporation.


Here are 5 key members and their salaries:


Polly Hardee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Sutton (Secretary)
  • Compensation: $179,076
  • Related: $0
  • Other: $0
Vallie Johnson (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Lynch (Bd-Member-Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Eastern Pines Water Corporation?

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

Mission Statement of Eastern Pines Water Corporation

Eastern Pines Water Corporation, a member-owned corporate entity, is committed to constructing, maintaining, and operating a rural water system. Its primary mission is to serve its member-owners situated in southeastern Pitt County by providing them with essential water resources. In 2022, the corporation successfully carried out its exempt purpose by delivering water to its membership, demonstrating its dedication to fulfilling its mission.

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Impact




October, 2024

Eastern Pines Water Corporation plays a crucial role in providing reliable water services to its members in southeastern Pitt County. By constructing, maintaining, and operating a rural water system, the organization ensures access to essential water resources, contributing significantly to the well-being of the community in Greenville, NC. In 2022, it fulfilled its mission by delivering water efficiently to its membership, highlighting its commitment to public benefit and community service. The member-owned structure fosters a sense of collaboration and accountability, empowering local residents to have a direct stake in their water supply, thereby enhancing community engagement and sustainability.




This information is meant to be a general summary of Eastern Pines 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
$5,922,894 (2022)
Expenses
$5,073,271 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $44,623
  • Program Service Revenue: $5,158,515
  • Gross Receipts: $5,922,894

Assets and Liabilities:

  • Total Assets: $29,589,358
  • Total Liabilities: $11,578,496
  • Net Assets: $18,010,862

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Programs

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

WATER RECEIPTS

Revenue

$4,710,540

TAP-ON FEES

Revenue

$325,670

COLLECTION FEES

Revenue

$117,820

MEMBERSHIP CERTIFICATE

Revenue

$4,485

Organization Details

Founding Year

1965

Principal Officer

Barry Sutton

Main Address

5442 EASTERN PINES ROAD, GREENVILLE, NC, 27858

NTEE Category

Code: W80 - Public benefit

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