Dan River Water Inc

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

EIN: 560901770 ✦ Eden, NC ✦ Designated as a 501(c)(12)

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Overview

What is Dan River Water Inc?

Dan River Water Inc, based in Eden, North Carolina, is a modest nonprofit organization with a team of nine dedicated individuals. Their primary mission is to provide essential water services to rural communities within Rockingham County. By selling water to these areas, Dan River Water Inc plays a vital role in ensuring access to this basic necessity for local residents. The organization's activities and mission are centered around this core function, ensuring a consistent and reliable water supply to the rural community.

Is Dan River Water Inc legitimate?

Dan River Water Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Dan River Water 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: $446,787
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Dan River Water Inc?

Dan River Water Inc, as a mission, focuses on supplying water to the rural population residing in Rockingham County, North Carolina. The company's primary objective is to ensure a consistent water supply for these residents, thereby catering to their basic necessities. By selling water, Dan River Water Inc contributes to the well-being of the local community, ensuring their access to a vital resource. The company's activities are centered around this mission, aiming to meet the water needs of the rural residents in a reliable and efficient manner.

Who is the CEO of Dan River Water Inc?

John Edwards is the President of Dan River Water Inc.

What is the revenue of Dan River Water Inc?

Dan River Water Inc's revenue in 2023 was $2,959,147.

Who are the executives of Dan River Water Inc and what are their salaries?

The average compensation at Dan River Water Inc during 2023 was $49,643. There are 9 employees at Dan River Water Inc.


Here are 10 key members and their salaries:


John Edwards (President)
  • Compensation: $5,200
  • Related: $0
  • Other: $0
Daniel Fargis (Treasurer)
  • Compensation: $4,500
  • Related: $0
  • Other: $0
John Hylton Jr (Vice-President)
  • Compensation: $4,850
  • Related: $0
  • Other: $0
Carter Combs (Secretary)
  • Compensation: $2,400
  • Related: $0
  • Other: $0
Chris Pierson (Director)
  • Compensation: $2,800
  • Related: $0
  • Other: $0
Earl Garvin (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Chris Law (Director)
  • Compensation: $2,200
  • Related: $0
  • Other: $0
Albert Strader (Director)
  • Compensation: $2,200
  • Related: $0
  • Other: $0
James Anderson (Director)
  • Compensation: $2,200
  • Related: $0
  • Other: $0
Nathan Garrett (Director)
  • Compensation: $2,200
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dan River Water Inc?

Dan River Water Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Dan River Water Inc

Dan River Water Inc, as stated in its mission, is dedicated to providing water services to the rural residents of Rockingham County, North Carolina. The organization's primary role is to ensure a steady water supply for this community, serving as a vital resource for their daily needs. This mission is a testament to Dan River Water Inc's commitment to enhancing the quality of life in its service area, providing an essential service that is often taken for granted. By focusing on the sale of water, Dan River Water Inc plays a crucial role in maintaining the well-being of the community it serves.

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Impact




October, 2024

Dan River Water Inc plays a vital role in supplying water to rural residents in Rockingham County, North Carolina, ensuring access to a crucial resource for communities that may lack infrastructure. By providing reliable water services, the organization enhances the quality of life for these residents, supporting their health, sanitation, and overall well-being. The sale of water not only addresses immediate needs but also contributes to the sustainability and development of the region. Access to potable water is essential for fostering economic growth and improving public health outcomes, making Dan River Water Inc's efforts significant for the local population.




This information is meant to be a general summary of Dan River Water 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
$2,959,147 (2023)
Expenses
$2,630,161 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $17,789
  • Program Service Revenue: $2,869,200
  • Gross Receipts: $2,959,147

Assets and Liabilities:

  • Total Assets: $10,853,072
  • Total Liabilities: $2,820,283
  • Net Assets: $8,032,789

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Programs

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

Water sales

Revenue

$2,662,548

Water taps

Revenue

$118,225

Water reconnect, service charges

Revenue

$88,427

Organization Details

Founding Year

1964

Principal Officer

John Edwards

Main Address

610 Patrick Street, Eden, NC, 27288

NTEE Category

Code: W80 - Public benefit

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