Icard Township Water Corp

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

EIN: 560904671 ✦ Hildebran, NC ✦ Designated as a 501(c)(12)

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Overview

What is Icard Township Water Corp?

Icard Township Water Corp is a local nonprofit organization situated in Hildebran, North Carolina. With a postal address at PO Box 427, its primary mission is to provide essential water services to the approximately 3,350 residents of Icard Township. The corporation operates with a small team of eight dedicated employees, ensuring the continuous supply of fresh water to the community. The organization's activities are focused solely on water service provision, contributing significantly to the overall well-being of Icard Township residents.

Is Icard Township Water Corp legitimate?

Icard Township Water Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Icard Township Water Corp 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: $121,201
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,909

For more financial information, click here

What is the mission statement of Icard Township Water Corp?

The Icard Township Water Corp is dedicated to providing water services for approximately 3,330 to 3,350 residents within its jurisdiction. This mission is carried out by ensuring reliable and consistent water supply to the community, serving as a vital resource for the daily needs of the township's residents. The corporation's primary goal is to maintain the quality and safety of the water, ensuring it meets all necessary standards for public health and consumption. Additionally, the Icard Township Water Corp seeks to foster a sense of community by providing essential water services, thereby contributing to the overall well-being and comfort of its residents.

Who is the CEO of Icard Township Water Corp?

James Gorsuch is the President of Icard Township Water Corp.

What is the revenue of Icard Township Water Corp?

Icard Township Water Corp's revenue in 2020 was $2,004,778.

Who are the executives of Icard Township Water Corp and what are their salaries?

The average compensation at Icard Township Water Corp during 2020 was $42,014. There are 8 employees at Icard Township Water Corp.


Here are 11 key members and their salaries:


Jonathan R Pons (Manager)
  • Compensation: $84,101
  • Related: $0
  • Other: $0
James Gorsuch (President)
  • Compensation: $37,100
  • Related: $0
  • Other: $0
Leon Ledford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kermit Holshouser (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Watts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hartmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brand Lingerfelt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Chapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Martin (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Southers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Smart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Icard Township Water Corp?

Icard Township Water Corp's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Icard Township Water Corp

Icard Township Water Corp, a vital organization, is dedicated to supplying water services to approximately 3,330 residents within its jurisdiction. Its primary mission is to ensure an uninterrupted water supply, meeting the basic needs of the community. The corporation takes pride in providing reliable and high-quality water services, ensuring the well-being of the residents it serves.

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Impact




October, 2024

Icard Township Water Corp plays a vital role in ensuring that approximately 3,330 residents of Icard Township have access to essential water services. By providing reliable and safe water supply, it significantly contributes to the health and well-being of the community. Access to clean water is fundamental for daily living, supporting hygiene, sanitation, and overall quality of life.

Located in Hildebran, NC, Icard Township Water Corp's efforts help foster a sense of community and sustainability. The availability of consistent water services encourages residential stability and supports local economic activities, as households and businesses can rely on this critical resource. By fulfilling its mission, Icard Township Water Corp enhances public benefit, making it a cornerstone of community development in the area.




This information is meant to be a general summary of Icard Township Water Corp. 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
$2,004,778 (2020)
Expenses
$1,660,041 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $47,136
  • Program Service Revenue: $1,950,847
  • Gross Receipts: $2,004,778

Assets and Liabilities:

  • Total Assets: $8,223,214
  • Total Liabilities: $1,310
  • Net Assets: $8,221,904

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Programs

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

WATER REVENUE-MEMBERS

Revenue

$1,875,135

SPRINKLER/TAP/LATE/CUT-ON REVENUE

Revenue

$75,712

Organization Details

Founding Year

1966

Principal Officer

James Gorsuch

Main Address

PO BOX 427, HILDEBRAN, NC, 28637

NTEE Category

Code: W80 - Public benefit

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