Baton Water Corporation Inc

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

EIN: 560933132 ✦ Granite falls, NC ✦ Designated as a 501(c)(12)

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Overview

What is Baton Water Corporation Inc?

Baton Water Corporation Inc, located in Granite Falls, North Carolina, serves as a nonprofit organization primarily focused on selling water to its members and expanding its water infrastructure. With a team of 13 dedicated employees, the corporation is responsible for the development, maintenance, and installation of new water lines. The organization's mission is to provide reliable water services to its members, ensuring a continuous supply of clean water. By executing its activities, Baton Water Corporation Inc aims to contribute positively to the community and meet the water needs of its members.

Is Baton Water Corporation Inc legitimate?

Baton Water Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Baton Water Corporation 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: $15,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $266,328

For more financial information, click here

What is the mission statement of Baton Water Corporation Inc?

Baton Water Corporation Inc's primary mission revolves around providing water to its members and ensuring the development and maintenance of water infrastructure. This includes the sale of water and the construction and upkeep of water lines. In 2021, the corporation also expanded its services by opening new water lines. The corporation's activities are centered around meeting the water needs of its members while maintaining and improving its water delivery system.

Who is the CEO of Baton Water Corporation Inc?

Chad Brown is the Chairman of Baton Water Corporation Inc.

What is the revenue of Baton Water Corporation Inc?

Baton Water Corporation Inc's revenue in 2022 was $1,342,018.

Who are the executives of Baton Water Corporation Inc and what are their salaries?

The average compensation at Baton Water Corporation Inc during 2022 was $21,687. There are 13 employees at Baton Water Corporation Inc.


Here are 7 key members and their salaries:


Kevin Pritchard (Vice Chairman)
  • Compensation: $7,800
  • Related: $0
  • Other: $0
Chad Brown (Chairman)
  • Compensation: $7,800
  • Related: $0
  • Other: $0
Sam Yearick (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Carswell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Tilley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Gray (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Pritchard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Baton Water Corporation Inc?

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

Mission Statement of Baton Water Corporation Inc

Baton Water Corporation Inc, as its mission, is primarily focused on the sale of water to its members. Beyond just being a water supplier, the corporation also takes on the responsibility of developing and maintaining water lines. This dual role ensures a reliable water supply for its members and the necessary infrastructure to support it. In 2021, Baton Water Corporation Inc expanded its services by opening new water lines, demonstrating its commitment to meeting the growing water needs of its members.

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Impact




October, 2024

Baton Water Corporation Inc has a significant impact in Granite Falls, NC, through its dedication to the sale of water and the development and maintenance of water lines. By ensuring access to clean and reliable water for its members, the corporation addresses essential public health and community needs. In 2021, its efforts to open new water lines expanded the reach of safe water to more residents, enhancing overall quality of life in the area.

The organization's focus on infrastructure development not only facilitates efficient water distribution but also strengthens the local community's resilience against water-related challenges. By prioritizing public benefit, Baton Water Corporation Inc plays a vital role in fostering sustainable growth and promoting the well-being of Granite Falls residents.




This information is meant to be a general summary of Baton Water Corporation 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
$1,342,018 (2022)
Expenses
$1,402,422 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,342,018
  • Gross Receipts: $1,342,018

Assets and Liabilities:

  • Total Assets: $1,890,839
  • Total Liabilities: $139,224
  • Net Assets: $1,751,615

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Programs

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

WATER SALES

Revenue

$1,277,535

TAPS LINES METERS OTHER

Revenue

$63,310

INTERERST

Revenue

$1,173

Organization Details

Founding Year

1970

Principal Officer

Chad Brown

Main Address

2611 CONNELLY SPRINGS ROAD, GRANITE FALLS, NC, 28630

NTEE Category

Code: W80 - Public benefit

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