Deep Run Water Corporation

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

EIN: 560933167 ✦ Deep run, NC ✦ Designated as a 501(c)(12)

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Overview

What is Deep Run Water Corporation?

Deep Run Water Corporation is a nonprofit organization situated in Deep Run, North Carolina. With a small workforce of nine individuals, their primary mission is to ensure the provision of clean water to a community of 5,444 residents in southern Lenoir County. The corporation plays a crucial role in maintaining the water supply, ensuring the well-being and hydration of its members.


Official website here: www.deeprunwater.ruralwaterusa

Is Deep Run Water Corporation legitimate?

Deep Run Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Deep Run 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: $3,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,495

For more financial information, click here


Official website here: www.deeprunwater.ruralwaterusa

What is the mission statement of Deep Run Water Corporation?

Deep Run Water Corporation is committed to serving its 5,444 resident members in southern Lenoir County by providing them with clean water. This mission is carried out through various activities, with the primary focus being on ensuring the availability of potable water. The corporation strives to maintain the quality of the water, ensuring it meets the health and safety standards required for consumption. By providing clean water, the corporation is contributing to the overall well-being and health of its community members.


Official website here: www.deeprunwater.ruralwaterusa

What is the revenue of Deep Run Water Corporation?

Deep Run Water Corporation's revenue in 2023 was $2,365,653.


Official website here: www.deeprunwater.ruralwaterusa

Who are the executives of Deep Run Water Corporation and what are their salaries?

The average compensation at Deep Run Water Corporation during 2023 was $44,387. There are 8 employees at Deep Run Water Corporation.

Here are 9 key members and their salaries:


Andy Heath (President)
  • Compensation: $3,600
  • Related: $0
  • Other: $0
Randy R Byrd Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark J Rouse Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald E Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Rouse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mohrfeld (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Kennedy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel C Cash Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.deeprunwater.ruralwaterusa

Where can I find the form 990 for Deep Run Water Corporation?

Deep Run Water Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.deeprunwater.ruralwaterusa

Learn more at the official website: www.deeprunwater.ruralwaterusa

Mission Statement of Deep Run Water Corporation

Deep Run Water Corporation, a notable entity, is dedicated to serving a specific community. Its mission is centered around providing clean water to the 5,444 resident members residing in southern Lenoir County. This nonprofit organization works tirelessly to ensure the availability of potable water, thereby enhancing the health and well-being of its members. Through its operations, Deep Run Water Corporation plays a pivotal role in maintaining the hydration needs of its community, thereby contributing to their overall quality of life.

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Impact




October, 2024

Deep Run Water Corporation significantly impacts the community of southern Lenoir County by ensuring the delivery of clean water to 5,444 resident members. Access to safe and reliable drinking water is essential for health, sanitation, and overall quality of life. The corporation's efforts help prevent waterborne diseases, promote hygiene, and support a thriving community by enhancing public health and enabling residents to lead healthier lives. By maintaining and improving water infrastructure, Deep Run Water Corporation plays a crucial role in fostering a sustainable environment and promoting the public benefit for the residents of Deep Run, NC.




This information is meant to be a general summary of Deep Run 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
$2,365,653 (2023)
Expenses
$2,464,382 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $51,265
  • Program Service Revenue: $2,303,568
  • Gross Receipts: $2,365,653

Assets and Liabilities:

  • Total Assets: $6,988,086
  • Total Liabilities: $378,404
  • Net Assets: $6,609,682

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Programs

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

Tap on Fees

Revenue

$56,180

Water Sales

Revenue

$2,161,649

Reconnection Fees

Revenue

$28,055

Penalties and Svc Charg

Revenue

$55,398

Miscellaneous Revenue

Revenue

$2,286

Organization Details

Founding Year

1969

Principal Officer

Andy Heath

NTEE Category

Code: W80 - Public benefit

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