North Lenoir Water Corporation

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

EIN: 560946914 ✦ Kinston, NC ✦ Designated as a 501(c)(12)

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Overview

What is North Lenoir Water Corporation?

North Lenoir Water Corporation is a local entity situated in Kinston, North Carolina. As a nonprofit organization, their primary mission is to ensure a clean and reliable water supply for approximately 5,900 residents and businesses within Northern Lenoir County. With a dedicated workforce of 12 individuals, they are committed to providing water services to the community, contributing significantly to the region's overall well-being.

Is North Lenoir Water Corporation legitimate?

North Lenoir Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. North Lenoir 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: $30,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $620,510

For more financial information, click here

What is the mission statement of North Lenoir Water Corporation?

The North Lenoir Water Corporation's mission is centered around providing a clean water supply. This organization serves approximately 5,900 residents and businesses in its jurisdiction, with the primary objective of ensuring a reliable water source for its community members in North Carolina. The Corporation's activities are geared towards meeting this mission, striving to maintain the quality and availability of water for the benefit of its customer base.

Who is the CEO of North Lenoir Water Corporation?

Jimmy Parks is the Secretary of North Lenoir Water Corporation.

What is the revenue of North Lenoir Water Corporation?

North Lenoir Water Corporation's revenue in 2022 was $3,775,851.

Who are the executives of North Lenoir Water Corporation and what are their salaries?

The average compensation at North Lenoir Water Corporation during 2022 was $54,247. There are 12 employees at North Lenoir Water Corporation.


Here are 9 key members and their salaries:


Wade Davenport (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Dawson (Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Ray Farmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Smith Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Parks (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Pope (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Riggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Styles (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for North Lenoir Water Corporation?

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

Mission Statement of North Lenoir Water Corporation

North Lenoir Water Corporation, as its name suggests, is dedicated to providing a clean water supply to its residents. This nonprofit organization serves approximately 5,900 residents and businesses in North Carolina, specifically in the northern part of Lenoir County. Its mission is to ensure a reliable and safe water supply for the community it serves, thereby contributing to the overall well-being and health of its residents. The corporation is committed to maintaining the quality of its water and ensuring it meets all necessary standards, providing a vital resource that is essential for daily living and various commercial activities.

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Impact




October, 2024

North Lenoir Water Corporation plays a crucial role in ensuring the provision of clean water to approximately 5,900 residents and businesses in Northern Lenoir County, North Carolina. By delivering a reliable water supply, the organization significantly enhances the quality of life for the community it serves in Kinston and surrounding areas. Access to clean water is essential for health, sanitation, and overall well-being, making the corporation's efforts vital for public health and safety. Moreover, by supporting sustainable water management practices, North Lenoir Water Corporation contributes to the environmental stewardship of the region, ensuring that future generations will also benefit from a consistent and safe water supply.




This information is meant to be a general summary of North Lenoir 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
$3,775,851 (2022)
Expenses
$3,770,193 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36,890
  • Program Service Revenue: $3,648,541
  • Gross Receipts: $3,775,851

Assets and Liabilities:

  • Total Assets: $22,867,037
  • Total Liabilities: $9,033,252
  • Net Assets: $13,833,785

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Programs

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

SALE OF WATER

Revenue

$3,499,728

TAP ON FEES

Revenue

$95,130

RECONNECTION FEES

Revenue

$45,803

SERVICE CHARGES

Revenue

$7,880

Organization Details

Principal Officer

Jimmy Parks

Main Address

PO BOX 1579, KINSTON, NC, 285031579

NTEE Category

Code: W80 - Public benefit

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