Bell Arthur Water Corporation

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

EIN: 560993551 ✦ Bell arthur, NC ✦ Designated as a 501(c)(12)

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Overview

What is Bell Arthur Water Corporation?

Bell Arthur Water Corporation is a member-owned organization, headquartered in Bell Arthur, North Carolina. With a focus on its exempt purpose, it provides essential water services to its membership. The corporation is actively involved in constructing, maintaining, and operating a rural water system, serving the needs of its member-owners residing in Western Pitt County. The corporation's operations aim to ensure a reliable water supply for its members, contributing to their overall well-being and quality of life. With a dedicated workforce of nine individuals, Bell Arthur Water Corporation remains committed to delivering water services to its community.

Is Bell Arthur Water Corporation legitimate?

Bell Arthur Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Bell Arthur 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: $26,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $353,554

For more financial information, click here

What is the mission statement of Bell Arthur Water Corporation?

The Bell Arthur Water Corporation operates as a member-owned entity, dedicated to constructing, maintaining, and operating a rural water system. Its primary mission is to serve this system to its member-owners situated in Western Pitt County. The corporation's exempt purpose is to provide water to its membership, which it accomplishes by supplying water to its members consistently.

Who is the CEO of Bell Arthur Water Corporation?

Mike Dunn is the President of Bell Arthur Water Corporation.

What is the revenue of Bell Arthur Water Corporation?

Bell Arthur Water Corporation's revenue in 2022 was $2,441,965.

Who are the executives of Bell Arthur Water Corporation and what are their salaries?

The average compensation at Bell Arthur Water Corporation during 2022 was $42,200. There are 9 employees at Bell Arthur Water Corporation.


Here are 6 key members and their salaries:


H Ray Baldree (Exec Directo)
  • Compensation: $110,031
  • Related: $0
  • Other: $0
Virgil O'Neal (Vice-Preside)
  • Compensation: $9,451
  • Related: $0
  • Other: $0
Mike Dunn (President)
  • Compensation: $5,624
  • Related: $0
  • Other: $0
Darrell Rudisill (Vice-Preside)
  • Compensation: $4,503
  • Related: $0
  • Other: $0
Carnie Hedgepeth (Treasurer)
  • Compensation: $3,334
  • Related: $0
  • Other: $0
Edward Mills (Director)
  • Compensation: $3,334
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bell Arthur Water Corporation?

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

Mission Statement of Bell Arthur Water Corporation

Bell Arthur Water Corporation, a member-owned corporate body, is dedicated to constructing, maintaining, and operating a rural water system. Its primary mission is to serve the needs of its member-owners residing in Western Pitt County. Operating with an exempt purpose, this organization ensures the provision of water to its membership, thereby fulfilling its commitment to its community.

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Impact




October, 2024

Bell Arthur Water Corporation significantly enhances the quality of life for its member-owners in western Pitt County, North Carolina, by providing essential water services. By constructing, maintaining, and operating a rural water system, the corporation ensures reliable access to safe and clean water for its community. This impact is vital in promoting public health, supporting agriculture, and fostering economic development in the area. The member-owned model empowers residents, allowing them to play an active role in the governance and management of their water supply, thereby strengthening community ties and ensuring that the water system meets the specific needs of its users. Overall, the corporation is a cornerstone of local infrastructure, contributing to both individual well-being and the overall vitality of the region.




This information is meant to be a general summary of Bell Arthur 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
$2,441,965 (2022)
Expenses
$2,041,232 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $31,623
  • Program Service Revenue: $2,410,342
  • Gross Receipts: $2,441,965

Assets and Liabilities:

  • Total Assets: $8,004,201
  • Total Liabilities: $760,274
  • Net Assets: $7,243,927

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Programs

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

WATER RECEIPTS

Revenue

$2,199,732

OTHER INCOME

Revenue

$167,710

TAP-ON FEES

Revenue

$42,900

Organization Details

Founding Year

1970

Principal Officer

Mike Dunn

Main Address

PO BOX 617, BELL ARTHUR, NC, 27811

NTEE Category

Code: W80 - Public benefit

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