Stokes Regional Water Corporation

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

EIN: 561069817 ✦ Stokes, NC ✦ Designated as a 501(c)(12)

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Overview

What is Stokes Regional Water Corporation?

Stokes Regional Water Corporation is a nonprofit organization with a primary mission to supply its membership with essential water services. Although the provided information is limited, it suggests that this organization is dedicated to meeting the water needs of its community members. The organization's focus is on delivering water services, which is a vital aspect of ensuring the well-being and livelihood of its constituents. Despite the limitations in the data, the Stokes Regional Water Corporation is evidently committed to its mission and the satisfaction of its members.

Is Stokes Regional Water Corporation legitimate?

Stokes Regional Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Stokes Regional 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,282

For more financial information, click here

What is the mission statement of Stokes Regional Water Corporation?

Stokes Regional Water Corporation's primary mission is to provide water services to its membership. In accomplishing this, the corporation aims to ensure a consistent and reliable water supply to its community. The organization's activities are centered around meeting the water needs of its members, ensuring the quality and safety of the water supply, and maintaining the necessary infrastructure for efficient water delivery. The corporation may also engage in education and awareness campaigns to promote the conservation and responsible use of water resources.

Who is the CEO of Stokes Regional Water Corporation?

Noel Lee Iii is the Director of Stokes Regional Water Corporation.

What is the revenue of Stokes Regional Water Corporation?

Stokes Regional Water Corporation's revenue in 2022 was $915,004.

Who are the executives of Stokes Regional Water Corporation and what are their salaries?

The average compensation at Stokes Regional Water Corporation during 2022 was $18,183. There are 7 employees at Stokes Regional Water Corporation.


Here are 5 key members and their salaries:


Robert Avery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Briley (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Fraser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel Lee Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Roebuck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Stokes Regional Water Corporation?

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

Mission Statement of Stokes Regional Water Corporation

Stokes Regional Water Corporation, as its mission statement suggests, is dedicated to supplying its membership with essential water services. In simpler terms, this organization's primary goal is to ensure a reliable and consistent water supply for its members, enabling them to maintain their daily living needs and activities. By focusing on this essential service, Stokes Regional Water Corporation contributes to the overall well-being and convenience of its community.

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Impact




October, 2024

Stokes Regional Water Corporation plays a crucial role in providing essential water services to its members in Stokes, North Carolina. This organization ensures access to a reliable and sustainable water supply, which is vital for the health and well-being of the community. By focusing on the needs of its members, the corporation contributes to public benefit through improved quality of life and support for local development. Its commitment to supplying clean water not only safeguards public health but also enhances the overall livability and economic viability of the region.




This information is meant to be a general summary of Stokes Regional 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
$915,004 (2022)
Expenses
$766,538 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,095
  • Program Service Revenue: $889,593
  • Gross Receipts: $915,004

Assets and Liabilities:

  • Total Assets: $4,561,229
  • Total Liabilities: $2,780,117
  • Net Assets: $1,781,112

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$889,593

Organization Details

Founding Year

1971

Principal Officer

Noel Lee Iii

Main Address

PO BOX 141, STOKES, NC, 27884

NTEE Category

Code: W80 - Public benefit

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