Bogue Banks Water Corporation

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

EIN: 570525526 ✦ Emerald isle, NC ✦ Designated as a 501(c)(12)

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Overview

What is Bogue Banks Water Corporation?

Bogue Banks Water Corporation, based in Emerald Isle, North Carolina, is a nonprofit organization primarily committed to providing essential water services. With a workforce of 17 individuals, they manage the water needs of 6,478 customers, ensuring reliable water storage and supply. Although not explicitly mentioned in the data, it can be inferred that their mission likely encompasses maintaining water quality, addressing any related issues, and supporting the community's water requirements effectively.


Official website here: www.geocities.com/bogueba

Is Bogue Banks Water Corporation legitimate?

Bogue Banks Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Bogue Banks 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: $833,350

For more financial information, click here


Official website here: www.geocities.com/bogueba

What is the mission statement of Bogue Banks Water Corporation?

The Bogue Banks Water Corporation is dedicated to serving and providing water storage facilities for a population of approximately 6,478 customers. This mission is central to their day-to-day operations, ensuring a reliable water supply for their clientele. The corporation's primary focus is on delivering high-quality water service, demonstrating a commitment to meeting the needs of its customers. While the corporation does not engage in advocacy or research like some other organizations, its mission remains vital in ensuring a basic necessity for its community.


Official website here: www.geocities.com/bogueba

Who is the CEO of Bogue Banks Water Corporation?

Christopher Carroll is the Board Member of Bogue Banks Water Corporation.


Official website here: www.geocities.com/bogueba

What is the revenue of Bogue Banks Water Corporation?

Bogue Banks Water Corporation's revenue in 2022 was $4,309,737.


Official website here: www.geocities.com/bogueba

Who are the executives of Bogue Banks Water Corporation and what are their salaries?

The average compensation at Bogue Banks Water Corporation during 2022 was $49,021. There are 17 employees at Bogue Banks Water Corporation.


Here are 7 key members and their salaries:


Chuck Jordan (Board Member)
  • Compensation: $1,125
  • Related: $0
  • Other: $0
John Mclean Jr (Board Member)
  • Compensation: $1,125
  • Related: $0
  • Other: $0
Pamela Moss (Board Member)
  • Compensation: $1,125
  • Related: $0
  • Other: $0
Christopher Carroll (Chairman Of)
  • Compensation: $1,125
  • Related: $0
  • Other: $0
Paxon Holz (Secretary/Tr)
  • Compensation: $1,125
  • Related: $0
  • Other: $0
Natalie Crumpler (Board Member)
  • Compensation: $900
  • Related: $0
  • Other: $0
Daisy Spell (Board Member)
  • Compensation: $900
  • Related: $0
  • Other: $0


Official website here: www.geocities.com/bogueba

Where can I find the form 990 for Bogue Banks Water Corporation?

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


Official website here: www.geocities.com/bogueba

Learn more at the official website: www.geocities.com/bogueba

Mission Statement of Bogue Banks Water Corporation

Bogue Banks Water Corporation is dedicated to delivering essential water services and storage solutions to a community of 6,478 customers. At its core, the corporation's mission is to ensure a reliable water supply, providing the necessary infrastructure and management to meet the needs of its clientele. By offering water service and storage options, Bogue Banks Water Corporation plays a critical role in supporting the daily lives of its customers, enabling them to maintain their homes, businesses, and communities with access to clean and safe water. The corporation operates with a commitment to providing consistent and reliable service, ensuring that every customer can rely on a dependable water supply to meet their daily needs.

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Impact




October, 2024

Bogue Banks Water Corporation plays a crucial role in the community of Emerald Isle, NC, by providing essential water service and storage for 6,478 customers. Its operations ensure that residents have reliable access to clean water, which is vital for daily living and overall public health. The corporation's commitment to maintaining and improving water supply infrastructure directly impacts the quality of life for local residents and supports the region's growth and sustainability. With a strong focus on public benefit, Bogue Banks Water Corporation not only addresses the immediate needs of its customers but also contributes to the long-term well-being and resilience of the community.




This information is meant to be a general summary of Bogue Banks 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
$4,309,737 (2022)
Expenses
$2,651,145 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,037
  • Program Service Revenue: $4,303,700
  • Gross Receipts: $4,342,534

Assets and Liabilities:

  • Total Assets: $20,136,197
  • Total Liabilities: $487,669
  • Net Assets: $19,648,528

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Programs

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

WATER CHARGES

Revenue

$3,628,710

WATER TOWER LEASE

Revenue

$446,688

OTHER FEES

Revenue

$228,302

Organization Details

Founding Year

1968

Principal Officer

Christopher Carroll

Main Address

P O BOX 4009, EMERALD ISLE, NC, 28594

NTEE Category

Code: W80 - Public benefit

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