Bethune Rural Water Company Inc

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

EIN: 570554976 ✦ Bethune, SC ✦ Designated as a 501(c)(4)

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Overview

What is Bethune Rural Water Company Inc?

Bethune Rural Water Company Inc, situated in Bethune, South Carolina, is a nonprofit organization dedicated to providing essential water services in rural areas. The company's primary mission is to ensure that households and other entities in these regions have access to clean and reliable water sources. By offering rural water service, Bethune Rural Water Company Inc contributes significantly to the well-being and livelihood of the communities it serves.

Is Bethune Rural Water Company Inc legitimate?

Bethune Rural Water Company Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Bethune Rural Water Company Inc 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: $7,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,151

For more financial information, click here

What is the mission statement of Bethune Rural Water Company Inc?

Bethune Rural Water Company Inc's mission is centered around providing water service to rural communities. Their primary objective is to ensure the availability of clean water for households and various entities in rural areas. The company is committed to delivering this essential service, operating with a focus on rural regions.

Who is the CEO of Bethune Rural Water Company Inc?

Tracy Coates is the Principal Officer of Bethune Rural Water Company Inc.

What is the revenue of Bethune Rural Water Company Inc?

Bethune Rural Water Company Inc's revenue in 2022 was $851,724.

Who are the executives of Bethune Rural Water Company Inc and what are their salaries?

The average compensation at Bethune Rural Water Company Inc during 2022 was $36,650. There are 4 employees at Bethune Rural Water Company Inc.


Here are 6 key members and their salaries:


Tracey Coates (President)
  • Compensation: $1,650
  • Related: $0
  • Other: $0
Daniel Catoe (Vice President)
  • Compensation: $1,100
  • Related: $0
  • Other: $0
Kershaw Graham (Sec/Treasurer)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Donald Caldwell (Board Member)
  • Compensation: $1,100
  • Related: $0
  • Other: $0
Lynwood Horton (Board Member)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Christopher H Mangum (Board Member)
  • Compensation: $900
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bethune Rural Water Company Inc?

Bethune Rural Water Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bethune Rural Water Company Inc

Bethune Rural Water Company, as a nonprofit organization, is committed to serving households and other entities in rural areas. Their primary mission is to provide reliable water service in these under-served areas. This mission is essential in ensuring that residents in rural regions have access to clean and potable water, a basic necessity for daily living. By offering rural water service, Bethune Rural Water Company contributes to the overall well-being and development of these communities, enhancing their quality of life.

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Impact




October, 2024

Bethune Rural Water Company Inc. plays a crucial role in enhancing the quality of life for residents in rural areas by providing reliable water services. By ensuring access to clean and safe water for households and local entities, it significantly contributes to public health and community well-being. The company’s mission focuses on delivering essential water services in Bethune, SC, helping to sustain agricultural activities, support local economies, and promote a healthier environment.

The impact of their service extends beyond mere access to water; it fosters community development, encourages economic growth, and improves overall living standards in rural areas. By addressing the fundamental need for water, Bethune Rural Water Company Inc. strengthens community ties and empowers residents to lead healthier, more sustainable lives.




This information is meant to be a general summary of Bethune Rural Water Company Inc. 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
$851,724 (2022)
Expenses
$597,956 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $739
  • Program Service Revenue: $673,751
  • Gross Receipts: $851,724

Assets and Liabilities:

  • Total Assets: $3,260,030
  • Total Liabilities: $882,608
  • Net Assets: $2,377,422

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Programs

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

Water sales

Revenue

$587,490

Tap and meter fees

Revenue

$35,554

Service connection fee

Revenue

$18,445

Late payment fees

Revenue

$7,954

Impact fees

Revenue

$14,102

Organization Details

Founding Year

1971

Principal Officer

Tracy Coates

Main Address

PO Box 38, Bethune, SC, 29009

NTEE Category

Code: W80 - Public benefit

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