Overview
What is Marlboro Water Company Inc?
Marlboro Water Company Inc, located in Bennettsville, South Carolina, serves as a vital nonprofit entity catering to the water needs of rural areas within Marlboro County. With a dedicated workforce of ten individuals, the company's primary mission is to extend access to clean water to these under-served communities. The organization continues to expand its reach, ensuring that more rural areas have reliable water supplies. The company's activities are centered around this core goal, making it an essential provider of this essential resource in the region.
Is Marlboro Water Company Inc legitimate?
Marlboro Water Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Marlboro 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: $22,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $265,284
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What is the mission statement of Marlboro Water Company Inc?
The mission of Marlboro Water Company Inc, as stated, is centered around supplying water to rural areas. In essence, their primary objective is to fulfill the water requirements of these rural communities. The company is committed to expanding its reach, aiming to provide water service to even more rural areas beyond its current scope.
What is the revenue of Marlboro Water Company Inc?
Marlboro Water Company Inc's revenue in 2023 was $1,589,558.
Who are the executives of Marlboro Water Company Inc and what are their salaries?
The average compensation at Marlboro Water Company Inc during 2023 was $26,171. There are 11 employees at Marlboro Water Company Inc.
Here are 9 key members and their salaries:
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $2,880
- Related: $0
- Other: $0
- Compensation: $2,880
- Related: $0
- Other: $0
- Compensation: $2,800
- Related: $0
- Other: $0
- Compensation: $2,760
- Related: $0
- Other: $0
- Compensation: $2,760
- Related: $0
- Other: $0
- Compensation: $2,530
- Related: $0
- Other: $0
- Compensation: $2,300
- Related: $0
- Other: $0
- Compensation: $690
- Related: $0
- Other: $0
Where can I find the form 990 for Marlboro Water Company Inc?
Marlboro Water Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Marlboro Water Company Inc
Marlboro Water Company Inc, as its name suggests, is dedicated to providing water to the rural areas of its jurisdiction. Its primary mission is to meet the water needs of the residents in these rural areas, striving to expand its services to cater to an increasing number of communities. The company is continually working towards its objective, aiming to provide water service to additional rural areas. By doing so, Marlboro Water Company Inc contributes to ensuring a basic necessity, water, is available to all, thereby enhancing the quality of life in these rural communities.
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Impact
October, 2024
Marlboro Water Company Inc plays a crucial role in enhancing the quality of life for residents in rural areas of Marlboro County. By providing access to clean and reliable water, the company meets the essential needs of its members and supports community health and well-being. Its ongoing expansion efforts aim to extend water services to additional rural regions, ensuring that more residents benefit from this vital resource. The company's commitment to public benefit significantly contributes to the infrastructure and sustainability of the area, fostering economic development and improving overall living conditions for the community.
This information is meant to be a general summary of Marlboro 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $35,548
- Program Service Revenue: $1,554,010
- Gross Receipts: $1,589,558
Assets and Liabilities:
- Total Assets: $11,240,325
- Total Liabilities: $6,675,767
- Net Assets: $4,564,558
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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
$1,554,010
Organization Details
Founding Year
1972
Principal Officer
George Mcelveen
NTEE Category
Code: W80 - Public benefit
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