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Bucksport Water System Inc

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

EIN: 570809787 ✦ Conway, SC ✦ Designated as a 501(c)(12)

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Overview

What is Bucksport Water System Inc?

Bucksport Water System Inc is a nonprofit organization that focuses on supplying public water to both residential and commercial members. Their primary goal is to ensure the availability of clean water for their members, serving as a vital utility service in the community. The organization is dedicated to delivering on its mission, which is to provide high-quality public water consistently. While the information provided does not detail any additional initiatives or outreach programs, it is clear that Bucksport Water System Inc plays a crucial role in maintaining the water infrastructure and ensuring the needs of its members are met.

Is Bucksport Water System Inc legitimate?

Bucksport Water System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Bucksport Water System 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $600,853

For more financial information, click here

What is the mission statement of Bucksport Water System Inc?

Bucksport Water System Inc, as a public utility, is committed to providing clean and reliable water services to its residential and commercial members. Their mission is centered around delivering public water, ensuring that each member has access to this essential resource. The organization strives to uphold its responsibility to its members, working diligently to meet their water needs. By providing public water, Bucksport Water System Inc contributes to the well-being and daily lives of its community members.

Who is the CEO of Bucksport Water System Inc?

Edward Anderson is the Treasurer of Bucksport Water System Inc.

What is the revenue of Bucksport Water System Inc?

Bucksport Water System Inc's revenue in 2022 was $4,245,396.

Who are the executives of Bucksport Water System Inc and what are their salaries?

The average compensation at Bucksport Water System Inc during 2022 was $40,057. There are 15 employees at Bucksport Water System Inc.


Here are 5 key members and their salaries:


Steven Edge (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Singleton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Anderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Tinsdall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley C Proctor (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bucksport Water System Inc?

Bucksport Water System Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bucksport Water System Inc

Bucksport Water System, as the name suggests, is dedicated to providing public water to its members. This nonprofit organization has a mission to ensure that both residential and commercial entities in its network have access to clean, reliable water sources. The primary focus of Bucksport Water System is to fulfill this mission, serving as a vital resource for its members in their daily lives. By providing public water, Bucksport Water System contributes to the well-being of its community, ensuring that basic needs are met and supporting the overall prosperity of the area.

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Impact




October, 2024

Bucksport Water System Inc plays a crucial role in ensuring access to clean and reliable public water for both residential and commercial members in Conway, SC. By providing this essential resource, the organization supports the health and well-being of the community, facilitating everyday activities such as drinking, cooking, sanitation, and irrigation. The availability of a consistent water supply contributes to the overall quality of life and economic stability within the area, allowing businesses to operate efficiently and families to thrive. Additionally, by focusing on public water access, Bucksport Water System Inc helps foster an environment where community members can rely on safe water for their needs, promoting public health and safety.




This information is meant to be a general summary of Bucksport Water System 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
$4,245,396 (2022)
Expenses
$2,439,135 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,438
  • Program Service Revenue: $2,814,239
  • Gross Receipts: $4,245,396

Assets and Liabilities:

  • Total Assets: $19,321,017
  • Total Liabilities: $9,536,936
  • Net Assets: $9,784,081

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Programs

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

WATER SERVICE

Revenue

$2,201,052

TAP IN FEES

Revenue

$479,960

SERVICE CHARGES

Revenue

$133,227

Organization Details

Founding Year

1968

Principal Officer

Edward Anderson

Main Address

P O BOX 1032, Conway, SC, 295281032

NTEE Category

Code: K200 - Food

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