Garrard County Water Association Inc

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

EIN: 610712154 ✦ Lancaster, KY ✦ Designated as a 501(c)(12)

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Overview

What is Garrard County Water Association Inc?

Garrard County Water Association Inc is a nonprofit organization situated in Lancaster, Kentucky. With a workforce of 16 individuals, their primary mission is to provide reliable water service to approximately 6,081 rural residential and commercial customers. Their reach extends to areas beyond Garrard County, serving parts of Western Madison County, Northern Lincoln County, and Western Rockcastle County in Kentucky. Their core activity involves delivering clean and potable water to their association members, ensuring the well-being of the community they serve.


Official website here: www.garrardwater.com

Is Garrard County Water Association Inc legitimate?

Garrard County Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Garrard County Water Association 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: $122,317
Professional Fundraising Fees: $0
Other Salaries and Wages: $313,153

For more financial information, click here


Official website here: www.garrardwater.com

What is the mission statement of Garrard County Water Association Inc?

Garrard County Water Association Inc's mission is centrally focused on providing water services. Their objective is to cater to the water needs of the rural residents and commercial entities in certain parts of Garrard, Western Madison, Northern Lincoln, and Western Rockcastle counties in Kentucky. The association serves a total of 6,081 water customers, ensuring the provision of reliable water service to its community.


Official website here: www.garrardwater.com

Who is the CEO of Garrard County Water Association Inc?

Sean Smith is the Board Member of Garrard County Water Association Inc.


Official website here: www.garrardwater.com

What is the revenue of Garrard County Water Association Inc?

Garrard County Water Association Inc's revenue in 2022 was $2,655,995.


Official website here: www.garrardwater.com

Who are the executives of Garrard County Water Association Inc and what are their salaries?

The average compensation at Garrard County Water Association Inc during 2022 was $27,217. There are 16 employees at Garrard County Water Association Inc.


Here are 7 key members and their salaries:


Robert Ballard (Board Member)
  • Compensation: $3,450
  • Related: $0
  • Other: $0
Jenny Lynn Whittaker (Sec-Treasurer / Board Mbr)
  • Compensation: $3,150
  • Related: $0
  • Other: $0
Felix Reynolds (Vice Pres / Board Member)
  • Compensation: $3,450
  • Related: $0
  • Other: $0
Billy Doolin (President / Board Member)
  • Compensation: $3,450
  • Related: $0
  • Other: $0
Gary Clark (Board Member)
  • Compensation: $2,550
  • Related: $0
  • Other: $0
William Oliver (Board Member)
  • Compensation: $4,250
  • Related: $0
  • Other: $0
Sean Smith (Board Member And Manager)
  • Compensation: $84,250
  • Related: $0
  • Other: $17,767


Official website here: www.garrardwater.com

Where can I find the form 990 for Garrard County Water Association Inc?

Garrard County Water Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.garrardwater.com

Learn more at the official website: www.garrardwater.com

Mission Statement of Garrard County Water Association Inc

Garrard County Water Association Inc, a nonprofit organization, is dedicated to providing water service to its members. With a mission that extends beyond just supplying water, this association aims to cater to the water needs of rural residential and commercial customers in Garrard County, as well as parts of Western Madison County, Northern Lincoln County, and Western Rockcastle County, all located in Kentucky. The primary objective of Garrard County Water Association Inc is to ensure reliable and sufficient water supply to its 6,081 customers, ensuring their daily needs are met.

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Impact




October, 2024

Garrard County Water Association Inc significantly enhances the quality of life for residents in rural Garrard County and surrounding areas. By providing reliable water service to 6,081 residential and commercial customers, it ensures that communities have access to essential clean water. This service supports public health, safety, and overall well-being, fostering a stable and vibrant environment for families and businesses alike.

With a mission focused on serving citizens in rural parts of Garrard County, as well as areas in western Madison, northern Lincoln, and western Rockcastle counties, the organization plays a vital role in promoting equitable access to water resources. Its impact extends beyond mere utility provision; it contributes to economic development and supports the agricultural sector, vital for the region's sustainability. The association’s commitment to serving these communities illustrates its fundamental role in enhancing public benefit and supporting the infrastructure necessary for everyday life.




This information is meant to be a general summary of Garrard County Water Association 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
$2,655,995 (2022)
Expenses
$2,356,315 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $96,357
  • Program Service Revenue: $2,554,410
  • Gross Receipts: $2,770,960

Assets and Liabilities:

  • Total Assets: $15,899,437
  • Total Liabilities: $1,323,087
  • Net Assets: $14,576,350

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Programs

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

WATER SALES METERED

Revenue

$2,248,759

CONNECTION FEES

Revenue

$194,464

SERVICE CHARGES

Revenue

$91,462

911 PROCESSING FEES

Revenue

$16,643

HYDRANT FEES

Revenue

$1,150

Organization Details

Founding Year

1970

Principal Officer

Sean Smith

Main Address

PO BOX 670, LANCASTER, KY, 40444

NTEE Category

Code: W80 - Public benefit

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