Lake Village Water Association Inc

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

EIN: 610716901 ✦ Burgin, KY ✦ Designated as a 501(c)(12)

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Overview

What is Lake Village Water Association Inc?

Lake Village Water Association Inc is a nonprofit organization primarily dedicated to the provision of water services to rural communities. Its main objective, as stated in its mission, is to sell water to its customer base. The organization's activities are centered around this mission, ensuring a consistent water supply to its rural clientele. While the information provided does not delve into additional aspects such as advocacy, research, or community outreach, it is clear that Lake Village Water Association Inc plays a crucial role in ensuring a vital resource is accessible to its customers.


Official website here: www.lakevillagewater.com

Is Lake Village Water Association Inc legitimate?

Lake Village Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lake Village 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: $27,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $405,868

For more financial information, click here


Official website here: www.lakevillagewater.com

What is the mission statement of Lake Village Water Association Inc?

The Lake Village Water Association Inc's primary objective is centered around the sale of water to rural customers. This organization does not seem to have a broader mission encompassing community development or social welfare initiatives, as its focus is solely on providing water services to its rural clientele.


Official website here: www.lakevillagewater.com

Who is the CEO of Lake Village Water Association Inc?

James Boyd is the Vice Chair of Lake Village Water Association Inc.


Official website here: www.lakevillagewater.com

What is the revenue of Lake Village Water Association Inc?

Lake Village Water Association Inc's revenue in 2022 was $966,719.


Official website here: www.lakevillagewater.com

Who are the executives of Lake Village Water Association Inc and what are their salaries?

The average compensation at Lake Village Water Association Inc during 2022 was $54,108. There are 8 employees at Lake Village Water Association Inc.


Here are 5 key members and their salaries:


Kenny Carey (Vice Chair)
  • Compensation: $5,400
  • Related: $0
  • Other: $0
Andrea Gross (Sec/Treas)
  • Compensation: $5,400
  • Related: $0
  • Other: $0
James Boyd (Chairman)
  • Compensation: $5,400
  • Related: $0
  • Other: $0
Jeff Hughes (Director)
  • Compensation: $5,400
  • Related: $0
  • Other: $0
Thomas Hager (Director)
  • Compensation: $5,400
  • Related: $0
  • Other: $0


Official website here: www.lakevillagewater.com

Where can I find the form 990 for Lake Village Water Association Inc?

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


Official website here: www.lakevillagewater.com

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

Mission Statement of Lake Village Water Association Inc

Lake Village Water Association Inc is dedicated to fulfilling a singular mission: the sale of water to rural customers. This organization serves a vital role in providing this essential resource to individuals living in rural areas. By focusing on this primary objective, Lake Village Water Association Inc ensures a steady water supply for its clientele, contributing to their overall well-being and daily needs.

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Impact




October, 2024

Lake Village Water Association Inc plays a crucial role in providing clean and reliable water to rural customers in the Burgin, Kentucky area. By focusing on the sale of water, the organization ensures that residents have access to this essential resource, which is vital for health, sanitation, and daily living. Its efforts help improve the quality of life for the community, support public health initiatives, and contribute to the overall sustainability of rural living. The continual provision of water aligns with broader public benefit goals by enhancing community resilience and fostering economic stability in the region.




This information is meant to be a general summary of Lake Village 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
$966,719 (2022)
Expenses
$1,169,678 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $676
  • Program Service Revenue: $40,000
  • Gross Receipts: $1,581,699

Assets and Liabilities:

  • Total Assets: $5,017,414
  • Total Liabilities: $3,973,751
  • Net Assets: $1,043,663

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Programs

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

MANAGEMENT FEE

Revenue

$40,000

Organization Details

Founding Year

1973

Principal Officer

James Boyd

Main Address

PO BOX 303, BURGIN, KY, 40310

NTEE Category

Code: W80 - Public benefit

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