Overview
What is Freeny Water Association?
Freeny Water Association is a nonprofit organization located in Carthage, Mississippi, specifically at 1411 HWY 39051. Its primary mission is to provide water services to approximately two thousand members. The revenue generated from these services enables the association to maintain the water system and retire any outstanding debt. With a small workforce of three individuals, Freeny Water Association plays a crucial role in ensuring a steady water supply for its community members.
Is Freeny Water Association legitimate?
Freeny Water Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Freeny Water Association 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: $148,791
For more financial information, click here
What is the mission statement of Freeny Water Association?
The Freeny Water Association's primary mission is to supply water to approximately two thousand of its members. By generating revenue from the water services provided to its members, the association is able to maintain its water system and retire any existing debt. This essential service ensures the continued availability of clean water for the association's members. The association's primary focus is on meeting the water needs of its community, ensuring the well-being and health of its members. The association's activities are centered around maintaining and improving its water infrastructure, ensuring the reliable supply of clean water to its members.
Who is the CEO of Freeny Water Association?
H V Neal is the Director of Freeny Water Association.
What is the revenue of Freeny Water Association?
Freeny Water Association's revenue in 2022 was $661,623.
Who are the executives of Freeny Water Association and what are their salaries?
The average compensation at Freeny Water Association during 2022 was $49,597. There are 3 employees at Freeny Water Association.
Here are 5 key members and their salaries:
- Compensation: $960
- Related: $0
- Other: $0
- Compensation: $960
- Related: $0
- Other: $0
- Compensation: $960
- Related: $0
- Other: $0
- Compensation: $960
- Related: $0
- Other: $0
- Compensation: $960
- Related: $0
- Other: $0
Where can I find the form 990 for Freeny Water Association?
Freeny Water Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Freeny Water Association
Freeny Water Association, a nonprofit organization, is dedicated to providing water to approximately two thousand of its members. At the heart of its mission is the supply of this essential resource, ensuring the well-being and daily needs of its member base. The revenue generated from the water service provided to these members enables the association to maintain the water system and work towards retiring any outstanding debt. By fulfilling this vital role, Freeny Water Association plays a significant part in the lives of its members, providing them with a reliable water source.
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Impact
October, 2024
Freeny Water Association significantly impacts the community by providing clean and reliable water to approximately 2,000 members in Carthage, MS. This essential service not only meets the daily needs of its members but also facilitates the overall health and well-being of the community. The revenue generated from water services supports the maintenance of the water system, ensuring that it remains efficient and functional. Additionally, this financial model allows the association to manage and retire its debt, contributing to its long-term sustainability. By prioritizing its mission to deliver quality water, Freeny Water Association plays a crucial role in enhancing the quality of life for residents and promoting public benefit in the area.
This information is meant to be a general summary of Freeny Water Association. 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 2022.
- Investment Income: $1,519
- Program Service Revenue: $660,104
- Gross Receipts: $661,623
Assets and Liabilities:
- Total Assets: $2,810,640
- Total Liabilities: $751,590
- Net Assets: $2,059,050
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY WATER ASSOC
Revenue
$660,104
Organization Details
Founding Year
1968
Phone
(601) 267-8266Principal Officer
H V Neal
Main Address
1411 HWY 35 SOUTH, CARTHAGE, MS, 39051
NTEE Category
Code: W80 - Public benefit
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