Overview
What is Ramer Water Company Inc?
Ramer Water Company Inc, based in Ramer, Alabama, serves as a vital utility provider in the rural region. With approximately 468 members relying on their services, the company's primary mission is to ensure the provision of reliable water service in the area. The organization incurs all expenses associated with the operation and upkeep of its water system, ensuring the well-being of its cooperative members in Ramer and its surrounding regions. Operating with a modest workforce of one employee, Ramer Water Company Inc continues to fulfill its mission, delivering essential water services to its community.
Is Ramer Water Company Inc legitimate?
Ramer Water Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Ramer 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,000
For more financial information, click here
What is the mission statement of Ramer Water Company Inc?
Ramer Water Company Inc's primary objective is to deliver water services to a rural community. This mission is carried out by providing water to its cooperative members in the specified area. The company incurs all expenses related to the operation and maintenance of the water system, serving approximately 468 members in Ramer and its surrounding areas. The company's main activity is centered around ensuring a reliable water supply to its rural clientele.
Who is the CEO of Ramer Water Company Inc?
Ricky Armstead is the Board Presid of Ramer Water Company Inc.
What is the revenue of Ramer Water Company Inc?
Ramer Water Company Inc's revenue in 2022 was $174,775.
Who are the executives of Ramer Water Company Inc and what are their salaries?
The average compensation at Ramer Water Company Inc during 2022 was $33,000. There is 1 employee at Ramer Water Company Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ramer Water Company Inc?
Ramer Water Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ramer Water Company Inc
Ramer Water Company Inc, a vital organization, is committed to providing water service to the rural area it serves. Its mission is centered around ensuring a reliable water supply for its cooperative members located in the rural region of Ramer, Alabama. The company incurs all expenses necessary for the operation and maintenance of its water system, ensuring that approximately 468 members in the Ramer area and its surroundings have access to this essential resource.
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Impact
October, 2024
Ramer Water Company Inc plays a crucial role in enhancing the quality of life for residents in Ramer, Alabama, by providing essential water services to approximately 468 members in the rural area. The organization ensures that a reliable and safe water supply is available, which is vital for everyday living, sanitation, and health. By focusing on the operational and maintenance needs of the water system, Ramer Water Company Inc fulfills a key public benefit, supporting both individual households and the broader community's well-being. Access to clean water not only improves health outcomes but also fosters economic development and environmental sustainability in the region.
This information is meant to be a general summary of Ramer 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 2022.
- Investment Income: $1,705
- Program Service Revenue: $173,070
- Gross Receipts: $174,775
Assets and Liabilities:
- Total Assets: $1,217,614
- Total Liabilities: $759,858
- Net Assets: $457,756
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER REVENUES
Revenue
$160,829
DEINQUENT CHARGES
Revenue
$7,156
CONNECTION FEES
Revenue
$5,085
Organization Details
Founding Year
1963
Phone
(334) 562-3333Principal Officer
Ricky Armstead
Main Address
P O BOX 128, RAMER, AL, 36069
NTEE Category
Code: W80 - Public benefit
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