Fords Valley And Highway 278 Water

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

EIN: 630643446 ✦ Piedmont, AL ✦ Designated as a 501(c)(12)

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Overview

What is Fords Valley And Highway 278 Water?

Fords Valley And Highway 278 Water is a cooperative entity dedicated to procuring and supplying potable water for its clientele. With a primary objective to ensure the availability of drinkable water, this nonprofit organization operates under the mission to cater to the hydration needs of its members. By acquiring and distributing domestic water for consumption, Fords Valley and Highway 278 Water serves as a crucial water provider for its customers, ensuring they have access to a vital resource.

Is Fords Valley And Highway 278 Water legitimate?

Fords Valley And Highway 278 Water is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fords Valley And Highway 278 Water 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: $7,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,141

For more financial information, click here

What is the mission statement of Fords Valley And Highway 278 Water?

Fords Valley and Highway 278 Water, as a water utility, aims to procure and distribute potable water for the benefit of its customers. Its mission is centered around providing consumable water to its cooperative members. The organization is dedicated to meeting the water needs of its customers by ensuring a steady supply of safe and clean water. This mission is carried out through the purchase and distribution of domestic water for consumption purposes. Fords Valley and Highway 278 Water is committed to serving its customers and fulfilling its mission of providing reliable water service.

Who is the CEO of Fords Valley And Highway 278 Water?

Felix Firestone is the Board Member of Fords Valley And Highway 278 Water.

What is the revenue of Fords Valley And Highway 278 Water?

Fords Valley And Highway 278 Water's revenue in 2023 was $1,037,649.

Who are the executives of Fords Valley And Highway 278 Water and what are their salaries?

The average compensation at Fords Valley And Highway 278 Water during 2023 was $25,955. There are 8 employees at Fords Valley And Highway 278 Water.


Here are 5 key members and their salaries:


David Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Mcdaniel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Ingram (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felix Firestone (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Alford (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fords Valley And Highway 278 Water?

Fords Valley And Highway 278 Water's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Fords Valley And Highway 278 Water

Fords Valley And Highway 278 Water, as a cooperative, is dedicated to procuring and supplying drinkable water to its customers. The organization's primary mission is to ensure the availability of consumable water for its members. This mission is not just a responsibility but a commitment that Fords Valley And Highway 278 Water takes seriously, striving to meet the water needs of its customers effectively. The cooperative's actions reflect its dedication to this mission, continuously purchasing and distributing domestic water for consumption.

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Impact




October, 2024

Fords Valley and Highway 278 Water plays a crucial role in providing consumable water to the community in Piedmont, Alabama. By purchasing and distributing domestic water, the organization ensures that residents have access to clean and safe drinking water, which is essential for health and well-being. This service supports not only individual households but also promotes public health and hygiene within the area. Furthermore, their commitment to serving cooperative members highlights a focus on community engagement and collaboration, strengthening the bonds among residents while addressing a fundamental need for a reliable water supply.




This information is meant to be a general summary of Fords Valley And Highway 278 Water. 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
$1,037,649 (2023)
Expenses
$726,976 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,480
  • Program Service Revenue: $1,035,554
  • Gross Receipts: $1,037,649

Assets and Liabilities:

  • Total Assets: $2,468,450
  • Total Liabilities: $151,265
  • Net Assets: $2,317,185

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Programs

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

Water revenue

Revenue

$946,674

Penalties

Revenue

$21,809

Leak Protection plan

Revenue

$31,115

Lock offreconnect fees

Revenue

$15,746

New services

Revenue

$14,080

Organization Details

Founding Year

1971

Principal Officer

Felix Firestone

Main Address

9529 US Hwy 278 E, Piedmont, AL, 36272

NTEE Category

Code: W80 - Public benefit

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