Belforest Water System Inc

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

EIN: 630649171 ✦ Daphne, AL ✦ Designated as a 501(c)(12)

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Overview

What is Belforest Water System Inc?

Belforest Water System Inc, based in Daphne, Alabama (specifically at 9080 County Road 64), is a nonprofit organization that plays a crucial role in the Belforest community in Baldwin County. Its primary mission is to operate and oversee a water distribution system, ensuring reliable access to clean water for the local residents. With a team of 12 dedicated employees, the organization is committed to providing essential water services, contributing significantly to the well-being and comfort of the Belforest community.


Official website here: www.belforestwater.com

Is Belforest Water System Inc legitimate?

Belforest Water System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Belforest Water System 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: $13,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $594,383

For more financial information, click here


Official website here: www.belforestwater.com

What is the mission statement of Belforest Water System Inc?

Belforest Water System Inc's mission revolves around providing water service to its community. Specifically, its primary objective is to ensure the availability and distribution of water within the Belforest community in Alabama. The company owns and operates a water distribution system to fulfill this purpose, contributing to the essential needs and well-being of the local population. While its mission is straightforward, it plays a crucial role in maintaining the daily lives and health of the residents within its jurisdiction.


Official website here: www.belforestwater.com

Who is the CEO of Belforest Water System Inc?

Charles Dube is the President of Belforest Water System Inc.


Official website here: www.belforestwater.com

What is the revenue of Belforest Water System Inc?

Belforest Water System Inc's revenue in 2022 was $3,622,088.


Official website here: www.belforestwater.com

Who are the executives of Belforest Water System Inc and what are their salaries?

The average compensation at Belforest Water System Inc during 2022 was $50,632. There are 12 employees at Belforest Water System Inc.


Here are 5 key members and their salaries:


Charles Dube (President)
  • Compensation: $3,300
  • Related: $0
  • Other: $0
Daryl Cleworth (Member)
  • Compensation: $2,100
  • Related: $0
  • Other: $0
James Mcfall (Vice President)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Patrick Heiter (Secretary)
  • Compensation: $2,400
  • Related: $0
  • Other: $0
Don Joffe (Member)
  • Compensation: $2,400
  • Related: $0
  • Other: $0


Official website here: www.belforestwater.com

Where can I find the form 990 for Belforest Water System Inc?

Belforest Water System Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.belforestwater.com

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

Mission Statement of Belforest Water System Inc

Belforest Water System Inc, a crucial entity, is dedicated to providing water service to its community. This nonprofit organization's mission is centered around ensuring a reliable water supply for the residents of Belforest, a community located in Baldwin County, Alabama. By owning and operating a water distribution system, Belforest Water System Inc plays a pivotal role in meeting the community's hydration needs, thereby contributing significantly to its overall well-being.

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Impact




October, 2024

Belforest Water System Inc plays a crucial role in delivering essential water services to the community of Belforest in Baldwin County, Alabama. By owning and operating a water distribution system, it ensures that residents have access to safe and reliable drinking water, which is fundamental for health, hygiene, and overall quality of life. The organization's commitment to providing these vital services directly contributes to the well-being of the community, fostering a environment where residents can thrive. Moreover, by maintaining infrastructure and managing resources, Belforest Water System Inc supports sustainable practices that benefit both current and future generations. Through its efforts, the organization not only enhances public health but also strengthens the community's resilience and capacity for growth.




This information is meant to be a general summary of Belforest Water System 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
$3,622,088 (2022)
Expenses
$2,321,018 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,843
  • Program Service Revenue: $3,615,245
  • Gross Receipts: $3,622,088

Assets and Liabilities:

  • Total Assets: $19,102,556
  • Total Liabilities: $2,778,239
  • Net Assets: $16,324,317

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Programs

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

WATER SALES

Revenue

$2,542,746

CONNECTION & METER FEE

Revenue

$718,372

IMPACT FEES

Revenue

$294,500

LATE CHARGES

Revenue

$32,152

MISCELLANEOUS

Revenue

$27,475

Organization Details

Founding Year

1972

Principal Officer

Charles Dube

Main Address

9080 COUNTY RD 64, DAPHNE, AL, 36526

NTEE Category

Code: W80 - Public benefit

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