Nesbit Water Association

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

EIN: 640439565 ✦ Nesbit, MS ✦ Designated as a 501(c)(12)

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Overview

What is Nesbit Water Association?

Nesbit Water Association, based in Nesbit, Mississippi, acts as a public utility. Its primary objective is to ensure the availability of water to its members. As a dedicated organization, its mission revolves around providing water services to its community, demonstrating a commitment to the well-being and needs of its constituents.

Is Nesbit Water Association legitimate?

Nesbit Water Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Nesbit 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: $262,938

For more financial information, click here

What is the mission statement of Nesbit Water Association?

The Nesbit Water Association, as a public utility, is committed to serving its members by providing them with reliable water supplies. Their mission, in essence, is to ensure a consistent water supply to all their members, maintaining the highest standards of quality and service. They strive to meet the water needs of their community, fostering a sense of trust and satisfaction among their members. The association's operations are geared towards delivering a vital resource, thereby enhancing the daily lives of those it serves.

Who is the CEO of Nesbit Water Association?

David Mark Harris is the Director of Nesbit Water Association.

What is the revenue of Nesbit Water Association?

Nesbit Water Association's revenue in 2023 was $1,294,823.

Who are the executives of Nesbit Water Association and what are their salaries?

The average compensation at Nesbit Water Association during 2023 was $37,563. There are 7 employees at Nesbit Water Association.


Here are 5 key members and their salaries:


Tommy Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perry Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Barnes (Secy/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mark Harris (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Loomis (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nesbit Water Association?

Nesbit Water Association's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Nesbit Water Association

Nesbit Water Association, as a public utility, is dedicated to serving its members by providing them with essential water supplies. The organization's mission is centered around this fundamental objective, aiming to ensure a constant flow of water to its members. By fulfilling this mission, Nesbit Water Association plays a vital role in maintaining the well-being and daily lives of its community members.

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Impact




October, 2024

Nesbit Water Association plays a crucial role in ensuring a reliable water supply for its members in Nesbit, MS. By providing access to clean and safe water, the association supports both daily living needs and public health within the community. This vital service enhances the quality of life for residents and contributes to the overall well-being of the area. The association’s commitment to maintaining and delivering water resources fosters community growth, safety, and sustainability, making it an integral part of the local infrastructure.




This information is meant to be a general summary of Nesbit 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.

Revenue
$1,294,823 (2023)
Expenses
$894,077 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $30,228
  • Program Service Revenue: $1,264,595
  • Gross Receipts: $1,294,823

Assets and Liabilities:

  • Total Assets: $6,124,557
  • Total Liabilities: $244,834
  • Net Assets: $5,879,723

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Programs

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

WATER SALES

Revenue

$958,131

CONTRIBUTION IN AID OF CONSTR

Revenue

$266,797

TAP FEES

Revenue

$34,667

IMPACT FEES

Revenue

$5,000

Organization Details

Principal Officer

David Mark Harris

Main Address

PO BOX 35, NESBIT, MS, 38651

NTEE Category

Code: W80 - Public benefit

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