Harmony Water Association Inc

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

EIN: 640443201 ✦ Quitman, MS ✦ Designated as a 501(c)(12)

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Overview

What is Harmony Water Association Inc?

Harmony Water Association Inc, located in Quitman, Mississippi, is a nonprofit organization dedicated to providing essential water services to rural communities in Clarke County, specifically including Harmony, Mississippi. The association claims depreciation expenses on its water distribution system, equipment, and facilities, utilizing the straight-line method of depreciation. With a workforce of 14 individuals, Harmony Water Association Inc plays a crucial role in ensuring a reliable water supply for its customers in these remote areas.


Official website here: www.harmonywater.myruralwater.com

Is Harmony Water Association Inc legitimate?

Harmony Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Harmony Water Association 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: $309,313

For more financial information, click here


Official website here: www.harmonywater.myruralwater.com

What is the mission statement of Harmony Water Association Inc?

Harmony Water Association Inc's mission is centered around providing essential water services. It primarily serves rural areas within Clarke County, Mississippi, ensuring access to this vital resource for the community of Harmony, Mississippi. The association's activities revolve around maintaining and servicing the water distribution system, well, and treatment facility, for which depreciation expenses are claimed using the straight-line method. Effectively, Harmony Water Association Inc is dedicated to ensuring a reliable water supply for its customers in the specified rural areas.


Official website here: www.harmonywater.myruralwater.com

Who is the CEO of Harmony Water Association Inc?

Darrick Marshall is the Director of Harmony Water Association Inc.


Official website here: www.harmonywater.myruralwater.com

What is the revenue of Harmony Water Association Inc?

Harmony Water Association Inc's revenue in 2023 was $1,323,608.


Official website here: www.harmonywater.myruralwater.com

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

The average compensation at Harmony Water Association Inc during 2023 was $22,094. There are 14 employees at Harmony Water Association Inc.


Here are 5 key members and their salaries:


Paula Cooks (Director)
  • Compensation: $6,250
  • Related: $0
  • Other: $0
Donald Kemp (Director)
  • Compensation: $6,250
  • Related: $0
  • Other: $0
Darrick Marshall (President)
  • Compensation: $6,250
  • Related: $0
  • Other: $0
Jeff Arrington (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Michael Robinson (Vice Preside)
  • Compensation: $6,000
  • Related: $0
  • Other: $0


Official website here: www.harmonywater.myruralwater.com

Where can I find the form 990 for Harmony Water Association Inc?

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


Official website here: www.harmonywater.myruralwater.com

Learn more at the official website: www.harmonywater.myruralwater.com

Mission Statement of Harmony Water Association Inc

Harmony Water Association Inc, a nonprofit organization, is dedicated to supplying clean water to residents in certain rural areas of Clarke County, Mississippi. This includes the community of Harmony, Mississippi. The mission of Harmony Water Association Inc is centered around providing essential water services, ensuring that residents in these areas have access to a necessary resource for daily living. To fulfill this mission, the organization maintains and services the water distribution system, well, and treatment facility. To account for the depreciation of these assets, Harmony Water Association Inc utilizes the straight line method of depreciation. This method systematically allocates the cost of these assets over their expected useful lifespan, ensuring that the organization can sustainably continue its water provision services.

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Impact




October, 2024

Harmony Water Association Inc significantly enhances the quality of life for residents in certain rural areas of Clarke County, Mississippi, particularly in the community of Harmony. By providing a reliable source of water, the organization directly impacts public health, sanitation, and overall well-being of the community.

The association maintains a water distribution system and treatment facility, ensuring that customers have access to clean and safe drinking water. This is not only crucial for daily living but also supports local agriculture and businesses, contributing to the economic stability of the region.

Moreover, Harmony Water Association's commitment to maintaining and upgrading its infrastructure through essential activities, such as accounting for depreciation on equipment, underscores its dedication to sustainable operations. This responsible management enables the organization to address long-term maintenance needs and invest in future improvements, ultimately fostering a more resilient and thriving community.




This information is meant to be a general summary of Harmony Water Association 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
$1,323,608 (2023)
Expenses
$1,253,653 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $55,967
  • Program Service Revenue: $1,263,626
  • Gross Receipts: $1,323,608

Assets and Liabilities:

  • Total Assets: $6,603,064
  • Total Liabilities: $2,304,761
  • Net Assets: $4,298,303

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Programs

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

WATER SALES

Revenue

$1,162,130

SERVICE CHARGES

Revenue

$43,892

LATE PENALTIES

Revenue

$41,554

INSTALLATION FEES

Revenue

$9,050

MEMBERSHIP FEES

Revenue

$7,000

Organization Details

Founding Year

1966

Principal Officer

Darrick Marshall

Main Address

P O BOX 342, QUITMAN, MS, 39355

NTEE Category

Code: W80 - Public benefit

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