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Lafayette Springs Water Association Inc

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

EIN: 640471245 ✦ Oxford, MS ✦ Designated as a 501(c)(12)

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Overview

What is Lafayette Springs Water Association Inc?

Lafayette Springs Water Association Inc, located in Oxford, Mississippi, operates as a nonprofit organization, primarily focusing on providing safe drinking water to its members residing in the Lafayette County and Pontotoc County areas. With a modest workforce of one dedicated individual, this association ensures the delivery of clean and potable water to its membership base. The organization's mission is deeply rooted in its commitment to maintaining the well-being and health of its community by ensuring an uninterrupted supply of safe drinking water.

Is Lafayette Springs Water Association Inc legitimate?

Lafayette Springs Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lafayette Springs 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: $27,288
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lafayette Springs Water Association Inc?

The mission of Lafayette Springs Water Association Inc, as stated, is centered around providing safe drinking water. This commitment extends to its members residing in Lafayette County and Pontotoc County areas. The organization is dedicated to ensuring the availability and quality of water for its constituents, aiming to meet their daily needs and maintain their health and well-being. The association's primary activity aligns with this mission, focusing on the provision of safe drinking water to its member base.

Who is the CEO of Lafayette Springs Water Association Inc?

Daniel Allen is the President of Lafayette Springs Water Association Inc.

What is the revenue of Lafayette Springs Water Association Inc?

Lafayette Springs Water Association Inc's revenue in 2022 was $127,748.

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

The average compensation at Lafayette Springs Water Association Inc during 2022 was $27,288. There is 1 employee at Lafayette Springs Water Association Inc.


Here are 5 key members and their salaries:


Daniel Allen (President)
  • Compensation: $27,288
  • Related: $0
  • Other: $0
Randy Bishop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mac Quarles (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mooney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Montgomery (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lafayette Springs Water Association Inc?

Lafayette Springs Water Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lafayette Springs Water Association Inc

Lafayette Springs Water Association Inc is committed to a significant mission: ensuring the availability of safe drinking water for its members residing in Lafayette County and Pontotoc County. This nonprofit organization's primary objective is to provide its members with clean and potable water, serving as a vital resource for their daily needs. By delivering safe drinking water, Lafayette Springs Water Association Inc contributes to the well-being and health of its community members, fostering a sense of security and reliability.

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Impact




October, 2024

Lafayette Springs Water Association Inc plays a vital role in ensuring access to safe drinking water for residents in the Lafayette County and Pontotoc County area. By focusing on high-quality water provision, the organization helps protect public health and supports the overall well-being of its members. This initiative not only fosters community wellness but also contributes to environmental sustainability by maintaining clean water sources. Through its commitment to safe drinking water, Lafayette Springs Water Association Inc enhances the quality of life in the local area, making it a valuable asset to the community.




This information is meant to be a general summary of Lafayette Springs 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
$127,748 (2022)
Expenses
$108,861 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $594
  • Program Service Revenue: $127,154
  • Gross Receipts: $127,748

Assets and Liabilities:

  • Total Assets: $1,052,764
  • Total Liabilities: $448,519
  • Net Assets: $604,245

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Programs

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

Membership Dues & Assessments

Revenue

$127,154

Organization Details

Founding Year

1965

Principal Officer

Daniel Allen

Main Address

90 CR 251, OXFORD, MS, 38655

NTEE Category

Code: W80 - Public benefit

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