Overview
What is North Lauderdale Water Association?
North Lauderdale Water Association, based in Bailey, Mississippi, is a rural water organization serving customers in a rural area of North Central Lauderdale County. Their primary activity involves providing water services to their community, maintaining and servicing their water distribution system, well, and treatment facility. They also allocate resources for maintaining internet services, claiming depreciation expenses using the straight-line method. With a team of 18 dedicated employees, North Lauderdale Water Association works tirelessly to ensure the reliable supply of clean water to its customers.
Official website here: www.northlauderdalewater.com
Is North Lauderdale Water Association legitimate?
North Lauderdale Water Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. North Lauderdale 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: $638,887
For more financial information, click here
Official website here: www.northlauderdalewater.com
What is the mission statement of North Lauderdale Water Association?
The North Lauderdale Water Association, functioning as a rural water organization, is committed to supplying water to its customers residing in a rural area. Its primary activity involves managing and maintaining an efficient water distribution system and related equipment, including the well, treatment facility, and internet services. The association utilizes the straight-line method of depreciation to claim depreciation expenses on these assets over their useful lives. However, the mission statement of the North Lauderdale Water Association, if one exists, is not provided in the given information.
Official website here: www.northlauderdalewater.com
Who is the CEO of North Lauderdale Water Association?
Todd Kiefer is the President of North Lauderdale Water Association.
Official website here: www.northlauderdalewater.com
What is the revenue of North Lauderdale Water Association?
North Lauderdale Water Association's revenue in 2023 was $3,057,756.
Official website here: www.northlauderdalewater.com
Who are the executives of North Lauderdale Water Association and what are their salaries?
The average compensation at North Lauderdale Water Association during 2023 was $35,494. There are 18 employees at North Lauderdale Water Association.
Here are 5 key members and their salaries:
- Compensation: $27,181
- Related: $0
- Other: $0
- Compensation: $1,300
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
Official website here: www.northlauderdalewater.com
Where can I find the form 990 for North Lauderdale Water Association?
North Lauderdale Water Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.northlauderdalewater.com
Learn more at the official website: www.northlauderdalewater.com
Mission Statement of North Lauderdale Water Association
North Lauderdale Water Association, Inc. is a rural water organization with a mission to serve customers residing in a rural area of North Central Lauderdale County, Mississippi. This nonprofit is dedicated to providing clean and reliable water, maintaining a water distribution system, and operating a treatment facility. The association also ensures the proper functioning of all necessary equipment, including the well, distribution system, and internet services, by utilizing the straight-line method of depreciation for these assets. In essence, North Lauderdale Water Association, Inc. works tirelessly to meet the water needs of its rural community, ensuring a consistent and dependable water supply.
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Impact
October, 2024
North Lauderdale Water Association plays a crucial role in providing essential water services to residents in the rural community of North Central Lauderdale County, Mississippi. By ensuring a reliable supply of clean water, the association supports the health and well-being of the local population, who depend on this vital resource for drinking, sanitation, and other daily needs.
The association operates and maintains a comprehensive water distribution system and treatment facility, employing necessary equipment to uphold service quality and efficiency. The management of depreciation expenses related to the water distribution infrastructure and equipment reflects its commitment to sustainability and the continuous improvement of water services.
In addition to fulfilling the immediate need for water, the North Lauderdale Water Association contributes to the overall public benefit of the community, fostering a healthier environment and supporting economic stability by enabling households and businesses to thrive with access to vital water resources.
This information is meant to be a general summary of North Lauderdale 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $63,644
- Program Service Revenue: $2,734,835
- Gross Receipts: $3,057,756
Assets and Liabilities:
- Total Assets: $10,538,235
- Total Liabilities: $6,251,919
- Net Assets: $4,286,316
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES
Revenue
$2,396,601
INTERNET SERVICES INCOME
Revenue
$230,247
LATE PENALTIES
Revenue
$56,553
SERVICE FEES
Revenue
$40,546
ALL OTHER PROGRAMS
Revenue
$9,838
Organization Details
Founding Year
1966
Phone
(601) 681-6157Principal Officer
Todd Kiefer
Main Address
P O BOX 143, BAILEY, MS, 39320
Website
www.northlauderdalewater.comNTEE Category
Code: W80Z - Public benefit
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