Farmington Water Association Inc

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

EIN: 640475693 ✦ Corinth, MS ✦ Designated as a 501(c)(12)

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Overview

What is Farmington Water Association Inc?

Farmington Water Association Inc is a nonprofit organization located in Corinth, Mississippi. With a team of 11 dedicated individuals, their primary mission is to provide reliable water services to approximately 2600 customers residing in Alcorn County. This community-focused organization is committed to ensuring access to clean and safe water, contributing positively to the local community's well-being.

Is Farmington Water Association Inc legitimate?

Farmington Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Farmington 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: $338,799

For more financial information, click here

What is the mission statement of Farmington Water Association Inc?

The Farmington Water Association Inc's primary mission is to deliver water services to a community of approximately 2600 customers residing in Alcorn County, Mississippi. This mission is encapsulated in their objective to provide reliable water service to this particular customer base. The association has been actively engaged in fulfilling this mission, as evidenced by their past record of providing water service to the specified number of customers. The association's role is crucial in ensuring a steady water supply for the community, thereby contributing to their overall well-being.

Who is the CEO of Farmington Water Association Inc?

Bobby Simmons is the President of Farmington Water Association Inc.

What is the revenue of Farmington Water Association Inc?

Farmington Water Association Inc's revenue in 2023 was $1,113,749.

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

The average compensation at Farmington Water Association Inc during 2023 was $30,800. There are 11 employees at Farmington Water Association Inc.


Here are 5 key members and their salaries:


Bobby Simmons (President)
  • Compensation: $43,881
  • Related: $0
  • Other: $0
Clayton Young (Vice Preside)
  • Compensation: $38,135
  • Related: $0
  • Other: $0
David Bass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Miller (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Farmington Water Association Inc?

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

Mission Statement of Farmington Water Association Inc

Farmington Water Association Inc, a water service provider, is dedicated to serving approximately 2600 customers in Alcorn County, Mississippi. Its mission is centered around providing reliable water service to this community, ensuring that residents have access to clean and potable water. The organization's activities are geared towards meeting this objective, striving to maintain the water supply infrastructure and ensuring its continuity. The Farmington Water Association Inc is committed to upholding its responsibility to its customers, ensuring a steady flow of water and maintaining the quality of the service delivered.

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Impact




October, 2024

Farmington Water Association Inc plays a crucial role in ensuring access to clean and reliable water services for approximately 2,600 customers in Alcorn County, Mississippi. By facilitating essential water services, the organization not only supports the daily needs of residents but also contributes to the overall public health and well-being of the community. The association’s commitment to providing water services fosters a sense of security and stability for households, which can impact quality of life and local economic development. In a region where reliable water access is vital, Farmington Water Association Inc serves as a foundational resource, ensuring that residents have the necessary infrastructure to thrive.




This information is meant to be a general summary of Farmington 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
$1,113,749 (2023)
Expenses
$1,243,012 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $16,934
  • Program Service Revenue: $1,096,815
  • Gross Receipts: $1,113,749

Assets and Liabilities:

  • Total Assets: $4,495,148
  • Total Liabilities: $2,215,835
  • Net Assets: $2,279,313

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Programs

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

WATER SALES

Revenue

$1,029,482

OTHER FEES

Revenue

$67,333

Organization Details

Principal Officer

Bobby Simmons

Main Address

4100 COUNTY ROAD 200, CORINTH, MS, 38834

NTEE Category

Code: W80 - Public benefit

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