Strayhorn Water Association Inc

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

EIN: 640476843 ✦ Senatobia, MS ✦ Designated as a 501(c)(12)

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Overview

What is Strayhorn Water Association Inc?

Strayhorn Water Association Inc, located in Senatobia, Mississippi, is a nonprofit organization primarily focused on water sales. Operating as a public utilities organization, it provides water to its members, fulfilling an essential need within the community. Its mission lies in supplying water, ensuring the smooth operation of this public utility.

Is Strayhorn Water Association Inc legitimate?

Strayhorn Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Strayhorn 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: $2,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,941

For more financial information, click here

What is the mission statement of Strayhorn Water Association Inc?

The Strayhorn Water Association's primary role is to provide water to its members. Operating as a public utilities organization, its mission is centered around selling water to its clientele. This organization is committed to delivering a vital resource, ensuring a continuous water supply for its members.

Who is the CEO of Strayhorn Water Association Inc?

Terry Hankins is the President of Strayhorn Water Association Inc.

What is the revenue of Strayhorn Water Association Inc?

Strayhorn Water Association Inc's revenue in 2022 was $410,843.

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

The average compensation at Strayhorn Water Association Inc during 2022 was $21,082. There are 6 employees at Strayhorn Water Association Inc.


Here are 6 key members and their salaries:


Kenny Hawkins (Director)
  • Compensation: $550
  • Related: $0
  • Other: $0
James Stevens (Vice President)
  • Compensation: $550
  • Related: $0
  • Other: $0
Samuel Martin Allison (Director)
  • Compensation: $550
  • Related: $0
  • Other: $0
Tommy Dickerson (Director)
  • Compensation: $450
  • Related: $0
  • Other: $0
Terry Hankins (President)
  • Compensation: $450
  • Related: $0
  • Other: $0
Brandon Mcmaster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Strayhorn Water Association Inc?

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

Mission Statement of Strayhorn Water Association Inc

Strayhorn Water Association, as a mission-driven organization, is primarily focused on the sale of water to its members. Serving as a public utilities organization, it ensures a reliable water supply for its community in Senatobia, MS. The association's primary role is to manage the distribution and provision of water to its members, operating with a sense of responsibility towards its clientele. This mission underscores the organization's dedication to maintaining a reliable and sustainable water supply system, thereby enhancing the quality of life for its members.

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Impact




October, 2024

Strayhorn Water Association Inc significantly impacts the Senatobia, MS community by providing reliable access to clean and safe water for its members. As a public utilities organization, it plays a vital role in enhancing the quality of life for residents and supporting the local infrastructure. By ensuring a consistent water supply, the association fosters public health, environmental sustainability, and community development. Its operations contribute to the overall well-being of the area, making it an essential resource for households and businesses alike.




This information is meant to be a general summary of Strayhorn 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
$410,843 (2022)
Expenses
$430,195 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,712
  • Program Service Revenue: $409,131
  • Gross Receipts: $410,843

Assets and Liabilities:

  • Total Assets: $1,407,854
  • Total Liabilities: $469,519
  • Net Assets: $938,335

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Programs

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

INSTALLATION CHARGES

Revenue

$9,100

LATE CHARGES

Revenue

$12,418

MEMBERSHIP FEES

Revenue

$661

MISC REVENUE

Revenue

$879

WATER REVENUE

Revenue

$386,073

Organization Details

Principal Officer

Terry Hankins

Main Address

7304 HIGHWAY 4 WEST, SENATOBIA, MS, 38668

NTEE Category

Code: W80 - Public benefit

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