Overview
What is Beulah Hubbard Water Association I?
Beulah Hubbard Water Association I is a nonprofit organization based in Union, Mississippi (specifically at PO Box 220). Their primary mission is to serve the water needs of residents in a rural area of Newton County, Mississippi. They achieve this by maintaining and operating a water distribution system, including a well, treatment facility, and all necessary equipment. To finance these operations, they claim depreciation expenses using the straight-line method, as stated in their description. The organization employs a small team of five individuals to carry out their water provision services.
Is Beulah Hubbard Water Association I legitimate?
Beulah Hubbard Water Association I is a legitimate nonprofit organization registered as a 501(c)(12) entity. Beulah Hubbard Water Association I 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: $109,373
For more financial information, click here
What is the mission statement of Beulah Hubbard Water Association I?
The Beulah Hubbard Water Association I is committed to providing water services to its customers in a rural area. This mission is carried out by maintaining and servicing the water distribution system, well, and treatment facility. The association achieves this by depreciating the necessary equipment and infrastructure using the straight-line method of depreciation. In essence, the Beulah Hubbard Water Association I is dedicated to ensuring a reliable water supply for its customers in a rural setting, ensuring the longevity and efficiency of its infrastructure through depreciation practices.
Who is the CEO of Beulah Hubbard Water Association I?
Wayne Lanier is the Director of Beulah Hubbard Water Association I.
What is the revenue of Beulah Hubbard Water Association I?
Beulah Hubbard Water Association I's revenue in 2022 was $485,712.
Who are the executives of Beulah Hubbard Water Association I and what are their salaries?
The average compensation at Beulah Hubbard Water Association I during 2022 was $21,875. There are 5 employees at Beulah Hubbard Water Association I.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Beulah Hubbard Water Association I?
Beulah Hubbard Water Association I's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beulah Hubbard Water Association I
Beulah Hubbard Water Association I, as a nonprofit organization, is committed to providing water to residents in a rural area. This mission is carried out through the operation and maintenance of a water distribution system, well, and treatment facility. The association utilizes the straight line method of depreciation to account for the wear and tear on these assets over time. By doing so, Beulah Hubbard Water Association I ensures the continued provision of clean, reliable water to its customers in this rural community. The organization's mission is essential in ensuring that residents in this area have access to a basic necessity, water, which is often taken for granted in more urban areas.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Beulah Hubbard Water Association I has a significant impact on the rural community in Newton County, Mississippi, by ensuring residents have access to clean and reliable water. The organization plays a crucial role in the maintenance and operation of a comprehensive water distribution system, which includes the well, treatment facility, and all related equipment. By investing in infrastructure and managing depreciation costs effectively, they maintain the sustainability and efficiency of water services. This access to safe drinking water is essential for the health and well-being of the community, supporting daily living needs and contributing to the overall quality of life in the area.
This information is meant to be a general summary of Beulah Hubbard Water Association I. 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 2022.
- Investment Income: $2,015
- Program Service Revenue: $478,097
- Gross Receipts: $485,712
Assets and Liabilities:
- Total Assets: $3,141,978
- Total Liabilities: $1,123,158
- Net Assets: $2,018,820
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES
Revenue
$464,916
PENALTIES FOR LATE PAYMENTS
Revenue
$7,981
INSTALLATION & RECONNECT FEES
Revenue
$3,750
MEMBERSHIP DUES
Revenue
$1,450
Organization Details
Founding Year
1968
Phone
(601) 774-0501Principal Officer
Wayne Lanier
Main Address
PO BOX 220, UNION, MS, 39365
NTEE Category
Code: Y22 - Mutual benefit
If you are a representative of Beulah Hubbard Water Association I and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.