Overview
What is Algoma Water Association Inc?
Algoma Water Association Inc is a nonprofit organization, specifically, a public utility, situated within its service area. Its primary mission is to cater to the water needs of rural communities, supplying a vital resource essential for daily living. The organization's activities are centered around this mission, offering water services to its rural clientele. Through its public utility operations, Algoma Water Association Inc plays a crucial role in ensuring access to clean, potable water for these communities, thereby enhancing their overall quality of life.
Is Algoma Water Association Inc legitimate?
Algoma Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Algoma 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: $114,925
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What is the mission statement of Algoma Water Association Inc?
The Algoma Water Association Inc. is dedicated to supplying water to rural communities through the operation of public utilities. Their primary mission is to ensure a reliable water supply for the residents in these areas. The association works towards this goal by managing and maintaining the water infrastructure, ensuring the quality of the water, and providing necessary services to its customers. The Algoma Water Association Inc. is committed to meeting the water needs of rural users, enhancing their overall well-being and contributing to the sustainable development of these communities.
Who is the CEO of Algoma Water Association Inc?
Scott Foster is the President of Algoma Water Association Inc.
What is the revenue of Algoma Water Association Inc?
Algoma Water Association Inc's revenue in 2022 was $901,485.
Who are the executives of Algoma Water Association Inc and what are their salaries?
The average compensation at Algoma Water Association Inc during 2022 was $16,418. There are 7 employees at Algoma Water Association Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Algoma Water Association Inc?
Algoma Water Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Algoma Water Association Inc
Algoma Water Association, as a nonprofit organization, is dedicated to providing water to rural users through the operation of public utilities. Its mission is to ensure that individuals living in rural areas have access to a reliable and clean water supply. The association works tirelessly to meet the water needs of its community, delivering this essential resource through a network of public utilities. By doing so, Algoma Water Association contributes significantly to the overall well-being and quality of life of rural residents, ensuring they have the means to maintain good health and hydration.
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Impact
October, 2024
Algoma Water Association Inc plays a crucial role in enhancing the quality of life for residents in rural areas by providing access to reliable and safe drinking water. By managing public utilities, the organization ensures that households in Algoma, MS, receive essential water services that are often challenging to secure in less populated regions. This access not only supports everyday needs but also promotes public health by reducing the risks associated with unclean or insufficient water supply. The impact extends to fostering community development, as reliable water services are foundational for residential growth, agriculture, and local business activities. Ultimately, the Algoma Water Association contributes significantly to the overall well-being and sustainability of the rural community it serves.
This information is meant to be a general summary of Algoma 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $504
- Program Service Revenue: $900,981
- Gross Receipts: $901,485
Assets and Liabilities:
- Total Assets: $2,133,253
- Total Liabilities: $933,216
- Net Assets: $1,200,037
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES
Revenue
$835,167
LATE CHARGES
Revenue
$33,426
OTHER INCOME
Revenue
$31,740
CUSTOMER SERVICE
Revenue
$450
WATER QUALITY
Revenue
$198
Organization Details
Principal Officer
Scott Foster
Main Address
P O BOX 123, ALGOMA, MS, 38820
NTEE Category
Code: W80 - Public benefit
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