Alcorn County Water Association Inc

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

EIN: 640521462 ✦ Corinth, MS ✦ Designated as a 501(c)(12)

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Overview

What is Alcorn County Water Association Inc?

Alcorn County Water Association Inc, located in Corinth, Mississippi, is a nonprofit organization primarily focused on providing water services to approximately 2,486 rural residents in Alcorn and Tishomingo counties. Established with a mission to construct and operate a rural waterworks system, the association aims to ensure reliable water supply for the selected areas in Mississippi. With a team of eight dedicated employees, the organization ensures the efficient operation of its water system, contributing positively to the local community.

Is Alcorn County Water Association Inc legitimate?

Alcorn County Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Alcorn County 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: $284,036

For more financial information, click here

What is the mission statement of Alcorn County Water Association Inc?

The Alcorn County Water Association Inc's mission is centered around constructing and operating a rural waterworks system. This system is designed to provide essential water services to the residents of selected areas in Alcorn and Tishomingo Counties, Mississippi. The organization's primary goal is to ensure reliable access to clean water for these communities, enhancing their overall living conditions and quality of life. The association has served approximately 2,486 customers, providing them with a vital resource that is often taken for granted in urban areas. The organization's activities focus on the construction and maintenance of the water infrastructure, ensuring a consistent supply of water to its customers.

Who is the CEO of Alcorn County Water Association Inc?

Keith Stevens is the President of Alcorn County Water Association Inc.

What is the revenue of Alcorn County Water Association Inc?

Alcorn County Water Association Inc's revenue in 2023 was $1,682,688.

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

The average compensation at Alcorn County Water Association Inc during 2023 was $35,504. There are 8 employees at Alcorn County Water Association Inc.


Here are 5 key members and their salaries:


Keith Stevens (President)
  • Compensation: $1,375
  • Related: $0
  • Other: $0
Mark Conner (Vice Preside)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Gary Kitchens (Secretary/Tr)
  • Compensation: $1,375
  • Related: $0
  • Other: $0
Jacky Rowsey (Director)
  • Compensation: $1,100
  • Related: $0
  • Other: $0
Chuck Bullock (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alcorn County Water Association Inc?

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

Mission Statement of Alcorn County Water Association Inc

Alcorn County Water Association Inc is dedicated to constructing and operating a rural waterworks system, serving the residents of specified areas in Alcorn and Tishomingo Counties, Mississippi. This nonprofit organization's primary mission is to ensure a reliable and sustainable water supply for these rural communities, thereby enhancing their overall living standards and quality of life. By providing water service to approximately 2,486 customers, Alcorn County Water Association Inc plays a crucial role in addressing the essential water needs of these communities, contributing to their social and economic development.

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Impact




October, 2024

Alcorn County Water Association Inc plays a vital role in enhancing the quality of life for residents in rural Alcorn and Tishomingo Counties, Mississippi. By constructing and operating a rural waterworks system, the organization provides essential water services to approximately 2,486 customers in these areas. This access to reliable and safe water not only supports daily living needs but also fosters public health and sanitation, contributing to the overall well-being of the community. The association’s commitment to improving water infrastructure ensures that communities can thrive, promoting economic development and stability in the region.




This information is meant to be a general summary of Alcorn County 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
$1,682,688 (2023)
Expenses
$1,109,839 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $2,685
  • Program Service Revenue: $1,364,455
  • Gross Receipts: $1,682,688

Assets and Liabilities:

  • Total Assets: $7,374,082
  • Total Liabilities: $2,425,411
  • Net Assets: $4,948,671

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Programs

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

WATER SALES

Revenue

$1,265,728

MAINTENANCE FEE & SVC CHARG

Revenue

$56,735

FORFEITED DISCOUNTS

Revenue

$21,249

TAPPING FEES

Revenue

$11,065

OTHER FEES

Revenue

$9,680

Organization Details

Founding Year

1971

Principal Officer

Keith Stevens

Main Address

PO BOX 1388, CORINTH, MS, 388341388

NTEE Category

Code: W80 - Public benefit

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