Good Hope Water Association Inc

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

EIN: 640535138 ✦ Bassfield, MS ✦ Designated as a 501(c)(12)

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Overview

What is Good Hope Water Association Inc?

Good Hope Water Association Inc, situated in Bassfield, Mississippi, is a public utility organization. Its primary objective is to ensure the provision of clean and potable water to its customers. By serving as a water supplier, this nonprofit is committed to maintaining the health and well-being of its community by delivering high-quality water services. The organization is dedicated to meeting the water needs of its customers and upholding the highest standards of water quality and service.

Is Good Hope Water Association Inc legitimate?

Good Hope Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Good Hope 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: $213,072

For more financial information, click here

What is the mission statement of Good Hope Water Association Inc?

Good Hope Water Association's mission, as a public utility, is centered around providing clean water to its customers. The organization is committed to ensuring that the water it supplies is of the highest quality, thereby meeting the needs of its user base. By focusing on clean water provision, Good Hope Water Association contributes significantly to public health and well-being. It is an essential service that supports various daily activities, underscoring the importance of its mission. The organization consistently strives to maintain high standards and deliver on its promise to provide clean water.

Who is the CEO of Good Hope Water Association Inc?

Thomas Arnold is the Director of Good Hope Water Association Inc.

What is the revenue of Good Hope Water Association Inc?

Good Hope Water Association Inc's revenue in 2023 was $611,584.

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

The average compensation at Good Hope Water Association Inc during 2023 was $26,634. There are 8 employees at Good Hope Water Association Inc.


Here are 5 key members and their salaries:


Sidney Fails (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Ray Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Mcraney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Arnold (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Davis (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Good Hope Water Association Inc?

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

Mission Statement of Good Hope Water Association Inc

Good Hope Water Association, as a public utility, is dedicated to delivering clean water to its customers. Their mission, in simple terms, is to ensure the provision of hygienic and safe water supplies, catering to the needs of their clientele. This nonprofit organization prioritizes the well-being of its community by ensuring the quality and reliability of its water services.

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Impact




October, 2024

Good Hope Water Association Inc plays a crucial role in ensuring access to clean water for the community in Bassfield, MS. By functioning as a public utility, it directly impacts public health and quality of life for its customers. With a mission focused on delivering safe and reliable water, Good Hope Water Association contributes significantly to the well-being of individuals and families, promoting sanitation and hygiene. The association’s efforts help foster a healthier environment and support the overall development of the community, making clean water accessible to all residents.




This information is meant to be a general summary of Good Hope 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
$611,584 (2023)
Expenses
$535,813 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $30,324
  • Program Service Revenue: $570,370
  • Gross Receipts: $611,584

Assets and Liabilities:

  • Total Assets: $4,406,933
  • Total Liabilities: $818,047
  • Net Assets: $3,588,886

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$570,370

Organization Details

Principal Officer

Thomas Arnold

Main Address

P O BOX 177, BASSFIELD, MS, 39421

NTEE Category

Code: W80 - Public benefit

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