New Hope Water Association Inc

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

EIN: 640540069 ✦ Mount olive, MS ✦ Designated as a 501(c)(4)

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Overview

What is New Hope Water Association Inc?

New Hope Water Association Inc, based in Mount Olive, Mississippi, is a public utilities organization that serves rural communities. Their primary function is the production and distribution of clean water to their clientele, making a significant impact on the lives of those in the area. As a nonprofit organization, they are committed to ensuring reliable and safe water supply for their customers, thereby contributing to the overall well-being and development of the rural community.

Is New Hope Water Association Inc legitimate?

New Hope Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. New 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: $83,876

For more financial information, click here

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

The New Hope Water Association's mission is centered around providing water for rural communities. Acting as a public utilities organization, its primary objective is to produce and distribute water to its customers in a rural setting. The association's mission is to ensure a reliable water supply, contributing to the well-being and daily needs of the people it serves. It operates with a commitment to delivering clean and safe water, essential for various household and agricultural uses. The association's activities are geared towards meeting the water needs of rural communities, enhancing their quality of life.

Who is the CEO of New Hope Water Association Inc?

Ben Sartin is the Director of New Hope Water Association Inc.

What is the revenue of New Hope Water Association Inc?

New Hope Water Association Inc's revenue in 2022 was $443,293.

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

The average compensation at New Hope Water Association Inc during 2022 was $16,775. There are 5 employees at New Hope Water Association Inc.


Here are 7 key members and their salaries:


David Craft (Vice Preside)
  • Compensation: $18,404
  • Related: $0
  • Other: $0
Jackie White (Director)
  • Compensation: $2,591
  • Related: $0
  • Other: $0
Ben Sartin (Director)
  • Compensation: $850
  • Related: $0
  • Other: $0
Kenneth Ford (Director)
  • Compensation: $800
  • Related: $0
  • Other: $0
Paul Durr (Secretary)
  • Compensation: $770
  • Related: $0
  • Other: $0
Bob Roberts (President)
  • Compensation: $750
  • Related: $0
  • Other: $0
Rickey Funchess (Director)
  • Compensation: $670
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Hope Water Association Inc?

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

Mission Statement of New Hope Water Association Inc

New Hope Water Association, as a mission-driven organization, is dedicated to the production of water for rural water customers. Serving as a public utilities organization, it strives to meet the water needs of its clientele in an effective and efficient manner. The association's primary role is to ensure a reliable water supply for the rural communities it serves, acting as a vital lifeline in maintaining their daily activities and overall well-being.

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Impact




October, 2024

The New Hope Water Association Inc plays a crucial role in providing reliable water access to rural communities in Mount Olive, MS. By producing and distributing water, it ensures that residential and agricultural customers have the essential resource necessary for daily living and economic activities. The association serves as a vital public utility, enhancing the quality of life for residents and supporting local growth and sustainability. Through its operations, the New Hope Water Association helps foster community well-being and environmental stewardship, aiming to meet the needs of its customers while promoting efficient water use in the region.




This information is meant to be a general summary of New 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
$443,293 (2022)
Expenses
$433,050 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,474
  • Program Service Revenue: $441,819
  • Gross Receipts: $443,293

Assets and Liabilities:

  • Total Assets: $1,471,034
  • Total Liabilities: $752,761
  • Net Assets: $718,273

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Programs

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

WATER SALES

Revenue

$418,567

SERVICE WORK

Revenue

$23,252

Organization Details

Principal Officer

Ben Sartin

Main Address

103 BOYKIN ROAD, MOUNT OLIVE, MS, 39119

NTEE Category

Code: W80 - Public benefit

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