Billys Creek Rural Water Association

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

EIN: 640582487 ✦ Water valley, MS ✦ Designated as a 501(c)(12)

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Overview

What is Billys Creek Rural Water Association?

Billy's Creek Rural Water Association is a public utility, headquartered in Water Valley, Mississippi. Its primary objective is dedicated to ensuring the availability of clean drinking water for its membership base. This nonprofit organization operates with the mission of providing potable water to its members, contributing to the well-being and health of the community.

Is Billys Creek Rural Water Association legitimate?

Billys Creek Rural Water Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Billys Creek Rural Water Association 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: $37,258
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Billys Creek Rural Water Association?

The Billy's Creek Rural Water Association, as a public utility, is committed to providing potable water to its members. Its mission is to ensure that the association's members have access to clean and safe water for their daily needs. The association is dedicated to maintaining and improving its water supply infrastructure to consistently deliver high-quality water. It also focuses on educating its members about water conservation and the importance of proper water usage. Additionally, the association strives to respond promptly to any water-related emergencies or concerns that its members may have. Overall, Billy's Creek Rural Water Association is committed to providing reliable and sustainable water services to its members.

Who is the CEO of Billys Creek Rural Water Association?

Larry P Sprouse is the President of Billys Creek Rural Water Association.

What is the revenue of Billys Creek Rural Water Association?

Billys Creek Rural Water Association's revenue in 2022 was $312,248.

Who are the executives of Billys Creek Rural Water Association and what are their salaries?

The average compensation at Billys Creek Rural Water Association during 2022 was $18,629. There are 2 employees at Billys Creek Rural Water Association.


Here are 3 key members and their salaries:


Larry P Sprouse (President)
  • Compensation: $25,258
  • Related: $0
  • Other: $0
Teresa Moore (Secretary)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Tommy Mccain (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Billys Creek Rural Water Association?

Billys Creek Rural Water Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Billys Creek Rural Water Association

Billy's Creek Rural Water Association, a public utility, is dedicated to fulfilling its mission. This mission centers around providing potable water to its association members. By taking on this role, the organization ensures that its members have access to clean and safe water, a fundamental necessity for maintaining good health and hydration. By prioritizing this service, Billy's Creek Rural Water Association is contributing to the overall well-being of its community, ensuring that its members can live with peace of mind, knowing that their water supply is reliable and safe.

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Impact




October, 2024

Billys Creek Rural Water Association plays a vital role in the Water Valley, MS community by ensuring access to potable water for its members. By functioning as a public utility, the association contributes to the health and well-being of residents by delivering safe drinking water, which is essential for daily life. The availability of clean water not only supports individual households but also promotes public health, sustainability, and community growth.

Access to reliable water sources encourages economic development and enhances the quality of life for community members. The association’s commitment to providing this essential resource fosters a sense of security and stability within the area, allowing residents to focus on their livelihoods and community engagement without the stress of water-related concerns. Overall, Billys Creek Rural Water Association’s impact extends beyond mere water service; it strengthens the fabric of the community by ensuring that all members have the fundamental resource required for a healthy and productive life.




This information is meant to be a general summary of Billys Creek Rural Water Association. 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
$312,248 (2022)
Expenses
$298,501 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,041
  • Program Service Revenue: $304,729
  • Gross Receipts: $312,248

Assets and Liabilities:

  • Total Assets: $1,271,592
  • Total Liabilities: $327,186
  • Net Assets: $944,406

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Programs

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

WATER SALES

Revenue

$304,729

Organization Details

Founding Year

1970

Principal Officer

Larry P Sprouse

Main Address

P O BOX 828, WATER VALLEY, MS, 38965

NTEE Category

Code: W80 - Public benefit

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