Paynes Water Association Inc

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

EIN: 640629559 ✦ Charleston, MS ✦ Designated as a 501(c)(12)

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Overview

What is Paynes Water Association Inc?

Paynes Water Association Inc is a nonprofit organization, specifically serving as a Rural Water Association, situated in the economically challenged region of Charleston, Mississippi. Its primary mission is to offer affordable water supply to rural residents, addressing the challenges of self-sourcing wells due to financial constraints and maintenance issues, as well as health concerns. The association supports various programs and operates within this impoverished region, thereby providing essential water services to those in need.

Is Paynes Water Association Inc legitimate?

Paynes Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Paynes 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: $5,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Paynes Water Association Inc?

The Paynes Water Association serves as a Rural Water Association, dedicated to providing low-cost water to residents living in rural areas. Without this water system, some individuals might struggle to acquire water from their own wells, due to the high cost of purchasing and maintaining them, as well as potential health concerns. Recognizing this need, the association offers various programs to cater to the water needs of these communities, thereby improving their overall living conditions.

Who is the CEO of Paynes Water Association Inc?

Thadius Roberts is the President of Paynes Water Association Inc.

What is the revenue of Paynes Water Association Inc?

Paynes Water Association Inc's revenue in 2023 was $93,740.

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

The average compensation at Paynes Water Association Inc during 2023 was $5,400. There is 1 employee and 10 volunteers at Paynes Water Association Inc.


Here are 5 key members and their salaries:


Thaddius Roberts (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Fink (Sec-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Tribble (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Cox (Meter Reader)
  • Compensation: $5,400
  • Related: $0
  • Other: $0
Henry Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Paynes Water Association Inc?

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

Mission Statement of Paynes Water Association Inc

Paynes Water Association, acting as a Rural Water Association, has a mission to supply affordable water to residents living in rural areas. Without this organization, many individuals in these areas would be forced to rely on their own wells, which may not be feasible for some due to the high cost of acquisition and maintenance, as well as potential health concerns. Recognizing this challenge, Paynes Water Association steps in to provide a reliable water system, ensuring that rural residents have access to clean and safe water. By doing so, the association plays a crucial role in improving the quality of life for those living in these communities, making it easier for them to meet their basic needs.

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Impact




October, 2024

Paynes Water Association Inc significantly impacts rural communities by providing reliable access to low-cost water, a vital resource for families in underserved areas. In regions like Charleston, MS, where economic challenges are prevalent, many residents would struggle to secure safe drinking water without this support. The association not only mitigates the financial burden associated with drilling and maintaining private wells but also addresses critical health concerns linked to unreliable water sources. By ensuring that rural residents have access to clean water, Paynes Water Association enhances quality of life, promotes public health, and fosters community resilience in one of the poorest areas of the United States. Its various programs contribute to the mutual benefit of the local population, ultimately strengthening the community as a whole.




This information is meant to be a general summary of Paynes 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
$93,740 (2023)
Expenses
$108,181 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $122
  • Program Service Revenue: $93,243
  • Gross Receipts: $93,740

Assets and Liabilities:

  • Total Assets: $808,017
  • Total Liabilities: $270,020
  • Net Assets: $537,997

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Programs

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

Water Sales

Revenue

$88,088

Fees

Revenue

$5,155

Organization Details

Founding Year

1965

Principal Officer

Thadius Roberts

Main Address

PO BOX 423, CHARLESTON, MS, 38921

NTEE Category

Code: Y22 - Mutual benefit

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