Nts Utilities Association Inc

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

EIN: 640629688 ✦ Meridian, MS ✦ Designated as a 501(c)(12)

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Overview

What is Nts Utilities Association Inc?

Nts Utilities Association Inc, based in Meridian, Mississippi, is a nonprofit organization with a primary focus on supplying water to rural homeowners. They achieve this objective through the collaboration with public utilities, serving as a vital resource in ensuring access to this essential service for those residents in rural areas. The association's mission is deeply rooted in its commitment to improving the quality of life for its community, especially in the realm of water provision.

Is Nts Utilities Association Inc legitimate?

Nts Utilities Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Nts Utilities 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: $7,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $223,127

For more financial information, click here

What is the mission statement of Nts Utilities Association Inc?

The NTS Utilities Association's primary objective is to serve rural homeowners by ensuring the provision of water through public utilities. Their mission is centered around this goal, aiming to enhance the water supply for these remote homes. This association operates in an unspecified location, but its focus remains on supporting rural communities by ensuring they have access to a fundamental necessity: clean water.

Who is the CEO of Nts Utilities Association Inc?

Rex Hiatt is the Board Member of Nts Utilities Association Inc.

What is the revenue of Nts Utilities Association Inc?

Nts Utilities Association Inc's revenue in 2022 was $1,067,233.

Who are the executives of Nts Utilities Association Inc and what are their salaries?

The average compensation at Nts Utilities Association Inc during 2022 was $28,857. There are 8 employees at Nts Utilities Association Inc.


Here are 6 key members and their salaries:


Jackie Fulton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Smith (Board Member)
  • Compensation: $1,100
  • Related: $0
  • Other: $0
Carl Mowdy (Treasurer)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Bill Bledsoe (Vice President)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Rex Hiatt (President)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Mike Bateman (Interim Board Member)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nts Utilities Association Inc?

Nts Utilities Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Nts Utilities Association Inc

Nts Utilities Association Inc, a nonprofit organization, is dedicated to providing water to rural homeowners. Their mission is carried out through the operation of public utilities. The association's primary goal is to ensure that rural homeowners have access to a vital resource, water, which is essential for daily living. By offering water services, Nts Utilities Association Inc contributes to improving the quality of life for these homeowners, making their living conditions more comfortable and sustainable. The organization's efforts in this area underscore their commitment to supporting rural communities.

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Impact




October, 2024

Nts Utilities Association Inc significantly impacts rural communities in Meridian, MS, by ensuring access to clean, reliable water for homeowners in areas that might otherwise be underserved. By providing essential water services, the organization enhances public health, supports local economies, and fosters sustainable development in these regions. Through its efforts, Nts Utilities Association works to bridge the gap for rural residents, improving their quality of life and contributing to the overall well-being of the community. The association plays a crucial role in maintaining infrastructure that is vital for both daily living and long-term growth in rural areas.




This information is meant to be a general summary of Nts Utilities 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
$1,067,233 (2022)
Expenses
$1,083,432 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,464
  • Program Service Revenue: $1,024,985
  • Gross Receipts: $1,067,233

Assets and Liabilities:

  • Total Assets: $4,033,245
  • Total Liabilities: $1,761,846
  • Net Assets: $2,271,399

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Programs

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

SALES TO MEMBERS

Revenue

$1,024,985

Organization Details

Founding Year

1965

Principal Officer

Rex Hiatt

Main Address

8802 WHIPPOORWILL ROAD, MERIDIAN, MS, 39307

NTEE Category

Code: W80 - Public benefit

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