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Ingomar Water Association Inc

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

EIN: 640686776 ✦ New albany, MS ✦ Designated as a 501(c)(12)

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Overview

What is Ingomar Water Association Inc?

The Ingomar Water Association Inc is a public utilities organization, situated in New Albany, Mississippi. Its primary purpose is to cater to the water needs of approximately 1,030 rural residents. This nonprofit organization is dedicated to delivering clean and reliable water supplies, serving as a vital resource for its customer base. The mission of the Ingomar Water Association is to ensure continuous water provision, strengthening the community's quality of life.

Is Ingomar Water Association Inc legitimate?

Ingomar Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Ingomar 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: $84,178

For more financial information, click here

What is the mission statement of Ingomar Water Association Inc?

The Ingomar Water Association, as a public utilities organization, is dedicated to serving its customer base of 1,030 rural residents. Its primary mission is to ensure an uninterrupted supply of water to these individuals, prioritizing their needs and satisfaction. The association strives to uphold its responsibility of providing water, which is essential for daily life, thereby enhancing the quality of life for its customers. The organization's operations are geared towards meeting the water needs of these rural residents in New Albany, MS, thereby contributing to their overall well-being.

What is the revenue of Ingomar Water Association Inc?

Ingomar Water Association Inc's revenue in 2024 was $703,080.

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

The average compensation at Ingomar Water Association Inc during 2024 was $21,044. There are 4 employees at Ingomar Water Association Inc.

Here are 5 key members and their salaries:


Mike Browning (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Haynes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonny Cornelius (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Weeden (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ingomar Water Association Inc?

Ingomar Water Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Ingomar Water Association Inc

Ingomar Water Association, as a public utilities organization, is committed to providing water to its rural customer base of 1,030 individuals in New Albany, Mississippi. The association's mission is centered around ensuring a consistent water supply to these customers, acting as a vital resource in their daily lives. By fulfilling this mission, Ingomar Water Association contributes to the well-being and comfort of its community, making it an essential part of the lives of its customers.

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Impact




October, 2024

Ingomar Water Association Inc significantly enhances the quality of life for 1,030 rural customers in New Albany, MS, by ensuring access to reliable water services. This organization plays a crucial role in the community, as clean water is essential for health, hygiene, and everyday living. The availability of safe and consistent water supply allows residents to engage in various activities, such as cooking, cleaning, and maintaining their homes, contributing to overall public health and well-being. Additionally, with access to water, local agriculture and food-related activities can thrive, supporting both the economy and the sustenance of local families. Through its dedicated mission, Ingomar Water Association Inc fosters a stable and supportive environment for rural residents, highlighting the importance of essential utilities in enhancing community life.




This information is meant to be a general summary of Ingomar 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
$703,080 (2024)
Expenses
$316,742 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $35,944
  • Program Service Revenue: $423,609
  • Gross Receipts: $703,080

Assets and Liabilities:

  • Total Assets: $3,186,546
  • Total Liabilities: $1,156,534
  • Net Assets: $2,030,012

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Programs

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

Water sales

Revenue

$423,609

Organization Details

Founding Year

1972

Principal Officer

Mike Browning

NTEE Category

Code: K20 - Food

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