Fannin Water Association Inc

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

EIN: 640723763 ✦ Brandon, MS ✦ Designated as a 501(c)(12)

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Overview

What is Fannin Water Association Inc?

Fannin Water Association Inc is a nonprofit organization situated in Brandon, Mississippi, led by James Gould. Its primary mission is to unite its members for their collective advantage while constructing, maintaining, and operating a private rural water system. This system ensures a reliable source of water for the community, thereby enhancing the overall well-being of its members. The association's activities are geared towards improving the quality of life in the rural area by providing a reliable water supply.

Is Fannin Water Association Inc legitimate?

Fannin Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fannin 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: $112,040

For more financial information, click here

What is the mission statement of Fannin Water Association Inc?

The Fannin Water Association Inc's mission is centered around bringing together its members for mutual benefit. Their primary objective is to construct, maintain, and operate a private rural water system. This organization aims to ensure the availability and reliability of water supply for its members, fostering a sense of community and shared benefit. The association's activities are geared towards ensuring the proper functioning and upkeep of this rural water system, ultimately contributing to the well-being of its members.

Who is the CEO of Fannin Water Association Inc?

James Gould is the President of Fannin Water Association Inc.

What is the revenue of Fannin Water Association Inc?

Fannin Water Association Inc's revenue in 2022 was $1,714,642.

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

The average compensation at Fannin Water Association Inc during 2022 was $28,010. There are 4 employees and 5 volunteers at Fannin Water Association Inc.


Here are 5 key members and their salaries:


James Gould (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Jefferies (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Stapleton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Leflore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Hicks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fannin Water Association Inc?

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

Mission Statement of Fannin Water Association Inc

Fannin Water Association Inc, a nonprofit organization, is dedicated to uniting its members for their collective advantage. Its primary mission is to construct, maintain, and operate a private rural water system. By taking on this responsibility, the association aims to ensure a reliable water supply for its members, thereby promoting their overall well-being. The organization operates with a sense of mutual benefit, recognizing that the success of its mission relies on the cooperation and collaboration of its members.

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Impact




October, 2024

Fannin Water Association Inc plays a vital role in enhancing the quality of life for residents in rural areas by constructing, maintaining, and operating a reliable private water system. By providing access to clean water, the organization ensures that community members can meet their daily needs, ultimately promoting health and well-being. Additionally, Fannin Water Association fosters a sense of community among its members, encouraging collaboration and mutual support. Located in Brandon, MS, under the leadership of James Gould, the association is dedicated to serving its members and addressing water-related challenges specific to rural living. Through its initiatives, the organization not only improves water accessibility but also contributes to the overall development and sustainability of the area.




This information is meant to be a general summary of Fannin 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
$1,714,642 (2022)
Expenses
$1,246,036 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,965
  • Program Service Revenue: $1,711,677
  • Gross Receipts: $1,714,642

Assets and Liabilities:

  • Total Assets: $5,632,611
  • Total Liabilities: $2,928,344
  • Net Assets: $2,704,267

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Programs

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

WATER, SEWAGE, INSTALL

Revenue

$1,652,127

IMPACT FEES

Revenue

$59,550

Organization Details

Founding Year

1966

Principal Officer

James Gould

Main Address

2653 HIGHWAY 471, BRANDON, MS, 39047

NTEE Category

Code: W80 - Public benefit

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