Monterey Water Association Inc

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

EIN: 646038011 ✦ Florence, MS ✦ Designated as a 501(c)(12)

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Overview

What is Monterey Water Association Inc?

Monterey Water Association Inc, located in Florence, Mississippi, is a small-scale nonprofit organization with a mission to deliver essential water services to the residents and commercial entities of the Monterey community in rural Rankin County. With just two dedicated employees, this association operates a rural water system, ensuring a reliable water supply for its customers. The organization's primary focus is on maintaining and delivering high-quality water services, contributing to the overall well-being and comfort of its community.


Official website here: www.myruralwater.com

Is Monterey Water Association Inc legitimate?

Monterey Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Monterey 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: $108,485

For more financial information, click here


Official website here: www.myruralwater.com

What is the mission statement of Monterey Water Association Inc?

The Monterey Water Association Inc's mission is centered around providing water services. Specifically, their primary objective is to serve the residents of a rural community in Rankin County, Mississippi. By operating a water system, they ensure the availability of water for both residential and commercial customers within this community. Their activities are geared towards delivering reliable water services, thereby contributing to the well-being and comfort of the local residents.


Official website here: www.myruralwater.com

Who is the CEO of Monterey Water Association Inc?

Raymond Thornton is the Secretary / of Monterey Water Association Inc.


Official website here: www.myruralwater.com

What is the revenue of Monterey Water Association Inc?

Monterey Water Association Inc's revenue in 2023 was $450,142.


Official website here: www.myruralwater.com

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

The average compensation at Monterey Water Association Inc during 2023 was $54,242. There are 2 employees at Monterey Water Association Inc.


Here are 4 key members and their salaries:


Rachel Dusenberry (Secretary /)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Jolly (Trustee / Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonnie Rorie (Trustee / Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Thornton (President/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.myruralwater.com

Where can I find the form 990 for Monterey Water Association Inc?

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


Official website here: www.myruralwater.com

Learn more at the official website: www.myruralwater.com

Mission Statement of Monterey Water Association Inc

Monterey Water Association Inc, a nonprofit organization, is dedicated to providing water services to the residents of a rural community in Rankin County, Mississippi. Its primary mission is to operate a water system that caters to both residential and commercial customers within this community. The association's role is essential in ensuring the delivery of clean and reliable water supplies, thereby contributing to the overall well-being and comfort of the community members. The Monterey Water Association Inc is committed to fulfilling its mission, striving to meet the water needs of the Monterey community, thereby enhancing their quality of life.

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Impact




October, 2024

Monterey Water Association Inc significantly enhances the quality of life for residents and businesses in the Monterey community by providing essential water services. Operating in rural Rankin County, Mississippi, the association ensures reliable access to clean water, which is vital for health, sanitation, and daily living. This reliable water supply supports not only individual households but also local commercial enterprises, fostering economic activity in the area. The association's commitment to delivering these services strengthens community resilience and promotes public health, directly impacting the well-being and development of the region.




This information is meant to be a general summary of Monterey 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
$450,142 (2023)
Expenses
$414,437 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,218
  • Program Service Revenue: $448,924
  • Gross Receipts: $450,142

Assets and Liabilities:

  • Total Assets: $1,785,235
  • Total Liabilities: $501,945
  • Net Assets: $1,283,290

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Programs

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

WATER SERVICES

Revenue

$399,034

MEMBERSHIP FEES

Revenue

$39,311

TAP FEES

Revenue

$6,400

CONVIENCE AND CREDIT CARD FEE

Revenue

$2,724

CUT ON FEED

Revenue

$600

Organization Details

Founding Year

1967

Principal Officer

Raymond Thornton

Main Address

784 THOMASVILLE ROAD, FLORENCE, MS, 39073

NTEE Category

Code: W80 - Public benefit

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