Mount Olive Water Association

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

EIN: 710567766 ✦ Elkins, AR ✦ Designated as a 501(c)(12)

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Overview

What is Mount Olive Water Association?

The Mount Olive Water Association is a nonprofit organization situated in rural areas of Washington and Madison counties, Arkansas. Their primary mission is to ensure the availability of clean water for over 2,200 members living in these regions. By providing fresh water, they aim to enhance the well-being of the local community and contribute to a healthier environment. The organization's purpose can be summarized as striving to meet the essential water needs of its rural members.


Official website here: www.mtolivewater.com

Is Mount Olive Water Association legitimate?

Mount Olive Water Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mount Olive Water Association 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: $322,773

For more financial information, click here


Official website here: www.mtolivewater.com

What is the mission statement of Mount Olive Water Association?

The Mount Olive Water Association's mission is centered around providing clean water to rural communities. Specifically, this association serves over 2,200 members in Washington and Madison counties in Arkansas, striving to ensure these areas have access to fresh, clean water. By doing so, the association aims to enhance the quality of life for its members in these rural regions. The organization's activities are primarily focused on water delivery, with the ultimate goal of meeting the water needs of its members in a sustainable and reliable manner.


Official website here: www.mtolivewater.com

Who is the CEO of Mount Olive Water Association?

Greg Wheeler is the Secretary of Mount Olive Water Association.


Official website here: www.mtolivewater.com

What is the revenue of Mount Olive Water Association?

Mount Olive Water Association's revenue in 2023 was $5,404,232.


Official website here: www.mtolivewater.com

Who are the executives of Mount Olive Water Association and what are their salaries?

The average compensation at Mount Olive Water Association during 2023 was $35,864. There are 9 employees at Mount Olive Water Association.


Here are 4 key members and their salaries:


Brandon Gabbard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Wheeler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marla Walker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Socia (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mtolivewater.com

Where can I find the form 990 for Mount Olive Water Association?

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


Official website here: www.mtolivewater.com

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

Mission Statement of Mount Olive Water Association

Mount Olive Water Association, a nonprofit organization, is dedicated to providing clean water to rural communities in Arkansas, specifically serving over 2,200 members residing in Washington and Madison counties. Their mission is to ensure that these areas have access to fresh and clean water, thereby addressing a vital need that is often overlooked in rural settings. The association works tirelessly to deliver this essential resource, thereby improving the overall health and well-being of the communities they serve.

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Impact




October, 2024

Mount Olive Water Association significantly improves the quality of life for over 2,200 residents in the rural regions of Washington and Madison counties in Arkansas by providing access to clean and fresh water. By ensuring a reliable water supply, the association plays a crucial role in promoting health, sanitation, and overall well-being within these communities. This access to clean water not only supports daily needs but also fosters a healthier environment, contributing positively to the social and economic development of the area. Through its dedicated services, the Mount Olive Water Association enhances the public benefit, making essential strides toward improving living standards and supporting the needs of its members.




This information is meant to be a general summary of Mount Olive Water Association. 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
$5,404,232 (2023)
Expenses
$2,097,894 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $19,373
  • Program Service Revenue: $2,005,915
  • Gross Receipts: $5,404,232

Assets and Liabilities:

  • Total Assets: $12,279,032
  • Total Liabilities: $4,291,268
  • Net Assets: $7,987,764

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Programs

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

WATER REVENUES, LESS BAD DEBT

Revenue

$1,966,020

LATE CHARGES

Revenue

$28,900

OTHER SERVICES AND INCOME

Revenue

$10,995

Organization Details

Founding Year

1979

Principal Officer

Greg Wheeler

Main Address

PO BOX 326, ELKINS, AR, 727270326

NTEE Category

Code: W80 - Public benefit

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