Lydesdale Water Association Inc

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

EIN: 710599391 ✦ Magnolia, AR ✦ Designated as a 501(c)(12)

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Overview

What is Lydesdale Water Association Inc?

Lydesdale Water Association Inc is a nonprofit organization situated in Magnolia, Arkansas. Their primary mission is to provide potable water to the community and its members. To fulfill this objective, they construct, maintain, and operate a water distribution system within Columbia County, Arkansas, catering to its residents. The association is committed to ensuring a reliable water supply for its community, thereby enhancing their quality of life.

Is Lydesdale Water Association Inc legitimate?

Lydesdale Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lydesdale 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: $0

For more financial information, click here

What is the mission statement of Lydesdale Water Association Inc?

The mission of Lydesdale Water Association Inc. revolves around constructing, maintaining, and operating a water distribution system. This is done with the primary objective of providing potable water to its members and the community residing in Columbia County. The association is dedicated to ensuring a reliable water supply, ensuring the system's regular maintenance and operation, thus serving its members effectively.

Who is the CEO of Lydesdale Water Association Inc?

Tommy Jacks is the Chairman Of The Board of Lydesdale Water Association Inc.

What is the revenue of Lydesdale Water Association Inc?

Lydesdale Water Association Inc's revenue in 2022 was $78,898.

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


Here are 7 key members and their salaries:


Tommy Jacks (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Miller (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Daniel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Evans (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Staggs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lydesdale Water Association Inc?

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

Mission Statement of Lydesdale Water Association Inc

Lydesdale Water Association Inc is dedicated to constructing, maintaining, and operating a water distribution system for the benefit of its community members located in Columbia County. The organization's primary mission is to provide potable water to the Lydesdale community and its association members, ensuring a reliable water supply for their daily needs. By constructing and maintaining this water distribution system, Lydesdale Water Association Inc aims to contribute to the well-being and comfort of its community, ensuring a fundamental necessity is readily available.

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Impact




October, 2024

Lydesdale Water Association Inc. plays a crucial role in providing essential potable water to the residents of the Lydesdale community in Columbia County, Arkansas. By constructing, maintaining, and operating a reliable water distribution system, the association ensures that community members have access to clean and safe drinking water, which is vital for health and quality of life.

The association's impact extends beyond just water supply; it fosters a sense of community and mutual benefit among members. By working together to manage this crucial resource, residents experience enhanced social cohesion and support. Additionally, the assurance of water availability can contribute to property values and attract new residents, thereby promoting overall community development. Ultimately, Lydesdale Water Association Inc. is a cornerstone of the Lydesdale community, providing a fundamental service that underpins daily living and well-being.




This information is meant to be a general summary of Lydesdale 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
$78,898 (2022)
Expenses
$88,482 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8
  • Program Service Revenue: $78,890
  • Gross Receipts: $78,898

Assets and Liabilities:

  • Total Assets: $208,377
  • Total Liabilities: $10,330
  • Net Assets: $198,047

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Programs

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

RURAL WATER DISTRIBUTI

Revenue

$78,890

Organization Details

Founding Year

1983

Principal Officer

Tommy Jacks

Main Address

P O BOX 724, MAGNOLIA, AR, 717530724

NTEE Category

Code: Y22 - Mutual benefit

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