Overview
What is Lakeside Water Association Inc?
Lakeside Water Association Inc, situated in Waldo, Arkansas (specifically at 2851 Highway 344), is a nonprofit organization dedicated to serving approximately 800 residents in a rural area. Their primary mission is to ensure the provision of clean water, acting as a vital resource for the community. With a small workforce of five individuals, they work tirelessly to fulfill this crucial role. The association's commitment to water supply extends to maintaining high standards and providing essential water services to its local community.
Is Lakeside Water Association Inc legitimate?
Lakeside Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lakeside 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: $51,494
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What is the mission statement of Lakeside Water Association Inc?
Lakeside Water Association Inc is dedicated to serving approximately 800 residents in a rural area, with its primary objective being the provision of water. The organization's mission is geared towards ensuring that these residents have reliable access to this essential resource. By undertaking this role, Lakeside Water Association Inc contributes to maintaining the well-being and livelihood of the community it serves. The association's activities are centered around the delivery of water, ensuring the sustainability of this vital resource in the specified rural area.
Who is the CEO of Lakeside Water Association Inc?
Donald Ray is the Director of Lakeside Water Association Inc.
What is the revenue of Lakeside Water Association Inc?
Lakeside Water Association Inc's revenue in 2022 was $498,692.
Who are the executives of Lakeside Water Association Inc and what are their salaries?
The average compensation at Lakeside Water Association Inc during 2022 was $10,299. There are 5 employees at Lakeside Water Association Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Lakeside Water Association Inc?
Lakeside Water Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lakeside Water Association Inc
Lakeside Water Association Inc is dedicated to a crucial mission: providing clean water to approximately 800 residents residing in a rural area. This mission is at the heart of the organization's activities, ensuring that the community has access to a vital resource that is often taken for granted in urban settings. By providing water, Lakeside Water Association Inc plays a crucial role in maintaining the health and well-being of its community members. The organization's commitment to this mission is unwavering, ensuring that the residents have a reliable source of water, which is essential for daily living and various household activities. The association's mission is a testament to its dedication to serving its community and improving their quality of life by ensuring they have access to this fundamental resource.
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Impact
October, 2024
Lakeside Water Association Inc plays a crucial role in the daily lives of approximately 800 residents in a specified rural area of Waldo, Arkansas, by ensuring access to reliable and safe water. Its efforts directly contribute to the health and well-being of the community, supporting not only basic needs but also fostering economic stability and enhancing the quality of life for those it serves. By providing this essential resource, Lakeside Water Association Inc promotes public benefit, enabling residents to thrive in a rural setting where access to water may otherwise be challenged. Through its mission, the association is integral in building a sustainable and healthy community, reinforcing the importance of clean water in everyday living.
This information is meant to be a general summary of Lakeside 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,023
- Program Service Revenue: $493,669
- Gross Receipts: $498,692
Assets and Liabilities:
- Total Assets: $2,294,500
- Total Liabilities: $1,023,516
- Net Assets: $1,270,984
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF WATER & RELATED ITEM
Revenue
$493,669
Organization Details
Principal Officer
Donald Ray
Main Address
2851 HIGHWAY 344, WALDO, AR, 71770
NTEE Category
Code: W80 - Public benefit
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