The Acorn Rural Water Association

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

EIN: 710675473 ✦ Mena, AR ✦ Designated as a 501(c)(12)

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Overview

What is The Acorn Rural Water Association?

The Acorn Rural Water Association is a nonprofit organization situated in Mena, Arkansas. Its primary mission is to ensure the provision of clean water to the residents living in and around rural Mena, specifically covering the Acorn area. The association, with a staff of three dedicated individuals, works tirelessly to fulfill its objective, contributing to the essential water needs of the community.

Is The Acorn Rural Water Association legitimate?

The Acorn Rural Water Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. The Acorn Rural 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: $60,916

For more financial information, click here

What is the mission statement of The Acorn Rural Water Association?

The Acorn Rural Water Association's mission is centered around providing water services. In simpler terms, their primary goal is to ensure the availability of clean water for residents living in and around rural Mena, Arkansas. The association takes an active role in this endeavor, ensuring that the community in the Acorn area has reliable access to this essential resource.

Who is the CEO of The Acorn Rural Water Association?

Kris Lyle is the Vice Preside of The Acorn Rural Water Association.

What is the revenue of The Acorn Rural Water Association?

The Acorn Rural Water Association's revenue in 2023 was $703,094.

Who are the executives of The Acorn Rural Water Association and what are their salaries?

The average compensation at The Acorn Rural Water Association during 2023 was $20,305. There are 3 employees at The Acorn Rural Water Association.


Here are 5 key members and their salaries:


Cheryl Boyd (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Lyle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike May (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Acorn Rural Water Association?

The Acorn Rural Water Association's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Acorn Rural Water Association

The Acorn Rural Water Association, as its name suggests, is dedicated to providing water services to residents in and around rural areas. This nonprofit organization has a mission to ensure that residents in its vicinity, specifically those residing in the Acorn area, have access to a reliable water supply. By offering this essential service, the Acorn Rural Water Association contributes significantly to the well-being and everyday lives of the people in its community.

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Impact




October, 2024

The Acorn Rural Water Association significantly impacts the community by ensuring access to clean and reliable water for residents in and around rural Mena, Arkansas, particularly in the Acorn area. By delivering essential water services, the Association plays a vital role in improving the quality of life for local residents, supporting public health, and fostering community well-being. Access to safe drinking water is fundamental to everyday life and enhances overall living conditions, allowing residents to engage in basic activities such as cooking, sanitation, and hydration without concern. Through its commitment to providing essential water services, the Acorn Rural Water Association strengthens the infrastructure of the region and contributes to the sustainability of rural communities.




This information is meant to be a general summary of The Acorn Rural 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
$703,094 (2023)
Expenses
$657,415 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $2,701
  • Program Service Revenue: $700,393
  • Gross Receipts: $703,094

Assets and Liabilities:

  • Total Assets: $2,634,733
  • Total Liabilities: $1,433,024
  • Net Assets: $1,201,709

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Programs

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

WATER SALES

Revenue

$671,530

LATE CHARGES

Revenue

$14,888

OTHER REVENUE

Revenue

$13,975

Organization Details

Founding Year

1986

Principal Officer

Kris Lyle

Main Address

PO BOX 1047, MENA, AR, 71953

NTEE Category

Code: W80 - Public benefit

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