Henderson Nina Water System Inc

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

EIN: 720642969 ✦ Henderson, LA ✦ Designated as a 501(c)(12)

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Overview

What is Henderson Nina Water System Inc?

Henderson Nina Water System Inc is a public utility organization, situated beyond the specifics provided in the information. Their primary focus is on serving their clientele by delivering essential water resources. As a utility company, they contribute significantly to the community by ensuring a steady water supply, thereby playing a vital role in everyday life.

Is Henderson Nina Water System Inc legitimate?

Henderson Nina Water System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Henderson Nina Water System 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: $12,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $251,665

For more financial information, click here

What is the mission statement of Henderson Nina Water System Inc?

Henderson Nina Water System Inc. is dedicated to serving its customer base by providing them with essential water resources. Operating within the realm of public utilities, the company's mission is to ensure a constant water supply for its customers, contributing to their daily living and well-being. The company's activities primarily revolve around ensuring the quality and accessibility of water for its consumer base, thereby fulfilling its role as a vital community resource.

Who is the CEO of Henderson Nina Water System Inc?

Perry Serrette is the President of Henderson Nina Water System Inc.

What is the revenue of Henderson Nina Water System Inc?

Henderson Nina Water System Inc's revenue in 2023 was $1,622,740.

Who are the executives of Henderson Nina Water System Inc and what are their salaries?

The average compensation at Henderson Nina Water System Inc during 2023 was $33,039. There are 8 employees at Henderson Nina Water System Inc.


Here are 5 key members and their salaries:


Terry Melancon (Secretary/Tr)
  • Compensation: $2,500
  • Related: $0
  • Other: $0
Perry Serrette (President)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Anthony Robin (Director)
  • Compensation: $2,450
  • Related: $0
  • Other: $0
Wade Domingue (Vice Preside)
  • Compensation: $2,400
  • Related: $0
  • Other: $0
Gillray Patin (Director)
  • Compensation: $2,300
  • Related: $0
  • Other: $0
Where can I find the form 990 for Henderson Nina Water System Inc?

Henderson Nina Water System Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Henderson Nina Water System Inc

Henderson Nina Water System Inc, as a public utility, is committed to serving its customers by providing them with access to clean water. This nonprofit organization's mission is centered around delivering this essential resource, placing it at the heart of its operations. By operating under the category of public utilities, Henderson Nina Water System Inc assumes a crucial role in ensuring the well-being of its community, as water is an essential component of daily life. The organization's actions reflect its dedication to this mission, providing a reliable water supply to its customers.

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Impact




October, 2024

Henderson Nina Water System Inc plays a vital role in the community by ensuring access to clean and reliable water for its customers in Henderson, Louisiana. By operating as a public utility, it meets a fundamental necessity for residents and businesses, contributing to health, sanitation, and overall quality of life. The system’s provision of water supports daily activities, economic development, and enhances the wellbeing of the community. Its presence is essential in maintaining infrastructure and ensuring that the population has consistent access to this critical resource.




This information is meant to be a general summary of Henderson Nina Water System 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
$1,622,740 (2023)
Expenses
$783,048 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3,630
  • Program Service Revenue: $910,936
  • Gross Receipts: $1,622,740

Assets and Liabilities:

  • Total Assets: $5,686,838
  • Total Liabilities: $3,447,103
  • Net Assets: $2,239,735

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Programs

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

WATER SALES

Revenue

$816,295

SEWER M&O

Revenue

$37,073

LATE FEES

Revenue

$24,476

RECONNECT FEES

Revenue

$9,805

NEW METER SERVICES

Revenue

$8,300

Organization Details

Founding Year

1966

Principal Officer

Perry Serrette

Main Address

1394 HENDERSON HWY, HENDERSON, LA, 70517

NTEE Category

Code: W80 - Public benefit

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