Frost Town Water System Inc

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

EIN: 720679832 ✦ Downsville, LA ✦ Designated as a 501(c)(12)

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Overview

What is Frost Town Water System Inc?

Frost Town Water System Inc, situated in Calhoun, Louisiana, is a public utility organization. Its primary objective is to ensure the provision of essential water services to its members. As a community-focused entity, Frost Town Water System Inc plays a crucial role in meeting the hydration needs of its local population, thereby strengthening the community's infrastructure and overall well-being.

Is Frost Town Water System Inc legitimate?

Frost Town Water System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Frost Town 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: $32,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,635

For more financial information, click here

What is the mission statement of Frost Town Water System Inc?

Frost Town Water System Inc, as a public utility, is committed to serving its members by providing reliable water services. Their mission, in essence, is dedicated to ensuring the continuous delivery of water to the community they serve. Their activities are centered around this goal, aiming to meet the water needs of their members effectively. They strive to maintain the quality and availability of water, thereby contributing to the well-being and comfort of their customer base.

What is the revenue of Frost Town Water System Inc?

Frost Town Water System Inc's revenue in 2023 was $235,554.

Who are the executives of Frost Town Water System Inc and what are their salaries?

The average compensation at Frost Town Water System Inc during 2023 was $19,345. There are 3 employees at Frost Town Water System Inc.

Here are 7 key members and their salaries:


Robert Spillers (Vicepresident)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Jordan (Secretarytreasurer)
  • Compensation: $22,800
  • Related: $0
  • Other: $0
Curt Meachum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Borquist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Jordan (Director)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
Traci Watts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Bearden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Frost Town Water System Inc?

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

Mission Statement of Frost Town Water System Inc

Frost Town Water System, as a public utility, is dedicated to providing reliable water service to its members. Their mission, in simple terms, is to ensure a consistent water supply for the people they serve. By focusing on this essential need, Frost Town Water System contributes significantly to the well-being and daily life of its community. Their commitment to water service is a testament to their dedication to maintaining a high standard of living for their members.

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Impact




October, 2024

Frost Town Water System Inc plays a crucial role in ensuring access to clean and reliable water for residents of Calhoun, LA. By providing essential water services, it supports the health and well-being of the community, allowing households and businesses to thrive. The systematic delivery of potable water contributes to public health, sanitation, and overall quality of life, making it a vital resource for the local population. Through its operations, Frost Town Water System fosters a sense of community and enhances the resilience of the area, ensuring that residents have the necessary resources for daily living and contributing to the overall sustainability of Calhoun.




This information is meant to be a general summary of Frost Town 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
$235,554 (2023)
Expenses
$201,054 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $7,860
  • Program Service Revenue: $227,694
  • Gross Receipts: $235,554

Assets and Liabilities:

  • Total Assets: $884,540
  • Total Liabilities: $412,293
  • Net Assets: $472,247

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Programs

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

Water service

Revenue

$227,694

Organization Details

Founding Year

1968

Principal Officer

Curt Meachum

NTEE Category

Code: W80 - Public benefit

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