Monticello Water System Inc

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

EIN: 720711988 ✦ Lake providence, LA ✦ Designated as a 501(c)(12)

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Overview

What is Monticello Water System Inc?

Monticello Water System Inc, located in Lake Providence, Louisiana, functions as a public utility. Their primary objective is to deliver clean water to their members. As a vital community resource, they are dedicated to ensuring a reliable water supply for the residents they serve. The organization's mission, in essence, revolves around meeting the water needs of its community members.

Is Monticello Water System Inc legitimate?

Monticello Water System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Monticello 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,238

For more financial information, click here

What is the mission statement of Monticello Water System Inc?

Monticello Water System, as a public utility, is dedicated to its mission of supplying water to its members. This organization prioritizes ensuring an uninterrupted water supply for its constituents, contributing to their daily living needs and overall well-being. Monticello Water System's operations are guided by the primary goal of delivering clean and reliable water, demonstrating a commitment to the communities it serves. By providing this essential service, the organization plays a vital role in maintaining the health and quality of life of its members.

Who is the CEO of Monticello Water System Inc?

Robert Wayne Driver is the President of Monticello Water System Inc.

What is the revenue of Monticello Water System Inc?

Monticello Water System Inc's revenue in 2022 was $198,494.

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

The average compensation at Monticello Water System Inc during 2022 was $8,605. There are 7 employees at Monticello Water System Inc.


Here are 5 key members and their salaries:


Olivia Payne (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Hendrix Sr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Vickery Jr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wayne Driver (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elzie Smitherman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Monticello Water System Inc?

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

Mission Statement of Monticello Water System Inc

Monticello Water System, as a public utility, is dedicated to serving its members by providing them with water. This mission statement, in essence, emphasizes Monticello Water System's role as a reliable water provider to its community members. The organization's primary goal is to ensure a consistent and uninterrupted water supply, thereby meeting the essential needs of its members. This mission is crucial in maintaining the well-being and daily living of the community, as water is an essential resource for various household and community activities. Monticello Water System's commitment to providing water to its members underscores its responsibility as a public utility and its dedication to meeting the fundamental needs of its community.

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Impact




October, 2024

Monticello Water System Inc plays a crucial role in ensuring the availability of clean and reliable water for the residents of Lake Providence, LA. As a public utility, its primary mission is to provide water to its members, contributing significantly to the community’s health, well-being, and quality of life. By maintaining a dependable water supply, Monticello Water System Inc supports sanitation, promotes public health, and fosters economic development within the region. Its commitment to serving the community underscores its importance in sustaining everyday life and enhancing public benefit in Lake Providence.




This information is meant to be a general summary of Monticello 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
$198,494 (2022)
Expenses
$247,934 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,001
  • Program Service Revenue: $196,493
  • Gross Receipts: $198,494

Assets and Liabilities:

  • Total Assets: $652,195
  • Total Liabilities: $103,911
  • Net Assets: $548,284

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Programs

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

WATER SALES

Revenue

$196,493

Organization Details

Principal Officer

Robert Wayne Driver

Main Address

233 FRIENDLY ROAD, LAKE PROVIDENCE, LA, 71254

NTEE Category

Code: W80 - Public benefit

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