Hico Water System

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

EIN: 720989011 ✦ Dubach, LA ✦ Designated as a 501(c)(12)

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Overview

What is Hico Water System?

Hico Water System is a public utilities organization, headquartered in Dubach, Louisiana. Its primary mission revolves around the production, distribution, and sale of water. As a vital community service, Hico Water System ensures a consistent supply of this essential resource, contributing to the well-being of the local population.

Is Hico Water System legitimate?

Hico Water System is a legitimate nonprofit organization registered as a 501(c)(12) entity. Hico Water System 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: $14,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Hico Water System?

Hico Water System's mission revolves around the production, distribution, and sale of water. As a public utilities organization, its primary role is to provide this essential resource to its constituents. Its operations are focused on ensuring a reliable supply of water, ensuring its quality, and making it available to its customers. Hico Water System's mission is not just about supplying water, but also about maintaining the highest standards of service and reliability in doing so. The organization is committed to meeting the water needs of its community in an efficient and sustainable manner.

Who is the CEO of Hico Water System?

Russell Colvin is the President of Hico Water System.

What is the revenue of Hico Water System?

Hico Water System's revenue in 2022 was $221,473.

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

The average compensation at Hico Water System during 2022 was $14,400. There is 1 employee at Hico Water System.


Here are 6 key members and their salaries:


Vicky Key (Sec/Treas)
  • Compensation: $14,400
  • Related: $0
  • Other: $0
Russell Colvin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grady Bagwell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Deason (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnie Dyes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenda Knowles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hico Water System?

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

Mission Statement of Hico Water System

Hico Water System, as a mission-driven organization, is committed to the production, distribution, and sale of water. This public utilities entity plays a crucial role in providing this essential resource to its community, ensuring a reliable water supply for various uses. By undertaking these activities, Hico Water System contributes significantly to the well-being and daily lives of its constituents.

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Impact




October, 2024

Hico Water System plays a crucial role in ensuring the accessibility and quality of water for the residents of Dubach, Louisiana. By producing, distributing, and selling water, it supports the daily needs of the community, promoting public health and wellbeing. The water system not only provides a fundamental resource but also contributes to the economic stability of the area by facilitating local businesses and enhancing the quality of life for its citizens. Its operations as a public utilities organization underscore its commitment to serving the community, ensuring that clean and reliable water is available to all.




This information is meant to be a general summary of Hico Water System. 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
$221,473 (2022)
Expenses
$246,404 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $622
  • Program Service Revenue: $220,851
  • Gross Receipts: $221,473

Assets and Liabilities:

  • Total Assets: $1,897,895
  • Total Liabilities: $581,848
  • Net Assets: $1,316,047

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Programs

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

METERED WATER REVENUE

Revenue

$220,851

Organization Details

Founding Year

1973

Principal Officer

Russell Colvin

Main Address

PO BOX 267, DUBACH, LA, 71235

NTEE Category

Code: W80 - Public benefit

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