Holum Water System Inc

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

EIN: 720997614 ✦ Grayson, LA ✦ Designated as a 501(c)(4)

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Overview

What is Holum Water System Inc?

Holum Water System Inc is a dedicated nonprofit organization situated in Grayson, Louisiana. Their primary mission is to ensure the well-being of the Holum community by providing them with access to safe drinking water. Through their program, they aim to safeguard the health of the local population by supplying potable water. The organization's commitment to this cause is evident in their mission statement.

Is Holum Water System Inc legitimate?

Holum Water System Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Holum 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: $14,597
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Holum Water System Inc?

Holum Water System Inc's mission is centered around ensuring the safety of drinking water for a specific community. The organization strives to achieve this by implementing a program that provides clean and safe water to its designated community. While the specific location of this community isn't mentioned in the information, it's clear that Holum Water System Inc is dedicated to enhancing the quality of life for its residents by ensuring they have access to safe drinking water. The system's primary objective is to safeguard public health through the provision of clean water, thereby promoting a healthy living environment.

What is the revenue of Holum Water System Inc?

Holum Water System Inc's revenue in 2023 was $431,040.

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

The average compensation at Holum Water System Inc during 2023 was $11,656. There 5 volunteers at Holum Water System Inc.

Here are 6 key members and their salaries:


Edward Malcomb (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Joyner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Calhoun (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Crain (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Fletcher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Braddock (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Holum Water System Inc?

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

Mission Statement of Holum Water System Inc

Holum Water System Inc, a dedicated organization, is committed to ensuring the safety of drinking water for the community it serves in Louisiana. Its primary mission is to provide clean and safe water, an essential resource for everyday life. This mission is executed through the implementation of a program that focuses on delivering safe drinking water to the residents of Holum, Louisiana. The organization's operations are centered around this goal, aiming to enhance the well-being and health of the community by providing them with a reliable source of potable water.

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Impact




October, 2024

Holum Water System Inc significantly impacts the community of Holum, Louisiana, by ensuring access to safe drinking water. This initiative addresses a critical need for reliable water sources, promoting public health and welfare in the region. By providing clean water, Holum Water System directly contributes to the overall quality of life for residents, reducing the risk of waterborne diseases and enhancing community well-being. The program manifests a commitment to mutual benefit, fostering a healthier environment and supporting the community's sustainable development.




This information is meant to be a general summary of Holum 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
$431,040 (2023)
Expenses
$237,340 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $249,554
  • Gross Receipts: $431,040

Assets and Liabilities:

  • Total Assets: $1,995,022
  • Total Liabilities: $1,127,462
  • Net Assets: $867,560

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Programs

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

WATER FEES

Revenue

$198,491

DRINKING WATER FEES

Revenue

$5,014

FIRE FEES

Revenue

$22,327

INTEREST INCOME

Revenue

$1,507

OTHER INCOME

Revenue

$22,215

Organization Details

Founding Year

1970

Principal Officer

Edward Malcomb

NTEE Category

Code: Y22 - Mutual benefit

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