Mire Branch Water Corporation

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

EIN: 721044102 ✦ Church point, LA ✦ Designated as a 501(c)(12)

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Overview

What is Mire Branch Water Corporation?

Mire Branch Water Corporation is a nonprofit organization primarily focused on supplying water to rural communities. Beyond water sales, they also engage in agricultural programs to support the local region. Their operations extend to offering essential resources and services to the rural population, thereby contributing to the overall well-being of the area.

Is Mire Branch Water Corporation legitimate?

Mire Branch Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mire Branch Water Corporation 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: $26,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $208,894

For more financial information, click here

What is the mission statement of Mire Branch Water Corporation?

Mire Branch Water Corporation, as an organization, primarily focuses on selling water to rural communities. Beyond this core function, they also offer agricultural programs to their clientele, extending their services beyond just providing water. The corporation's mission, in essence, is to cater to the water needs of rural customers and contribute to the agricultural sector through its programs.

Who is the CEO of Mire Branch Water Corporation?

James Alleman is the Vice President of Mire Branch Water Corporation.

What is the revenue of Mire Branch Water Corporation?

Mire Branch Water Corporation's revenue in 2023 was $1,341,979.

Who are the executives of Mire Branch Water Corporation and what are their salaries?

The average compensation at Mire Branch Water Corporation during 2023 was $16,821. There are 14 employees at Mire Branch Water Corporation.


Here are 6 key members and their salaries:


Danny Richard (Vice President)
  • Compensation: $4,525
  • Related: $0
  • Other: $0
Chris Savoy (Secretary)
  • Compensation: $4,525
  • Related: $0
  • Other: $0
Eddie Savoie (Vice President)
  • Compensation: $4,525
  • Related: $0
  • Other: $0
Ken Arceneaux (Treasurer)
  • Compensation: $4,525
  • Related: $0
  • Other: $0
James Alleman (President)
  • Compensation: $4,250
  • Related: $0
  • Other: $0
Paul Guidry (Vice President)
  • Compensation: $4,250
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mire Branch Water Corporation?

Mire Branch Water Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Mire Branch Water Corporation

Mire Branch Water Corporation, as a mission-driven organization, is primarily focused on selling water to rural customers. Beyond this essential service, the corporation also engages in agricultural programs. By providing water to remote communities, Mire Branch Water Corporation plays a crucial role in supporting these areas' agricultural activities. This dual focus on water sales and agricultural programs underscores the organization's commitment to rural development and self-sufficiency.

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Impact




October, 2024

Mire Branch Water Corporation plays a vital role in enhancing the quality of life for rural customers in Church Point, Louisiana. By providing access to reliable and affordable water sales, it addresses a fundamental need for households and farms, ensuring they have the necessary resources to thrive.

Additionally, the organization supports agricultural programs, fostering local farming initiatives that contribute to food production in the region. This dual focus on water provision and agricultural support not only helps sustain community livelihoods but also promotes food security by encouraging sustainable practices among local farmers. Overall, Mire Branch Water Corporation significantly impacts the rural community by improving access to essential resources and fostering agricultural development.




This information is meant to be a general summary of Mire Branch Water Corporation. 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
$1,341,979 (2023)
Expenses
$1,172,962 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $975
  • Program Service Revenue: $1,325,432
  • Gross Receipts: $1,341,979

Assets and Liabilities:

  • Total Assets: $4,014,672
  • Total Liabilities: $3,052,983
  • Net Assets: $961,689

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Programs

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

CLIENT PORTION
COLLECTIONS FEE
CONNECTION CHARGES

Revenue

$114,834

LATE FEES

Revenue

$20,254

WATER SALES

Revenue

$1,190,344

Organization Details

Principal Officer

James Alleman

Main Address

1922 Higginbotham Hwy, Church Point, LA, 70525

NTEE Category

Code: K20 - Food

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