Magnolia Plantation Water System Inc

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

EIN: 721089805 ✦ Abbeville, LA ✦ Designated as a 501(c)(12)

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Overview

What is Magnolia Plantation Water System Inc?

Magnolia Plantation Water System Inc is a nonprofit organization dedicated to supplying top-notch water to its rural area clients. Their primary goal is to ensure that their customer base has uninterrupted access to clean, safe water. Through its water system program, Magnolia Plantation Water System Inc strives to meet this objective, making it a vital service provider in these communities.


Official website here: www.magnoliawater.com

Is Magnolia Plantation Water System Inc legitimate?

Magnolia Plantation Water System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Magnolia Plantation 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: $324,698

For more financial information, click here


Official website here: www.magnoliawater.com

What is the mission statement of Magnolia Plantation Water System Inc?

Magnolia Plantation Water System Inc's mission is centered around providing high-quality water to its rural customers. Through its water system program, the organization strives to guarantee that the individuals it serves have uninterrupted access to clean and safe water. The company's objective is to fulfill this essential need, contributing to improved living conditions and overall well-being in the communities it serves.


Official website here: www.magnoliawater.com

Who is the CEO of Magnolia Plantation Water System Inc?

Alex Crochet Jr is the President of Magnolia Plantation Water System Inc.


Official website here: www.magnoliawater.com

What is the revenue of Magnolia Plantation Water System Inc?

Magnolia Plantation Water System Inc's revenue in 2022 was $1,411,493.


Official website here: www.magnoliawater.com

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

The average compensation at Magnolia Plantation Water System Inc during 2022 was $46,385. There are 7 employees at Magnolia Plantation Water System Inc.


Here are 8 key members and their salaries:


Alex Crochet Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Menard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Mayard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Landry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irving Suire (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Butcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Robinson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Touchet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.magnoliawater.com

Where can I find the form 990 for Magnolia Plantation Water System Inc?

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


Official website here: www.magnoliawater.com

Learn more at the official website: www.magnoliawater.com

Mission Statement of Magnolia Plantation Water System Inc

Magnolia Plantation Water System Inc, as a nonprofit organization, is dedicated to providing quality water to the residents in rural areas. Their primary mission is to ensure that these communities have access to clean and safe water through their water system program. The organization's goal is to maintain the high standard of water quality, ensuring it meets the needs of its customers in rural areas. By doing so, Magnolia Plantation Water System Inc contributes to the overall well-being and health of the communities it serves.

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Impact




October, 2024

Magnolia Plantation Water System Inc significantly impacts rural communities in Abbeville, LA, by ensuring access to high-quality water. The organization’s dedicated efforts in providing a reliable water system program enhance the quality of life for residents. By focusing on areas that may otherwise be underserved, Magnolia Plantation Water System not only addresses essential health needs but also promotes public welfare through the delivery of clean and safe water. This crucial service contributes to improved health outcomes, supports local economies, and strengthens community well-being, making a vital difference in the lives of those it serves.




This information is meant to be a general summary of Magnolia Plantation 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
$1,411,493 (2022)
Expenses
$1,284,830 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,599
  • Program Service Revenue: $1,396,304
  • Gross Receipts: $1,411,493

Assets and Liabilities:

  • Total Assets: $4,695,786
  • Total Liabilities: $1,436,280
  • Net Assets: $3,259,506

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Programs

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

FINANCE CHARGES

Revenue

$21,049

Membership Dues & Assessments

Revenue

$35,950

NSF CHARGES

Revenue

$775

RECONNECT FEES

Revenue

$30,725

WATER SALES

Revenue

$1,307,805

Organization Details

Founding Year

1986

Principal Officer

Alex Crochet Jr

Main Address

PO BOX 960, ABBEVILLE, LA, 70511

NTEE Category

Code: W80 - Public benefit

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