Overview
What is Egan Water Corporation?
Egan Water Corporation is a nonprofit organization, specifically established to construct, maintain, and operate a water system, providing essential services to rural areas surrounding Egan, Louisiana. With a small team of seven dedicated individuals, this corporation aims to ensure a reliable water supply for the community, contributing significantly to the region's well-being.
Is Egan Water Corporation legitimate?
Egan Water Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Egan 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: $14,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $182,534
For more financial information, click here
What is the mission statement of Egan Water Corporation?
The Egan Water Corporation is dedicated to constructing, maintaining, and operating a water system aimed at providing essential services to rural communities surrounding Egan, Louisiana. Their mission is centered around ensuring reliable water supply to these areas, thereby enhancing their livelihoods. The corporation's activities primarily focus on constructing and maintaining the infrastructure required for water distribution, ensuring the system operates efficiently to meet the needs of its users.
Who is the CEO of Egan Water Corporation?
Mark Faul is the President of Egan Water Corporation.
What is the revenue of Egan Water Corporation?
Egan Water Corporation's revenue in 2023 was $1,250,740.
Who are the executives of Egan Water Corporation and what are their salaries?
The average compensation at Egan Water Corporation during 2023 was $28,155. There are 7 employees at Egan Water Corporation.
Here are 10 key members and their salaries:
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,300
- Related: $0
- Other: $0
- Compensation: $1,800
- Related: $0
- Other: $0
- Compensation: $1,650
- Related: $0
- Other: $0
- Compensation: $1,650
- Related: $0
- Other: $0
- Compensation: $1,650
- Related: $0
- Other: $0
- Compensation: $900
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Egan Water Corporation?
Egan Water Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Egan Water Corporation
Egan Water Corporation, as a nonprofit entity, is committed to constructing, maintaining, and operating a water system with the primary objective of providing essential services to rural communities surrounding Egan, Louisiana. Their mission is to ensure the availability of clean and potable water in these underserved areas, thereby improving the quality of life for the local population. By undertaking this task, Egan Water Corporation is playing a vital role in addressing the unique water needs of these rural communities, thereby contributing to their overall development and well-being.
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Impact
October, 2024
Egan Water Corporation plays a vital role in enhancing the quality of life in rural areas surrounding Egan, Louisiana. By constructing, maintaining, and operating a reliable water system, it ensures that residents have access to clean and safe water. This essential service not only supports public health but also fosters community development and well-being. Reliable water infrastructure contributes to agricultural activities, local businesses, and overall economic stability in the region. The corporation's commitment to maintaining these water services helps strengthen the community, promoting a healthier environment and improving living conditions for all residents.
This information is meant to be a general summary of Egan 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,172
- Program Service Revenue: $1,248,568
- Gross Receipts: $1,250,740
Assets and Liabilities:
- Total Assets: $6,415,063
- Total Liabilities: $6,106,929
- Net Assets: $308,134
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UTILITY REVENUES
Revenue
$1,248,568
Organization Details
Phone
(337) 788-2889Principal Officer
Mark Faul
Main Address
PO BOX 309, EGAN, LA, 70531
NTEE Category
Code: W80 - Public benefit
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