Elmore City Rural Water Corporation

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

EIN: 731013203 ✦ Elmore city, OK ✦ Designated as a 501(c)(12)

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Overview

What is Elmore City Rural Water Corporation?

Elmore City Rural Water Corporation is a nonprofit organization dedicated to serving its members by establishing and maintaining a reliable waterworks and distribution system. Their primary mission is to ensure the availability and provision of water to their community members, aiming to enhance their overall well-being. This nonprofit is committed to fulfilling its purpose by offering a comprehensive water supply system that benefits its members directly.

Is Elmore City Rural Water Corporation legitimate?

Elmore City Rural Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Elmore City Rural 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,400

For more financial information, click here

What is the mission statement of Elmore City Rural Water Corporation?

The Elmore City Rural Water Corporation's mission is centered around serving its members effectively. Its primary objective is to establish and manage a functional waterworks and distribution system, providing its members with the necessary water resources. The corporation's activities primarily revolve around supplying water to its membership base, ensuring their well-being and daily needs are met.

Who is the CEO of Elmore City Rural Water Corporation?

Terry Richardson is the Chairman of Elmore City Rural Water Corporation.

What is the revenue of Elmore City Rural Water Corporation?

Elmore City Rural Water Corporation's revenue in 2022 was $532,057.

Who are the executives of Elmore City Rural Water Corporation and what are their salaries?

The average compensation at Elmore City Rural Water Corporation during 2022 was $35,200. There are 2 employees at Elmore City Rural Water Corporation.


Here are 5 key members and their salaries:


Jay Earp (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Herrod (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Nelson (Treasurersecretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Richardson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Chapman Jr (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Elmore City Rural Water Corporation?

Elmore City Rural Water Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Elmore City Rural Water Corporation

Elmore City Rural Water Corporation is dedicated to serving its members by providing a reliable waterworks and distribution system. This mission is centered around ensuring the utility's members have access to an efficient and beneficial water supply. The corporation's programs primarily focus on delivering water to its members, demonstrating its commitment to enhancing the lives of its community.

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Impact




October, 2024

Elmore City Rural Water Corporation plays a crucial role in ensuring that its members have access to reliable water services. By establishing and maintaining a waterworks and distribution system, it directly supports the community’s need for safe and sustainable water resources. The organization's dedicated efforts help to improve public health, enhance quality of life, and promote economic growth in Elmore City, Oklahoma. Its focus on providing essential water services underpins various aspects of daily living for residents, ensuring that the local population can depend on clean water for drinking, sanitation, and other vital uses.




This information is meant to be a general summary of Elmore City Rural 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
$532,057 (2022)
Expenses
$480,526 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $957
  • Program Service Revenue: $531,100
  • Gross Receipts: $532,057

Assets and Liabilities:

  • Total Assets: $1,756,411
  • Total Liabilities: $671,580
  • Net Assets: $1,084,831

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Programs

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

WATER SERVICE

Revenue

$493,097

LATE PENALTIES

Revenue

$12,469

BENEFIT UNITS

Revenue

$16,250

TOWER FEES

Revenue

$4,800

SERVICE INCOME

Revenue

$4,484

Organization Details

Founding Year

1971

Principal Officer

Terry Richardson

Main Address

PO BOX 98, ELMORE CITY, OK, 73433

NTEE Category

Code: W80 - Public benefit

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