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Creta Water Corporation

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

EIN: 731459084 ✦ Altus, OK ✦ Designated as a 501(c)(12)

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Overview

What is Creta Water Corporation?

Creta Water Corporation is a nonprofit organization situated in Altus, Oklahoma. Their primary mission is to provide water services to rural residential members and public authorities. By the end of the year, they had 3,567 active services in operation. Their main activity revolves around selling and distributing water, contributing to the community's water needs.

Is Creta Water Corporation legitimate?

Creta Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Creta 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: $0

For more financial information, click here

What is the mission statement of Creta Water Corporation?

Creta Water Corporation's mission is centered around providing water services. Specifically, the corporation aims to construct a water distribution system and sell water to both rural residential members and public authorities. At the end of the year, they had 3,567 active services in operation, indicating a successful provision of water services. In essence, Creta Water Corporation's mission is to ensure a reliable water supply for its clients, serving both residential and public sectors.

Who is the CEO of Creta Water Corporation?

Robert Preston is the President of Creta Water Corporation.

What is the revenue of Creta Water Corporation?

Creta Water Corporation's revenue in 2022 was $643,680.

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


Here are 3 key members and their salaries:


Robert Preston (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Drury (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tj Beach (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Creta Water Corporation?

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

Mission Statement of Creta Water Corporation

Creta Water Corporation, as a venture, is committed to selling water to both rural residential members and public authorities. Their primary mission is to construct an efficient water distribution system and ensure the regular supply of water to these sectors. At the end of the year, the corporation had 3,567 active services in operation, demonstrating its success in delivering water to its clients.

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Impact




October, 2024

Creta Water Corporation plays a crucial role in providing essential water services to rural communities and public authorities in Altus, Oklahoma. By constructing a comprehensive water distribution system, the organization ensures that residents have access to a reliable water supply, significantly improving the quality of life for many families. At the end of the year, with 3,567 active services, Creta Water Corporation demonstrates its commitment to serving the needs of the community.

The impact of this organization extends beyond mere water delivery; it fosters public health, supports local agriculture, and promotes economic development in the region. Access to a dependable water supply is vital for residents, enabling them to maintain households and livelihoods without the threat of water scarcity. By fulfilling its mission, Creta Water Corporation contributes to the overall well-being of the community, ensuring that both rural members and public authorities can rely on a consistent source of high-quality water.




This information is meant to be a general summary of Creta 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
$643,680 (2022)
Expenses
$472,999 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $418
  • Program Service Revenue: $643,262
  • Gross Receipts: $643,680

Assets and Liabilities:

  • Total Assets: $1,446,817
  • Total Liabilities: $758,541
  • Net Assets: $688,276

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Programs

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

Water Sales

Revenue

$643,262

Organization Details

Founding Year

1992

Principal Officer

Robert Preston

Main Address

PO Box 758, Altus, OK, 73522

NTEE Category

Code: W80 - Public benefit

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