Eol Water Supply Corporation

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

EIN: 741500422 ✦ Axtell, TX ✦ Designated as a 501(c)(12)

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Overview

What is Eol Water Supply Corporation?

Eol Water Supply Corporation is a nonprofit organization, specifically established to cater to the water needs of rural families and businesses in Texas. With a modest workforce of two dedicated individuals, this corporation plays a crucial role in supplying water to over 650 rural residents and businesses in the area, ensuring their water supply needs are met. The organization's mission is deeply rooted in its commitment to providing water services, demonstrating its dedication to the well-being and livelihood of rural communities in Texas.

Is Eol Water Supply Corporation legitimate?

Eol Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Eol Water Supply 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: $35,545
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,300

For more financial information, click here

What is the mission statement of Eol Water Supply Corporation?

The Eol Water Supply Corporation's mission is centered around providing essential water services. Specifically, it aims to cater to the water needs of rural residents and businesses. This corporation has demonstrated its commitment by supplying water to over 650 such families and businesses. By doing so, it plays a crucial role in ensuring sustainable water access in rural areas.

Who is the CEO of Eol Water Supply Corporation?

Michael Dulock is the President of Eol Water Supply Corporation.

What is the revenue of Eol Water Supply Corporation?

Eol Water Supply Corporation's revenue in 2022 was $616,919.

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

The average compensation at Eol Water Supply Corporation during 2022 was $30,422. There are 2 employees and 5 volunteers at Eol Water Supply Corporation.


Here are 5 key members and their salaries:


Michael Dulock (President)
  • Compensation: $3,575
  • Related: $0
  • Other: $0
Fred Kubitza (Vice President)
  • Compensation: $31,970
  • Related: $0
  • Other: $0
Wendell Bordovsky (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robby Don Uptmor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J R Vicha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Eol Water Supply Corporation?

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

Mission Statement of Eol Water Supply Corporation

Eol Water Supply Corporation, a nonprofit organization, is dedicated to fulfilling a crucial mission. Its primary objective is to supply clean, potable water to rural families and businesses, ensuring their basic water needs are met. By providing water to over 650 such households and enterprises, the corporation has demonstrated its commitment to this mission. The organization's work is essential in ensuring that rural communities have access to a vital resource, enabling them to maintain their daily lives and businesses with ease.

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Impact




October, 2024

Eol Water Supply Corporation plays a crucial role in enhancing the quality of life for rural residents and businesses in Axtell, TX. By providing reliable access to water, it serves over 650 families and commercial entities, ensuring they have the essential resource needed for daily living and economic activities. This access not only supports public health but also fosters community development and sustainability in rural areas. The corporation's commitment to delivering water services underscores its significant impact on the well-being of the local population and the overall growth of the region.




This information is meant to be a general summary of Eol Water Supply 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
$616,919 (2022)
Expenses
$499,811 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,088
  • Program Service Revenue: $611,831
  • Gross Receipts: $616,919

Assets and Liabilities:

  • Total Assets: $2,801,933
  • Total Liabilities: $47,230
  • Net Assets: $2,754,703

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Programs

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

WATER SERVICE

Revenue

$611,831

Organization Details

Founding Year

1963

Principal Officer

Michael Dulock

Main Address

9645 ELK RD, AXTELL, TX, 76624

NTEE Category

Code: W80 - Public benefit

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