Menlow Water Supply Corporatio

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

EIN: 741557812 ✦ Abbott, TX ✦ Designated as a 501(c)(12)

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Overview

What is Menlow Water Supply Corporatio?

Menlow Water Supply Corporation is a nonprofit organization situated in Abbott, Texas. Its primary function is to ensure the supply of rural water to its 258 member customers. This involves extraction and distribution of water from wells, as well as selling this vital resource. The corporation's mission is centered around providing reliable water services, contributing significantly to the local community's daily needs.

Is Menlow Water Supply Corporatio legitimate?

Menlow Water Supply Corporatio is a legitimate nonprofit organization registered as a 501(c)(12) entity. Menlow Water Supply Corporatio 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: $16,928
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Menlow Water Supply Corporatio?

Menlow Water Supply Corporation's mission is centered around providing rural water supply. They achieve this by pumping and distributing water from wells to their member customers. Their programs encompass the extraction, distribution, and sale of water, catering to around 258 customers. The corporation's primary objective is to ensure a consistent water supply, contributing to the well-being of the community it serves.

Who is the CEO of Menlow Water Supply Corporatio?

Ronnie Skerik is the President of Menlow Water Supply Corporatio.

What is the revenue of Menlow Water Supply Corporatio?

Menlow Water Supply Corporatio's revenue in 2022 was $274,603.

Who are the executives of Menlow Water Supply Corporatio and what are their salaries?

The average compensation at Menlow Water Supply Corporatio during 2022 was $5,643. There are 3 employees at Menlow Water Supply Corporatio.


Here are 8 key members and their salaries:


Ronnie Skerik (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Girard (Vice-President)
  • Compensation: $1,556
  • Related: $0
  • Other: $0
Mike Prasifka (Sec-Treasurer)
  • Compensation: $4,392
  • Related: $0
  • Other: $0
Kevin Nors (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernie Kolar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Burrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Prasifka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Prasifk (Bookkeeper)
  • Compensation: $10,980
  • Related: $0
  • Other: $0
Where can I find the form 990 for Menlow Water Supply Corporatio?

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

Mission Statement of Menlow Water Supply Corporatio

Menlow Water Supply Corporation, a nonprofit organization, is dedicated to providing rural water supply. Their mission is centered around pumping and distributing water from wells to their member customers, serving approximately 258 households in Abbott, TX. The corporation's programs encompass the extraction, distribution, and sale of this essential resource, enabling these communities to access clean and reliable water. By fulfilling this mission, Menlow Water Supply Corporation plays a crucial role in ensuring the well-being and basic needs of its customers are met.

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Impact




October, 2024

Menlow Water Supply Corporation plays a crucial role in the community of Abbott, TX, by pumping and distributing water from wells to its member customers. Serving approximately 258 customers, the corporation ensures a reliable supply of water, which is essential for both everyday living and agricultural needs in the rural area. Its dedicated programs focus on the extraction, distribution, and sale of water, enhancing the quality of life for residents and fostering growth within the community. By providing essential water services, Menlow Water Supply Corporation significantly contributes to public benefit and supports the overall sustainability of the region's water resources.




This information is meant to be a general summary of Menlow Water Supply Corporatio. 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
$274,603 (2022)
Expenses
$186,842 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,120
  • Program Service Revenue: $262,483
  • Gross Receipts: $274,603

Assets and Liabilities:

  • Total Assets: $1,843,416
  • Total Liabilities: $294,028
  • Net Assets: $1,549,388

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Programs

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

WATER SALES

Revenue

$160,847

LATE CHARGES

Revenue

$3,100

METER READING FEES

Revenue

$6,270

INSTALLATION/CONNEC

Revenue

$85,075

TOWER RENTAL

Revenue

$7,191

Organization Details

Founding Year

1965

Principal Officer

Ronnie Skerik

Main Address

2330 FM 1304, Abbott, TX, 76621

NTEE Category

Code: W80 - Public benefit

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