Mountain Water Supply Corporation

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

EIN: 741593152 ✦ Gatesville, TX ✦ Designated as a 501(c)(12)

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Overview

What is Mountain Water Supply Corporation?

Mountain Water Supply Corporation is a nonprofit organization dedicated to providing water services to its members. They are responsible for distributing water, installing and maintaining water meters, and upgrading water lines as necessary. This organization plays a vital role in ensuring a consistent water supply for its members, ensuring the installation and proper functioning of water meters, and making necessary improvements to the water distribution infrastructure.

Is Mountain Water Supply Corporation legitimate?

Mountain Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mountain 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: $123,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,036

For more financial information, click here

What is the mission statement of Mountain Water Supply Corporation?

Mountain Water Supply Corporation's mission revolves around providing water to its members. The corporation is responsible for installing water meters and maintaining and upgrading water lines as necessary, ensuring a reliable supply of water for its customers. In essence, Mountain Water Supply Corporation plays a crucial role in ensuring its members have access to a sufficient water supply, ensuring the proper functioning of their water meters, and performing necessary upgrades to maintain water delivery efficiency.

Who is the CEO of Mountain Water Supply Corporation?

James Ragland is the President of Mountain Water Supply Corporation.

What is the revenue of Mountain Water Supply Corporation?

Mountain Water Supply Corporation's revenue in 2022 was $848,512.

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

The average compensation at Mountain Water Supply Corporation during 2022 was $72,908. There are 2 employees at Mountain Water Supply Corporation.


Here are 12 key members and their salaries:


Eric D Rockow (Operator)
  • Compensation: $74,665
  • Related: $0
  • Other: $0
Jacquelyn Knoblock (Manager)
  • Compensation: $49,115
  • Related: $0
  • Other: $0
Sam Hendricks ()
  • Compensation: $14,683
  • Related: $0
  • Other: $0
Shelly Washburn ()
  • Compensation: $4,594
  • Related: $0
  • Other: $0
Kimberly West ()
  • Compensation: $2,758
  • Related: $0
  • Other: $0
James Ragland (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Wallace (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Mcgonagle Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Wheeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Hendricks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Logan Powell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loni Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mountain Water Supply Corporation?

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

Mission Statement of Mountain Water Supply Corporation

Mountain Water Supply Corporation, in its mission, focuses on delivering water to its members. This nonprofit organization goes beyond just distributing water; it also installs water meters and performs necessary maintenance and upgrades on water lines. By doing so, Mountain Water Supply Corporation ensures a reliable and efficient water supply for its members, enhancing their quality of life.

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Impact




October, 2024

Mountain Water Supply Corporation plays a vital role in ensuring access to clean and reliable water for its members in Gatesville, TX. By distributing water and managing essential infrastructure such as water meters and distribution lines, the organization supports the community's health and well-being. Its ongoing maintenance and upgrades to water lines are crucial for sustaining quality service and adapting to the changing needs of the area, thereby enhancing the overall quality of life for residents. Through these activities, Mountain Water Supply Corporation not only meets a fundamental necessity for the community but also promotes public benefit and environmental stewardship.




This information is meant to be a general summary of Mountain 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
$848,512 (2022)
Expenses
$718,153 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,381
  • Gross Receipts: $954,533

Assets and Liabilities:

  • Total Assets: $3,855,081
  • Total Liabilities: $2,218,721
  • Net Assets: $1,636,360

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Programs

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

Water revenue

Organization Details

Principal Officer

James Ragland

Main Address

PO BOX 1045, GATESVILLE, TX, 76528

NTEE Category

Code: W80 - Public benefit

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