Overview
What is Olmito Water Supply Corporation?
Olmito Water Supply Corporation is a nonprofit organization dedicated to serving the rural area residents. Although the description provided is limited, it implies that their primary mission is to ensure a reliable water supply for this community. The corporation's activities are centered around this mission, providing essential water services to the residents in the rural area where it operates. The details about the organization's size, location, or any additional programs or initiatives are not available in the provided information.
Is Olmito Water Supply Corporation legitimate?
Olmito Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Olmito 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $442,883
For more financial information, click here
What is the mission statement of Olmito Water Supply Corporation?
Olmito Water Supply Corporation is committed to serving the rural area residents. Their mission is centered around providing essential resources, specifically focused on water supply. While the provided data is limited, it can be inferred that their primary goal is to ensure an adequate water supply for the residents in the rural area they serve. However, without additional information, it's challenging to provide a more detailed mission statement.
Who is the CEO of Olmito Water Supply Corporation?
Margarita Tapia is the Director Of Operations of Olmito Water Supply Corporation.
What is the revenue of Olmito Water Supply Corporation?
Olmito Water Supply Corporation's revenue in 2022 was $4,037,525.
Who are the executives of Olmito Water Supply Corporation and what are their salaries?
The average compensation at Olmito Water Supply Corporation during 2022 was $15,817. There are 28 employees at Olmito Water Supply Corporation.
Here are 6 key members and their salaries:
- Compensation: $70,285
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
- Compensation: $2,400
- Related: $0
- Other: $0
Where can I find the form 990 for Olmito Water Supply Corporation?
Olmito Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Olmito Water Supply Corporation
Olmito Water Supply Corporation, in its mission, serves to cater to the needs of residents in rural areas. Its primary objective is to ensure a reliable water supply for these communities, thereby enhancing their quality of life. The corporation is dedicated to providing essential water services, ensuring that rural residents have access to clean and safe water, which is a fundamental necessity for survival and daily activities. By serving this specific group of people, Olmito Water Supply Corporation plays a vital role in improving the living standards and well-being of rural communities.
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Impact
October, 2024
Olmito Water Supply Corporation significantly impacts rural residents by providing essential water services in Olmito, Texas. Its mission focuses on ensuring access to clean and reliable water, which is vital for health, sanitation, and overall quality of life. By serving the local community, Olmito Water Supply Corporation supports sustainable living conditions and contributes to the public benefit, making it a critical resource for rural households. Access to such utilities fosters community stability and enhances economic opportunities within the area.
This information is meant to be a general summary of Olmito 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $23,446
- Program Service Revenue: $3,514,079
- Gross Receipts: $4,037,525
Assets and Liabilities:
- Total Assets: $22,830,640
- Total Liabilities: $6,388,618
- Net Assets: $16,442,022
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SEWER & WATER SERVICE
Revenue
$2,619,311
METER INSTALLATION
Revenue
$119,240
WATER RIGHTS REPLACE
Revenue
$130,550
OTHER INCOME
Revenue
$568,466
CAPITAL IMPROVMENT
Revenue
$76,512
Organization Details
Founding Year
1967
Principal Officer
Margarita Tapia
Main Address
101 CLARA BENNETT DRIVE, OLMITO, TX, 78575
NTEE Category
Code: W80 - Public benefit
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