Overview
What is Gholson Water Supply Corporation?
Gholson Water Supply Corporation is a nonprofit organization situated in Waco, Texas, specifically at 12520 Gholson Road, 76705. Its primary mission is to ensure the provision of safe potable drinking water services to the rural residents of both McLennan and Hill Counties, Texas. In 2022, the corporation sold approximately 103,516,300 gallons of water to around 3,714 customers. With a small workforce of only 3 employees, Gholson Water Supply Corporation plays a crucial role in maintaining the water supply and ensuring the well-being of rural communities in these areas.
Is Gholson Water Supply Corporation legitimate?
Gholson Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Gholson 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: $51,299
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,963
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What is the mission statement of Gholson Water Supply Corporation?
The Gholson Water Supply Corporation's mission is centered around providing a safe and potable drinking water service. This mission extends to rural residents in two Texas counties, specifically McLennan and Hill County. The organization's primary goal is to ensure the availability of clean drinking water, serving approximately 3,714 customers and selling around 103,516,300 gallons of water in 2022. The corporation's activities primarily focus on ensuring the quality and accessibility of this essential resource.
Who is the CEO of Gholson Water Supply Corporation?
Burl Shelton is the President of Gholson Water Supply Corporation.
What is the revenue of Gholson Water Supply Corporation?
Gholson Water Supply Corporation's revenue in 2022 was $971,486.
Who are the executives of Gholson Water Supply Corporation and what are their salaries?
The average compensation at Gholson Water Supply Corporation during 2022 was $24,087. There are 3 employees and 5 volunteers at Gholson Water Supply Corporation.
Here are 6 key members and their salaries:
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- Compensation: $51,299
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Where can I find the form 990 for Gholson Water Supply Corporation?
Gholson Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gholson Water Supply Corporation
Gholson Water Supply Corporation, a vital entity, is committed to providing a reliable and safe potable drinking water service to rural residents in Texas. Specifically, it serves communities in McLennan and Hill Counties. The organization's mission is to ensure that residents in these areas have access to clean and safe water, an essential resource for daily living. In 2022, the corporation sold approximately 103,516,300 gallons of water to around 3,714 customers, reflecting its dedication to meeting the water needs of its clientele.
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Impact
October, 2024
Gholson Water Supply Corporation plays a crucial role in ensuring that rural residents of McLennan and Hill County, Texas, have access to safe, potable drinking water. Serving approximately 3,714 customers, the organization sold over 103 million gallons of water in 2022 alone. This comprehensive water service is vital for public health and quality of life, especially in rural areas where access to clean water may be limited. By fulfilling its mission to provide reliable water sources, Gholson Water Supply Corporation supports the well-being of the community, contributing to economic stability and enhancing the overall quality of life for its residents.
This information is meant to be a general summary of Gholson 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: $6,170
- Program Service Revenue: $951,936
- Gross Receipts: $971,486
Assets and Liabilities:
- Total Assets: $3,086,786
- Total Liabilities: $174,590
- Net Assets: $2,912,196
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES
Revenue
$951,936
Organization Details
Founding Year
1966
Phone
(254) 829-2907Principal Officer
Burl Shelton
Main Address
12520 GHOLSON ROAD, WACO, TX, 76705
NTEE Category
Code: W80 - Public benefit
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