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Axtell Water Supply Corporation

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

EIN: 741608875 ✦ Axtell, TX ✦ Designated as a 501(c)(12)

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Overview

What is Axtell Water Supply Corporation?

Axtell Water Supply Corporation is a small yet essential nonprofit entity located in the rural area of Axtell, Texas. With just two dedicated employees, this corporation plays a vital role in supplying water services to over 600 residents and businesses in the region. Their primary mission revolves around ensuring a reliable water supply, contributing significantly to the well-being and daily needs of their community.

Is Axtell Water Supply Corporation legitimate?

Axtell Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Axtell 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: $2,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,987

For more financial information, click here

What is the mission statement of Axtell Water Supply Corporation?

Axtell Water Supply Corporation's primary role is to supply water services to over 600 rural residents and businesses. Their mission can be summarized as ensuring the provision of reliable water services, catering to the needs of the rural community and businesses they serve. The corporation's activities are centered around delivering clean and safe water, essential for daily living and various business operations. This commitment to water service extends beyond the mere supply, as it ensures the well-being and convenience of the community it serves. The corporation's mission is thus to maintain and enhance the quality of life in rural areas by providing reliable water services.

Who is the CEO of Axtell Water Supply Corporation?

Chuck White is the Principal Officer of Axtell Water Supply Corporation.

What is the revenue of Axtell Water Supply Corporation?

Axtell Water Supply Corporation's revenue in 2022 was $548,733.

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

The average compensation at Axtell Water Supply Corporation during 2022 was $36,474. There are 2 employees at Axtell Water Supply Corporation.


Here are 7 key members and their salaries:


Bill Blount (President)
  • Compensation: $520
  • Related: $0
  • Other: $0
Randy Brannen (Director)
  • Compensation: $480
  • Related: $0
  • Other: $0
H C Harris (Director)
  • Compensation: $240
  • Related: $0
  • Other: $0
Johnny Denton (Director)
  • Compensation: $520
  • Related: $0
  • Other: $0
John Brannen (Vice President)
  • Compensation: $440
  • Related: $0
  • Other: $0
Cheri Brock (Treasurer)
  • Compensation: $520
  • Related: $0
  • Other: $0
Jamie Brannen (Director)
  • Compensation: $240
  • Related: $0
  • Other: $0
Where can I find the form 990 for Axtell Water Supply Corporation?

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

Mission Statement of Axtell Water Supply Corporation

Axtell Water Supply Corporation, as its mission statement suggests, is dedicated to providing essential water services to approximately 600 rural residents and businesses. This organization plays a significant role in ensuring that these communities have access to a fundamental resource, water, which is vital for daily living and various economic activities. By offering reliable water service, Axtell Water Supply Corporation contributes to the well-being and sustainability of these rural areas.

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Impact




October, 2024

Axtell Water Supply Corporation plays a crucial role in the community by providing essential water services to over 600 rural residents and businesses in Axtell, Texas. This access to safe and reliable water is vital for both daily living and agricultural needs. By ensuring that the local population has adequate water supply, Axtell Water Supply Corporation supports the health and well-being of its community members, contributing to their quality of life. Moreover, the corporation's services are fundamental for local businesses, fostering economic growth and stability in the region. Overall, Axtell Water Supply Corporation not only meets a basic necessity but also enhances the socio-economic fabric of the area it serves.




This information is meant to be a general summary of Axtell 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
$548,733 (2022)
Expenses
$520,972 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,577
  • Program Service Revenue: $544,756
  • Gross Receipts: $548,733

Assets and Liabilities:

  • Total Assets: $1,995,121
  • Total Liabilities: $14,025
  • Net Assets: $1,981,096

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Programs

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

WATER SALES

Revenue

$490,666

CONNECT FEES

Revenue

$41,200

LATE CHARGES

Revenue

$9,640

OTHER FEES

Revenue

$3,250

Organization Details

Founding Year

1958

Principal Officer

Chuck White

Main Address

PO BOX 180, AXTELL, TX, 76624

NTEE Category

Code: K200 - Food

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