Dodge-Oakhurst Water Supply Corporation

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

EIN: 741622619 ✦ Dodge, TX ✦ Designated as a 501(c)(12)

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Overview

What is Dodge-Oakhurst Water Supply Corporation?

Dodge-Oakhurst Water Supply Corporation is a nonprofit organization based in Dodge, Texas. Their primary mission is to provide clean water to an estimated 664 rural residents at an affordable cost. They are engaged in the sale of water to their members and customers, with the financing of water treatment being an integral part of their operations. With a modest workforce of two individuals, they ensure the delivery of essential water services to their rural community.

Is Dodge-Oakhurst Water Supply Corporation legitimate?

Dodge-Oakhurst Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Dodge-Oakhurst 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: $0

For more financial information, click here

What is the mission statement of Dodge-Oakhurst Water Supply Corporation?

The Dodge-Oakhurst Water Supply Corporation is committed to selling water to its rural members and customers at cost. They also finance the necessary water treatment processes. Their primary objective is to provide water to an estimated 664 rural members and customers at an affordable price. The corporation's activities aim to ensure that rural communities have access to clean and sufficient water supplies. They operate with the goal of maintaining affordability while ensuring the necessary infrastructure for water treatment is in place.

Who is the CEO of Dodge-Oakhurst Water Supply Corporation?

Lester Loveday is the Officer/Director of Dodge-Oakhurst Water Supply Corporation.

What is the revenue of Dodge-Oakhurst Water Supply Corporation?

Dodge-Oakhurst Water Supply Corporation's revenue in 2022 was $370,907.

Who are the executives of Dodge-Oakhurst Water Supply Corporation and what are their salaries?

There are 2 employees at Dodge-Oakhurst Water Supply Corporation.


Here are 5 key members and their salaries:


Rodney Hoot (Officer/Director)
  • Compensation: $12,168
  • Related: $0
  • Other: $0
Rob Louther (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester Loveday (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Skye Spivey (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Miller (Officer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dodge-Oakhurst Water Supply Corporation?

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

Mission Statement of Dodge-Oakhurst Water Supply Corporation

Dodge-Oakhurst Water Supply Corporation is committed to providing clean water to its rural members and customers at an affordable cost. This nonprofit organization undertakes the financing of water treatment processes to ensure the delivery of safe and reliable water supplies. Its mission is centered around selling water to its rural community at a cost that does not exceed the expenses incurred for water treatment, thereby making it an affordable resource for its members and customers. The corporation serves an estimated 664 individuals, upholding its dedication to providing essential water services to rural communities.

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Impact




October, 2024

Dodge-Oakhurst Water Supply Corporation plays a vital role in delivering essential water services to an estimated 664 rural members and customers in Dodge, Texas. By focusing on the sale of water at cost, it ensures that local residents have access to affordable and reliable water resources. This operation not only supports the community’s hydration needs but also contributes to public health and sanitation.

The Corporation's commitment to financing water treatment enhances the quality of the water supplied, ensuring it meets safety standards for consumption. This focus on quality and affordability makes a significant positive impact on the lives of its members, fostering a sustainable environment for rural living. Overall, Dodge-Oakhurst Water Supply Corporation is essential in promoting public benefit, enhancing community welfare, and ensuring that residents can thrive in a healthy and supportive water ecosystem.




This information is meant to be a general summary of Dodge-Oakhurst 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
$370,907 (2022)
Expenses
$335,744 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $737
  • Program Service Revenue: $370,024
  • Gross Receipts: $370,907

Assets and Liabilities:

  • Total Assets: $441,481
  • Total Liabilities: $185,484
  • Net Assets: $255,997

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Programs

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

WATER SALES

Revenue

$355,875

Organization Details

Founding Year

1972

Principal Officer

Lester Loveday

Main Address

PO BOX 425, DODGE, TX, 77334

NTEE Category

Code: W80 - Public benefit

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