North Milam Water Supply Corporatio

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

EIN: 741884619 ✦ Cameron, TX ✦ Designated as a 501(c)(12)

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Overview

What is North Milam Water Supply Corporatio?

North Milam Water Supply Corporation is a nonprofit organization situated in Cameron, Texas. Its primary mission is to offer clean drinking water to approximately 605 rural residents. To achieve this objective, the corporation treats well water, ensuring its potability and safety for consumption. The organization's purpose is centered around providing this essential resource to support the daily living needs of its rural community members.

Is North Milam Water Supply Corporatio legitimate?

North Milam Water Supply Corporatio is a legitimate nonprofit organization registered as a 501(c)(12) entity. North Milam Water Supply Corporatio 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 North Milam Water Supply Corporatio?

The North Milam Water Supply Corporation's mission is centered around providing treated well water to approximately 605 rural residents. This mission is carried out with the primary goal of ensuring the availability of potable water for these individuals. The corporation's activities are focused on delivering clean and safe water, thereby enhancing the living conditions of those in rural areas. The corporation serves as a vital resource for these communities, providing them with a fundamental necessity, potable water.

What is the revenue of North Milam Water Supply Corporatio?

North Milam Water Supply Corporatio's revenue in 2024 was $637,698.

Who are the executives of North Milam Water Supply Corporatio and what are their salaries?

Here are 5 key members and their salaries:


Linda Acosta (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carroll W Boecker (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Locklear (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Marek (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Reinders (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for North Milam Water Supply Corporatio?

North Milam Water Supply Corporatio's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of North Milam Water Supply Corporatio

North Milam Water Supply Corporation, as its mission statement suggests, is dedicated to providing treated well water to approximately 605 rural members. This mission is a vital service, ensuring that these individuals have access to potable water, a basic necessity for daily life. The corporation's activities are centered around the purification and distribution of well water, making it safe and suitable for drinking and other household uses. This service plays a significant role in maintaining the health and well-being of the rural community it serves.

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Impact




October, 2024

North Milam Water Supply Corporation significantly impacts the rural community by providing treated well water to approximately 605 members in the Cameron, TX area. By ensuring access to potable water, the organization plays a crucial role in promoting public health, improving quality of life, and fostering community well-being. The reliable supply of safe drinking water supports not only daily living but also agricultural activities, contributing to the local economy and sustaining the livelihoods of residents. Overall, North Milam Water Supply Corporation is essential in maintaining a foundational resource that supports public benefit and community resilience.




This information is meant to be a general summary of North Milam Water Supply Corporatio. 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
$637,698 (2024)
Expenses
$751,053 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $38,818
  • Program Service Revenue: $593,551
  • Gross Receipts: $637,698

Assets and Liabilities:

  • Total Assets: $4,485,397
  • Total Liabilities: $1,763,051
  • Net Assets: $2,722,346

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Programs

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

WATER SALES

Revenue

$482,861

METER TAP & EQUITY FEES

Revenue

$54,150

RECONNECTS AND OTHER FEES

Revenue

$52,980

LATE FEES

Revenue

$3,560

Organization Details

Founding Year

1964

Principal Officer

Michael Marek

NTEE Category

Code: W80 - Public benefit

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