Salem-Elm Ridge Water Supply Corporation

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

EIN: 741884622 ✦ Cameron, TX ✦ Designated as a 501(c)(12)

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Overview

What is Salem-Elm Ridge Water Supply Corporation?

The Salem-Elm Ridge Water Supply Corporation, situated in Cameron, Texas (zip code 76520), serves as a vital utility provider for approximately 457 rural residents. Acting as a nonprofit organization, their primary mission is to ensure the delivery of clean, potable well water. By providing this essential service, the corporation plays a significant role in maintaining the wellbeing of its community members, contributing to their daily needs and overall quality of life.

Is Salem-Elm Ridge Water Supply Corporation legitimate?

Salem-Elm Ridge Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Salem-Elm Ridge 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 Salem-Elm Ridge Water Supply Corporation?

The Salem-Elm Ridge Water Supply Corporation's primary objective is to provide a reliable and potable well water utility service to approximately 457 rural community members. Their mission is centered around ensuring the availability of clean water, serving as a vital resource for the daily lives of these individuals. The corporation's activities are focused on maintaining the quality and consistency of the water supply, ensuring it remains safe for consumption. This commitment to providing clean water not only enhances the livability of the rural community but also contributes to their overall well-being.

Who is the CEO of Salem-Elm Ridge Water Supply Corporation?

Charles Riola is the Director of Salem-Elm Ridge Water Supply Corporation.

What is the revenue of Salem-Elm Ridge Water Supply Corporation?

Salem-Elm Ridge Water Supply Corporation's revenue in 2022 was $567,374.

Who are the executives of Salem-Elm Ridge Water Supply Corporation and what are their salaries?


Here are 7 key members and their salaries:


Clay Barton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franklin Glaser (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anton Klecka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Kunkel (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hollis Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rinn (Central Texa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Riola (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Salem-Elm Ridge Water Supply Corporation?

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

Mission Statement of Salem-Elm Ridge Water Supply Corporation

Salem-Elm Ridge Water Supply Corporation, as a utility service provider, is dedicated to supplying potable well water to approximately 457 rural members. The organization's mission is centered around ensuring that these members have access to clean, safe water for their daily needs. By providing a reliable well water utility service, Salem-Elm Ridge Water Supply Corporation plays a crucial role in maintaining the well-being of its rural community members. The corporation's activities are focused on ensuring that the water it supplies meets the highest standards of potability, ensuring that its members can rely on a consistent and safe water supply.

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Impact




October, 2024

Salem-Elm Ridge Water Supply Corporation plays a crucial role in enhancing the quality of life for approximately 457 rural members in Cameron, TX, by providing access to potable well water utility services. This access not only ensures the availability of clean and safe drinking water but also supports health and well-being in the community. By focusing on rural areas, the organization helps to address critical water supply needs, promoting sustainability and public health. The reliable water supply fosters agricultural activities and contributes to the overall economic stability of the area, ensuring that members can maintain their homes and livelihoods.




This information is meant to be a general summary of Salem-Elm Ridge 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
$567,374 (2022)
Expenses
$524,702 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,732
  • Program Service Revenue: $564,642
  • Gross Receipts: $567,374

Assets and Liabilities:

  • Total Assets: $1,513,477
  • Total Liabilities: $359,120
  • Net Assets: $1,154,357

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Programs

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

METERED WATER SALES

Revenue

$485,699

METER TAP AND EQUITY FEES

Revenue

$66,565

RESERVE CAPACITY FEES

Revenue

$5,325

PENALTY AND RECONNECT FEES

Revenue

$4,715

MISC. INCOME

Revenue

$2,338

Organization Details

Founding Year

1967

Principal Officer

Charles Riola

Main Address

PO BOX 150, CAMERON, TX, 76520

NTEE Category

Code: W80 - Public benefit

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