Moffat Water Supply Corporation

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

EIN: 741937977 ✦ Temple, TX ✦ Designated as a 501(c)(12)

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Overview

What is Moffat Water Supply Corporation?

Moffat Water Supply Corporation is a nonprofit organization situated in Temple, Texas. With a staff of seven dedicated individuals, their primary mission is to deliver a reliable distribution system, providing treated fresh water to approximately 1,685 rural members within their community. This essential utility service ensures the availability of potable water, thereby catering to the fundamental needs of the rural population they serve.


Official website here: www.moffatwatersupply.com

Is Moffat Water Supply Corporation legitimate?

Moffat Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Moffat 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: $309,321

For more financial information, click here


Official website here: www.moffatwatersupply.com

What is the mission statement of Moffat Water Supply Corporation?

The Moffat Water Supply Corporation's mission is centered around providing essential services. Specifically, they aim to deliver potable water utility services to approximately 1,685 rural members. This is accomplished through the establishment and maintenance of a distribution system, ensuring the supply of treated fresh water to the community. The corporation's primary goal is to ensure that these rural members have access to clean and safe drinking water.


Official website here: www.moffatwatersupply.com

Who is the CEO of Moffat Water Supply Corporation?

Damon Boniface is the Vice Preside of Moffat Water Supply Corporation.


Official website here: www.moffatwatersupply.com

What is the revenue of Moffat Water Supply Corporation?

Moffat Water Supply Corporation's revenue in 2022 was $2,167,599.


Official website here: www.moffatwatersupply.com

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

The average compensation at Moffat Water Supply Corporation during 2022 was $44,189. There are 7 employees and 5 volunteers at Moffat Water Supply Corporation.


Here are 5 key members and their salaries:


Russel Coufal (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Haugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Dewitt Mayfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lafonda Wilsey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Young (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.moffatwatersupply.com

Where can I find the form 990 for Moffat Water Supply Corporation?

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


Official website here: www.moffatwatersupply.com

Learn more at the official website: www.moffatwatersupply.com

Mission Statement of Moffat Water Supply Corporation

Moffat Water Supply Corporation, as a utility service provider, is dedicated to a significant mission. This mission involves supplying potable water to approximately 1,685 rural members. The corporation achieves this goal by establishing and maintaining a distribution system that delivers treated fresh water. This system ensures that these rural communities have a reliable and safe source of water for their daily needs. The corporation's mission is essential in ensuring the well-being of its members, contributing to their health and overall quality of life.

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Impact




October, 2024

Moffat Water Supply Corporation plays a crucial role in delivering potable water utility services to approximately 1,685 rural members in the Temple, Texas area. By providing a well-maintained distribution system, the organization ensures that treated fresh water is accessible to its members, significantly enhancing their quality of life. This reliable water supply is vital for everyday needs such as drinking, cooking, and sanitation, directly impacting public health and community sustainability. The services offered by Moffat Water Supply Corporation contribute to the overall vitality of the rural community, fostering a secure environment for families and supporting local development.




This information is meant to be a general summary of Moffat 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
$2,167,599 (2022)
Expenses
$1,659,109 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,203
  • Program Service Revenue: $2,139,452
  • Gross Receipts: $2,167,599

Assets and Liabilities:

  • Total Assets: $9,467,203
  • Total Liabilities: $6,116,070
  • Net Assets: $3,351,133

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Programs

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

WATER SALES

Revenue

$1,806,866

METER TAP AND EQUITY FEES

Revenue

$278,480

RECONNECTS AND OTHER FEES

Revenue

$32,466

LATE FEES

Revenue

$21,640

Organization Details

Founding Year

1965

Principal Officer

Damon Boniface

Main Address

5456 LAKEAIRE BLVD, TEMPLE, TX, 76502

NTEE Category

Code: W80 - Public benefit

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