Overview
What is West Lincoln Natural Gas District?
West Lincoln Natural Gas District is a community-focused nonprofit organization based in Brookhaven, Mississippi. It primarily serves as a provider of natural gas to its members, charging them based on their gas usage. This alternative fuel source not only benefits the community by offering a more affordable option for day-to-day activities but also qualifies as a member-funded program, with 100% of its revenue coming directly from its members. Since its establishment, the organization has maintained this member-centric business model, meeting the requirement of deriving 100% of its income from member contributions. In 1993, it even surpassed the 85% determination factor, and this trend has continued ever since. The district currently serves about 300 members in 2022.
Is West Lincoln Natural Gas District legitimate?
West Lincoln Natural Gas District is a legitimate nonprofit organization registered as a 501(c)(12) entity. West Lincoln Natural Gas District 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
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What is the mission statement of West Lincoln Natural Gas District?
West Lincoln Natural Gas District's mission is centered around providing natural gas as an alternative fuel source to its members, primarily residential and small businesses. This initiative aims to help these members avoid higher fuel costs from other sources. The district operates as a member-driven program, with its revenue solely derived from its members, ensuring affordability. In the past, West Lincoln Natural Gas District has met the requirement of having at least 85% of its income come from member contributions for covering losses and expenses, and this practice continues to date at 100%. The district's primary role is to serve its community by offering an alternative, cost-effective fuel source for daily activities.
Who is the CEO of West Lincoln Natural Gas District?
D Steven Smith is the Superintendent of West Lincoln Natural Gas District.
What is the revenue of West Lincoln Natural Gas District?
West Lincoln Natural Gas District's revenue in 2022 was $230,295.
Who are the executives of West Lincoln Natural Gas District and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $27,685
- Related: $0
- Other: $0
- Compensation: $21,222
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for West Lincoln Natural Gas District?
West Lincoln Natural Gas District's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of West Lincoln Natural Gas District
West Lincoln Natural Gas District, as a community-driven organization, is established with a mission to provide natural gas as an alternative fuel source to its members, primarily residential and small businesses. This initiative aims to alleviate the financial burden of higher fuel costs from other sources. Being a member-funded organization, West Lincoln Natural Gas District derives its revenue entirely from its members, a requirement it has consistently met since its inception and continues to do so today. The District's mission is not just about supplying natural gas; it's about fostering a community where this alternative fuel source enhances daily activities, making life more affordable and sustainable for its members.
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Impact
October, 2024
West Lincoln Natural Gas District plays a crucial role in the community by providing an essential utility service to its members in Brookhaven, MS. By supplying natural gas as an alternative fuel source, WLNG helps lower energy costs for residential and small business members, fostering economic stability and growth.
The organization operates solely on revenue generated from member usage, ensuring that funds are reinvested back into the community, rather than relying on external grants or subsidies. This sustainable approach promotes community development and encourages energy efficiency among its 303 members in 2022. The availability of natural gas contributes to a reliable and affordable energy supply, which is vital for day-to-day activities and enhances the overall quality of life in the area.
By meeting the energy needs of its members while minimizing costs, West Lincoln Natural Gas District has established itself as an integral part of the local infrastructure, supporting both residential living and small business operations.
This information is meant to be a general summary of West Lincoln Natural Gas District. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $230,295
Assets and Liabilities:
- Total Assets: $402,012
- Total Liabilities: $125,896
- Net Assets: $276,116
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Organization Details
Founding Year
1986
Phone
(601) 833-8355Principal Officer
D Steven Smith
Main Address
P O Box 3117, Brookhaven, MS, 39603
NTEE Category
Code: W80 - Public benefit
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