Point Enterprise Water Supply Corp

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

EIN: 742482915 ✦ Mexia, TX ✦ Designated as a 501(c)(12)

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Overview

What is Point Enterprise Water Supply Corp?

Point Enterprise Water Supply Corp is a nonprofit organization situated in Mexia, Texas. Its primary mission is to ensure a reliable source of potable water for residents living in rural areas, specifically in Limestone and Freestone counties. With a dedicated team of three employees, this corporation is committed to delivering high-quality drinking water to the local community, contributing to their overall well-being and daily needs.

Is Point Enterprise Water Supply Corp legitimate?

Point Enterprise Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Point Enterprise Water Supply Corp 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: $136,543

For more financial information, click here

What is the mission statement of Point Enterprise Water Supply Corp?

Point Enterprise Water Supply Corp's mission is centered around providing a reliable source of high-quality drinking water to the residents in rural areas of Texas counties, specifically Limestone and Freestone. Their primary objective is to ensure the availability of potable water, enhancing the living conditions of these communities. The corporation focuses on meeting the water needs of these regions, contributing to the overall well-being and health of the local population.

Who is the CEO of Point Enterprise Water Supply Corp?

Ted Kantor is the Vice-Preside of Point Enterprise Water Supply Corp.

What is the revenue of Point Enterprise Water Supply Corp?

Point Enterprise Water Supply Corp's revenue in 2022 was $648,805.

Who are the executives of Point Enterprise Water Supply Corp and what are their salaries?

The average compensation at Point Enterprise Water Supply Corp during 2022 was $45,514. There are 3 employees at Point Enterprise Water Supply Corp.


Here are 9 key members and their salaries:


Herb Casey (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Dyson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Flatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Kantor (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Keys (Secretary-Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Lide (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Locke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Simmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lovie Whyte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Point Enterprise Water Supply Corp?

Point Enterprise Water Supply Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Point Enterprise Water Supply Corp

Point Enterprise Water Supply Corp, a nonprofit organization, is dedicated to providing a reliable source of high-quality drinking water to the residents of rural Texas counties, Limestone and Freestone. Their mission is to ensure that these communities have access to potable water, thereby improving their overall livelihoods. By supplying this essential resource, Point Enterprise Water Supply Corp aims to contribute positively to the well-being of the rural population in these counties.

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Impact




October, 2024

Point Enterprise Water Supply Corp plays a crucial role in enhancing the quality of life for residents in rural Texas, specifically in Limestone and Freestone counties. By ensuring a reliable supply of quality drinking water, the organization addresses a fundamental need that directly impacts health, sanitation, and overall community well-being. Access to potable water is vital for daily living, contributing to improved health outcomes and supporting local agricultural practices.

The provision of clean drinking water fosters a sense of security and stability among residents, allowing communities to thrive. In an area where such resources may be limited, Point Enterprise Water Supply Corp not only meets essential needs but also encourages sustainable development and helps to build resilient rural communities. Overall, their efforts significantly enhance public welfare and support a more promising future for the residents they serve.




This information is meant to be a general summary of Point Enterprise Water Supply Corp. 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
$648,805 (2022)
Expenses
$608,664 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,190
  • Program Service Revenue: $646,615
  • Gross Receipts: $648,805

Assets and Liabilities:

  • Total Assets: $3,284,549
  • Total Liabilities: $1,193,379
  • Net Assets: $2,091,170

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Programs

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

WATER SALES

Revenue

$646,615

Organization Details

Founding Year

1964

Principal Officer

Ted Kantor

Main Address

PO BOX 126, MEXIA, TX, 76667

NTEE Category

Code: W80 - Public benefit

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