Knippa Water Supply Corporation

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

EIN: 746053379 ✦ Knippa, TX ✦ Designated as a 501(c)(12)

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Overview

What is Knippa Water Supply Corporation?

Knippa Water Supply Corporation is a small-scale nonprofit organization situated in Knippa, Texas. Their primary mission is to ensure the safety, reliability, and affordability of drinking water for the local residents. Established with a dedicated workforce of one individual, the corporation's mission involves providing a dependable and cost-effective water supply, ultimately contributing to the well-being of the community.

Is Knippa Water Supply Corporation legitimate?

Knippa Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Knippa 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: $48,174

For more financial information, click here

What is the mission statement of Knippa Water Supply Corporation?

The Knippa Water Supply Corporation is dedicated to providing a secure, dependable, and reasonably priced source of drinking water to its community members. Their mission encompasses ensuring the safety and reliability of the water supply, while also keeping the costs affordable for the residents. This essential service aims to enhance the well-being and health of the community by delivering clean and safe water. The corporation's activities are centered around maintaining and improving the water infrastructure, ensuring regular water testing, and addressing any issues promptly to uphold the high standard of water quality.

Who is the CEO of Knippa Water Supply Corporation?

Mike Brice is the President of Knippa Water Supply Corporation.

What is the revenue of Knippa Water Supply Corporation?

Knippa Water Supply Corporation's revenue in 2023 was $224,920.

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

The average compensation at Knippa Water Supply Corporation during 2023 was $48,174. There is 1 employee at Knippa Water Supply Corporation.


Here are 4 key members and their salaries:


Mike Brice (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel Troxclair (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Sanderlin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcclure (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Knippa Water Supply Corporation?

Knippa Water Supply Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Knippa Water Supply Corporation

Knippa Water Supply Corporation, as a dedicated organization, is committed to providing a reliable, safe, and economical source of drinking water to the residents of Knippa, Texas. Their mission is centered around ensuring the community has access to clean and affordable water, thereby enhancing the overall well-being of its inhabitants. By providing a safe and reliable water supply, Knippa Water Supply Corporation aims to contribute positively to the health and quality of life of the people in Knippa. Their mission is a testament to their dedication to meeting the basic needs of their community, ensuring a sustainable and healthy living environment for all.

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Impact




October, 2024

Knippa Water Supply Corporation plays a vital role in the community by ensuring that residents of Knippa, Texas, have access to a safe, reliable, and economical source of drinking water. This commitment to providing clean water directly impacts public health and quality of life, supporting both individual households and the broader community. By maintaining and improving water infrastructure, the corporation fosters sustainability and encourages growth, making Knippa an attractive place for residents and potential newcomers alike. The reliable water supply also supports local businesses and agricultural activities, contributing to the overall economic stability of the region. In essence, the work of Knippa Water Supply Corporation enhances the well-being and prosperity of the entire community.




This information is meant to be a general summary of Knippa 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
$224,920 (2023)
Expenses
$182,628 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,357
  • Program Service Revenue: $223,563
  • Gross Receipts: $224,920

Assets and Liabilities:

  • Total Assets: $952,837
  • Total Liabilities: $6,310
  • Net Assets: $946,527

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Programs

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

WATER SALES

Revenue

$223,563

Organization Details

Founding Year

1962

Principal Officer

Mike Brice

Main Address

P O BOX 237, KNIPPA, TX, 78870

NTEE Category

Code: W80 - Public benefit

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