Lyons Water Supply Corporation

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

EIN: 746061709 ✦ Lyons, TX ✦ Designated as a 501(c)(12)

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Overview

What is Lyons Water Supply Corporation?

Lyons Water Supply Corporation is a nonprofit organization situated in the rural town of Lyons, Texas. Their primary objective is to ensure a dependable water supply for around 200 residents in the vicinity. The corporation operates with a commitment to maintaining this reliable water source, demonstrating its dedication to the community it serves.

Is Lyons Water Supply Corporation legitimate?

Lyons Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lyons 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: $19,338
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,846

For more financial information, click here

What is the mission statement of Lyons Water Supply Corporation?

The Lyons Water Supply Corporation is committed to providing a dependable water source for around 200 users within and surrounding a rural community. Operating in its capacity, the corporation ensures the continuous availability of this water supply, serving as a vital resource for the community it serves. Its mission is centered around maintaining reliability and ensuring the community's water needs are met.

Who is the CEO of Lyons Water Supply Corporation?

Randy Rychlik is the Preseident of Lyons Water Supply Corporation.

What is the revenue of Lyons Water Supply Corporation?

Lyons Water Supply Corporation's revenue in 2022 was $172,440.

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

The average compensation at Lyons Water Supply Corporation during 2022 was $13,046. There are 4 employees at Lyons Water Supply Corporation.


Here are 7 key members and their salaries:


Randy Rychlik (Preseident)
  • Compensation: $19,338
  • Related: $0
  • Other: $0
Veronica Fick (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Boyde Bryant (Treasurer-Secre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Crook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annie Isom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freddie May (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lyons Water Supply Corporation?

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

Mission Statement of Lyons Water Supply Corporation

Lyons Water Supply Corporation is committed to providing a dependable water source for roughly 200 individuals residing in and around the rural community. This organization operates with a mission to ensure the reliability of this water supply, serving as an essential service within the town of Lyons, Texas. In essence, Lyons Water Supply Corporation strives to cater to the water needs of its community members, thereby ensuring their access to a vital resource.

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Impact




October, 2024

Lyons Water Supply Corporation plays a crucial role in the rural community of Lyons, Texas, by providing a dependable water source for approximately 200 users. This service is essential for the daily lives of residents, ensuring access to clean and safe water for drinking, cooking, and sanitation. The corporation's commitment to maintaining a reliable water supply fosters community well-being and supports the overall health of the area. By serving the needs of the local population, Lyons Water Supply Corporation enhances the quality of life in the region, contributing to both public health and community stability.




This information is meant to be a general summary of Lyons 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
$172,440 (2022)
Expenses
$184,577 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $80
  • Program Service Revenue: $154,193
  • Gross Receipts: $172,440

Assets and Liabilities:

  • Total Assets: $659,767
  • Total Liabilities: $0
  • Net Assets: $659,767

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Programs

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

CONNECTION FEES

Revenue

$5,595

REGULATORY ASSESSMENT

Revenue

$716

WATER SALES

Revenue

$147,882

Organization Details

Principal Officer

Randy Rychlik

Main Address

PO BOX 407, LYONS, TX, 77863

NTEE Category

Code: W80 - Public benefit

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