Walston Springs Water Supply Corp

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

EIN: 751188498 ✦ Palestine, TX ✦ Designated as a 501(c)(12)

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Overview

What is Walston Springs Water Supply Corp?

Walston Springs Water Supply Corp is a nonprofit organization situated in Palestine, Texas. Its primary mission is to cater to its members by offering reliable water service. The corporation manages and operates a rural water supply program, ensuring that its member-owners have consistent access to this essential resource. By maintaining this program, Walston Springs Water Supply Corp contributes to the well-being of its community.

Is Walston Springs Water Supply Corp legitimate?

Walston Springs Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Walston Springs 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: $0

For more financial information, click here

What is the mission statement of Walston Springs Water Supply Corp?

Walston Springs Water Supply Corp's mission is centered around providing water service to its members. In fulfilling this role, the corporation operates a rural water supply program, ensuring reliable and continuous access to water for its members. The corporation's activities are aimed at maintaining and managing this program effectively. It is committed to serving its members, acting as a reliable water service provider. The corporation's focus is on delivering essential water services, contributing to the well-being and comfort of its community.

Who is the CEO of Walston Springs Water Supply Corp?

Dan Glenn is the President of Walston Springs Water Supply Corp.

What is the revenue of Walston Springs Water Supply Corp?

Walston Springs Water Supply Corp's revenue in 2022 was $1,006,877.

Who are the executives of Walston Springs Water Supply Corp and what are their salaries?

There are 3 employees at Walston Springs Water Supply Corp.


Here are 6 key members and their salaries:


Dan Glenn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Henderson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Mccullough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Chaffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mettauer (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Walston Springs Water Supply Corp?

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

Mission Statement of Walston Springs Water Supply Corp

Walston Springs Water Supply Corp, as a mission-driven entity, is dedicated to providing water service to its members. Essentially, this corporation operates a rural water supply program, catering to its members who are also its owners. By managing this program, Walston Springs Water Supply Corp ensures a steady water supply for its community, thereby fulfilling its primary purpose. This mission is crucial in maintaining the well-being and daily life of the people it serves.

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Impact




October, 2024

Walston Springs Water Supply Corp plays a vital role in ensuring access to clean and reliable water for its members in Palestine, TX. By maintaining and operating a rural water supply program, the corporation directly impacts the community by providing essential water services that contribute to public health and well-being. Through its dedicated efforts, Walston Springs Water Supply Corp enhances the quality of life for its members, supporting agricultural activities, residential needs, and local businesses. Its commitment to serving the community fosters a sustainable environment, ensuring that residents have consistent access to one of life's most fundamental resources.




This information is meant to be a general summary of Walston Springs 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
$1,006,877 (2022)
Expenses
$687,636 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17,944
  • Program Service Revenue: $891,797
  • Gross Receipts: $1,006,877

Assets and Liabilities:

  • Total Assets: $3,941,731
  • Total Liabilities: $30,863
  • Net Assets: $3,910,868

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Programs

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

WATER SALES/CONNECT FEE

Revenue

$870,914

OTHER FEES

Revenue

$20,883

Organization Details

Founding Year

1964

Principal Officer

Dan Glenn

Main Address

1370 FM 2419, PALESTINE, TX, 758010800

NTEE Category

Code: W90 - Public benefit

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