Overview
What is Community Water Supply Corporation?
Community Water Supply Corporation is a nonprofit organization situated in Azle, Texas. Their primary function involves selling water to their membership and ensuring the water supply for the cooperative corporation within the area. By providing this essential resource, they contribute to the well-being of their community members, ensuring they have access to clean and reliable water.
Is Community Water Supply Corporation legitimate?
Community Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Community 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: $265,985
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What is the mission statement of Community Water Supply Corporation?
The Community Water Supply Corporation's primary role is to provide water to its members. In essence, this corporation serves as a water seller, ensuring an adequate water supply for its cooperative in Azle, Texas. The organization's mission, in simpler terms, is centered around meeting the water needs of its members, thereby maintaining the water supply for the cooperative corporation.
Who is the CEO of Community Water Supply Corporation?
Larry Vantrease is the Director of Community Water Supply Corporation.
What is the revenue of Community Water Supply Corporation?
Community Water Supply Corporation's revenue in 2022 was $1,083,733.
Who are the executives of Community Water Supply Corporation and what are their salaries?
The average compensation at Community Water Supply Corporation during 2022 was $37,998. There are 7 employees at Community Water Supply Corporation.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Community Water Supply Corporation?
Community Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Water Supply Corporation
Community Water Supply Corporation, as its name suggests, is primarily dedicated to providing water services. Its mission is to sell water to its members and ensure an adequate water supply for the cooperative corporation. In essence, this nonprofit organization plays a crucial role in meeting the water needs of its members, ensuring a reliable source of this essential resource. By selling water, Community Water Supply Corporation contributes to the well-being of its community, ensuring that its members have access to clean and safe water. The corporation's activities are focused on maintaining and enhancing the water supply, thereby contributing to the overall quality of life in the community it serves.
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Impact
October, 2024
Community Water Supply Corporation plays a crucial role in ensuring access to clean and reliable water for its members in Azle, TX. By selling water to the community, it helps meet the essential needs of residents and supports local development. The corporation not only provides a vital resource for everyday living but also contributes to the public benefit by maintaining a sustainable and efficient water supply system. This support fosters community well-being and enhances the quality of life for its members, highlighting the importance of cooperative efforts in managing local resources effectively.
This information is meant to be a general summary of Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $771
- Program Service Revenue: $1,082,962
- Gross Receipts: $1,083,733
Assets and Liabilities:
- Total Assets: $3,855,992
- Total Liabilities: $870,267
- Net Assets: $2,985,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES
Revenue
$1,011,147
OTHER
Revenue
$32,402
TRANSFER FEES
Revenue
$25,568
SERVICE CHARGES
Revenue
$13,845
Organization Details
Founding Year
1965
Phone
(817) 444-2112Principal Officer
Larry Vantrease
Main Address
12190 LIBERTY SCHOOL ROAD, AZLE, TX, 76020
NTEE Category
Code: W80 - Public benefit
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