Myrtle Springs Water Supply Company

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

EIN: 751232329 ✦ Canton, TX ✦ Designated as a 501(c)(12)

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Overview

What is Myrtle Springs Water Supply Company?

Myrtle Springs Water Supply Company is a nonprofit organization situated in Canton, Texas. Their primary focus is to serve the cooperative members residing in the rural area of Myrtle Springs. They provide clean, high-quality water to their community, ensuring a standard of excellence in customer service and environmental conservation. With a team of five dedicated employees, they are committed to maintaining a reliable water supply for their local residents.


Official website here: www.myrtlespringswater.org

Is Myrtle Springs Water Supply Company legitimate?

Myrtle Springs Water Supply Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Myrtle Springs Water Supply Company 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: $204,429

For more financial information, click here


Official website here: www.myrtlespringswater.org

What is the mission statement of Myrtle Springs Water Supply Company?

Myrtle Springs Water Supply Company's mission is centered around providing its community with safe and high-quality water services. The company is committed to maintaining a standard of excellence in customer service, ensuring customer satisfaction while simultaneously prioritizing environmental conservation. Their activities are geared towards serving the cooperative members of a rural area, making water accessibility a key focus.


Official website here: www.myrtlespringswater.org

Who is the CEO of Myrtle Springs Water Supply Company?

John Kimbrew is the President of Myrtle Springs Water Supply Company.


Official website here: www.myrtlespringswater.org

What is the revenue of Myrtle Springs Water Supply Company?

Myrtle Springs Water Supply Company's revenue in 2022 was $852,158.


Official website here: www.myrtlespringswater.org

Who are the executives of Myrtle Springs Water Supply Company and what are their salaries?

The average compensation at Myrtle Springs Water Supply Company during 2022 was $40,886. There are 5 employees at Myrtle Springs Water Supply Company.


Here are 6 key members and their salaries:


Connie Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Gorell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buster Leavell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Meyers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Frazier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kimbrew (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.myrtlespringswater.org

Where can I find the form 990 for Myrtle Springs Water Supply Company?

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


Official website here: www.myrtlespringswater.org

Learn more at the official website: www.myrtlespringswater.org

Mission Statement of Myrtle Springs Water Supply Company

Myrtle Springs Water Supply Company, in its mission, is dedicated to supplying clean, high-quality water to its cooperative members residing in rural areas. The organization strives to maintain a standard of excellence in customer service, ensuring that the needs of its community are met efficiently and effectively. Furthermore, Myrtle Springs Water Supply Company is committed to environmental conservation, demonstrating a responsibility towards preserving the environment while providing essential water services.

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Impact




October, 2024

Myrtle Springs Water Supply Company plays a crucial role in providing safe, high-quality water services to the rural community of Myrtle Springs, Texas. By ensuring a reliable water supply, the company supports the daily needs of its cooperative members, enhancing their quality of life. The focus on maintaining a standard of excellence in customer service reflects its commitment to the community, fostering trust and satisfaction among residents.

Additionally, the company's mission emphasizes environmental conservation, which contributes to sustainable practices in the region. This not only promotes public health but also protects local ecosystems. Overall, Myrtle Springs Water Supply Company's impact extends beyond merely supplying water; it cultivates a thriving community through its dedication to quality service and environmental stewardship.




This information is meant to be a general summary of Myrtle Springs Water Supply Company. 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
$852,158 (2022)
Expenses
$786,665 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $246
  • Program Service Revenue: $837,373
  • Gross Receipts: $852,158

Assets and Liabilities:

  • Total Assets: $2,383,867
  • Total Liabilities: $1,185,320
  • Net Assets: $1,198,547

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Programs

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

NEW METER INSTALLS

Revenue

$120,804

WATER SALES

Revenue

$716,569

Organization Details

Founding Year

1968

Principal Officer

John Kimbrew

Main Address

PO BOX 99, CANTON, TX, 75103

NTEE Category

Code: W80 - Public benefit

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