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Milligan Water Supply Corporation

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

EIN: 751234461 ✦ Mckinney, TX ✦ Designated as a 501(c)(12)

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Overview

What is Milligan Water Supply Corporation?

Milligan Water Supply Corporation, based in McKinney, Texas, is a nonprofit organization with a focus on providing water services to rural customers in East McKinney. With a team of six dedicated individuals, this corporation plays a significant role in ensuring adequate water supply in the mentioned area. While the description specifically mentions the sale of water, it's essential to note that the provision of water services goes beyond just sales and includes maintenance, monitoring, and ensuring the quality of water supplied. The corporation's location in East McKinney indicates its commitment to serving the needs of this specific community.


Official website here: www.milliganwater.com

Is Milligan Water Supply Corporation legitimate?

Milligan Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Milligan 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: $337,912

For more financial information, click here


Official website here: www.milliganwater.com

What is the mission statement of Milligan Water Supply Corporation?

The Milligan Water Supply Corporation's primary mission is centered around providing water services. Specifically, it focuses on selling water to rural communities located in East McKinney, Texas. This mission is carried out with the aim of ensuring a reliable water supply for these rural customers. The corporation's activities are driven by this mission, making water availability a key part of its operations. While the corporation does not engage in advocacy or research like some other organizations, its role in providing essential water services is crucial in improving the quality of life in the rural communities it serves.


Official website here: www.milliganwater.com

Who is the CEO of Milligan Water Supply Corporation?

Donna Petree is the President of Milligan Water Supply Corporation.


Official website here: www.milliganwater.com

What is the revenue of Milligan Water Supply Corporation?

Milligan Water Supply Corporation's revenue in 2022 was $4,045,048.


Official website here: www.milliganwater.com

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

The average compensation at Milligan Water Supply Corporation during 2022 was $56,319. There are 6 employees at Milligan Water Supply Corporation.


Here are 7 key members and their salaries:


Donna Petree (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Hinsley (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
June Petitt (Sec/Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Petitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Choate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Franze (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Pagano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.milliganwater.com

Where can I find the form 990 for Milligan Water Supply Corporation?

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


Official website here: www.milliganwater.com

Learn more at the official website: www.milliganwater.com

Mission Statement of Milligan Water Supply Corporation

Milligan Water Supply Corporation, in its mission, focuses on providing water to rural communities situated in East McKinney. Their primary objective is centered around the sale of water, catering to the needs of these rural customers. The corporation serves as a vital source of hydration for these communities, ensuring a consistent water supply. While the information provided does not delve into the specifics of their operations or the reasons behind their commitment to this cause, it is clear that Milligan Water Supply Corporation plays a critical role in supplying water to rural areas, thereby enhancing the quality of life in these communities.

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Impact




October, 2024

Milligan Water Supply Corporation plays a crucial role in providing reliable water services to rural customers in East McKinney, Texas. By ensuring access to clean and safe water, the organization directly contributes to the health and well-being of the community. Its dedicated efforts support sustainable development in the area, help to improve the quality of life for residents, and foster economic growth by enabling agricultural and residential activities.

The accessibility of water is fundamental for various daily needs, and Milligan Water Supply Corporation ensures that rural customers receive this essential resource, promoting public benefit and enhancing overall community resilience. Through its operations, the corporation not only addresses immediate water needs but also supports long-term sustainability for the region.




This information is meant to be a general summary of Milligan 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
$4,045,048 (2022)
Expenses
$1,235,947 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,124
  • Program Service Revenue: $1,264,552
  • Gross Receipts: $4,045,048

Assets and Liabilities:

  • Total Assets: $3,482,683
  • Total Liabilities: $67,809
  • Net Assets: $3,414,874

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Programs

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

WATER SALES

Revenue

$1,264,552

Organization Details

Founding Year

1965

Principal Officer

Donna Petree

Main Address

1400 S BRIDGEFARMER ROAD, MCKINNEY, TX, 75069

NTEE Category

Code: W80Z - Public benefit

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