Five Way Water Supply Corporation

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

EIN: 751236054 ✦ Center, TX ✦ Designated as a 501(c)(12)

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Overview

What is Five Way Water Supply Corporation?

Five Way Water Supply Corporation is a nonprofit organization situated in Center, Texas, dedicated to serving a rural area of Shelby County. Their primary mission is to ensure the provision of clean and safe water to their expanding customer base within the county. The corporation's activities are centered around delivering this essential resource to its members, contributing to the welfare of the community they serve.

Is Five Way Water Supply Corporation legitimate?

Five Way Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Five Way 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: $0

For more financial information, click here

What is the mission statement of Five Way Water Supply Corporation?

The mission of Five Way Water Supply Corporation is centered around providing water services to a rural area. Their primary objective is to ensure a clean and safe water supply for their growing customer base. The corporation strives to deliver water efficiently, prioritizing the needs of its members in the community. While specific program details are not provided, it can be inferred that their activities revolve around maintaining and improving water services for the rural area they serve.

Who is the CEO of Five Way Water Supply Corporation?

Edgar Felder is the Secretary/Tr of Five Way Water Supply Corporation.

What is the revenue of Five Way Water Supply Corporation?

Five Way Water Supply Corporation's revenue in 2022 was $353,055.

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


Here are 6 key members and their salaries:


Brenda Applequist (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sammy Arnold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Felder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Stegall (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Walton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Five Way Water Supply Corporation?

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

Mission Statement of Five Way Water Supply Corporation

Five Way Water Supply Corporation is dedicated to serving a rural area in Shelby County by ensuring a clean and safe water supply for its expanding customer base. The organization's mission is to provide reliable water services, striving to meet the growing demand of its community members. Five Way Water Supply Corporation is committed to delivering high-quality water, ensuring the well-being and health of its customers.

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Impact




October, 2024

Five Way Water Supply Corporation plays a critical role in enhancing the quality of life in Shelby County by delivering clean and safe water to its rural communities. Serving a growing customer base, it ensures that residents have reliable access to this essential resource, which is vital for health, sanitation, and everyday living. The organization's focus on providing a consistent water supply not only meets the basic needs of the community but also supports local development and growth. By maintaining high standards of water quality, Five Way Water Supply Corporation fosters a healthier environment and promotes well-being among its members. Its commitment to service helps to unite the community, making it a vital asset in the region.




This information is meant to be a general summary of Five Way 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
$353,055 (2022)
Expenses
$236,631 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $693
  • Program Service Revenue: $352,362
  • Gross Receipts: $353,055

Assets and Liabilities:

  • Total Assets: $1,811,883
  • Total Liabilities: $66,802
  • Net Assets: $1,745,081

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Programs

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

WATER SALES

Revenue

$352,362

Organization Details

Principal Officer

Edgar Felder

Main Address

PO BOX 667, CENTER, TX, 75935

NTEE Category

Code: W80 - Public benefit

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