Shady Grove No 2 Water Supply Corp

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

EIN: 751252292 ✦ Sulphur springs, TX ✦ Designated as a 501(c)(12)

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Overview

What is Shady Grove No 2 Water Supply Corp?

Shady Grove No 2 Water Supply Corp is a nonprofit organization, dedicated to supplying its members with clean and high-quality water. As a water utility, their primary mission revolves around ensuring the provision of satisfactory water resources, aiming to enhance the overall well-being of their community. The organization's activities and mission are centered around this objective, maintaining a strong commitment to delivering top-notch water services.

Is Shady Grove No 2 Water Supply Corp legitimate?

Shady Grove No 2 Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Shady Grove No 2 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: $30,000

For more financial information, click here

What is the mission statement of Shady Grove No 2 Water Supply Corp?

Shady Grove No 2 Water Supply Corp is dedicated to providing its members with clean and high-quality water. This mission is carried out through the operation of a water utility, ensuring that the water supplied meets the necessary standards for consumption. The corporation's primary objective is to cater to the water needs of its members, ensuring a reliable and safe water supply at all times. The corporation's activities primarily focus on maintaining and improving the water infrastructure to ensure the continuous provision of clean and safe water. Additionally, the corporation may engage in education and awareness campaigns to promote the importance of clean water and proper water usage among its members.

Who is the CEO of Shady Grove No 2 Water Supply Corp?

Morgan Anderson is the President of Shady Grove No 2 Water Supply Corp.

What is the revenue of Shady Grove No 2 Water Supply Corp?

Shady Grove No 2 Water Supply Corp's revenue in 2022 was $139,797.

Who are the executives of Shady Grove No 2 Water Supply Corp and what are their salaries?

The average compensation at Shady Grove No 2 Water Supply Corp during 2022 was $15,000. There are 2 employees and 10 volunteers at Shady Grove No 2 Water Supply Corp.


Here are 6 key members and their salaries:


Morgan Anderson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Martin (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslee Rawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Mathes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mohl (Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Shady Grove No 2 Water Supply Corp?

Shady Grove No 2 Water Supply Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Shady Grove No 2 Water Supply Corp

Shady Grove No 2 Water Supply Corp is dedicated to providing its members with clean and high-quality water. This water utility organization has a clear mission to ensure that the water it supplies meets the highest standards of purity. It strives to deliver this essential resource in a reliable and consistent manner, thereby fulfilling the basic need of its members. The corporation's mission is to serve its community by providing them with a vital resource, water, which is essential for everyday life.

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Impact




October, 2024

Shady Grove No 2 Water Supply Corp significantly impacts its community by ensuring access to clean and quality water for its members in Sulphur Springs, Texas. By fulfilling its mission to provide reliable water utility services, it supports public health and enhances the quality of life in the area. The organization plays a crucial role in maintaining the infrastructure necessary for safe drinking water, thereby promoting sustainable living and community resilience. Through its consistent and dedicated service, Shady Grove No 2 Water Supply Corp contributes to the overall well-being of the community, making it a vital resource for residents.




This information is meant to be a general summary of Shady Grove No 2 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
$139,797 (2022)
Expenses
$132,644 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,309
  • Gross Receipts: $250,628

Assets and Liabilities:

  • Total Assets: $201,231
  • Total Liabilities: $1,514
  • Net Assets: $199,717

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Organization Details

Founding Year

1966

Principal Officer

Morgan Anderson

Main Address

PO BOX 264, SULPHUR SPRINGS, TX, 75483

NTEE Category

Code: W80 - Public benefit

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