Red River County Water Supply Corporatio

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

EIN: 751293427 ✦ Clarksville, TX ✦ Designated as a 501(c)(12)

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Overview

What is Red River County Water Supply Corporatio?

The Red River County Water Supply Corporation, situated in Clarksville, Texas, is a nonprofit organization primarily focused on providing its members with access to safe drinking water at a reasonable price. Operating from 1404 E Main Street, the corporation comprises a team of eight dedicated individuals who ensure the delivery of this essential service. The organization's mission extends beyond just water supply, as it is committed to maintaining a high standard of safety and affordability in its operations.

Is Red River County Water Supply Corporatio legitimate?

Red River County Water Supply Corporatio is a legitimate nonprofit organization registered as a 501(c)(12) entity. Red River County Water Supply Corporatio 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: $499,882

For more financial information, click here

What is the mission statement of Red River County Water Supply Corporatio?

The Red River County Water Supply Corporation's mission is centered around providing its members with safe drinking water at a reasonable cost. This mission is reflected in their primary activity and is further supported by ensuring that all expenses related to this service are justified. The corporation's main objective is to ensure the well-being of its members by delivering clean and affordable water, thereby contributing to their overall health and quality of life.

Who is the CEO of Red River County Water Supply Corporatio?

John Ragsdill is the President of Red River County Water Supply Corporatio.

What is the revenue of Red River County Water Supply Corporatio?

Red River County Water Supply Corporatio's revenue in 2022 was $1,672,344.

Who are the executives of Red River County Water Supply Corporatio and what are their salaries?

The average compensation at Red River County Water Supply Corporatio during 2022 was $62,485. There are 8 employees at Red River County Water Supply Corporatio.


Here are 8 key members and their salaries:


John Ragsdill (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Mitchell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cortney Huddleston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecil Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanny Emery (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Welch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Red River County Water Supply Corporatio?

Red River County Water Supply Corporatio's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Red River County Water Supply Corporatio

Red River County Water Supply Corporation, in its mission, aims to ensure that its members have access to safe drinking water at a reasonable cost. The organization's primary activity is centered around providing this essential service, with all associated expenses directly attributable to this objective. By offering safe drinking water, Red River County Water Supply Corporation contributes to the well-being and health of its members, making a significant impact in their daily lives.

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Impact




October, 2024

Red River County Water Supply Corporation plays a crucial role in ensuring access to safe drinking water for its members in Clarksville, Texas. By focusing on the sale of water, the organization delivers a reliable supply that meets the community's needs while maintaining affordability. This commitment to providing water at a reasonable cost directly supports public health, enhances the quality of life, and fosters community well-being. The corporation's operations are centered around providing this essential service, with all expenses tied to the mission of delivering safe drinking water to its members.




This information is meant to be a general summary of Red River County Water Supply Corporatio. 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
$1,672,344 (2022)
Expenses
$1,370,973 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,260
  • Program Service Revenue: $1,667,084
  • Gross Receipts: $1,672,344

Assets and Liabilities:

  • Total Assets: $6,150,243
  • Total Liabilities: $1,566,397
  • Net Assets: $4,583,846

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Programs

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

GRANT INCOME

Revenue

$40,000

MISCELLANEOUS

Revenue

$1,826

SERVICE FEES

Revenue

$155,334

WATER SALES

Revenue

$1,469,924

Organization Details

Founding Year

1966

Principal Officer

John Ragsdill

Main Address

1404 E MAIN STREET, CLARKSVILLE, TX, 75426

NTEE Category

Code: W80 - Public benefit

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