Overview
What is Chatfield Water Supply Corporation?
Chatfield Water Supply Corporation is a nonprofit organization that focuses on providing essential water services to a rural area. With an unspecified number of employees, their primary mission is to ensure a reliable water supply for the community they serve. While the information provided is limited, it suggests that they are committed to delivering this essential service to the rural area they operate in.
Is Chatfield Water Supply Corporation legitimate?
Chatfield Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Chatfield 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: $361,701
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What is the mission statement of Chatfield Water Supply Corporation?
The Chatfield Water Supply Corporation is dedicated to providing water service to a rural area. Their mission is centered around ensuring reliable access to this essential resource for the community they serve. By doing so, they contribute significantly to the well-being and daily lives of the people living in this rural area. The corporation strives to maintain and improve its water supply systems, ensuring they meet the evolving needs and standards of the community. Additionally, they may be involved in educating the public about water conservation and responsible usage, promoting sustainable water practices.
Who is the CEO of Chatfield Water Supply Corporation?
Thomas Hill is the President of Chatfield Water Supply Corporation.
What is the revenue of Chatfield Water Supply Corporation?
Chatfield Water Supply Corporation's revenue in 2022 was $2,149,925.
Who are the executives of Chatfield Water Supply Corporation and what are their salaries?
The average compensation at Chatfield Water Supply Corporation during 2022 was $30,142. There are 12 employees at Chatfield Water Supply Corporation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Chatfield Water Supply Corporation?
Chatfield Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chatfield Water Supply Corporation
Chatfield Water Supply Corporation is committed to providing water service to a rural area. Their mission, at its core, is to ensure a reliable water supply for the communities they serve. This means they are responsible for the operation and maintenance of the water infrastructure, ensuring clean and safe water is readily available for daily use. By providing this essential service, Chatfield Water Supply Corporation plays a vital role in the well-being and daily lives of the people in the rural area they serve.
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Impact
October, 2024
Chatfield Water Supply Corporation plays a vital role in delivering essential water services to a rural area in Powell, Texas. By ensuring consistent access to clean water, the organization directly contributes to the health and well-being of the community it serves. This reliable water supply supports not only individual households but also local agriculture, businesses, and communal activities, fostering a stable environment where residents can thrive.
The corporation's efforts promote public benefit by enhancing the quality of life for residents, encouraging sustainable development, and supporting the economic framework of the region. By focusing on the specific needs of rural populations, Chatfield Water Supply Corporation effectively addresses water accessibility challenges that can lead to socio-economic disparities, ultimately strengthening community resilience and promoting long-term sustainability.
This information is meant to be a general summary of Chatfield 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $16,623
- Program Service Revenue: $2,125,385
- Gross Receipts: $2,149,925
Assets and Liabilities:
- Total Assets: $4,936,958
- Total Liabilities: $769,317
- Net Assets: $4,167,641
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES
Revenue
$1,773,739
CAPITAL RECOVERY FEES
Revenue
$199,218
INSTALLATIONS
Revenue
$49,988
OTHER INCOME
Revenue
$48,528
LATE CHARGES
Revenue
$44,450
Organization Details
Founding Year
1967
Phone
(903) 345-3463Principal Officer
Thomas Hill
Main Address
PO BOX 158, POWELL, TX, 75153
NTEE Category
Code: W80 - Public benefit
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