Friberg-Cooper Water Supply Corporation

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

EIN: 751330079 ✦ Wichita falls, TX ✦ Designated as a 501(c)(12)

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Overview

What is Friberg-Cooper Water Supply Corporation?

Friberg-Cooper Water Supply Corporation serves as a vital public utilities organization, functioning as a rural water cooperative. Its primary mission is to ensure the availability of clean drinking water to around 300 households in the area. As a rural water cooperative, the corporation operates with a community-focused approach, providing essential potable water services to its members.

Is Friberg-Cooper Water Supply Corporation legitimate?

Friberg-Cooper Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Friberg-Cooper 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: $77,826

For more financial information, click here

What is the mission statement of Friberg-Cooper Water Supply Corporation?

Friberg-Cooper Water Supply Corporation serves as a rural water cooperative, providing potable water to around 300 households. Acting as a public utilities organization, its mission is primarily focused on delivering clean water to its community. While the information does not specify any additional objectives or goals, it can be inferred that the corporation aims to ensure a consistent and reliable water supply for its members. The corporation's activities revolve around maintaining and improving the water infrastructure to ensure the delivery of safe and clean water.

Who is the CEO of Friberg-Cooper Water Supply Corporation?

Jay Lawson is the President of Friberg-Cooper Water Supply Corporation.

What is the revenue of Friberg-Cooper Water Supply Corporation?

Friberg-Cooper Water Supply Corporation's revenue in 2022 was $307,888.

Who are the executives of Friberg-Cooper Water Supply Corporation and what are their salaries?

The average compensation at Friberg-Cooper Water Supply Corporation during 2022 was $38,913. There are 2 employees at Friberg-Cooper Water Supply Corporation.


Here are 7 key members and their salaries:


Jay Lawson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doris Clifton (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Rodgers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwen Griggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Farabee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Mccluskey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olen Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friberg-Cooper Water Supply Corporation?

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

Mission Statement of Friberg-Cooper Water Supply Corporation

Friberg-Cooper Water Supply Corporation serves as a vital rural water cooperative, committed to supplying potable water to around 300 households. Acting as a public utilities organization, this cooperative plays a crucial role in ensuring the provision of clean water, an essential necessity for daily life. By operating as a cooperative, the organization fosters a sense of community among its members, ensuring that everyone has access to this basic necessity. The mission of Friberg-Cooper Water Supply Corporation can be seen in its daily operations, which prioritize the delivery of safe, reliable, and potable water to its clientele, thereby contributing to the overall well-being of the households it serves.

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Impact




October, 2024

Friberg-Cooper Water Supply Corporation plays a vital role in enhancing the quality of life for approximately 300 households in Wichita Falls, TX, by providing reliable access to potable water. As a rural water cooperative, it ensures that residents have a constant supply of clean water, which is essential for both health and hygiene. This service not only meets the basic needs of the community but also supports local development and sustainability. By functioning as a public utilities organization, Friberg-Cooper Water Supply Corporation contributes to the overall public benefit, fostering a healthier and more connected community.




This information is meant to be a general summary of Friberg-Cooper 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
$307,888 (2022)
Expenses
$409,616 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $375
  • Program Service Revenue: $303,913
  • Gross Receipts: $307,888

Assets and Liabilities:

  • Total Assets: $835,749
  • Total Liabilities: $3,694
  • Net Assets: $832,055

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Programs

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

WATER SALES & OTHER

Revenue

$303,913

Organization Details

Founding Year

1970

Principal Officer

Jay Lawson

Main Address

174 BAILEY ROAD, WICHITA FALLS, TX, 76306

NTEE Category

Code: W80 - Public benefit

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