Olden Water Supply Corporation

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

EIN: 751338430 ✦ Olden, TX ✦ Designated as a 501(c)(12)

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Overview

What is Olden Water Supply Corporation?

Olden Water Supply Corporation is a nonprofit organization serving the rural community of Olden, Texas. Its primary role is to distribute treated drinking water to around 250 residents who lack this essential resource otherwise. The corporation is committed to rural water distribution, working tirelessly to ensure its mission is accomplished. With a focus on this specific community, Olden Water Supply Corporation plays a vital role in enhancing the quality of life for its residents.

Is Olden Water Supply Corporation legitimate?

Olden Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Olden 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: $67,528

For more financial information, click here

What is the mission statement of Olden Water Supply Corporation?

The Olden Water Supply Corporation's mission is centered around providing treated drinking water to around 250 customers in a rural area, specifically Olden, Texas. This community lacks such resources otherwise. The corporation's primary focus is on rural water distribution, working diligently to ensure these residents have access to clean drinking water. This mission is a significant contribution to the community, enhancing their daily lives and overall well-being. The corporation's efforts are instrumental in addressing a basic necessity that many take for granted, demonstrating their dedication to the community's needs.

Who is the CEO of Olden Water Supply Corporation?

John Hullum is the Director of Olden Water Supply Corporation.

What is the revenue of Olden Water Supply Corporation?

Olden Water Supply Corporation's revenue in 2022 was $284,117.

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

The average compensation at Olden Water Supply Corporation during 2022 was $22,509. There are 3 employees at Olden Water Supply Corporation.


Here are 7 key members and their salaries:


Bill Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clif Craighead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hullum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Massey (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Minnie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Munn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burton Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Olden Water Supply Corporation?

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

Mission Statement of Olden Water Supply Corporation

Olden Water Supply Corporation, a nonprofit organization, is dedicated to providing treated drinking water to around 250 residents in a rural community, specifically Olden, Texas. The corporation's mission primarily revolves around rural water distribution, ensuring that those living in the area have access to clean water they would otherwise be without. By focusing on this crucial aspect, Olden Water Supply Corporation plays a significant role in improving the quality of life for its community members.

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Impact




October, 2024

Olden Water Supply Corporation plays a critical role in ensuring access to safe, treated drinking water for approximately 250 customers in and around the rural community of Olden, Texas. By providing essential water distribution services, the corporation addresses a significant need for communities that would otherwise lack reliable access to potable water. This infrastructure not only supports public health by reducing the risk of waterborne diseases but also enhances the overall quality of life for residents. The corporation's dedicated efforts to supply clean water contribute to the sustainability and well-being of Olden’s rural population, fostering a healthier and more resilient community.




This information is meant to be a general summary of Olden 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
$284,117 (2022)
Expenses
$280,699 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $284,117
  • Gross Receipts: $284,117

Assets and Liabilities:

  • Total Assets: $321,568
  • Total Liabilities: $17,998
  • Net Assets: $303,570

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Organization Details

Principal Officer

John Hullum

Main Address

PO BOX 61, OLDEN, TX, 76466

NTEE Category

Code: W80 - Public benefit

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