Overview
What is Payne Springs Water Supply Corporation?
Payne Springs Water Supply Corporation is a nonprofit entity situated in Mabank, Texas, specifically at 9690 State Highway 198 (ZIP 75156). Its primary mission is to ensure the provision of clean, potable water to the rural residents of the Payne Springs community. With a team of four dedicated individuals, this organization plays a crucial role in meeting the water needs of its local population, thereby enhancing their overall quality of life.
Is Payne Springs Water Supply Corporation legitimate?
Payne Springs Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Payne Springs 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: $107,141
For more financial information, click here
What is the mission statement of Payne Springs Water Supply Corporation?
The Payne Springs Water Supply Corporation's mission is centered around providing potable water to the rural residents of its community. In essence, the organization's primary objective is to ensure a reliable water supply for these residents, thereby contributing to their overall well-being. The corporation operates with the goal of meeting the water needs of its rural clientele, thereby enhancing their quality of life. It is dedicated to delivering clean and safe water, thereby fulfilling a vital need that is often lacking in rural areas. The organization's activities are geared towards addressing this crucial need, thereby positioning itself as a vital resource for its community.
Who is the CEO of Payne Springs Water Supply Corporation?
Carl Powell is the President of Payne Springs Water Supply Corporation.
What is the revenue of Payne Springs Water Supply Corporation?
Payne Springs Water Supply Corporation's revenue in 2022 was $435,116.
Who are the executives of Payne Springs Water Supply Corporation and what are their salaries?
The average compensation at Payne Springs Water Supply Corporation during 2022 was $26,785. There are 4 employees at Payne Springs Water Supply Corporation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Payne Springs Water Supply Corporation?
Payne Springs Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Payne Springs Water Supply Corporation
Payne Springs Water Supply Corporation, as its name suggests, is dedicated to providing potable water to the rural residents of its community. The organization's mission is to ensure that residents in this area have access to clean and safe drinking water, which is a fundamental necessity for human health and well-being. By supplying water to these rural residents, Payne Springs Water Supply Corporation plays a crucial role in enhancing the living standards and quality of life in this community. The organization's activities are centered around this mission, striving to meet the water needs of the rural residents in a reliable and sustainable manner.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Payne Springs Water Supply Corporation plays a crucial role in enhancing the quality of life for rural residents in the Payne Springs community by providing access to potable water. This essential service ensures that families and businesses have a reliable water supply, contributing to public health and safety. By delivering clean water to this rural area, the organization supports the community's growth and sustainability, addressing critical needs and fostering a healthier living environment for its residents. This reliable water service not only facilitates daily activities but also encourages economic development by meeting the infrastructure needs of the area.
This information is meant to be a general summary of Payne Springs 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: $55
- Program Service Revenue: $432,195
- Gross Receipts: $435,116
Assets and Liabilities:
- Total Assets: $1,743,591
- Total Liabilities: $951,355
- Net Assets: $792,236
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES
Revenue
$388,981
MEMBERSHP FEES
Revenue
$43,214
Organization Details
Founding Year
1970
Phone
(903) 451-5300Principal Officer
Carl Powell
Main Address
9690 STATE HIGHWAY 198, MABANK, TX, 75156
NTEE Category
Code: W80 - Public benefit
If you are a representative of Payne Springs Water Supply Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.