Carroll Water Supply Corporation

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

EIN: 751379545 ✦ Van, TX ✦ Designated as a 501(c)(12)

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Overview

What is Carroll Water Supply Corporation?

Carroll Water Supply Corporation is a community-focused organization, situated in an unspecified location. Its primary mission is to supply clean water to its members. To ensure efficient operations, they engage accountants to manage monthly financial records, oversee utilities and external services, and employ professionals for repairs, maintenance, and improvements to the water system infrastructure. Their dedication to providing reliable water service to their community is evident in their commitment to maintaining and enhancing their water system's operations.

Is Carroll Water Supply Corporation legitimate?

Carroll Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Carroll 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: $0

For more financial information, click here

What is the mission statement of Carroll Water Supply Corporation?

Carroll Water Supply Corporation is dedicated to providing reliable community water service to its members. To ensure efficient operations, they hire professionals for financial record maintenance, manage utilities and external services, and oversee repairs, maintenance, and improvements in the water system's operations. In essence, their mission is centered around delivering clean and consistent water supply to their member community.

Who is the CEO of Carroll Water Supply Corporation?

Darrell Alverson is the System Operations of Carroll Water Supply Corporation.

What is the revenue of Carroll Water Supply Corporation?

Carroll Water Supply Corporation's revenue in 2022 was $465,078.

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

There are 2 employees and 5 volunteers at Carroll Water Supply Corporation.


Here are 5 key members and their salaries:


Darrell Alverson (System Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Pugh (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Roberts (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Mccawley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Thomas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Carroll Water Supply Corporation?

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

Mission Statement of Carroll Water Supply Corporation

Carroll Water Supply Corporation, as a community-focused entity, is dedicated to providing reliable water service to its members. Its primary mission involves maintaining financial records, managing utilities, and overseeing external services. Beyond these operational duties, the corporation also invests in professional expertise to repair, maintain, and enhance the efficiency of its water system operations. In essence, Carroll Water Supply Corporation is committed to ensuring a constant supply of clean water for its members, while also ensuring the financial stability and operational efficiency of its water system.

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Impact




October, 2024

Carroll Water Supply Corporation plays a crucial role in delivering reliable community water services to its members. By managing utilities and overseeing outside services, it ensures that residents in Van, TX, have consistent access to essential water resources. The organization employs professionals to repair and enhance the water system's operations, which contributes to the overall infrastructure and quality of life in the community. Additionally, its investment in professional accounting services helps maintain accurate and transparent financial records, fostering trust and accountability within the service it provides. Overall, Carroll Water Supply Corporation supports public welfare by prioritizing essential services and infrastructure improvements for its members.




This information is meant to be a general summary of Carroll 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
$465,078 (2022)
Expenses
$386,137 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,040
  • Program Service Revenue: $459,038
  • Gross Receipts: $465,078

Assets and Liabilities:

  • Total Assets: $2,011,927
  • Total Liabilities: $607,622
  • Net Assets: $1,404,305

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Programs

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

WATER SALES

Revenue

$425,637

METER SET FEES

Revenue

$21,000

RE-CONNECT FEES

Revenue

$1,135

LATE CHARGES

Revenue

$7,391

TRANSFER FEES

Revenue

$1,170

Organization Details

Founding Year

1965

Principal Officer

Darrell Alverson

Main Address

PO BOX 428, VAN, TX, 75790

NTEE Category

Code: W80 - Public benefit

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