Alto Rural Water Supply Corporation

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

EIN: 751402434 ✦ Alto, TX ✦ Designated as a 501(c)(12)

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Overview

What is Alto Rural Water Supply Corporation?

Alto Rural Water Supply Corporation serves as a public utilities organization, dedicated to providing essential water resources to its approximately 1,200 members. Operating as a nonprofit entity, its mission is centered around delivering clean and reliable water to its community members through an organized water system program. The corporation functions as a vital life-sustaining service, ensuring the well-being and hydration needs of its customer base.

Is Alto Rural Water Supply Corporation legitimate?

Alto Rural Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Alto Rural 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: $182,593

For more financial information, click here

What is the mission statement of Alto Rural Water Supply Corporation?

Alto Rural Water Supply Corporation serves as a public utilities organization, dedicated to its roughly 1,200 members. Its mission is centered around delivering clean water, ensuring that each member has access to this essential resource. The corporation operates its water system program with the primary goal of fulfilling this mission.

Who is the CEO of Alto Rural Water Supply Corporation?

Terry Black is the President of Alto Rural Water Supply Corporation.

What is the revenue of Alto Rural Water Supply Corporation?

Alto Rural Water Supply Corporation's revenue in 2022 was $1,058,428.

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

The average compensation at Alto Rural Water Supply Corporation during 2022 was $30,432. There are 6 employees at Alto Rural Water Supply Corporation.


Here are 7 key members and their salaries:


Terry Black (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Pearman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecil Verdell (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnie Hendrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Todd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harvey Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Bice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alto Rural Water Supply Corporation?

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

Mission Statement of Alto Rural Water Supply Corporation

Alto Rural Water Supply Corporation, as a public utilities organization, is committed to serving its approximately 1,200 members by providing them with essential water resources. With a mission at its core, this corporation strives to deliver water efficiently and effectively, acting as a vital lifeline for its community members. By operating a water system program, Alto Rural Water Supply Corporation ensures that its members have reliable access to this essential resource, thereby contributing to their overall well-being.

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Impact




October, 2024

Alto Rural Water Supply Corporation plays a crucial role in ensuring that approximately 1,200 members in Alto, Texas, have access to reliable drinking water. Through its comprehensive water system program, the organization operates as a public utilities provider, focusing on the delivery of safe and consistent water services.

By meeting the essential water needs of the community, Alto Rural Water Supply Corporation significantly contributes to public health and well-being. Access to clean water is foundational for daily living, impacting everything from sanitation and hygiene to agriculture and local business operations. The corporation’s efforts help sustain the community's quality of life, support local development, and promote environmental stewardship. Overall, its impact extends beyond mere utility provision; it fosters a healthier, more resilient community in the region.




This information is meant to be a general summary of Alto Rural 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
$1,058,428 (2022)
Expenses
$900,247 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,512
  • Program Service Revenue: $1,051,916
  • Gross Receipts: $1,058,428

Assets and Liabilities:

  • Total Assets: $2,665,726
  • Total Liabilities: $1,914,236
  • Net Assets: $751,490

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Programs

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

Other water related fees

Revenue

$40,365

Water Sales

Revenue

$1,011,551

Organization Details

Founding Year

1972

Principal Officer

Terry Black

Main Address

PO Box 616, Alto, TX, 75925

NTEE Category

Code: W80 - Public benefit

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