Eula Water Supply Corporation

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

EIN: 751462384 ✦ Clyde, TX ✦ Designated as a 501(c)(12)

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Overview

What is Eula Water Supply Corporation?

Eula Water Supply Corporation is a nonprofit organization situated in Clyde, Texas. Its primary mission is to ensure a reliable water supply for the rural community within the area. This organization is committed to meeting the hydration needs of its residents, serving as a vital resource for the local community. Although the information provided is limited, it is clear that the Eula Water Supply Corporation plays a crucial role in providing essential water services to the rural population of Clyde, Texas.

Is Eula Water Supply Corporation legitimate?

Eula Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Eula 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: $81,539
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,799

For more financial information, click here

What is the mission statement of Eula Water Supply Corporation?

The Eula Water Supply Corporation is committed to providing water supply services to the rural population in its vicinity. Its mission is centered around ensuring that this essential resource is accessible to residents in the area of Clyde, Texas. The corporation's activities primarily revolve around this mission, aiming to meet the water needs of rural communities. While the information provided is limited, it suggests that the corporation plays a crucial role in ensuring a reliable water supply for rural residents in its operational area.

Who is the CEO of Eula Water Supply Corporation?

Joe Compton is the Principal Officer of Eula Water Supply Corporation.

What is the revenue of Eula Water Supply Corporation?

Eula Water Supply Corporation's revenue in 2022 was $852,153.

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

The average compensation at Eula Water Supply Corporation during 2022 was $23,468. There are 5 employees at Eula Water Supply Corporation.


Here are 6 key members and their salaries:


Richard Cowley (Manager)
  • Compensation: $81,539
  • Related: $0
  • Other: $0
Thomas Rock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Farmer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Riley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Jackson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Holt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Eula Water Supply Corporation?

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

Mission Statement of Eula Water Supply Corporation

Eula Water Supply Corporation is committed to providing the essential water supply to the rural community residing in Clyde, Texas. The organization's primary mission is focused on ensuring that every resident in this area has access to clean and reliable water resources. By serving as the main water supplier, Eula Water Supply Corporation plays a crucial role in supporting the overall livelihood and well-being of the community.

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Impact




October, 2024

Eula Water Supply Corporation plays a vital role in providing reliable water supply to rural residents in Clyde, Texas. By ensuring access to clean and safe water, the organization significantly enhances the quality of life for the community, supporting both daily needs and public health. This service helps foster a sustainable environment, encourages population growth, and enables economic development in the region. Furthermore, Eula Water Supply Corporation's commitment to public benefit reflects its dedication to the community, ultimately contributing to the overall well-being and resilience of rural Clyde.




This information is meant to be a general summary of Eula 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
$852,153 (2022)
Expenses
$550,694 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,609
  • Gross Receipts: $1,540,858

Assets and Liabilities:

  • Total Assets: $3,352,501
  • Total Liabilities: $74,157
  • Net Assets: $3,278,344

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Organization Details

Founding Year

1972

Principal Officer

Joe Compton

Main Address

5744 FM 603, Clyde, TX, 79510

NTEE Category

Code: W80 - Public benefit

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