Paint Creek Water Supply Corporation

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

EIN: 751467738 ✦ Stamford, TX ✦ Designated as a 501(c)(12)

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Overview

What is Paint Creek Water Supply Corporation?

Paint Creek Water Supply Corporation, a nonprofit entity, is primarily dedicated to serving its rural community by ensuring a reliable water supply. Through its public utilities program, the corporation provides this essential resource to its customers, thereby enhancing their quality of life. The corporation's mission is clear and focused, revolving around the provision of a dependable water supply in rural areas.

Is Paint Creek Water Supply Corporation legitimate?

Paint Creek Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Paint Creek 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: $72,455

For more financial information, click here

What is the mission statement of Paint Creek Water Supply Corporation?

The Paint Creek Water Supply Corporation serves a mission to provide a rural water supply to its clientele. This is accomplished through the operation of its public utilities program. The corporation strives to ensure a consistent and reliable water supply for its rural customers, thereby meeting their essential needs. The corporation's efforts contribute to improving the quality of life in these rural communities, making it easier for residents to maintain their homes and daily routines. The corporation's mission is centered around delivering clean, potable water to those living in rural areas, thereby enhancing their overall well-being.

Who is the CEO of Paint Creek Water Supply Corporation?

Kendall Medford is the President of Paint Creek Water Supply Corporation.

What is the revenue of Paint Creek Water Supply Corporation?

Paint Creek Water Supply Corporation's revenue in 2022 was $357,934.

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

The average compensation at Paint Creek Water Supply Corporation during 2022 was $36,228. There are 2 employees and 5 volunteers at Paint Creek Water Supply Corporation.


Here are 6 key members and their salaries:


Michael Sanders (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Medford (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathon Lefevre (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ky Kuenstler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendall Medford (General Manager)
  • Compensation: $43,408
  • Related: $0
  • Other: $0
Where can I find the form 990 for Paint Creek Water Supply Corporation?

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

Mission Statement of Paint Creek Water Supply Corporation

Paint Creek Water Supply Corporation, a vital entity, is dedicated to providing a reliable rural water supply to its customers. This mission is accomplished through their public utilities program, which ensures an uninterrupted supply of clean water to the communities they serve. By delivering this essential resource, the corporation contributes significantly to the well-being and comfort of its customers, enabling them to maintain healthy lifestyles and carry out daily activities effectively.

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Impact




October, 2024

Paint Creek Water Supply Corporation plays a crucial role in ensuring access to clean and reliable water for rural communities in Stamford, Texas. By providing a rural water supply through its public utilities program, the organization addresses essential public health needs, supports local agriculture, and enhances the quality of life for residents. Its operations not only promote sustainable water management but also foster economic development by ensuring that local businesses and households have the necessary resources to thrive. The commitment of Paint Creek Water Supply Corporation to serving its community exemplifies the importance of infrastructure in rural areas, ultimately helping to improve overall community resilience and well-being.




This information is meant to be a general summary of Paint Creek 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
$357,934 (2022)
Expenses
$331,425 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,369
  • Program Service Revenue: $336,051
  • Gross Receipts: $357,934

Assets and Liabilities:

  • Total Assets: $1,241,344
  • Total Liabilities: $0
  • Net Assets: $1,241,344

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Programs

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

WATER SALES

Revenue

$336,051

Organization Details

Founding Year

1972

Principal Officer

Kendall Medford

Main Address

PO BOX 829, STAMFORD, TX, 79553

NTEE Category

Code: W80 - Public benefit

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