Overview
What is Morton Valley Water Supply Corp?
Morton Valley Water Supply Corp is a vital entity serving around 250 rural residents in and around Morton Valley, Texas. Situated in Eastland, TX, the corporation's primary mission is to ensure the distribution of drinking water in these rural areas, making it the sole water provider for its customers. The company is dedicated to fulfilling this essential need and is committed to its rural water distribution mission.
Is Morton Valley Water Supply Corp legitimate?
Morton Valley Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Morton Valley Water Supply Corp 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: $79,629
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What is the mission statement of Morton Valley Water Supply Corp?
Morton Valley Water Supply Corp, serving approximately 250 rural customers in Texas, is dedicated to its mission of providing water distribution. This corporation serves as the sole source of drinking water for its community, ensuring the essential water supply. Its mission is focused on catering to rural areas, underscoring its commitment to serving these often overlooked regions.
Who is the CEO of Morton Valley Water Supply Corp?
Glenn Clark is the President of Morton Valley Water Supply Corp.
What is the revenue of Morton Valley Water Supply Corp?
Morton Valley Water Supply Corp's revenue in 2022 was $358,416.
Who are the executives of Morton Valley Water Supply Corp and what are their salaries?
The average compensation at Morton Valley Water Supply Corp during 2022 was $8,848. There are 9 employees at Morton Valley Water Supply Corp.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Morton Valley Water Supply Corp?
Morton Valley Water Supply Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Morton Valley Water Supply Corp
Morton Valley Water Supply Corp, a vital entity, is dedicated to the mission of providing water distribution services to the rural community of Morton Valley, Texas. With approximately 250 customers relying on their services, this corporation assumes the crucial role of being the sole provider of drinking water in the area. Its mission is centered around ensuring that rural communities have access to this essential resource, thereby contributing significantly to their daily lives and well-being.
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Impact
October, 2024
Morton Valley Water Supply Corp plays a crucial role in providing essential water services to approximately 250 customers in the rural community of Morton Valley, Texas. As the sole source of drinking water for these residents, the organization ensures reliable access to this vital resource, significantly impacting public health and quality of life in the area.
By focusing on rural water distribution, Morton Valley Water Supply Corp addresses the unique challenges faced by residents in less populated regions, where accessing clean and safe drinking water can be difficult. The corporation's commitment to maintaining a consistent water supply supports community wellbeing and fosters growth, enabling residents to sustain their livelihoods and enjoy a higher standard of living.
Located in Eastland, TX, the organization not only fulfills a basic necessity but also serves as a lifeline for the community, enhancing overall public benefit by improving health outcomes and promoting social stability. Without reliable water distribution, rural areas like Morton Valley could face dire consequences, making the corporation's services indispensable.
This information is meant to be a general summary of Morton Valley Water Supply Corp. 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: $201
- Program Service Revenue: $4,100
- Gross Receipts: $526,099
Assets and Liabilities:
- Total Assets: $3,329,686
- Total Liabilities: $1,576,263
- Net Assets: $1,753,423
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$4,100
Organization Details
Founding Year
1966
Principal Officer
Glenn Clark
Main Address
PO BOX 550, EASTLAND, TX, 76448
NTEE Category
Code: W80 - Public benefit
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