Forest Water Supply Corporation

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

EIN: 751534819 ✦ Wells, TX ✦ Designated as a 501(c)(12)

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Overview

What is Forest Water Supply Corporation?

Forest Water Supply Corporation is a small, nonprofit organization situated in Wells, Texas. With a single employee, their primary mission is dedicated to serving the rural community of Forest, Texas. They achieve this by providing essential water services to approximately 200 meter subscribers in the area, ensuring a consistent water supply for the community's needs. Their operations are based at PO Box 311, and they remain committed to serving the residents of Cherokee County, Texas.

Is Forest Water Supply Corporation legitimate?

Forest Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Forest 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: $16,551

For more financial information, click here

What is the mission statement of Forest Water Supply Corporation?

The Forest Water Supply Corporation's mission is centered around providing essential water services. Their primary objective is to cater to the water needs of approximately 200 meter subscribers residing in a rural community. The corporation strives to ensure a consistent supply of water, contributing to the well-being and daily needs of its subscribers. Throughout the year, the company has been successful in delivering water to these subscribers, demonstrating its commitment to its mission.

Who is the CEO of Forest Water Supply Corporation?

Josh Dew is the Vice-President of Forest Water Supply Corporation.

What is the revenue of Forest Water Supply Corporation?

Forest Water Supply Corporation's revenue in 2022 was $128,818.

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

The average compensation at Forest Water Supply Corporation during 2022 was $16,551. There is 1 employee at Forest Water Supply Corporation.


Here are 5 key members and their salaries:


Josh Dew (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Grogan (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Martin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Collie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Forest Water Supply Corporation?

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

Mission Statement of Forest Water Supply Corporation

Forest Water Supply Corporation, as a mission-driven entity, is committed to providing essential water services to the rural community in Texas. Specifically, its mission is to cater to approximately 200 meter subscribers, ensuring they have access to this vital resource. The corporation plays a crucial role in maintaining the water supply for this community, contributing significantly to their daily lives and well-being.

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Impact




October, 2024

Forest Water Supply Corporation plays a vital role in ensuring access to clean, reliable water for the rural community of Forest, Texas. Serving approximately 200 meter subscribers, the organization addresses a critical need for water supply in an area that may otherwise face challenges in obtaining this essential resource. By providing water services to residents, Forest Water Supply Corporation contributes to public health, supports local agriculture, and enhances the overall quality of life in Cherokee County. Their commitment to meeting the water needs of this community is essential for fostering sustainable living and development in the region.




This information is meant to be a general summary of Forest 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
$128,818 (2022)
Expenses
$153,360 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $215
  • Program Service Revenue: $128,603
  • Gross Receipts: $128,818

Assets and Liabilities:

  • Total Assets: $1,179,689
  • Total Liabilities: $727,505
  • Net Assets: $452,184

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Programs

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

WATER SALES TO MEMBERS

Revenue

$128,603

Organization Details

Founding Year

1966

Principal Officer

Josh Dew

Main Address

PO BOX 311, WELLS, TX, 75976

NTEE Category

Code: W80 - Public benefit

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