Overview
What is Norwood Water Supply Corporation?
Norwood Water Supply Corporation is a nonprofit organization situated in Farmersville, Texas, primarily dedicated to serving the water needs of around 448 residents in a rural community. Through its rural water utility sales and services, it ensures a continuous water supply for the local residents. The corporation's primary mission is to deliver clean and reliable water to the community, contributing to their overall well-being and quality of life.
Is Norwood Water Supply Corporation legitimate?
Norwood Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Norwood 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: $113,469
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What is the mission statement of Norwood Water Supply Corporation?
The Norwood Water Supply Corporation is committed to providing water service to approximately 448 residents residing in a rural community. This is achieved through their programs centered around rural water utility sales and services. The corporation operates with the primary goal of ensuring a reliable water supply for its clientele, contributing to their daily needs and overall well-being. The organization's activities are geared towards maintaining the quality and availability of water, thereby contributing to a better living standard within the rural community.
Who is the CEO of Norwood Water Supply Corporation?
Merl Estep is the President of Norwood Water Supply Corporation.
What is the revenue of Norwood Water Supply Corporation?
Norwood Water Supply Corporation's revenue in 2022 was $318,030.
Who are the executives of Norwood Water Supply Corporation and what are their salaries?
The average compensation at Norwood Water Supply Corporation during 2022 was $56,734. There are 2 employees at Norwood Water Supply Corporation.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Norwood Water Supply Corporation?
Norwood Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Norwood Water Supply Corporation
Norwood Water Supply Corporation, as a mission-driven entity, is dedicated to providing essential water services to a community of approximately 448 residents residing in a rural area. This organization's primary activity revolves around the sale and maintenance of water utilities, ensuring that the residents in its care have access to clean and reliable water supplies. By offering these services, Norwood Water Supply Corporation plays a crucial role in enhancing the quality of life for its rural community, ensuring that basic necessities are met.
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Impact
October, 2024
Norwood Water Supply Corporation plays a crucial role in ensuring that approximately 448 residents of a rural community have access to reliable water service. By focusing on rural water utility sales and service, the corporation addresses the essential need for clean and safe water in areas that might otherwise be underserved. Located in Farmersville, Texas, its operations directly impact the quality of life for residents by delivering consistent water supply, thereby enhancing public health, supporting local agriculture, and fostering community stability. The organization's commitment to providing this vital resource reflects its mission to serve the specific needs of the rural population, making a significant difference in their everyday lives.
This information is meant to be a general summary of Norwood 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $247
- Program Service Revenue: $317,783
- Gross Receipts: $318,030
Assets and Liabilities:
- Total Assets: $1,840,090
- Total Liabilities: $744,845
- Net Assets: $1,095,245
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES & CONNECTIONS
Revenue
$317,783
Organization Details
Founding Year
1984
Phone
(877) 782-6418Principal Officer
Merl Estep
Main Address
PO BOX 27, FARMERSVILLE, TX, 75442
NTEE Category
Code: W80 - Public benefit
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