Jacobs Water Supply Corporation

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

EIN: 751545707 ✦ Henderson, TX ✦ Designated as a 501(c)(12)

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Overview

What is Jacobs Water Supply Corporation?

Jacobs Water Supply Corporation is a nonprofit organization that primarily focuses on providing water sales to rural customers. While specific details about their mission or additional programs are not provided in the information, it is clear that their main activity lies in the water supply sector, serving rural communities. Additional information such as their location, size, or specific initiatives would require more extensive data.

Is Jacobs Water Supply Corporation legitimate?

Jacobs Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jacobs 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: $72,902

For more financial information, click here

What is the mission statement of Jacobs Water Supply Corporation?

Jacobs Water Supply Corporation's primary focus is on selling water to rural customers. Their mission, however, is not explicitly stated in the provided information. Therefore, I'm unable to provide a mission statement at this time.

Who is the CEO of Jacobs Water Supply Corporation?

Wayne Holland is the Board Member of Jacobs Water Supply Corporation.

What is the revenue of Jacobs Water Supply Corporation?

Jacobs Water Supply Corporation's revenue in 2022 was $295,777.

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

The average compensation at Jacobs Water Supply Corporation during 2022 was $24,301. There are 3 employees at Jacobs Water Supply Corporation.


Here are 5 key members and their salaries:


Randy Gaut (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Clower (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Holland (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike O'Quinn (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Clark (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jacobs Water Supply Corporation?

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

Mission Statement of Jacobs Water Supply Corporation

Jacobs Water Supply Corporation is dedicated to the provision of water sales to rural customers. Their primary mission is centered around supplying this essential resource to communities residing in rural areas. The corporation's role in water distribution is crucial for ensuring that these areas have access to clean water, which is an essential element for maintaining a healthy and sustainable lifestyle. By focusing on water sales, Jacobs Water Supply Corporation plays a significant role in supporting the daily needs of rural households and communities.

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Impact




October, 2024

Jacobs Water Supply Corporation plays a crucial role in providing reliable water services to rural customers in Henderson, TX. By facilitating access to essential water resources, it enhances the quality of life for residents in these areas, ensuring that they have sufficient and safe water for domestic use. This organization is instrumental in promoting public health and welfare, particularly in less populated regions where such services can be limited.

The corporation's commitment to water sales not only meets the immediate needs of the community but also supports local economic development. By ensuring a consistent supply of water, it enables residents to engage in various activities, from household chores to agricultural practices, which can be vital for livelihoods in rural settings. Overall, Jacobs Water Supply Corporation significantly contributes to the sustainability and resilience of the communities it serves.




This information is meant to be a general summary of Jacobs 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
$295,777 (2022)
Expenses
$251,989 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $295,777
  • Gross Receipts: $295,777

Assets and Liabilities:

  • Total Assets: $825,750
  • Total Liabilities: $1,794
  • Net Assets: $823,956

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Programs

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

WATER SALES

Revenue

$285,514

MEMBERSHIP DUES

Revenue

$10,263

Organization Details

Founding Year

1960

Principal Officer

Wayne Holland

Main Address

PO BOX 954, HENDERSON, TX, 756530954

NTEE Category

Code: W80 - Public benefit

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