Jones Water Supply Corporation

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

EIN: 751565541 ✦ Quitman, TX ✦ Designated as a 501(c)(12)

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Overview

What is Jones Water Supply Corporation?

Jones Water Supply Corporation is a water utility service provider based in Quitman, Texas. With over 2,000 customers relying on their services, the corporation has dedicated itself to delivering clean and high-quality water at affordable prices. To ensure a consistent supply and maintain affordability, they meticulously manage their resources. The organization's primary mission is to cater to the water needs of the rural communities surrounding Quitman, Texas. With a team of nine employees, they are committed to providing reliable water services at the lowest possible cost, while also planning for future expansion projects.

Is Jones Water Supply Corporation legitimate?

Jones Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jones 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: $2,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $469,166

For more financial information, click here

What is the mission statement of Jones Water Supply Corporation?

The Jones Water Supply Corporation is committed to delivering water services to the rural communities in its vicinity. Its mission, in essence, is to ensure a steady supply of clean and affordable water to its approximately 2,000 customers. The corporation meticulously manages its resources to sustain an ample supply of high-quality water at the most reasonable prices, while also setting aside funds for future expansion projects.

Who is the CEO of Jones Water Supply Corporation?

William Prague is the Director of Jones Water Supply Corporation.

What is the revenue of Jones Water Supply Corporation?

Jones Water Supply Corporation's revenue in 2022 was $1,454,237.

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

The average compensation at Jones Water Supply Corporation during 2022 was $52,455. There are 9 employees at Jones Water Supply Corporation.


Here are 9 key members and their salaries:


William Prague (Director)
  • Compensation: $375
  • Related: $0
  • Other: $0
Richard Roberts (Director)
  • Compensation: $300
  • Related: $0
  • Other: $0
Betty Wilson (Director)
  • Compensation: $375
  • Related: $0
  • Other: $0
David Moore (Director)
  • Compensation: $225
  • Related: $0
  • Other: $0
Linda Lee (Director)
  • Compensation: $300
  • Related: $0
  • Other: $0
Harold Gilbreath (Director)
  • Compensation: $225
  • Related: $0
  • Other: $0
Charles Smith (Director)
  • Compensation: $375
  • Related: $0
  • Other: $0
Brenda Hunter (Director)
  • Compensation: $375
  • Related: $0
  • Other: $0
Dorma Shields (Director)
  • Compensation: $375
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jones Water Supply Corporation?

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

Mission Statement of Jones Water Supply Corporation

Jones Water Supply Corporation, a water service provider, is dedicated to serving the rural communities surrounding Quitman, Texas. Their mission is to ensure a consistent supply of clean and high-quality water to their over 2,000 customers. The corporation manages its resources diligently, aiming to maintain an adequate water supply at reasonable prices while also setting aside funds for future expansion projects. By doing so, Jones Water Supply Corporation strives to provide its customers with the best possible water service, ensuring their needs are met without excessive cost.

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Impact




October, 2024

Jones Water Supply Corporation plays a crucial role in the sustainability and well-being of rural communities surrounding Quitman, TX. By providing clean and quality water services to over 2,000 customers, it ensures that residents have reliable access to one of life's essential resources. The Corporation is dedicated to managing its resources efficiently, allowing it to maintain an adequate supply of water while keeping prices reasonable for its customers.

Their commitment extends beyond current service delivery; they are also focused on future expansion projects, which will allow them to continue serving the growing needs of the community. Overall, Jones Water Supply Corporation significantly impacts the quality of life, promoting health and well-being in the area it serves.




This information is meant to be a general summary of Jones 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
$1,454,237 (2022)
Expenses
$1,365,953 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,359
  • Program Service Revenue: $1,451,878
  • Gross Receipts: $1,454,237

Assets and Liabilities:

  • Total Assets: $4,628,185
  • Total Liabilities: $782,356
  • Net Assets: $3,845,829

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Programs

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

Water Sales & Related

Revenue

$1,451,878

Organization Details

Founding Year

1965

Principal Officer

William Prague

Main Address

1650 N STATE HIGHWAY 37, QUITMAN, TX, 75783

NTEE Category

Code: W80 - Public benefit

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