Overview
What is Goodsprings Water Supply Corporation?
Goodsprings Water Supply Corporation is a nonprofit organization located in Henderson, Texas, specifically at 6713 US Highway 79 S. Their primary mission is to provide rural residents of the Goodsprings community with potable drinking water, ensuring the community's access to clean and safe water. All revenue and expenses are solely dedicated to this purpose, demonstrating their commitment to the community's water needs. The corporation operates with a modest workforce of four individuals.
Is Goodsprings Water Supply Corporation legitimate?
Goodsprings Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Goodsprings 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: $208,852
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What is the mission statement of Goodsprings Water Supply Corporation?
The Goodsprings Water Supply Corporation is dedicated to providing potable water to the rural residents of its community. This mission is carried out by managing all revenue and expenses solely for the purpose of delivering clean drinking water to its customers. The organization's primary goal is to ensure the availability of safe and drinkable water, serving as a vital resource for the community's residents. The corporation's activities are focused on maintaining and improving the water supply infrastructure, ensuring a reliable and continuous water supply, and adhering to all necessary health and safety regulations. Through its mission, the Goodsprings Water Supply Corporation contributes significantly to the well-being and quality of life of its community.
What is the revenue of Goodsprings Water Supply Corporation?
Goodsprings Water Supply Corporation's revenue in 2023 was $906,502.
Who are the executives of Goodsprings Water Supply Corporation and what are their salaries?
The average compensation at Goodsprings Water Supply Corporation during 2023 was $52,213. There are 4 employees at Goodsprings Water Supply Corporation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Goodsprings Water Supply Corporation?
Goodsprings Water Supply Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Goodsprings Water Supply Corporation
Goodsprings Water Supply Corporation is dedicated to providing potable drinking water to the rural residents of its community. This nonprofit organization's mission is centered around ensuring the availability of clean and safe water for its customers, utilizing all revenue and expenses exclusively for this purpose. By supplying potable water, Goodsprings Water Supply Corporation contributes to the well-being and health of its community, ensuring that its residents have access to a fundamental necessity.
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Impact
October, 2024
Goodsprings Water Supply Corporation plays a crucial role in the Henderson, TX area by ensuring that rural residents have access to potable water. This essential service supports the health and well-being of the community by providing clean drinking water, which is a vital resource for daily life. All revenue generated by the corporation is directly invested back into the infrastructure and maintenance necessary to deliver high-quality water to its customers. The impact of this organization extends beyond just water supply; it fosters community stability, supports local households, and enhances overall quality of life in the Goodsprings community. Through its dedicated mission, Goodsprings Water Supply Corporation ensures that residents can rely on consistent access to safe drinking water, underscoring its significance in the region.
This information is meant to be a general summary of Goodsprings 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 2023.
- Investment Income: $7,793
- Program Service Revenue: $898,643
- Gross Receipts: $906,502
Assets and Liabilities:
- Total Assets: $3,769,982
- Total Liabilities: $997,609
- Net Assets: $2,772,373
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LATE FEES
Revenue
$23,580
MISCELLANEOUS
Revenue
$2,285
RECONNECTS & INSTALLATION
Revenue
$4,865
RELOCATION OF WATERLINE
WATER REVENUE
Revenue
$867,913
Organization Details
Founding Year
1965
Principal Officer
Mark Steven Nichols
NTEE Category
Code: K200 - Food
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