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Oak Grove Texas Water Supply Corporation

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

EIN: 751638226 ✦ Kaufman, TX ✦ Designated as a 501(c)(12)

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Overview

What is Oak Grove Texas Water Supply Corporation?

Oak Grove Texas Water Supply Corporation is a nonprofit organization located in the Kaufman, TX area, serving a rural community of 330 customers. Their primary mission is to ensure a steady water supply for this community. They accomplish this through various programs and initiatives, demonstrating a commitment to meeting the water needs of their members in this region.

Is Oak Grove Texas Water Supply Corporation legitimate?

Oak Grove Texas Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Oak Grove Texas 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: $7,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,500

For more financial information, click here

What is the mission statement of Oak Grove Texas Water Supply Corporation?

The Oak Grove Texas Water Supply Corporation is dedicated to its mission of supplying water to residents and members in rural areas. They have initiatives in place to serve a community of approximately 330 individuals located in the Kaufman, TX region. The corporation's primary goal is to ensure a consistent water supply for this rural population.

Who is the CEO of Oak Grove Texas Water Supply Corporation?

Jerry Hedrick is the President of Oak Grove Texas Water Supply Corporation.

What is the revenue of Oak Grove Texas Water Supply Corporation?

Oak Grove Texas Water Supply Corporation's revenue in 2022 was $374,855.

Who are the executives of Oak Grove Texas Water Supply Corporation and what are their salaries?

The average compensation at Oak Grove Texas Water Supply Corporation during 2022 was $16,350. There are 2 employees at Oak Grove Texas Water Supply Corporation.


Here are 5 key members and their salaries:


Jerry Busby (Director)
  • Compensation: $7,200
  • Related: $0
  • Other: $0
Jerry Hedrick (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Chambers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Heather (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suella Dean (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Oak Grove Texas Water Supply Corporation?

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

Mission Statement of Oak Grove Texas Water Supply Corporation

Oak Grove Texas Water Supply Corporation, a water provider, is committed to serving the needs of rural area members. Their primary mission is to ensure an adequate water supply for the approximately 330 customers and members residing in the Kaufman, TX region. The corporation takes pride in its programs and services, which are tailored to meet the unique requirements of its clientele in this rural area. By providing water, Oak Grove Texas Water Supply Corporation plays a vital role in enhancing the quality of life for its members, enabling them to carry out daily activities with ease and confidence.

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Impact




October, 2024

Oak Grove Texas Water Supply Corporation plays a crucial role in enhancing the quality of life for its members in the rural areas of Kaufman, Texas. By providing reliable access to water, it supports the daily needs of approximately 330 customers, ensuring they have a fundamental resource for hygiene, food preparation, and other essential activities.

The corporation’s commitment extends beyond water provision; it also implements programs that aim to serve and engage the community, addressing the unique challenges faced by rural residents. This focus on community welfare fosters a sense of belonging and support among members, which is particularly vital in areas where resources can be limited. Overall, Oak Grove Texas Water Supply Corporation significantly contributes to the sustainability and well-being of the local population.




This information is meant to be a general summary of Oak Grove Texas 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
$374,855 (2022)
Expenses
$282,473 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,443
  • Program Service Revenue: $372,412
  • Gross Receipts: $374,855

Assets and Liabilities:

  • Total Assets: $1,235,035
  • Total Liabilities: $10,746
  • Net Assets: $1,224,289

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Programs

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

LATE PAYMENT FEES

Revenue

$4,670

OTHER FEES

Revenue

$2,400

WATER SALES

Revenue

$365,342

Organization Details

Founding Year

1969

Principal Officer

Jerry Hedrick

Main Address

PO BOX 431, KAUFMAN, TX, 75142

NTEE Category

Code: K20 - Food

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