Sharon Water Supply Corporation

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

EIN: 751640781 ✦ Winnsboro, TX ✦ Designated as a 501(c)(12)

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Overview

What is Sharon Water Supply Corporation?

Sharon Water Supply Corporation is a nonprofit organization situated in Winnsboro, Texas, with a postal code of 75494. The primary mission of this organization is to deliver clean, safe drinking water to its members situated in the northeastern part of Texas, specifically near Winnsboro. With a dedicated workforce of 10 employees, Sharon Water Supply Corporation is committed to providing a vital resource for its community.


Official website here: www.sharon-water.com

Is Sharon Water Supply Corporation legitimate?

Sharon Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sharon 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: $668,071

For more financial information, click here


Official website here: www.sharon-water.com

What is the mission statement of Sharon Water Supply Corporation?

The Sharon Water Supply Corporation's primary purpose is to deliver clean, potable water to its members residing in the northeastern Texas region, close to Winnsboro. The company is committed to fulfilling this mission by ensuring a constant supply of safe drinking water to its members. In essence, the Sharon Water Supply Corporation exists to cater to the water needs of its members in northeastern Texas.


Official website here: www.sharon-water.com

Who is the CEO of Sharon Water Supply Corporation?

Bennie Cowser is the President of Sharon Water Supply Corporation.


Official website here: www.sharon-water.com

What is the revenue of Sharon Water Supply Corporation?

Sharon Water Supply Corporation's revenue in 2022 was $2,171,872.


Official website here: www.sharon-water.com

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

The average compensation at Sharon Water Supply Corporation during 2022 was $66,807. There are 10 employees at Sharon Water Supply Corporation.


Here are 9 key members and their salaries:


Jeff Zimmerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Brewer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Conley Bland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Gambrel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Helpinstill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lebarron (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter Hutto (Sectreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bennie Cowser (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sharon-water.com

Where can I find the form 990 for Sharon Water Supply Corporation?

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


Official website here: www.sharon-water.com

Learn more at the official website: www.sharon-water.com

Mission Statement of Sharon Water Supply Corporation

Sharon Water Supply Corporation, a vital entity, is dedicated to a mission that centers around providing potable water to its members residing in northeast Texas, in proximity to Winnsboro. This organization's primary objective is to ensure a constant supply of clean, drinkable water, catering to the needs of its community members. By adhering to this mission, Sharon Water Supply Corporation plays a pivotal role in maintaining the overall health and well-being of its constituents, contributing to a more sustainable and safe living environment.

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Impact




October, 2024

Sharon Water Supply Corporation plays a crucial role in delivering safe and reliable potable water to its members in Northeast Texas, particularly near Winnsboro. By ensuring access to clean drinking water, the organization directly contributes to the health and well-being of the community it serves. Its dedicated mission to provide this essential service fosters a sense of security and quality of life for residents, enabling them to thrive in their daily activities. The impact of Sharon Water Supply Corporation extends beyond just water provision; it supports public health, economic stability, and community resilience in the region.




This information is meant to be a general summary of Sharon 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
$2,171,872 (2022)
Expenses
$2,088,935 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19,346
  • Program Service Revenue: $2,152,526
  • Gross Receipts: $2,171,872

Assets and Liabilities:

  • Total Assets: $5,387,721
  • Total Liabilities: $2,373,180
  • Net Assets: $3,014,541

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Programs

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

Water Sales

Revenue

$2,005,856

Other Income

Revenue

$35,520

Installation and other

Revenue

$73,936

Penalty Fees

Revenue

$37,214

Organization Details

Founding Year

1972

Principal Officer

Bennie Cowser

Main Address

6175 North State Hwy 37, Winnsboro, TX, 75494

NTEE Category

Code: W80 - Public benefit

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