Overview
What is G-M Water Supply Corporation?
G-M Water Supply Corporation is a community-driven water supply organization, serving its members in the Sabine and San Augustine regions since 1968. This nonprofit corporation's primary mission is to ensure rural water services, offering a dependable water supply to its customers for over five decades. Established as a member-owned entity, G-M Water Supply Corporation is dedicated to meeting the water needs of its local community.
Is G-M Water Supply Corporation legitimate?
G-M Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. G-M 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: $696,336
For more financial information, click here
What is the mission statement of G-M Water Supply Corporation?
G-M Water Supply Corporation, being a member-owned organization, has been committed to providing rural water services since its establishment in 1968. Its mission is centered around serving its customers in the Sabine and San Augustine areas, ensuring they have reliable access to water. The corporation has been dedicated to this mission for over five decades, continually striving to meet the water needs of its community.
Who is the CEO of G-M Water Supply Corporation?
Jerry Pickard is the President of G-M Water Supply Corporation.
What is the revenue of G-M Water Supply Corporation?
G-M Water Supply Corporation's revenue in 2022 was $4,257,633.
Who are the executives of G-M Water Supply Corporation and what are their salaries?
The average compensation at G-M Water Supply Corporation during 2022 was $46,422. There are 15 employees at G-M Water Supply Corporation.
Here are 9 key members and their salaries:
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $150
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $450
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for G-M Water Supply Corporation?
G-M Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of G-M Water Supply Corporation
G-M Water Supply Corporation, a member-owned entity, has been dedicated to its mission since 1968. This mission primarily revolves around providing essential water services to the rural communities of Sabine and San Augustine. The corporation has been steadfast in its commitment to serving its customers, ensuring a consistent supply of clean water. By doing so, G-M Water Supply Corporation contributes significantly to the well-being and daily living of its community members.
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Impact
October, 2024
G-M Water Supply Corporation has been instrumental in providing reliable water services to the rural communities of Sabine and San Augustine since 1968. As a member-owned water supply corporation, it not only ensures access to clean and safe drinking water but also fosters a sense of community ownership and responsibility among its members.
By delivering essential water services, G-M Water Supply Corporation enhances the quality of life for residents in these areas, supporting both households and local economies. The corporation's long-standing commitment has helped stabilize water access, which is crucial for agricultural practices, health, and overall community well-being. Its operations contribute to public benefit by prioritizing sustainable water management and addressing the unique needs of its rural clientele, thereby strengthening the region’s infrastructure and resilience.
This information is meant to be a general summary of G-M 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 2022.
- Investment Income: $44,204
- Program Service Revenue: $2,496,655
- Gross Receipts: $4,257,633
Assets and Liabilities:
- Total Assets: $13,573,037
- Total Liabilities: $7,860,075
- Net Assets: $5,712,962
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROVIDE RURAL WATER SE
Revenue
$2,496,655
Organization Details
Founding Year
1968
Phone
(409) 787-2755Principal Officer
Jerry Pickard
Main Address
PO BOX 727, HEMPHILL, TX, 75948
NTEE Category
Code: W80 - Public benefit
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