Overview
What is Gum Springs Water Supply Corporation?
Gum Springs Water Supply Corporation is a nonprofit entity situated in Hallsville, Texas. Its primary mission is to ensure an adequate water supply for the rural community in western Harrison County, serving both residents and businesses on a cooperative basis. The corporation fulfills this objective through its programs, providing essential water services to the residents in this region.
Official website here: www.gswsc.com
Is Gum Springs Water Supply Corporation legitimate?
Gum Springs Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Gum Springs 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: $77,442
Professional Fundraising Fees: $0
Other Salaries and Wages: $356,637
For more financial information, click here
Official website here: www.gswsc.com
What is the mission statement of Gum Springs Water Supply Corporation?
Gum Springs Water Supply Corporation is committed to providing a rural water supply on a cooperative basis to the residents and businesses in certain areas of Western Harrison County, Texas. The organization operates with the primary goal of ensuring a reliable water supply for its community members, operating on a cooperative basis. By doing so, it serves both residential and commercial needs in the region. The corporation's activities are centered around supplying water to the rural community, contributing to the overall well-being and development of the area.
Official website here: www.gswsc.com
Who is the CEO of Gum Springs Water Supply Corporation?
Kelly Thompson is the President of Gum Springs Water Supply Corporation.
Official website here: www.gswsc.com
What is the revenue of Gum Springs Water Supply Corporation?
Gum Springs Water Supply Corporation's revenue in 2022 was $3,020,223.
Official website here: www.gswsc.com
Who are the executives of Gum Springs Water Supply Corporation and what are their salaries?
The average compensation at Gum Springs Water Supply Corporation during 2022 was $54,260. There are 8 employees at Gum Springs Water Supply Corporation.
Here are 8 key members and their salaries:
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- Compensation: $77,442
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- Other: $0
Official website here: www.gswsc.com
Where can I find the form 990 for Gum Springs Water Supply Corporation?
Gum Springs Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gswsc.com
Learn more at the official website: www.gswsc.com
Mission Statement of Gum Springs Water Supply Corporation
Gum Springs Water Supply Corporation, a nonprofit organization, is dedicated to providing a rural water supply on a cooperative basis to the residents and businesses in specific regions of western Harrison County, Texas. The organization's mission is centered around ensuring that the community in question has access to a reliable water supply, operating on a cooperative model. This approach allows for a shared responsibility and involvement among the residents and businesses in the area, ensuring a sustainable and equitable water supply system. The corporation's programs primarily focus on providing water, serving as a vital resource for the community's daily needs. Located in Hallsville, TX, Gum Springs Water Supply Corporation plays a significant role in ensuring the rural community has consistent access to this essential resource.
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Impact
October, 2024
Gum Springs Water Supply Corporation plays a pivotal role in delivering essential water services to the rural communities and businesses in western Harrison County, Texas. By operating on a cooperative basis, it ensures that residents have reliable access to potable water, which is crucial for daily living and economic activities. This provision not only enhances the quality of life for individuals but also supports local businesses, contributing to the overall vitality and sustainability of the region.
Located in Hallsville, TX, Gum Springs Water Supply Corporation's commitment to serving the community fosters a collaborative approach among residents, promoting shared responsibility and engagement in water supply management. The corporation’s efforts are fundamental in ensuring that vital resources are managed effectively and remain accessible to those in need. As a public benefit organization, it addresses the unique challenges of rural water supply, helping to improve health outcomes, economic opportunities, and community well-being in Harrison County.
This information is meant to be a general summary of Gum Springs 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: $28,256
- Program Service Revenue: $2,791,967
- Gross Receipts: $3,046,503
Assets and Liabilities:
- Total Assets: $10,248,486
- Total Liabilities: $2,965,586
- Net Assets: $7,282,900
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER REVENUE
Revenue
$2,622,743
NEW SERVICE FEES
Revenue
$76,951
PENALTIES
Revenue
$33,339
APP/EASEMENT/MISC FEES
Revenue
$32,934
RECONNECT/TRANSFER FEE
Revenue
$26,000
Organization Details
Founding Year
1966
Phone
(903) 660-3420Principal Officer
Kelly Thompson
Main Address
PO BOX 750, HALLSVILLE, TX, 756500750
Website
www.gswsc.comNTEE Category
Code: W80 - Public benefit
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