Martin Springs Water Supply Corp

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

EIN: 751729736 ✦ Como, TX ✦ Designated as a 501(c)(12)

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Overview

What is Martin Springs Water Supply Corp?

Martin Springs Water Supply Corp is a nonprofit organization located in Como, Texas. With a small workforce of seven individuals, their primary mission is to ensure affordable water access for the unincorporated community of Martin Springs. By providing this essential resource, they contribute significantly to the well-being and sustainability of the community.

Is Martin Springs Water Supply Corp legitimate?

Martin Springs Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Martin Springs Water Supply Corp 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: $345,718

For more financial information, click here

What is the mission statement of Martin Springs Water Supply Corp?

Martin Springs Water Supply Corporation is committed to providing affordable water to the unincorporated community it serves. This mission is carried out with the aim of ensuring that the community has access to a vital resource at a price they can afford. The corporation's activities are centered around this principle, working tirelessly to meet the water needs of its community. By doing so, it contributes to the well-being and sustainability of the community it serves. The corporation's dedication to affordability and accessibility sets it apart, making it a vital resource for the community.

Who is the CEO of Martin Springs Water Supply Corp?

Julie Perry is the Secretary - of Martin Springs Water Supply Corp.

What is the revenue of Martin Springs Water Supply Corp?

Martin Springs Water Supply Corp's revenue in 2022 was $975,826.

Who are the executives of Martin Springs Water Supply Corp and what are their salaries?

The average compensation at Martin Springs Water Supply Corp during 2022 was $49,388. There are 7 employees at Martin Springs Water Supply Corp.


Here are 5 key members and their salaries:


Mike Harman (Secretary -)
  • Compensation: $0
  • Related: $0
  • Other: $0
Junior Hinton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Howle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy King (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Martin Springs Water Supply Corp?

Martin Springs Water Supply Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Martin Springs Water Supply Corp

Martin Springs Water Supply Corp, as a mission-driven organization, is committed to providing an essential service to its community. Their primary objective is to ensure the availability of affordable water to the unincorporated community of Martin Springs, Texas. This mission is a testament to their dedication to meeting the basic needs of their community, ensuring a sustainable and livable environment for its residents. By providing affordable water, Martin Springs Water Supply Corp is not only addressing a fundamental necessity but also contributing to the overall well-being and quality of life of the community it serves.

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Impact




October, 2024

Martin Springs Water Supply Corp plays a vital role in ensuring access to affordable water for the unincorporated community of Martin Springs, TX. By delivering reliable water services, the organization supports the health and well-being of residents, promotes community development, and contributes to the overall quality of life in the area. This commitment to providing essential resources fosters a sense of community while addressing the basic needs of its residents. Through its efforts, Martin Springs Water Supply Corp enhances public benefit and sustains the growth of the community in Como, TX.




This information is meant to be a general summary of Martin Springs Water Supply Corp. 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
$975,826 (2022)
Expenses
$1,366,290 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$10,350
  • Program Service Revenue: $899,969
  • Gross Receipts: $1,048,863

Assets and Liabilities:

  • Total Assets: $2,198,049
  • Total Liabilities: $375,659
  • Net Assets: $1,822,390

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Programs

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

WATER SALES

Revenue

$899,969

Organization Details

Founding Year

1966

Principal Officer

Julie Perry

Main Address

P O BOX 9, COMO, TX, 75431

NTEE Category

Code: W80 - Public benefit

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