Mims Water Supply Corporation

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

EIN: 751784849 ✦ Avinger, TX ✦ Designated as a 501(c)(12)

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Overview

What is Mims Water Supply Corporation?

Mims Water Supply Corporation is a public utilities organization situated in Avinger, Texas. Their primary purpose and mission revolve around distributing water, ensuring a vital resource is readily available to the community. As a nonprofit entity, they play a crucial role in providing this essential service, operating within the public utilities sector. Their activities are focused on water distribution, making them an integral part of the local infrastructure.

Is Mims Water Supply Corporation legitimate?

Mims Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mims 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: $152,502

For more financial information, click here

What is the mission statement of Mims Water Supply Corporation?

Mims Water Supply Corporation is dedicated to its mission of distributing water. Acting as a public utilities organization, this corporation provides this essential service to its community. Its primary objective is to ensure a reliable water supply, contributing to the well-being and daily needs of the population it serves. The corporation's activities are focused on maintaining and improving its water distribution infrastructure, ensuring the continuous delivery of clean and safe water to its consumers. Additionally, it may engage in efforts to conserve water resources and promote water efficiency in its service area.

Who is the CEO of Mims Water Supply Corporation?

Bruce Dedman is the Director of Mims Water Supply Corporation.

What is the revenue of Mims Water Supply Corporation?

Mims Water Supply Corporation's revenue in 2022 was $545,232.

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

The average compensation at Mims Water Supply Corporation during 2022 was $50,834. There are 3 employees at Mims Water Supply Corporation.


Here are 7 key members and their salaries:


Harrell Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Chism (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Waylon Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Allen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Dedman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milton Holland (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mims Water Supply Corporation?

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

Mission Statement of Mims Water Supply Corporation

Mims Water Supply Corporation, as a public utilities organization, is dedicated to its mission of distributing water. This vital task is essential for the well-being and daily needs of various communities. As a nonprofit entity, Mims Water Supply Corporation plays a crucial role in ensuring a steady supply of water, essential for various household and commercial activities. The corporation's mission is focused on delivering water, making it an indispensable contributor to the community's overall health and prosperity.

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Impact




October, 2024

Mims Water Supply Corporation plays a crucial role in providing essential water distribution services to the community of Avinger, TX. By ensuring a reliable supply of clean water, the organization supports public health and enhances the quality of life for residents. Its operations as a public utilities organization help maintain infrastructure, manage resources, and respond to the community's water needs, demonstrating a commitment to public benefit and sustainable service. Mims Water Supply Corporation is essential not only for daily living but also for fostering community resilience and promoting overall well-being in the region.




This information is meant to be a general summary of Mims 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
$545,232 (2022)
Expenses
$553,456 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $921
  • Program Service Revenue: $544,108
  • Gross Receipts: $545,232

Assets and Liabilities:

  • Total Assets: $2,033,241
  • Total Liabilities: $822,757
  • Net Assets: $1,210,484

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Programs

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

WATER SALES

Revenue

$495,534

NEW SERVICE CONNECTIONS

Revenue

$22,894

EQUITY BUY-IN FEES

Revenue

$16,200

RECONNECTION FEES

Revenue

$3,750

PENALTY FEES

Revenue

$3,430

Organization Details

Principal Officer

Bruce Dedman

Main Address

12688 FM 729, AVINGER, TX, 75630

NTEE Category

Code: W80 - Public benefit

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