Lawrence Water Supply Corporation

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

EIN: 751918321 ✦ Terrell, TX ✦ Designated as a 501(c)(12)

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Overview

What is Lawrence Water Supply Corporation?

The Lawrence Water Supply Corporation is a nonprofit organization situated in Terrell, Texas. Its primary mission is to ensure the availability of clean drinking water for the residential and agricultural needs within the Lawrence community. This essential service is provided by a team of three dedicated individuals who work tirelessly to maintain and upgrade the water supply infrastructure. The corporation's activities are focused on sustaining the well-being of the local population by ensuring a reliable and potable water supply.

Is Lawrence Water Supply Corporation legitimate?

Lawrence Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lawrence 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: $85,281

For more financial information, click here

What is the mission statement of Lawrence Water Supply Corporation?

The Lawrence Water Supply Corporation is dedicated to supplying potable water to the residences and agricultural lands within its surrounding community. Their primary mission is to ensure a consistent and safe water supply, serving both homes and farms in the area. By providing this essential resource, the corporation aims to contribute to the well-being and sustainability of the community it serves. The corporation's activities are focused on maintaining and upgrading its water infrastructure to ensure the delivery of clean and reliable water to its customers.

Who is the CEO of Lawrence Water Supply Corporation?

Linda Furguson is the President of Lawrence Water Supply Corporation.

What is the revenue of Lawrence Water Supply Corporation?

Lawrence Water Supply Corporation's revenue in 2022 was $384,264.

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

The average compensation at Lawrence Water Supply Corporation during 2022 was $28,427. There are 3 employees at Lawrence Water Supply Corporation.


Here are 5 key members and their salaries:


Robert Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Furguson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Oats (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Gift (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lawrence Water Supply Corporation?

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

Mission Statement of Lawrence Water Supply Corporation

Lawrence Water Supply Corporation, as its name suggests, is dedicated to the provision of potable water. This mission extends to the homes and farms situated within and around the Lawrence community. In simpler terms, the corporation's primary goal is to ensure a constant supply of clean and safe water, thereby contributing to the well-being and comfort of the community's residents and farmers. By providing potable water, Lawrence Water Supply Corporation plays a crucial role in maintaining the health and livelihood of the community, ensuring that its residents have access to a vital resource.

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Impact




October, 2024

Lawrence Water Supply Corporation has a significant impact on the Lawrence, Texas community by ensuring access to potable water for homes and farms in the area. This essential service supports public health, enhances the quality of life for residents, and facilitates agricultural productivity. By providing a reliable water supply, the organization plays a vital role in sustaining the local economy and fostering community well-being. The availability of safe drinking water is crucial for both daily living and agricultural operations, which directly benefits the residents and contributes to the overall vitality of the Lawrence community.




This information is meant to be a general summary of Lawrence 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
$384,264 (2022)
Expenses
$341,104 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $22
  • Program Service Revenue: $384,242
  • Gross Receipts: $384,264

Assets and Liabilities:

  • Total Assets: $1,035,114
  • Total Liabilities: $269,292
  • Net Assets: $765,822

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Programs

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

WATER SALES AND FEES

Revenue

$384,242

Organization Details

Founding Year

1961

Principal Officer

Linda Furguson

Main Address

P O BOX 75, TERRELL, TX, 75160

NTEE Category

Code: W80 - Public benefit

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