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Glenwood Water Supply Corporation

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

EIN: 751933853 ✦ Gilmer, TX ✦ Designated as a 501(c)(12)

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Overview

What is Glenwood Water Supply Corporation?

Glenwood Water Supply Corporation, located in Gilmer, Texas, functions as a public utility. Their primary purpose is to ensure the provision of essential water services to rural communities. This nonprofit organization is dedicated to serving the water needs of its surrounding areas, upholding the mission of delivering reliable and uninterrupted rural water service.

Is Glenwood Water Supply Corporation legitimate?

Glenwood Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Glenwood 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: $45,678

For more financial information, click here

What is the mission statement of Glenwood Water Supply Corporation?

Glenwood Water Supply Corporation, functioning as a public utility, is committed to providing rural water service. Their mission is centered around ensuring reliable and sufficient water supply for rural communities. The corporation works diligently to meet the water needs of its users, contributing to the overall well-being and sustainability of rural communities. By providing water service, Glenwood Water Supply Corporation plays a crucial role in improving the quality of life for those living in rural areas. The corporation's mission is to serve and support these communities by ensuring a constant and adequate water supply, thereby contributing to their development and growth.

Who is the CEO of Glenwood Water Supply Corporation?

Phillip Sinclair is the President of Glenwood Water Supply Corporation.

What is the revenue of Glenwood Water Supply Corporation?

Glenwood Water Supply Corporation's revenue in 2022 was $725,639.

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

The average compensation at Glenwood Water Supply Corporation during 2022 was $45,678. There is 1 employee at Glenwood Water Supply Corporation.


Here are 7 key members and their salaries:


Phillip Sinclair (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Austin Mcconnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Witcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Bonds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Shelton (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Snyder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Glenwood Water Supply Corporation?

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

Mission Statement of Glenwood Water Supply Corporation

Glenwood Water Supply Corporation, as a public utility, is committed to delivering rural water services. Their mission is centered around providing this essential service, ensuring that it reaches the communities they serve. The corporation's role is pivotal in ensuring a reliable water supply in rural areas, a task that is crucial for the health, sanitation, and daily living needs of these communities. By focusing on rural water service, Glenwood Water Supply Corporation plays a significant role in enhancing the quality of life for those living in these areas.

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Impact




October, 2024

Glenwood Water Supply Corporation plays a crucial role in ensuring access to clean and reliable water for rural communities in Gilmer, Texas. By supplying essential water services, it supports public health, facilitates agricultural activities, and enhances overall quality of life for residents. The corporation's commitment to providing water not only meets the immediate needs of the community but also fosters economic development and sustainability in the region. This reliable water supply is integral for households, businesses, and local farms, contributing to a stable environment where families can thrive and local economies can grow.




This information is meant to be a general summary of Glenwood 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
$725,639 (2022)
Expenses
$484,012 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,147
  • Program Service Revenue: $722,492
  • Gross Receipts: $725,639

Assets and Liabilities:

  • Total Assets: $2,981,395
  • Total Liabilities: $316,216
  • Net Assets: $2,665,179

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$722,492

Organization Details

Founding Year

1968

Principal Officer

Phillip Sinclair

Main Address

6792 FM 726 S, GILMER, TX, 75645

NTEE Category

Code: K20 - Food

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