Beechwood Water Supply Corporation

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

EIN: 752041354 ✦ Hemphill, TX ✦ Designated as a 501(c)(12)

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Overview

What is Beechwood Water Supply Corporation?

The Beechwood Water Supply Corporation is a nonprofit entity situated in Hemphill, Texas. Their primary mission is to offer essential water and sewer services to Beechwood and its surrounding neighborhoods. With a team of six dedicated employees, their annual payroll amounts to $108,089.00. Additionally, they invest in the procurement of raw water, with a reported expenditure of $76,499.00. The corporation plays a significant role in ensuring reliable water and sewer services within the specified community, contributing to the overall well-being and comfort of its residents.


Official website here: www.beechwoodwater.com

Is Beechwood Water Supply Corporation legitimate?

Beechwood Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Beechwood 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: $100,089
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.beechwoodwater.com

What is the mission statement of Beechwood Water Supply Corporation?

The Beechwood Water Supply Corporation's mission is centered around providing essential water and sewer services to the community of Beechwood and its surrounding subdivisions. Their primary objective is to ensure the reliable delivery of these necessities, demonstrating a commitment to the well-being and comfort of their service area. The corporation's activities are geared towards meeting these needs, with an annual payroll of $108,089.00 and raw water purchases totalling $76,499.00, indicating their dedication to maintaining and enhancing their operations.


Official website here: www.beechwoodwater.com

Who is the CEO of Beechwood Water Supply Corporation?

Chad Prewitt is the President of Beechwood Water Supply Corporation.


Official website here: www.beechwoodwater.com

What is the revenue of Beechwood Water Supply Corporation?

Beechwood Water Supply Corporation's revenue in 2022 was $457,932.


Official website here: www.beechwoodwater.com

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

The average compensation at Beechwood Water Supply Corporation during 2022 was $16,682. There are 6 employees at Beechwood Water Supply Corporation.


Here are 3 key members and their salaries:


Chad Prewitt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kip Finley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William C Manley (Opertion Manager)
  • Compensation: $7,194
  • Related: $0
  • Other: $0


Official website here: www.beechwoodwater.com

Where can I find the form 990 for Beechwood Water Supply Corporation?

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


Official website here: www.beechwoodwater.com

Learn more at the official website: www.beechwoodwater.com

Mission Statement of Beechwood Water Supply Corporation

Beechwood Water Supply Corporation is dedicated to providing essential water and sewer services to the community of Beechwood and its surrounding subdivisions. Their primary mission is to ensure a reliable supply of clean water and effective sewage management, contributing to the overall well-being and comfort of the residents in these areas. The corporation invests in securing raw water, a crucial component in delivering these services, and manages a payroll for its employees to maintain and operate these essential systems.

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Impact




October, 2024

Beechwood Water Supply Corporation plays a crucial role in supplying water and sewer services to Beechwood and the surrounding subdivisions. By ensuring the availability of clean and reliable water, the organization supports the health and well-being of the community. With an annual payroll of $108,089, it contributes to the local economy by providing employment opportunities for residents. Additionally, the corporation invests significantly in resources, spending approximately $76,499 on raw water purchases, which helps maintain the quality and sustainability of the water supply. By fulfilling its mission, Beechwood Water Supply Corporation fosters public benefit and enhances the quality of life for its customers in Hemphill, Texas.




This information is meant to be a general summary of Beechwood 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
$457,932 (2022)
Expenses
$435,782 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $437,932
  • Gross Receipts: $457,932

Assets and Liabilities:

  • Total Assets: $1,715,493
  • Total Liabilities: $772,358
  • Net Assets: $943,135

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Programs

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

UTILITIES

Revenue

$437,932

Organization Details

Principal Officer

Chad Prewitt

Main Address

PO Box 270, Hemphill, TX, 759480270

NTEE Category

Code: W80 - Public benefit

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