Southeast Water Supply Corporation

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

EIN: 752126639 ✦ Centerville, TX ✦ Designated as a 501(c)(12)

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Overview

What is Southeast Water Supply Corporation?

The Southeast Water Supply Corporation is a nonprofit organization, dedicated to serving approximately 1,400 rural residents. Their primary mission is to ensure the provision of clean, potable well water, catering to the unique needs of these rural communities. The corporation operates with a single-minded focus on delivering this essential resource, thereby enhancing the overall quality of life for its members.

Is Southeast Water Supply Corporation legitimate?

Southeast Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Southeast 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: $202,891

For more financial information, click here

What is the mission statement of Southeast Water Supply Corporation?

The Southeast Water Supply Corporation's mission is centered around providing clean drinking water. Specifically, they aim to ensure the availability of potable well water to approximately 1,400 rural members. Their activities are focused on delivering this essential resource, promoting the health and well-being of their community members. The corporation's commitment to its mission is evident in its dedication to providing potable water, repeated consistently in their descriptions.

Who is the CEO of Southeast Water Supply Corporation?

Martin Boren is the President of Southeast Water Supply Corporation.

What is the revenue of Southeast Water Supply Corporation?

Southeast Water Supply Corporation's revenue in 2022 was $3,252,227.

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

The average compensation at Southeast Water Supply Corporation during 2022 was $28,984. There are 7 employees at Southeast Water Supply Corporation.


Here are 7 key members and their salaries:


Ed Mabry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wakefield (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Boren (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bud Pickle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daisy Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Boyd Emal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Hassold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Southeast Water Supply Corporation?

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

Mission Statement of Southeast Water Supply Corporation

Southeast Water Supply Corporation, a nonprofit organization, is dedicated to providing potable water to its rural members. Their mission is centered around ensuring that approximately 1,400 households in rural areas have access to clean and safe drinking water. The corporation's activities are focused on tapping into well water resources and distributing them to its members, thus addressing their fundamental need for potable water. By providing this essential service, Southeast Water Supply Corporation plays a crucial role in enhancing the quality of life for its rural members, ensuring they have access to a basic necessity that is often taken for granted in urban areas.

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Impact




October, 2024

Southeast Water Supply Corporation plays a vital role in ensuring access to clean, potable water for approximately 1,400 rural members in Centerville, Texas. By providing reliable well water resources, the organization significantly enhances the quality of life for residents in these rural areas, promoting health and well-being. Access to safe drinking water is essential for daily living, supporting everything from drinking and cooking to hygiene and sanitation. The Corporation's commitment to this mission fosters community resilience and development, making it an indispensable resource for its members.




This information is meant to be a general summary of Southeast 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
$3,252,227 (2022)
Expenses
$1,166,335 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,025
  • Program Service Revenue: $1,295,423
  • Gross Receipts: $3,252,227

Assets and Liabilities:

  • Total Assets: $11,598,296
  • Total Liabilities: $4,761,683
  • Net Assets: $6,836,613

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Programs

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

METERED WATER SALES

Revenue

$1,212,819

TAP AND INSTALLATION F

Revenue

$46,100

PENALTY AND LATE FEES

Revenue

$29,140

OTHER FEES

Revenue

$7,364

Organization Details

Founding Year

1986

Principal Officer

Martin Boren

Main Address

P O BOX 640, CENTERVILLE, TX, 758330640

NTEE Category

Code: W80 - Public benefit

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