Burns Redbank Water Supply Corp

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

EIN: 752285046 ✦ Hooks, TX ✦ Designated as a 501(c)(12)

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Overview

What is Burns Redbank Water Supply Corp?

Burns Redbank Water Supply Corp is a nonprofit organization, specifically focused on providing rural water sales. While limited information is available, it can be inferred that their mission is to ensure a reliable water supply for rural areas. The organization's primary activity revolves around this mission, offering water services to meet the needs of rural communities. However, further details about their reach, initiatives, or additional programs are not specified in the provided information.

Is Burns Redbank Water Supply Corp legitimate?

Burns Redbank Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Burns Redbank Water Supply Corp 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: $1,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,914

For more financial information, click here

What is the mission statement of Burns Redbank Water Supply Corp?

The Burns Redbank Water Supply Corp's primary mission is centered around providing rural water sales. In essence, their role is to ensure the supply of potable water to rural communities. This organization does not disclose specific details about its advocacy or support initiatives, but its main focus is clear: to cater to the water needs of rural areas. It's important to note that the provided information is limited, and further details about the corporation's mission, such as community involvement or research into water conservation, are not available.

Who is the CEO of Burns Redbank Water Supply Corp?

Doug Kyles is the Secretary/Tr of Burns Redbank Water Supply Corp.

What is the revenue of Burns Redbank Water Supply Corp?

Burns Redbank Water Supply Corp's revenue in 2022 was $424,628.

Who are the executives of Burns Redbank Water Supply Corp and what are their salaries?

The average compensation at Burns Redbank Water Supply Corp during 2022 was $30,218. There are 4 employees at Burns Redbank Water Supply Corp.


Here are 6 key members and their salaries:


Joyce Brown (Secretary/Tr)
  • Compensation: $420
  • Related: $0
  • Other: $0
Doug Kyles (President)
  • Compensation: $420
  • Related: $0
  • Other: $0
John Bodie (Director)
  • Compensation: $385
  • Related: $0
  • Other: $0
Larry Swift (Director)
  • Compensation: $385
  • Related: $0
  • Other: $0
Jimmie C Rains (Vice Preside)
  • Compensation: $315
  • Related: $0
  • Other: $0
Kathy Allen (Director)
  • Compensation: $35
  • Related: $0
  • Other: $0
Where can I find the form 990 for Burns Redbank Water Supply Corp?

Burns Redbank Water Supply Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Burns Redbank Water Supply Corp

Burns Redbank Water Supply Corp, as its mission statement suggests, is dedicated to providing rural water sales. In simpler terms, this nonprofit organization is committed to ensuring a reliable source of water for rural communities. It operates with the goal of meeting the water needs of these areas, thus playing a crucial role in their overall well-being and development. By providing rural water sales, Burns Redbank Water Supply Corp contributes to the sustainability and livelihood of the communities it serves.

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Impact




October, 2024

Burns Redbank Water Supply Corp plays a vital role in providing access to clean and reliable water for rural communities in Hooks, Texas. By focusing on rural water sales, the organization ensures that residents have an essential resource necessary for everyday living. This service not only supports hydration and sanitation but also contributes to public health and well-being in the area.

The mission of Burns Redbank Water Supply Corp is integral in addressing the unique challenges faced by rural populations, where access to safe drinking water can often be limited. By reliably supplying water, the corporation aids in fostering community development and resilience, ultimately enhancing the quality of life for its residents.




This information is meant to be a general summary of Burns Redbank Water Supply Corp. 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
$424,628 (2022)
Expenses
$487,992 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $429
  • Program Service Revenue: $424,199
  • Gross Receipts: $424,628

Assets and Liabilities:

  • Total Assets: $750,923
  • Total Liabilities: $65,012
  • Net Assets: $685,911

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Programs

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

INCOME - WATER

Revenue

$405,662

LATE CHARGES

Revenue

$7,880

TAP FEES

Revenue

$7,632

MEMBERSHIP FEES

Revenue

$2,400

NON-REFUNDABLE RENTER FEE

Revenue

$475

Organization Details

Founding Year

1968

Principal Officer

Doug Kyles

Main Address

POBOX 907, HOOKS, TX, 75561

NTEE Category

Code: W80 - Public benefit

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