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Possum Kingdom Water Supply Corporation

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

EIN: 752429778 ✦ Grayford, TX ✦ Designated as a 501(c)(12)

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Overview

What is Possum Kingdom Water Supply Corporation?

Possum Kingdom Water Supply Corporation is a nonprofit organization located in Graford, Texas, specifically at 1170 Willow Road, 76449. Its primary objective is to offer a cost-effective water supply system for the residents of the Lake Possum Kingdom area, where municipal water is not readily available. This is achieved through its mission to provide low-cost water services to the community residing in this zone. With a workforce of ten dedicated individuals, the corporation ensures the provision of essential water needs, contributing positively to the local community's well-being.


Official website here: www.pkwatersupply.com

What do the Facebook reviews say about Possum Kingdom Water Supply Corporation?

Possum Kingdom Water Supply Corporation has received positive comments from its users, highlighting their appreciation for the service provided. One reviewer expressed gratitude for the hard work and dedication of the staff during challenging times, reflecting a sentiment of trust and reliability.

Even though the corporation currently has only a couple of reviews, the feedback showcases a sense of community support and satisfaction with the ongoing efforts to maintain services. Overall, it appears that those who have interacted with the organization feel valued and supported during difficult situations.


This AI summary has been generated from reviews found on Facebook.

Is Possum Kingdom Water Supply Corporation legitimate?

Possum Kingdom Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Possum Kingdom 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: $527,514

For more financial information, click here


Official website here: www.pkwatersupply.com

What is the mission statement of Possum Kingdom Water Supply Corporation?

The Possum Kingdom Water Supply Corporation's mission is centered around providing affordable water services to the residents residing in the Possum Kingdom Lake area. When municipal water is not an option, this organization steps in to ensure a reliable and cost-effective water supply system is in place. Their primary goal is to enhance the lives of these residents by meeting their water needs effectively. The corporation's activities are primarily focused on establishing and maintaining a low-cost water supply infrastructure to cater to the area's residents.


Official website here: www.pkwatersupply.com

What is the revenue of Possum Kingdom Water Supply Corporation?

Possum Kingdom Water Supply Corporation's revenue in 2024 was $4,572,575.


Official website here: www.pkwatersupply.com

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

The average compensation at Possum Kingdom Water Supply Corporation during 2024 was $52,751. There are 10 employees at Possum Kingdom Water Supply Corporation.

Here are 9 key members and their salaries:


R Dale Bankhead (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Burdick (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Cathey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosendo Ferrer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Fulford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monty Jasper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Patton (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Stubbs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Urban (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pkwatersupply.com

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

Possum Kingdom Water Supply Corporation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.pkwatersupply.com

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

Mission Statement of Possum Kingdom Water Supply Corporation

The Possum Kingdom Water Supply Corporation is dedicated to providing a budget-friendly water supply service to the residents residing in the Poison Kingdom Lake region. The organization's primary mission is to establish a low-cost water supply system in this area, where municipal water sources are unavailable. This initiative aims to ensure that residents of the Poison Kingdom Lake area have reliable and affordable access to water, thereby enhancing their overall living conditions.

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Impact




October, 2024

Possum Kingdom Water Supply Corporation plays a crucial role in ensuring that residents of the Possum Kingdom Lake area have access to affordable water services. By providing a reliable water supply system in an area where municipal water is not available, it addresses the essential needs of the community. This access to low-cost water services enhances the quality of life for residents, supporting health and well-being. In a region where water is a vital resource, the organization's efforts contribute significantly to the sustainability and development of the local community.




This information is meant to be a general summary of Possum Kingdom 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
$4,572,575 (2024)
Expenses
$3,592,273 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $447,249
  • Program Service Revenue: $3,462,806
  • Gross Receipts: $4,572,575

Assets and Liabilities:

  • Total Assets: $24,632,138
  • Total Liabilities: $5,183,970
  • Net Assets: $19,448,168

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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

$3,462,806

Organization Details

Founding Year

2002

Principal Officer

Sue Cathey

NTEE Category

Code: K20 - Food

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