Overview
What is Mooretex Water Supply Corporation?
Mooretex Water Supply Corporation is a community-focused organization situated in rural Moore County, Texas. Their primary function is to provide a reliable water supply service to local landowners. Their operation is overseen by a board of directors, who determine the cost of the service and establish minimum maintenance fees. The corporation's mission revolves around offering community water system services, ensuring the residents in this rural area have access to clean and safe water for their domestic needs.
Is Mooretex Water Supply Corporation legitimate?
Mooretex Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mooretex 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: $0
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What is the mission statement of Mooretex Water Supply Corporation?
The Mooretex Water Supply Corporation is dedicated to providing community water system services, specifically in rural areas. Their mission is to ensure a reliable domestic water supply for the landowners in this region. The fees for this service are determined by the corporation's board of directors, taking into account the cost of maintenance and other necessary expenses. The corporation strives to deliver water services efficiently and effectively, contributing to the overall well-being of the rural community.
Who is the CEO of Mooretex Water Supply Corporation?
Tom Ferguson is the President of Mooretex Water Supply Corporation.
What is the revenue of Mooretex Water Supply Corporation?
Mooretex Water Supply Corporation's revenue in 2022 was $68,709.
Who are the executives of Mooretex Water Supply Corporation and what are their salaries?
Here are 2 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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Where can I find the form 990 for Mooretex Water Supply Corporation?
Mooretex Water Supply Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mooretex Water Supply Corporation
Mooretex Water Supply Corporation is dedicated to providing essential community water system services in rural Moore County, Texas. Their mission is centered around ensuring that all landowners in the region have a reliable source of domestic water supply. The corporation establishes fees for this service, maintaining a balance between cost and minimal maintenance expenses, as decided by their Board of Directors. The corporation's role is pivotal in supporting the rural housing development in the area, ensuring a consistent and safe water supply for its residents.
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Impact
October, 2024
Mooretex Water Supply Corporation plays a crucial role in providing reliable community water system services in rural Moore County, Texas. By catering to all landowners in the area, it facilitates access to essential domestic water supply, which is vital for daily living and rural development. The organization establishes fees at cost, ensuring affordability while maintaining the quality of service. Its impact extends beyond mere water provision; it supports rural housing development and contributes to the overall well-being of the community, promoting sustainability and enhancing the quality of life for residents.
This information is meant to be a general summary of Mooretex 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $68,709
- Gross Receipts: $68,709
Assets and Liabilities:
- Total Assets: $20,181
- Total Liabilities: $74,527
- Net Assets: -$54,346
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES
Revenue
$68,709
Organization Details
Founding Year
1994
Phone
(806) 935-7364Principal Officer
Tom Ferguson
Main Address
PO BOX 621, DUMAS, TX, 79029
NTEE Category
Code: W80 - Public benefit
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