Millsap Water Supply Corporation

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

EIN: 756036958 ✦ Millsap, TX ✦ Designated as a 501(c)(12)

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Overview

What is Millsap Water Supply Corporation?

Millsap Water Supply Corporation is a nonprofit organization situated in Millsap, Texas. With a modest workforce of eight individuals, their primary mission is to ensure the provision of affordable rural water services to the community, as municipal water is not readily available in the area. Their activities are centered around this mission, incurring necessary expenses to accomplish this goal. They serve the Millsap area and its surroundings, striving to meet the essential water needs of their community.

Is Millsap Water Supply Corporation legitimate?

Millsap Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Millsap 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: $57,136

For more financial information, click here

What is the mission statement of Millsap Water Supply Corporation?

The Millsap Water Supply Corporation's mission is focused on providing affordable rural water supply, as municipal water is not readily available in certain areas. This corporation strives to meet this need by incurring the necessary expenses to ensure the provision of low-cost water to the residents of Millsap, Texas, and its surrounding regions.

Who is the CEO of Millsap Water Supply Corporation?

Jamie French is the Member of Millsap Water Supply Corporation.

What is the revenue of Millsap Water Supply Corporation?

Millsap Water Supply Corporation's revenue in 2022 was $758,432.

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

The average compensation at Millsap Water Supply Corporation during 2022 was $7,142. There are 8 employees at Millsap Water Supply Corporation.


Here are 7 key members and their salaries:


Kenneth Barnes (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Freeman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Matthews (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Young (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie French (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Griffin (Sec./Treas.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Schrick (Vice Pres.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Millsap Water Supply Corporation?

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

Mission Statement of Millsap Water Supply Corporation

Millsap Water Supply Corporation, as a non-profit organization, is committed to providing affordable rural water supplies where municipal water is unavailable. Their mission is centered around ensuring that residents in these areas have access to clean and affordable water resources, thereby enhancing their standard of living. The corporation incurs various expenses in the pursuit of this objective, serving the community of Millsap, Texas, and its surrounding areas.

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Impact




October, 2024

Millsap Water Supply Corporation plays a crucial role in enhancing the quality of life for residents in Millsap, Texas, and its surrounding areas by providing low-cost rural water services. In regions where municipal water systems are lacking, the Corporation ensures that access to water is not a barrier for community members. By effectively managing operational expenses while delivering essential water services, Millsap Water Supply Corporation supports local households and encourages sustainable living practices. The availability of affordable water resources fosters community development, public health, and overall well-being in this rural setting.




This information is meant to be a general summary of Millsap 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
$758,432 (2022)
Expenses
$613,255 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $194
  • Program Service Revenue: $664,344
  • Gross Receipts: $758,432

Assets and Liabilities:

  • Total Assets: $1,284,505
  • Total Liabilities: $32,482
  • Net Assets: $1,252,023

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Programs

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

RURAL WATER SALES

Revenue

$664,344

Organization Details

Founding Year

1983

Principal Officer

Jamie French

Main Address

PO BOX 158, MILLSAP, TX, 76066

NTEE Category

Code: W80 - Public benefit

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