Sylvester-Mccaulley Water Supply Corp

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

EIN: 756037008 ✦ Hamlin, TX ✦ Designated as a 501(c)(12)

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Overview

What is Sylvester-Mccaulley Water Supply Corp?

Sylvester-Mccaulley Water Supply Corp is a nonprofit organization situated in Hamlin, Texas. Its primary mission is to provide essential water services to the rural community of Sylvester and McCaulley, Texas. Throughout the year, they purchase and distribute water to their members in the area. Their activities are centered around ensuring a consistent water supply, contributing to the overall well-being and sustainability of the community they serve.

Is Sylvester-Mccaulley Water Supply Corp legitimate?

Sylvester-Mccaulley Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sylvester-Mccaulley 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Sylvester-Mccaulley Water Supply Corp?

The primary mission of Sylvester-Mccaulley Water Supply Corp is to provide reliable water service to its rural area, specifically Sylvester-Mccaulley, Texas. Their objective is centered around supplying water to the community, as indicated by their activities and mission description. Throughout the year, they purchase and sell water to their members, ensuring a consistent water supply within the region. The corporation's mission underscores its commitment to meeting the basic water needs of its community, thereby contributing to their overall well-being.

Who is the CEO of Sylvester-Mccaulley Water Supply Corp?

Marion Reed is the President of Sylvester-Mccaulley Water Supply Corp.

What is the revenue of Sylvester-Mccaulley Water Supply Corp?

Sylvester-Mccaulley Water Supply Corp's revenue in 2022 was $301,273.

Who are the executives of Sylvester-Mccaulley Water Supply Corp and what are their salaries?


Here are 5 key members and their salaries:


Marion Reed (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vance Lakey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rickey Jeffrey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Whitefield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Spencer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sylvester-Mccaulley Water Supply Corp?

Sylvester-Mccaulley Water Supply Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sylvester-Mccaulley Water Supply Corp

Sylvester-Mccaulley Water Supply Corp, as a mission-driven entity, is dedicated to providing water service in a rural area. Their primary objective is to ensure that the community in and around Sylvester and McCaulley, Texas, has access to water. This crucial service is essential for the daily needs and well-being of the locals, and the corporation plays a significant role in meeting this demand. Through the purchase and sale of water during the calendar year, Sylvester-Mccaulley Water Supply Corp contributes to the local community, ensuring a steady water supply for its members.

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Impact




October, 2024

Sylvester-Mccaulley Water Supply Corp plays a crucial role in ensuring access to clean and reliable water for residents in the rural areas of Sylvester and McCaulley, Texas. By purchasing and selling water to its members, the organization addresses a vital need for sustainable water resources in these communities. This service not only supports daily living but also contributes to public health and safety by providing essential water supply that residents can depend on.

The impact extends beyond immediate access to water; it fosters community resilience and enhances the quality of life for individuals and families in the region. Additionally, by maintaining the infrastructure necessary for water distribution, the Corporation helps to stimulate local economies and supports agricultural activities, further integrating its importance within the fabric of the Sylvester-McCaulley area. Through its dedicated efforts, Sylvester-Mccaulley Water Supply Corp exemplifies the significance of reliable water services in promoting public benefit and enhancing community well-being.




This information is meant to be a general summary of Sylvester-Mccaulley 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
$301,273 (2022)
Expenses
$330,428 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $46
  • Program Service Revenue: $301,227
  • Gross Receipts: $301,273

Assets and Liabilities:

  • Total Assets: $467,633
  • Total Liabilities: $213,127
  • Net Assets: $254,506

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Programs

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

LATE PAYMENT FEES

Revenue

$2,870

Membership Dues & Assessments

Revenue

$1,825

MISCELLANEOUS

Revenue

$113

RECONNECT FEES

Revenue

$600

WATER REVENUE

Revenue

$295,819

Organization Details

Founding Year

1962

Principal Officer

Marion Reed

Main Address

PO BOX 482, HAMLIN, TX, 79520

NTEE Category

Code: W80 - Public benefit

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