Overview
What is Wichita Valley Water Supply Corporation?
Wichita Valley Water Supply Corporation, situated in Holliday, Texas, is a dedicated water supply company. Its primary objective is to procure and dispense treated water, catering to the needs of rural households and businesses within its membership. This essential service ensures that these communities have a reliable water source for their daily activities. In addition to water distribution, the corporation may have programs aimed at enhancing this service further. However, the specific details regarding these programs are not provided in the information.
Is Wichita Valley Water Supply Corporation legitimate?
Wichita Valley Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Wichita Valley 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: $97,481
Professional Fundraising Fees: $0
Other Salaries and Wages: $362,827
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What is the mission statement of Wichita Valley Water Supply Corporation?
The Wichita Valley Water Supply Corporation's mission is centered around providing and distributing treated water. This essential service is intended for rural residences and businesses, ensuring they have access to a reliable water supply. The corporation's activities are geared towards meeting this objective. While specific program details are not provided, it can be inferred that the corporation is committed to delivering water that adheres to appropriate treatment standards, thereby ensuring safe and reliable water supply for its members.
Who is the CEO of Wichita Valley Water Supply Corporation?
Ken Thornton is the President of Wichita Valley Water Supply Corporation.
What is the revenue of Wichita Valley Water Supply Corporation?
Wichita Valley Water Supply Corporation's revenue in 2023 was $2,769,168.
Who are the executives of Wichita Valley Water Supply Corporation and what are their salaries?
The average compensation at Wichita Valley Water Supply Corporation during 2023 was $41,846. There are 11 employees at Wichita Valley Water Supply Corporation.
Here are 8 key members and their salaries:
- Compensation: $93,491
- Related: $0
- Other: $5,609
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Wichita Valley Water Supply Corporation?
Wichita Valley Water Supply Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Wichita Valley Water Supply Corporation
Wichita Valley Water Supply Corporation, as a water supply company, is dedicated to a significant mission. Their primary objective is to provide and distribute treated water, catering to the needs of rural member residences and businesses. By undertaking this mission, they contribute to the essential infrastructure that sustains daily life and economic activities in their respective communities. This mission underscores their commitment to ensuring a reliable water supply, which is a fundamental requirement for health, hygiene, and various industrial processes.
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Impact
October, 2024
Wichita Valley Water Supply Corporation plays a crucial role in ensuring access to safe and reliable treated water for rural communities in and around Holliday, TX. By providing and distributing this essential resource, the corporation directly supports the needs of both residential members and local businesses. Its efforts help enhance the quality of life in rural areas, ensuring that residents have access to clean drinking water and reducing the barriers that often come with water scarcity. Additionally, such access contributes to public health, community development, and economic stability, empowering local businesses to thrive and ensuring that families can enjoy a consistent and dependable water supply.
This information is meant to be a general summary of Wichita Valley 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 2023.
- Investment Income: $5,448
- Program Service Revenue: $2,583,720
- Gross Receipts: $2,769,168
Assets and Liabilities:
- Total Assets: $5,843,635
- Total Liabilities: $962,944
- Net Assets: $4,880,691
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS
Revenue
$1,715
WATER SALES
Revenue
$2,582,005
Organization Details
Founding Year
1965
Phone
(940) 723-6394Principal Officer
Ken Thornton
Main Address
P O BOX 550, HOLLIDAY, TX, 76366
NTEE Category
Code: W80 - Public benefit
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