Walnut Cove Water Supply Corporation

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

EIN: 760364132 ✦ Willis, TX ✦ Designated as a 501(c)(12)

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Overview

What is Walnut Cove Water Supply Corporation?

Walnut Cove Water Supply Corporation is a public utilities organization situated within the community. Their primary mission is to offer essential water and sewer services to local homeowners, functioning as a vital resource for the community's needs. As a nonprofit entity, this corporation is committed to providing reliable and necessary water services to its residents.

Is Walnut Cove Water Supply Corporation legitimate?

Walnut Cove Water Supply Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Walnut Cove 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

For more financial information, click here

What is the mission statement of Walnut Cove Water Supply Corporation?

The Walnut Cove Water Supply Corporation, functioning as a public utilities organization, is dedicated to serving the community by providing essential water and sewer services to homeowners. Its primary mission is to ensure the availability and quality of these essential resources, thereby contributing to the well-being and convenience of the community members. The corporation aims to manage its water supply operations efficiently, ensuring a reliable and consistent supply to its customers. Additionally, it is committed to maintaining the necessary infrastructure and implementing appropriate measures to ensure the environmental sustainability of its water supply operations.

Who is the CEO of Walnut Cove Water Supply Corporation?

Arthur Buckner is the Director of Walnut Cove Water Supply Corporation.

What is the revenue of Walnut Cove Water Supply Corporation?

Walnut Cove Water Supply Corporation's revenue in 2022 was $1,078,721.

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


Here are 4 key members and their salaries:


Michelle Torres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Buckner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Bonnette (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Ridge (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Walnut Cove Water Supply Corporation?

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

Mission Statement of Walnut Cove Water Supply Corporation

Walnut Cove Water Supply Corporation, as a public utilities organization, is dedicated to serving the community by providing essential water and sewer services. Its primary mission is to ensure that homeowners have reliable access to these necessary resources, acting as a vital lifeline for the community. By offering these services, the corporation plays a crucial role in maintaining the comfort and well-being of the community members.

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Impact




October, 2024

Walnut Cove Water Supply Corporation plays a vital role in the community by delivering essential water and sewer services to residents in Willis, Texas. By ensuring access to clean and reliable water, the organization supports public health and promotes the well-being of homeowners. The reliable provision of these utilities contributes to the overall quality of life in the area, fostering a safe and healthy environment for families and individuals. Additionally, as a key public utilities provider, Walnut Cove Water Supply Corporation helps to sustain the local infrastructure, supporting both residential and community needs.




This information is meant to be a general summary of Walnut Cove 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
$1,078,721 (2022)
201120122013201420152016201720182019202020212022$0$300k$600k$900k$1.2M
Expenses
$689,253 (2022)
201120122013201420152016201720182019202020212022$0$200k$400k$600k$800k
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $69
  • Program Service Revenue: $1,078,652
  • Gross Receipts: $1,078,721

Assets and Liabilities:

  • Total Assets: $1,282,276
  • Total Liabilities: $253,889
  • Net Assets: $1,028,387

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Programs

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

WATER & SEWER FEES

Revenue

$825,255

RECONNECT & TAP FEES

Revenue

$195,895

MEMBERSHIP FEES & NEW

Revenue

$32,130

LATE FEES & SERVICE CA

Revenue

$15,442

MISCELLANEOUS INCOME

Revenue

$9,930

Organization Details

Founding Year

1993

Principal Officer

Arthur Buckner

Main Address

PO BOX 187, WILLIS, TX, 77378

NTEE Category

Code: W80 - Public benefit

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