Hilltop Lakes Water Supply Corp

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

EIN: 760581606 ✦ Hilltop lakes, TX ✦ Designated as a 501(c)(12)

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Overview

What is Hilltop Lakes Water Supply Corp?

Hilltop Lakes Water Supply Corp is a nonprofit organization, dedicate to serving the local community, particularly its rural areas. Their primary mission is to ensure a continuous supply of clean water to its members, which is essential for daily living. The corporation's core activity revolves around providing this vital resource to the rural community members, making a significant difference in their lives.

Is Hilltop Lakes Water Supply Corp legitimate?

Hilltop Lakes Water Supply Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Hilltop Lakes 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: $193,040

For more financial information, click here

What is the mission statement of Hilltop Lakes Water Supply Corp?

The mission of Hilltop Lakes Water Supply Corp, in simple terms, is centered around providing water to the local rural community. This organization is dedicated to ensuring that members of rural communities have a reliable source of water. They strive to meet this objective through various means, continually working towards the provision of water to these communities.

Who is the CEO of Hilltop Lakes Water Supply Corp?

Floyd Garrison is the President of Hilltop Lakes Water Supply Corp.

What is the revenue of Hilltop Lakes Water Supply Corp?

Hilltop Lakes Water Supply Corp's revenue in 2022 was $540,394.

Who are the executives of Hilltop Lakes Water Supply Corp and what are their salaries?

The average compensation at Hilltop Lakes Water Supply Corp during 2022 was $32,173. There are 6 employees at Hilltop Lakes Water Supply Corp.


Here are 6 key members and their salaries:


Floyd Garrison (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Cornelius (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Smith (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Ridgway (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Owen Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Rowe (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hilltop Lakes Water Supply Corp?

Hilltop Lakes Water Supply Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hilltop Lakes Water Supply Corp

Hilltop Lakes Water Supply Corp is committed to serving the water needs of its rural community members. This organization's mission is clearly stated as providing water to the local community. In simpler terms, Hilltop Lakes Water Supply Corp is dedicated to ensuring a constant water supply for the residents living in rural areas, ensuring their basic necessities are met. By providing this essential resource, the corporation contributes to the well-being and livelihood of its community members, making their daily lives more comfortable and sustainable.

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Impact




October, 2024

Hilltop Lakes Water Supply Corp plays a crucial role in ensuring access to clean and reliable water for the residents of Hilltop Lakes, Texas. By delivering essential water services to rural community members, it enhances the quality of life and supports economic stability in the area. The organization is dedicated to meeting the water needs of its community, which is vital for health, agriculture, and overall development. Through its efforts, Hilltop Lakes Water Supply Corp fosters a strong sense of community and mutual benefit, addressing the unique challenges faced by rural populations in securing sustainable water resources.




This information is meant to be a general summary of Hilltop Lakes 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
$540,394 (2022)
Expenses
$429,267 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,117
  • Program Service Revenue: $500,976
  • Gross Receipts: $540,394

Assets and Liabilities:

  • Total Assets: $1,392,893
  • Total Liabilities: $67,455
  • Net Assets: $1,325,438

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Programs

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

GARBAGE COLLECTION

Revenue

$30,285

WATER SALES

Revenue

$470,691

Organization Details

Founding Year

1998

Principal Officer

Floyd Garrison

Main Address

PO BOX 1460, HILLTOP LAKES, TX, 77871

NTEE Category

Code: Y22 - Mutual benefit

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