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Water Compass Inc

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

EIN: 812220537 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Water Compass Inc?

Water Compass Inc is a nonprofit organization situated in Boston, Massachusetts. Their primary mission is to combat diseases by providing clean water, enhancing sanitation, and promoting hygiene in rural communities in Uganda. To achieve this, they construct and operate solar-powered water supply systems. In 2022, they constructed one such system, making a total of four operational systems that serve approximately 4,000 people. These systems have collectively provided over 6.19 million liters of clean water, significantly improving the lives of these communities. With a small team of just one employee, Water Compass Inc continues to make a significant impact in ensuring access to clean water, a fundamental necessity for health and wellbeing.


Official website here: www.watercompass.org

Is Water Compass Inc legitimate?

Water Compass Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Water Compass Inc 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: $36,000
Professional Fundraising Fees: $20,250
Other Salaries and Wages: $51,691

For more financial information, click here


Official website here: www.watercompass.org

What is the mission statement of Water Compass Inc?

Water Compass Inc's mission is focused on preventing diseases by ensuring access to clean water, improving sanitation, and promoting hygiene. They achieve this by constructing and operating solar-powered water supply systems in rural communities, as demonstrated by the construction of one such system in 2022, expanding their operation to serve approximately 4000 people and providing over 6,195,000 liters of clean water in a year.


Official website here: www.watercompass.org

Who is the CEO of Water Compass Inc?

Tim Martin is the Treasurer of Water Compass Inc.


Official website here: www.watercompass.org

What is the revenue of Water Compass Inc?

Water Compass Inc's revenue in 2022 was $263,507.


Official website here: www.watercompass.org

Who are the executives of Water Compass Inc and what are their salaries?

The average compensation at Water Compass Inc during 2022 was $87,691. There is 1 employee at Water Compass Inc.


Here are 10 key members and their salaries:


Edward Morgan (Board Chair And Executive Director)
  • Compensation: $36,000
  • Related: $0
  • Other: $0
Matt Streisfeld (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Martin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isha Nirola (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bronwyn Nichol (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iain Cox (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Guillemette (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Busulwa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Turner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.watercompass.org

Where can I find the form 990 for Water Compass Inc?

Water Compass Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.watercompass.org

Learn more at the official website: www.watercompass.org

Mission Statement of Water Compass Inc

Water Compass Inc, a nonprofit organization, is dedicated to preventing disease by ensuring access to clean water, improved sanitation, and promoting hygiene practices. Their mission is to construct and operate solar-powered water supply systems in rural communities in Uganda. In 2022, they built one such system, increasing their operational total to four. These systems serve approximately 4,000 people, providing over 6,195,000 liters of clean water annually. By implementing these water systems, Water Compass Inc plays a significant role in enhancing public health and well-being in the communities they serve.

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Impact




October, 2024

Water Compass Inc has made a significant impact by providing clean water to rural communities in Uganda. The organization focuses on building and operating solar-powered water supply systems, which are essential for preventing disease and promoting better hygiene and sanitation. In 2022 alone, they constructed a new water system, bringing their total to four systems currently operational. These systems collectively serve approximately 4,000 people, delivering over 6,195,000 liters of clean water in a single year. This initiative not only improves health outcomes but also enhances the quality of life for the communities served by ensuring access to safe drinking water and fostering better sanitation practices.




This information is meant to be a general summary of Water Compass Inc. 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
$263,507 (2022)
Expenses
$204,392 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $7,556
  • Gross Receipts: $263,507

Assets and Liabilities:

  • Total Assets: $126,804
  • Total Liabilities: $12,972
  • Net Assets: $113,832

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Programs

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

SALE OF WATER REVENUE

Revenue

$7,556

Organization Details

Founding Year

2016

Principal Officer

Tim Martin

Main Address

505 TREMONT ST UNIT 411, BOSTON, MA, 02116

NTEE Category

Code: Q33 - International

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