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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Environmental Quality, Protection & Beautification Water Well Trust Inc.

Water Well Trust Inc.

Fiscal year ending 2024. Filed on September 9, 2025.

PO Box 2399
Davidson, North Carolina 28036

Water Well Trust Inc. (EIN: 27-1659354) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Water Well Trust Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 5 total employees. Among the employees shown here, the average compensation is $58,927. The highest compensated employee at Water Well Trust Inc. is Elizabeth McClain with fiscal year 2024 compensation of $93,208. Water Well Trust Inc. changed its name from Water Well Trust Inc. Martens in 2017.

Revenue, expenses, and employee compensation

Revenue

$3,830,696

Expenses

$2,682,630

Employee compensation

$394,162
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Elizabeth McClain
Treasurer
$93,208
$93,208 No related compNo other comp
Margaret Martens
Executive Director
$24,645
$24,645 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Anne Evans
Board Member
Brian Irwin
Vice President
David Rutz
Board Member
H A Mills
President
Jeffrey Williams
Board Member
Jesse Richardson
Secretary
Kevin Koonce
Board Member
Stephen Anderson
Former President

Mission Statement

WATER WELL TRUST INC SHALL PROVIDE EDUCATION AND FINANICAL SUPPORT TO AID DOMESTIC WATER WELL OWNERS AND WATER QUALITY AND QUANTITY PROVIDED BY DOMESTIC WATER WELLS. WATER WELL TRUST INC HAS THE FOLLOWING OBJECTIVES: TO PROVIDE WELLS TO THOSE IN THE UNITED STATES WHO DO NOT HAVE A SAFE DRINKING WATER SUPPLY IN THERIR HOMES; TO PROTECT WELLS BY IDENTFIFYING RESOURCES FOR REHABILITATING EXISTING WELLS OR CONSTRUCTING NEW WELLS WHERE NEEDED; TO PROVIDE SAFE DRINKING WATER TO LOW-INCOME AND MINORITY HOUSEHOLDS IN AREAS BEST SERVED BY WELLS; TO DEVELP PROJECTS THAT USE WELLS AS APART OF AN AFFORDABLE, SAFE DRINKING WATER DELIVERY SYSTEM; AND TO DEVELP AND DELIVER EDUCATIONAL PROGRAMS TO PROMOTE WELLS AND TO PROTECT THE HEALTH AND DRINKING WATER SUPPLIES OF THOSE SERVED BY WELLS; AND TO PROVIDE SYPTIC SYSTEMS TO HOMES THAT ARE IN NEED OF PROPER DISPOSAL OF WASTE WATER.

Revisions to this organization profile

September 9, 2025:
2024 Water Well Trust Inc. 990 filed
June 20, 2024:
2023 Water Well Trust Inc. 990 filed
June 14, 2023:
2022 Water Well Trust Inc. 990 filed

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