Overview
What is Massachusetts Water Works Association Inc?
Massachusetts Water Works Association Inc, located in Acton, Massachusetts, is a nonprofit organization dedicated to safeguarding public health and ensuring a clean and ample water supply for the state's consumers. With a mission to foster the development of the drinking water profession, they accomplish this through educational seminars and advocacy efforts. Their primary goal is to promote progress in this field, utilizing a team of five dedicated individuals. Their work plays a vital role in maintaining the health and well-being of Massachusetts residents by ensuring the quality of their drinking water.
Official website here: www.masswaterworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95%
The Massachusetts Water Works Association Inc has received a Four-Star out of Four Star rating from Charity Navigator, with a remarkable score of 95%. This score reflects strong accountability and financial practices, indicating a well-managed organization that effectively utilizes its resources for its mission.
Key strengths include a fully independent board, which comprises 87% independent members, and robust financial oversight, highlighted by an unqualified audit of their financial statements. Additionally, the organization exhibits responsible fiscal management, demonstrated by a low liabilities-to-assets ratio and a high percentage of program expenses directed towards its initiatives.
While the nonprofit shows strong governance and financial health, it is essential for potential donors to continue monitoring its performance over time. The organization appears well-positioned to fulfill its mission, but ongoing transparency and accountability will be crucial for sustained trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Massachusetts Water Works Association Inc legitimate?
Massachusetts Water Works Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Water Works Association 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: $157,467
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,486
For more financial information, click here
Official website here: www.masswaterworks.org
What is the mission statement of Massachusetts Water Works Association Inc?
The Massachusetts Water Works Association Inc's mission is centered around promoting the advancement of the drinking water profession. This is achieved primarily through educational initiatives and advocacy efforts. The organization conducts meetings and educational seminars with the primary purpose of safeguarding public health and ensuring a secure and adequate supply of drinking water for consumers in Massachusetts. By doing so, the Massachusetts Water Works Association Inc contributes to the protection and enhancement of public health, which is of utmost importance for any community.
Official website here: www.masswaterworks.org
Who is the CEO of Massachusetts Water Works Association Inc?
Matthew Pearson is the President of Massachusetts Water Works Association Inc.
Official website here: www.masswaterworks.org
What is the revenue of Massachusetts Water Works Association Inc?
Massachusetts Water Works Association Inc's revenue in 2022 was $736,884.
Official website here: www.masswaterworks.org
Who are the executives of Massachusetts Water Works Association Inc and what are their salaries?
The average compensation at Massachusetts Water Works Association Inc during 2022 was $60,591. There are 5 employees and 141 volunteers at Massachusetts Water Works Association Inc.
Here are 9 key members and their salaries:
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- Compensation: $3,000
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- Compensation: $151,634
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- Other: $2,833
Official website here: www.masswaterworks.org
Where can I find the form 990 for Massachusetts Water Works Association Inc?
Massachusetts Water Works Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.masswaterworks.org
Learn more at the official website: www.masswaterworks.org
Mission Statement of Massachusetts Water Works Association Inc
Massachusetts Water Works Association Inc, as a committed organization, strives to advance the drinking water profession. Their mission is multifaceted, encompassing both education and advocacy. By hosting meetings and educational seminars, they aim to safeguard public health and ensure a reliable supply of clean drinking water for Massachusetts consumers. This mission is instrumental in promoting the development of the drinking water sector, thereby securing the well-being of the community.
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Impact
July, 2024
Massachusetts Water Works Association Inc's impact lies in promoting the advancement of the drinking water profession through education and advocacy. By conducting meetings and educational seminars, the organization protects public health and ensures a safe and sufficient supply of drinking water to consumers in Massachusetts. Through its mission-driven activities, the organization plays a crucial role in safeguarding public health and enhancing the quality of life for residents in the state.
This information is meant to be a general summary of Massachusetts Water Works Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,488
- Program Service Revenue: $677,000
- Gross Receipts: $736,884
Assets and Liabilities:
- Total Assets: $1,221,678
- Total Liabilities: $134,872
- Net Assets: $1,086,806
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION SEMINARS
Revenue
$296,585
CONFERENCES & MEETINGS
Revenue
$153,191
MEMBERSHIP DUES
Revenue
$151,524
SPONSORSHIPS
Revenue
$75,700
Organization Details
Founding Year
1950
Phone
(978) 263-1388Principal Officer
Matthew Pearson
Main Address
PO BOX 1064, ACTON, MA, 01720
Website
www.masswaterworks.orgNTEE Category
Code: W038 - Public benefit
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