Pascoag Utility District

Pascoag Utility District

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

EIN: 050517079 ✦ Pascoag, RI ✦ Designated as a 501(c)(12)

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Overview

What is Pascoag Utility District?

Pascoag Utility District is a local utility service provider, established in the small villages of Pascoag and Harrisville, Rhode Island. With a team of 19 dedicated individuals, this nonprofit organization offers two essential services: electricity and water. Specifically, they provide electricity to both villages and manage the water supply within Pascoag village itself. Their mission is centered around ensuring reliable and necessary utilities for these communities, contributing to the overall well-being and comfort of the residents.


Official website here: www.pud-ri.org

Is Pascoag Utility District legitimate?

Pascoag Utility District is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pascoag Utility District 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: $904,346

For more financial information, click here


Official website here: www.pud-ri.org

What is the mission statement of Pascoag Utility District?

The Pascoag Utility District's primary role is to supply both electric and water utility services within its jurisdiction. Specifically, it provides electric services to the villages of Pascoag and Harrisville, and water services exclusively to the village of Pascoag. In essence, the organization is dedicated to ensuring reliable and essential utility services for the communities it serves.


Official website here: www.pud-ri.org

Who is the CEO of Pascoag Utility District?

Linda Ann Laporte is the Chairman of Pascoag Utility District.


Official website here: www.pud-ri.org

What is the revenue of Pascoag Utility District?

Pascoag Utility District's revenue in 2022 was $10,094,239.


Official website here: www.pud-ri.org

Who are the executives of Pascoag Utility District and what are their salaries?

The average compensation at Pascoag Utility District during 2022 was $47,597. There are 19 employees at Pascoag Utility District.


Here are 15 key members and their salaries:


Albert G Palmisciano (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Lees (Member)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
John Blodgett (Member)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
John Demelim (Member)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Michael Kogut (Vice Chairman)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Linda Laporte (Treasurer)
  • Compensation: $1,560
  • Related: $0
  • Other: $0
Jack Griffin (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Trinque (District Moderator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kirkwood (General Manager)
  • Compensation: $153,671
  • Related: $0
  • Other: $0
William Guertin (Assistant General Manager)
  • Compensation: $119,908
  • Related: $0
  • Other: $0
Christopher Piccardi (Employee)
  • Compensation: $109,878
  • Related: $0
  • Other: $0
Craig Koprusak (Employee)
  • Compensation: $101,526
  • Related: $0
  • Other: $0
Harle Young (Manager Of Finance & Custo)
  • Compensation: $108,176
  • Related: $0
  • Other: $0
Douglas Menard (Employee)
  • Compensation: $106,703
  • Related: $0
  • Other: $0
Glen Derby (Employee)
  • Compensation: $105,105
  • Related: $0
  • Other: $0


Official website here: www.pud-ri.org

Where can I find the form 990 for Pascoag Utility District?

Pascoag Utility District's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pud-ri.org

Learn more at the official website: www.pud-ri.org

Mission Statement of Pascoag Utility District

Pascoag Utility District, a utility service provider, is dedicated to meeting the needs of the villages of Pascoag and Harrisville, Rhode Island. Specifically, the organization provides essential electric services to the residents of both villages. Additionally, it extends its utility services to the village of Pascoag, offering water services to the community. By ensuring the reliable delivery of these essential utilities, Pascoag Utility District contributes significantly to the overall well-being and comfort of the communities it serves.

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Impact




October, 2024

Pascoag Utility District plays a vital role in the community by providing essential water and electric utility services to the villages of Pascoag and Harrisville, Rhode Island. Its focus is on ensuring reliable access to electricity and clean water, which are critical for daily life and economic stability in the region. By delivering these services, Pascoag Utility District supports not only residents but also local businesses, contributing to the overall quality of life and fostering community development. Its commitment to serving these communities enhances public welfare and promotes sustainable growth in Pascoag and Harrisville.




This information is meant to be a general summary of Pascoag Utility District. 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
$10,094,239 (2022)
Expenses
$9,946,092 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $76,913
  • Program Service Revenue: $9,801,206
  • Gross Receipts: $10,094,239

Assets and Liabilities:

  • Total Assets: $19,781,769
  • Total Liabilities: $7,059,000
  • Net Assets: $12,722,769

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Programs

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

OPERATING INCOME

Revenue

$9,801,206

Organization Details

Founding Year

2001

Principal Officer

Linda Ann Laporte

Main Address

253 PASCOAG MAIN ST PO BOX 107, PASCOAG, RI, 02859

NTEE Category

Code: Y22 - Mutual benefit

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