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Cottonwood Mutual Water Company

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

EIN: 201880254 ✦ Mountain green, UT ✦ Designated as a 501(c)(12)

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Overview

What is Cottonwood Mutual Water Company?

Cottonwood Mutual Water Company is a utility company based in Mountain Green, Utah, with a zip code of 84050. Its primary mission is to supply culinary water to its customers residing in Morgan County, Utah. The company manages a water system for this purpose and also holds water rights to ensure a consistent water supply. In terms of operational structure, the company operates somewhat similarly to a mutual ditch company, distributing water to its users within its service area. With a staff of 4 employees, Cottonwood Mutual Water Company's focus is on maintaining a reliable water source for its customers.


Official website here: www.cottonwoodwater.com

Is Cottonwood Mutual Water Company legitimate?

Cottonwood Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cottonwood Mutual Water Company 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: $127,174

For more financial information, click here


Official website here: www.cottonwoodwater.com

What is the mission statement of Cottonwood Mutual Water Company?

The Cottonwood Mutual Water Company operates with the aim of supplying culinary water to its customers in a specified region. It maintains a water system to ensure a constant water supply and acquires and maintains water rights to ensure sustainability. The company functions in a manner similar to a mutual ditch company, providing water to the users within its service area. Its mission can be summarized as being dedicated to delivering water for domestic use in a responsible and sustainable manner.


Official website here: www.cottonwoodwater.com

Who is the CEO of Cottonwood Mutual Water Company?

Michael Johanson is the President/Ma of Cottonwood Mutual Water Company.


Official website here: www.cottonwoodwater.com

What is the revenue of Cottonwood Mutual Water Company?

Cottonwood Mutual Water Company's revenue in 2022 was $693,421.


Official website here: www.cottonwoodwater.com

Who are the executives of Cottonwood Mutual Water Company and what are their salaries?

The average compensation at Cottonwood Mutual Water Company during 2022 was $31,794. There are 4 employees at Cottonwood Mutual Water Company.


Here are 5 key members and their salaries:


Michael Johanson (President/Ma)
  • Compensation: $78,940
  • Related: $0
  • Other: $0
Heidi Dorius (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Dorius (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blaine Murray (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earlene Lee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cottonwoodwater.com

Where can I find the form 990 for Cottonwood Mutual Water Company?

Cottonwood Mutual Water Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cottonwoodwater.com

Learn more at the official website: www.cottonwoodwater.com

Mission Statement of Cottonwood Mutual Water Company

Cottonwood Mutual Water Company, a utility company based in Utah, is dedicated to providing culinary water to its customers within Morgan County. The company operates a system for providing water and acquires and maintains water rights to ensure a consistent supply. In essence, it functions similarly to a mutual ditch company, serving its customers within the designated service area. The company's mission is to deliver clean, reliable water to its users, ensuring their daily needs are met with a water supply they can trust.

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Impact




June, 2024

Cottonwood Mutual Water Company plays a crucial role in providing culinary water to its customers in Morgan County, Utah. By maintaining a culinary water system and acquiring and managing water rights, the company ensures that residents have access to quality water resources for their daily needs. Operating in a manner similar to a mutual ditch company, Cottonwood Mutual Water Company contributes to the sustainability of the local water supply and the overall well-being of the community it serves. Its impact on the environment is significant, as it helps support water resources in the area.




This information is meant to be a general summary of Cottonwood Mutual Water Company. 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
$693,421 (2022)
Expenses
$708,621 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,821
  • Program Service Revenue: $684,595
  • Gross Receipts: $701,221

Assets and Liabilities:

  • Total Assets: $4,717,870
  • Total Liabilities: $564,583
  • Net Assets: $4,153,287

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Programs

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

WATER SALES

Revenue

$638,938

CONNECTION FEES

Revenue

$27,000

STANDBY FEES

Revenue

$12,915

OTHER

Revenue

$3,227

INSPECTION FEES

Revenue

$2,515

Organization Details

Founding Year

2013

Principal Officer

Michael Johanson

Main Address

4000 W OLD HIGHWAY ROAD, MOUNTAIN GREEN, UT, 84050

NTEE Category

Code: C32 - Environment

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