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:
- Compensation: $78,940
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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.
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
Phone
(801) 876-3895Principal Officer
Michael Johanson
Main Address
4000 W OLD HIGHWAY ROAD, MOUNTAIN GREEN, UT, 84050
Website
www.cottonwoodwater.comNTEE Category
Code: C32 - Environment
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