Forest Lakes Water Co

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

EIN: 222065366 ✦ Andover, NJ ✦ Designated as a 501(c)(12)

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Overview

What is Forest Lakes Water Co?

Forest Lakes Water Co is a nonprofit organization that serves as the water provider for 412 families who are part of a Homeowners Association. Their primary mission is to ensure a steady water supply for these families, fulfilling their essential hydration needs. The company is dedicated to delivering this service with a robust commitment to its community members.

Is Forest Lakes Water Co legitimate?

Forest Lakes Water Co is a legitimate nonprofit organization registered as a 501(c)(12) entity. Forest Lakes Water Co 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: $33,360

For more financial information, click here

What is the mission statement of Forest Lakes Water Co?

Forest Lakes Water Company's mission is centered around serving its member families within the Homeowners Association. The primary objective of this water service provider is to ensure the availability of water for these 412 families, thus fulfilling its mission statement. Forest Lakes Water Company operates with the aim of providing reliable water service to its clientele, thereby contributing to the well-being and comfort of the households it serves. By doing so, the company upholds its commitment to its mission, which is to cater to the water needs of its member families.

What is the revenue of Forest Lakes Water Co?

Forest Lakes Water Co's revenue in 2023 was $165,406.

Who are the executives of Forest Lakes Water Co and what are their salaries?

The average compensation at Forest Lakes Water Co during 2023 was $8,340. There are 4 employees at Forest Lakes Water Co.

Here are 5 key members and their salaries:


Robert Chozick (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Gartland (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Alcock (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Quirk (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcdonough (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Forest Lakes Water Co?

Forest Lakes Water Co's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Forest Lakes Water Co

Forest Lakes Water Co, as a mission-driven organization, is committed to serving the water needs of its 412 consumer family members who are part of the Homeowners Association. The company's primary objective is to ensure a reliable and consistent water supply for these families, thereby fulfilling its core duty. Forest Lakes Water Co operates with a customer-centric approach, prioritizing the needs and satisfaction of its members. The company's mission is not just about providing water, but about maintaining a high standard of service and ensuring the well-being of its community.

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Impact




October, 2024

Forest Lakes Water Co significantly contributes to the well-being of the community in Andover, NJ, by providing essential water services to 412 consumer families. By ensuring a reliable supply of water, the organization supports the health and daily activities of its members, facilitating everything from basic hygiene to cooking and leisure activities. This commitment to service strengthens community ties and enhances the quality of life for residents, ensuring that families have access to this vital resource.




This information is meant to be a general summary of Forest Lakes Water Co. 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
$165,406 (2023)
Expenses
$182,633 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $131
  • Program Service Revenue: $165,275
  • Gross Receipts: $165,406

Assets and Liabilities:

  • Total Assets: $209,608
  • Total Liabilities: $23,535
  • Net Assets: $186,073

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Programs

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

Program Service Revenue

Revenue

$165,275

Organization Details

Founding Year

1953

Principal Officer

Charles Gartland

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