Overview
What is Slibco Utilities?
Slibco Utilities is a company based in Scranton, Pennsylvania, that historically managed a water infrastructure system. This system included essential components such as water lines, pumps, pump stations, water tanks, and water meters. Initially, the company leased this system to an affiliated nonprofit organization. In 2021, the infrastructure system was sold to an external third party. Despite the sale, Slibco Utilities continues to play a role in utility functions within the business parks of another affiliated not-for-profit organization, supporting their operations.
Is Slibco Utilities legitimate?
Slibco Utilities is a legitimate nonprofit organization registered as a 501(c)(2) entity. Slibco Utilities 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.
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What is the mission statement of Slibco Utilities?
Slibco Utilities historically operated an infrastructure system, encompassing water lines, pumps, pump stations, water tanks, and water meters. Originally, the company leased this system to a not-for-profit organization. In 2021, the infrastructure system was sold to an external third party. Despite the sale, Slibco Utilities continues to maintain its existence, continuing to support utility functions within the business parks of another affiliated not-for-profit organization. The company's focus is primarily on ensuring the smooth functioning of utility services within these business parks.
Who is the CEO of Slibco Utilities?
Robert F Durkin is the President of Slibco Utilities.
What is the revenue of Slibco Utilities?
Slibco Utilities's revenue in 2023 was $34,343.
Who are the executives of Slibco Utilities and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Slibco Utilities?
Slibco Utilities's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Slibco Utilities
Slibco Utilities, historically, managed an infrastructure system that encompassed water lines, pumps, pump stations, water tanks, and water meters. Initially, the company leased this system to a not-for-profit organization affiliated with it. In 2021, the infrastructure system was sold to an external third party. Despite this sale, Slibco Utilities continues to exist, supporting utility functions within the business parks of another affiliated not-for-profit organization. The company's role now is to ensure the seamless operation of utilities within these business parks, thereby contributing to their overall functionality.
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Impact
October, 2024
Slibco Utilities has played a significant role in enhancing the infrastructure and utility services within its community. Historically, the organization operated a comprehensive water infrastructure system, which included essential components such as water lines, pumps, a pump station, a water tank, and water meters. This system was vital for providing reliable water access to the commercial operations within the affiliated business parks.
In 2021, the decision to sell the infrastructure system to a third party marked a pivotal shift, yet Slibco Utilities continues to support utility functions within these parks. This ongoing involvement ensures that the community, particularly businesses in the area, can sustain their operations with the necessary water services. By facilitating access to clean water, Slibco Utilities has contributed to community improvement and the overall economic vitality of Scranton, PA.
This information is meant to be a general summary of Slibco Utilities. 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 2023.
- Investment Income: $20,291
- Program Service Revenue: $7,401
- Gross Receipts: $102,045
Assets and Liabilities:
- Total Assets: $1,823,107
- Total Liabilities: $350
- Net Assets: $1,822,757
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER CONNECTION REVEN
Revenue
$7,401
Organization Details
Founding Year
1995
Phone
(570) 342-7711Principal Officer
Robert F Durkin
Main Address
222 MULBERRY STREET, SCRANTON, PA, 18503
NTEE Category
Code: S47 - Community improvement
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