Hill Water Corporation

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

EIN: 237296931 ✦ Mooresville, IN ✦ Designated as a 501(c)(12)

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Overview

What is Hill Water Corporation?

Hill Water Corporation is a community-focused nonprofit organization situated in Mooresville, Indiana. Their primary objective is to ensure the provision of clean and safe drinking water for their members. To achieve this, they engage in three key activities: pumping, treating, and distributing potable water. This mission is instrumental in maintaining the health and well-being of the community they serve.

Is Hill Water Corporation legitimate?

Hill Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Hill Water Corporation 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: $129,903
Professional Fundraising Fees: $0
Other Salaries and Wages: $258,941

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What is the mission statement of Hill Water Corporation?

Hill Water Corporation's mission is centered around providing its members with clean and safe drinking water. This is achieved through a three-step process: pumping, treating, and distributing potable water. The corporation's mission is to ensure that this essential resource is delivered to all its members reliably and efficiently. To accomplish this, they implement various programs and initiatives. The corporation's mission is not just about providing water, but ensuring it meets the highest standards of potability and safety for its members.

What is the revenue of Hill Water Corporation?

Hill Water Corporation's revenue in 2023 was $2,285,100.

Who are the executives of Hill Water Corporation and what are their salaries?

The average compensation at Hill Water Corporation during 2023 was $48,606. There are 8 employees at Hill Water Corporation.

Here are 6 key members and their salaries:


Daryl Swinney (Member)
  • Compensation: $2,400
  • Related: $0
  • Other: $0
Tim Standeford (Member)
  • Compensation: $3,600
  • Related: $0
  • Other: $0
Ron Wright (Secretary)
  • Compensation: $3,300
  • Related: $0
  • Other: $0
Ross Holloway (President)
  • Compensation: $2,100
  • Related: $0
  • Other: $0
Larry Long (Vice President)
  • Compensation: $3,600
  • Related: $0
  • Other: $0
Herb Cook (General Manager)
  • Compensation: $114,603
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hill Water Corporation?

Hill Water Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Hill Water Corporation

Hill Water Corporation, as a dedicated organization, is committed to pumping, treating, and delivering potable water to its members. Their mission is centered around ensuring that every beneficiary receives clean and safe drinking water. By implementing various programs, Hill Water Corporation fulfills its mission in Mooresville, Indiana. The corporation's primary objective is to provide its members with a reliable source of potable water, thereby enhancing their quality of life.

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Impact




October, 2024

Hill Water Corporation plays a crucial role in Mooresville, IN, by ensuring access to clean and safe drinking water for its community members. Through its operations, which include pumping, treating, and distributing potable water, the organization directly contributes to public health and well-being. By implementing various programs aimed at maintaining water quality, Hill Water Corporation not only addresses immediate water needs but also fosters a sustainable environment for future residents. Its dedication to delivering reliable water service enhances the overall quality of life in Mooresville, demonstrating a significant impact on both individuals and the community as a whole.




This information is meant to be a general summary of Hill Water Corporation. 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
$2,285,100 (2023)
Expenses
$1,572,505 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $46,858
  • Program Service Revenue: $2,225,992
  • Gross Receipts: $2,285,100

Assets and Liabilities:

  • Total Assets: $8,646,211
  • Total Liabilities: $269,812
  • Net Assets: $8,376,399

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Programs

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

METERED WATER SALES

Revenue

$2,145,843

LATE PENALTIES

Revenue

$59,570

RECONNECT FEES

Revenue

$15,275

MINOR FEES

Revenue

$3,678

Organization Details

Founding Year

1973

Principal Officer

Ross Holloway

NTEE Category

Code: W80 - Public benefit

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