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Del-Co Water Company Inc

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

EIN: 310749383 ✦ Delaware, OH ✦ Designated as a 501(c)(12)

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Overview

What is Del-Co Water Company Inc?

Del-Co Water Company Inc, based in Delaware, OH, functions as a public utilities organization. With an approximate membership of 49,000, they are dedicated to delivering essential water services to their community. Their mission revolves around ensuring the provision of water, making them an indispensable entity for their residents.


Official website here: www.delcowater.com

Is Del-Co Water Company Inc legitimate?

Del-Co Water Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Del-Co Water Company Inc 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: $588,026
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,778,911

For more financial information, click here


Official website here: www.delcowater.com

What is the mission statement of Del-Co Water Company Inc?

Del-Co Water Company is a public utilities organization committed to delivering water to its approximately 49,000 members. Based in Delaware, Ohio, its mission revolves around ensuring a consistent water supply to its community. The company's primary objective is to maintain and operate an efficient water system, ensuring the highest quality of water for its members. Through its operations, Del-Co Water Company aims to enhance the daily lives of its customers by providing them with a vital resource essential for health and well-being. The organization is dedicated to ensuring its water services are reliable and accessible to all its members, fostering a strong sense of community and trust.


Official website here: www.delcowater.com

Who is the CEO of Del-Co Water Company Inc?

Glenn R Marzluf is the General Manager/Ceo of Del-Co Water Company Inc. The CEO's salary of Del-Co Water Company Inc is $223,376 and their total compensation is $301,085.


Official website here: www.delcowater.com

What is the revenue of Del-Co Water Company Inc?

Del-Co Water Company Inc's revenue in 2022 was $51,589,765.


Official website here: www.delcowater.com

Who are the executives of Del-Co Water Company Inc and what are their salaries?

The average compensation at Del-Co Water Company Inc during 2022 was $70,962. There are 132 employees at Del-Co Water Company Inc.


Here are 17 key members and their salaries (Del-Co Water Company Inc's CEO's salary is $223,376 and their total compensation is $301,085):


Timothy D Mcnamara (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0
Robert W Jenkins (Secretary)
  • Compensation: $5,700
  • Related: $0
  • Other: $0
Brian Coghlan (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0
David A Bender (President)
  • Compensation: $5,700
  • Related: $0
  • Other: $0
G Michael Dickey (Treasurer)
  • Compensation: $4,500
  • Related: $0
  • Other: $0
Bruce A Blackston (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0
Pamala Hawk (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0
Douglas D Dawson (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0
Perry K Tudor (Vice President)
  • Compensation: $4,500
  • Related: $0
  • Other: $0
Glenn R Marzluf (General Manager/Ceo)
  • Compensation: $223,376
  • Related: $0
  • Other: $77,709
Shane F Clark (Deputy General Manager)
  • Compensation: $177,176
  • Related: $0
  • Other: $159,644
Damon K Dye (Plant Superintendent)
  • Compensation: $143,085
  • Related: $0
  • Other: $46,696
Spencer T Sheldon (Superintendent)
  • Compensation: $138,987
  • Related: $0
  • Other: $62,381
Anthony J Wells (It Manager)
  • Compensation: $118,076
  • Related: $0
  • Other: $36,221
Michael E Studer (Cfo)
  • Compensation: $112,005
  • Related: $0
  • Other: $48,749
Thomas Pruett (Distribution Superintendent)
  • Compensation: $140,000
  • Related: $0
  • Other: $37,912
Kristina Dye (Business Operations Manager)
  • Compensation: $127,082
  • Related: $0
  • Other: $32,902


Official website here: www.delcowater.com

Where can I find the form 990 for Del-Co Water Company Inc?

Del-Co Water Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.delcowater.com

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

Mission Statement of Del-Co Water Company Inc

Del-Co Water Company Inc, a public utilities organization, is dedicated to delivering essential water services to its around 49,000 members spread across Ohio. The mission of this company goes beyond just supplying water; it aims to ensure a consistent, reliable water supply for its community, providing them with an essential resource for daily life.

Del-Co Water Company's commitment to its members is evident in its unwavering dedication to maintaining the highest standards of water quality and system reliability. By consistently meeting and exceeding regulatory requirements, the company ensures the health and well-being of its customers.

Moreover, Del-Co Water Company takes pride in being more than just a water provider. It fosters a sense of community and commitment to its members. Through its operations, it strives to maintain a strong connection with its customers, ensuring their voices are heard and their needs addressed. The company's team works tirelessly to provide responsive, reliable customer service, addressing inquiries and concerns in a timely and efficient manner.

In summary, Del-Co Water Company Inc is a public utilities organization that goes above and beyond to provide water services to its approximately 49,000 members in Ohio. Its mission is to ensure a consistent, reliable water supply, maintain the highest standards of water quality, and foster a strong sense of community and commitment to its customers.

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Impact




October, 2024

Del-Co Water Company Inc significantly impacts the community by ensuring a reliable and safe water supply to approximately 49,000 members in Delaware, Ohio. As a vital public utility organization, it supports daily life and health in the region by providing access to clean water, which is essential for drinking, cooking, sanitation, and overall well-being. This consistent supply helps foster growth and development within the community, contributing to the local economy and enhancing the quality of life for residents. Del-Co Water Company Inc plays a crucial role in sustaining public health and supporting various activities, including food production and consumption, thereby reinforcing its importance in the area.




This information is meant to be a general summary of Del-Co Water Company Inc. 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
$51,589,765 (2022)
201120122013201420152016201720182019202020212022$0$15M$30M$45M$60M
Expenses
$34,336,309 (2022)
201120122013201420152016201720182019202020212022$0$9M$18M$27M$36M
Efficiency
2011201220132014201520162017201820192020202120220%5%10%15%22%

Other financial information:

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

  • Investment Income: $1,158,389
  • Program Service Revenue: $42,057,373
  • Gross Receipts: $51,589,765

Assets and Liabilities:

  • Total Assets: $318,753,806
  • Total Liabilities: $30,890,825
  • Net Assets: $287,862,981

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Programs

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

Water Sales

Revenue

$30,686,320

Tap Fees

Revenue

$11,124,316

Late Payment Penalties

Revenue

$142,962

Membership Fees

Revenue

$14,310

Backflow Tester Fees

Revenue

$26,200

Organization Details

Founding Year

1969

Principal Officer

Glenn R Marzluf

Main Address

6658 Olentangy River Road, Delaware, OH, 43015

NTEE Category

Code: K20 - Food

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