Portersville East Branch Water Co Inc

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

EIN: 311246351 ✦ Malta, OH ✦ Designated as a 501(c)(12)

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Overview

What is Portersville East Branch Water Co Inc?

Portersville East Branch Water Co Inc is a public utilities company, primarily focused on providing water services to rural clients. Based in Malta, Ohio, the company has demonstrated financial stability, generating an annual revenue of $517,033 during its last fiscal year. The company's mission is to ensure a reliable water supply for its customers, contributing to the overall well-being of the community.

Is Portersville East Branch Water Co Inc legitimate?

Portersville East Branch Water Co Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Portersville East Branch Water Co 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: $112,076
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Portersville East Branch Water Co Inc?

Portersville East Branch Water Co Inc, functioning as a public utilities company, is primarily focused on providing water utility services to customers residing in rural areas. The company's mission, in essence, is dedicated to ensuring a consistent water supply to its clientele. While the specific financial details or exact location are not provided, it is clear that Portersville East Branch Water Co Inc generates revenue and operates within the water utility sector, contributing to the essential needs of its community.

Who is the CEO of Portersville East Branch Water Co Inc?

Nikki Mollahan is the 721 State Route 155 Corning, Oh 43730 of Portersville East Branch Water Co Inc.

What is the revenue of Portersville East Branch Water Co Inc?

Portersville East Branch Water Co Inc's revenue in 2022 was $473,421.

Who are the executives of Portersville East Branch Water Co Inc and what are their salaries?

The average compensation at Portersville East Branch Water Co Inc during 2022 was $28,019. There are 4 employees at Portersville East Branch Water Co Inc.


Here are 11 key members and their salaries:


Martha Addington (721 State Route 155 Corning, Oh 43730)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Jason Pierce (2185 St. Rt. 555 N, Malta, Oh 43758)
  • Compensation: $1,125
  • Related: $0
  • Other: $0
Randy Bowen Jr (11690 St Rt 669, Crooksville, Oh 43731)
  • Compensation: $1,250
  • Related: $0
  • Other: $0
Larry Penrod (10745 Deavertown Rd. Nw, Crooksville, Oh 43731)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
David Kangas (2662 N. St. Rt. 555, Malta, Oh 43758)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Victor Paul (8539 St. Rt. 555 Ne, Malta, Oh 43758)
  • Compensation: $1,375
  • Related: $0
  • Other: $0
Dennis Copeland (9507 St. Rt. 37 E, Malta, Oh 43758)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
James P Montgomery (355 Delaware Dr., Crooksville, Oh 43731)
  • Compensation: $63,139
  • Related: $0
  • Other: $0
Nikki Mollahan (8170 Mollahan Rd. Malta, Oh 43758)
  • Compensation: $35,139
  • Related: $0
  • Other: $0
Charles Kangas (3901 N St Rt 555, Malta, Oh 43758)
  • Compensation: $12,492
  • Related: $0
  • Other: $0
Edward Boyce (8050 S Tropic Rd, Crooksville, Oh 43731)
  • Compensation: $35,246
  • Related: $0
  • Other: $0
Where can I find the form 990 for Portersville East Branch Water Co Inc?

Portersville East Branch Water Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Portersville East Branch Water Co Inc

Portersville East Branch Water Co Inc, functioning as a public utilities company, is dedicated to supplying water services to customers residing in rural areas. The organization's primary mission is to ensure a reliable and consistent water supply, generating an annual revenue of $517,033 in its last fiscal year. The company's operations play a crucial role in meeting the water needs of its clientele, contributing to the well-being and comfort of the communities it serves.

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Impact




October, 2024

Portersville East Branch Water Co Inc plays a crucial role in providing essential water utility services to rural customers in Malta, OH. By generating $517,033 in revenue in the last fiscal year, the company demonstrates its ability to sustain operations while meeting the needs of the community. The water supply is vital for both daily living and economic development in rural areas, ensuring that residents and businesses have access to clean and reliable water. This contribution not only improves the quality of life for its customers but also supports public health and safety in the region. Additionally, the company’s commitment to serving the needs of rural communities enhances local infrastructure, fostering a more resilient and connected community.




This information is meant to be a general summary of Portersville East Branch Water Co 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
$473,421 (2022)
Expenses
$660,140 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $483
  • Gross Receipts: $708,208

Assets and Liabilities:

  • Total Assets: $1,958,351
  • Total Liabilities: $833,718
  • Net Assets: $1,124,633

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Organization Details

Founding Year

1992

Principal Officer

Nikki Mollahan

Main Address

10650 State Route 37 NW, Malta, OH, 43758

NTEE Category

Code: W80 - Public benefit

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