Rykers Ridge Water Co Inc

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

EIN: 351076773 ✦ Madison, IN ✦ Designated as a 501(c)(12)

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Overview

What is Rykers Ridge Water Co Inc?

Rykers Ridge Water Co Inc is a nonprofit organization, specifically focused on serving rural communities. Their primary mission is to ensure an adequate water supply for these areas, acting as a crucial provider of this essential resource. Although the information provided is limited, it is evident that the organization's activities revolve around water provision, supporting rural customers in their daily lives. The exact nature of their services, such as managing infrastructure, maintenance, or community education, remains undisclosed but can be inferred based on their main objective.

Is Rykers Ridge Water Co Inc legitimate?

Rykers Ridge Water Co Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rykers Ridge 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: $6,789
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,962

For more financial information, click here

What is the mission statement of Rykers Ridge Water Co Inc?

Rykers Ridge Water Co Inc's primary mission is centered around providing water to rural customers. This organization strives to ensure a continuous water supply for these communities, likely focusing on quality and reliability. While the provided information is minimal, it suggests that Rykers Ridge Water Co Inc is committed to serving rural areas with their water needs, contributing to the overall well-being and sustainability of these communities. However, without further details, the specifics of their mission, such as long-term goals, community engagement, or environmental considerations, remain unclear.

Who is the CEO of Rykers Ridge Water Co Inc?

Roger Ward is the Vice President of Rykers Ridge Water Co Inc.

What is the revenue of Rykers Ridge Water Co Inc?

Rykers Ridge Water Co Inc's revenue in 2022 was $427,442.

Who are the executives of Rykers Ridge Water Co Inc and what are their salaries?

The average compensation at Rykers Ridge Water Co Inc during 2022 was $8,979. There are 12 employees at Rykers Ridge Water Co Inc.


Here are 9 key members and their salaries:


Robert Little (Vice President)
  • Compensation: $1,677
  • Related: $0
  • Other: $0
Roger Ward (President)
  • Compensation: $1,482
  • Related: $0
  • Other: $0
Kevin Smith (Director)
  • Compensation: $900
  • Related: $0
  • Other: $0
Sharon Schafer (Secretary)
  • Compensation: $900
  • Related: $0
  • Other: $0
Cary Branstetter (Director)
  • Compensation: $450
  • Related: $0
  • Other: $0
Charles Hay (Director)
  • Compensation: $390
  • Related: $0
  • Other: $0
Connee Sauley (Director)
  • Compensation: $390
  • Related: $0
  • Other: $0
Suzette Mcdowell (Treasurer)
  • Compensation: $390
  • Related: $0
  • Other: $0
David Smith (Director)
  • Compensation: $210
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rykers Ridge Water Co Inc?

Rykers Ridge Water Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Rykers Ridge Water Co Inc

Rykers Ridge Water Co Inc, as per its mission statement, is dedicated to providing water to rural customers. This nonprofit organization aims to ensure a reliable water supply for individuals living in rural areas, fulfilling a vital need that is often overlooked in urban development plans. By providing water, Rykers Ridge Water Co Inc contributes to the overall well-being and sustainability of these communities, enhancing their quality of life and promoting healthy living. The organization's mission is a testament to its commitment to serving the rural population, ensuring they have access to an essential resource that is often taken for granted in urban areas.

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Impact




October, 2024

Rykers Ridge Water Co Inc plays a crucial role in providing water services to rural customers in Madison, Indiana. By ensuring access to a reliable water supply, the organization significantly impacts the local community's health, hygiene, and overall quality of life. With its focus on rural areas, it addresses the needs of populations that may otherwise struggle to obtain clean and safe drinking water. The company’s commitment to serving these communities not only supports individual households but also fosters community development and sustainability, enhancing the well-being of residents in the region.




This information is meant to be a general summary of Rykers Ridge 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
$427,442 (2022)
Expenses
$378,341 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $159
  • Program Service Revenue: $291,183
  • Gross Receipts: $427,442

Assets and Liabilities:

  • Total Assets: $1,337,975
  • Total Liabilities: $80,179
  • Net Assets: $1,257,796

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Programs

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

WATER REVENUE

Revenue

$291,183

Organization Details

Founding Year

1962

Principal Officer

Roger Ward

Main Address

P O BOX 1027, MADISON, IN, 47250

NTEE Category

Code: W80 - Public benefit

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