Kent Water Company Inc

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

EIN: 351105235 ✦ Hanover, IN ✦ Designated as a 501(c)(12)

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Overview

What is Kent Water Company Inc?

Kent Water Company Inc, stationed in Hanover, Indiana, is a water distribution organization. Their primary role is to ensure an adequate supply of water to their service area, catering to over 2,769 customers. They accomplish this by selling approximately 146,863,500 gallons of water. This vital service not only ensures the community's hydration needs but also plays a significant role in sustaining daily activities and maintaining overall well-being.

Is Kent Water Company Inc legitimate?

Kent Water Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kent 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: $1,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $232,107

For more financial information, click here

What is the mission statement of Kent Water Company Inc?

Kent Water Company's mission, as a water distribution entity, is centered around providing water to the community within its service area. The company’s primary objective is to ensure the delivery of water to its over 2,769 customers. This is achieved through various programs, one of which involves selling a considerable volume of water, approximately 146,863,500 gallons, to its customer base.

Who is the CEO of Kent Water Company Inc?

Richard Johnson is the Chairman of Kent Water Company Inc.

What is the revenue of Kent Water Company Inc?

Kent Water Company Inc's revenue in 2022 was $1,358,659.

Who are the executives of Kent Water Company Inc and what are their salaries?

The average compensation at Kent Water Company Inc during 2022 was $38,861. There are 6 employees at Kent Water Company Inc.


Here are 9 key members and their salaries:


Greg T Brawner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Bunton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Oberlies (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Auxier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Depriest (Vice-Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Johnson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Tatman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kent Water Company Inc?

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

Mission Statement of Kent Water Company Inc

Kent Water Company, as a water distribution company, is committed to providing water to its members in the designated service area. The organization's core mission is to ensure an adequate supply of water for its customers, selling a substantial amount of over 146 million gallons annually to more than 2,700 households. This mission is instrumental in maintaining the hydration needs of the community, thereby contributing to a healthy and sustainable living environment.

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Impact




October, 2024

Kent Water Company Inc significantly impacts the Hanover, IN community by providing essential water services to its residents. With a mission focused on distributing clean and reliable water, the company serves over 2,769 customers, ensuring their access to a vital resource. Each year, Kent Water Company distributes approximately 146,863,500 gallons of water, underscoring its role in supporting public health and sanitation. By maintaining an efficient water distribution system, the company fosters community well-being and supports local growth and development. Its commitment to delivering quality water reinforces the importance of reliable utilities in enhancing the quality of life for all members in the service area.




This information is meant to be a general summary of Kent 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
$1,358,659 (2022)
Expenses
$859,135 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $23,472
  • Program Service Revenue: $937,184
  • Gross Receipts: $1,358,659

Assets and Liabilities:

  • Total Assets: $7,912,495
  • Total Liabilities: $33,947
  • Net Assets: $7,878,548

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Programs

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

WATER SALES

Revenue

$875,478

MEMBERSHIPS AND TAP FEES

Revenue

$46,042

OTHER OPERATING INCOME

Revenue

$15,664

Organization Details

Founding Year

1961

Principal Officer

Richard Johnson

Main Address

PO BOX 336, HANOVER, IN, 47243

NTEE Category

Code: W80 - Public benefit

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