Marysville Otisco Nabb Water Corp

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

EIN: 351110160 ✦ Otisco, IN ✦ Designated as a 501(c)(12)

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Overview

What is Marysville Otisco Nabb Water Corp?

Marysville Otisco Nabb Water Corp is a nonprofit organization primarily devoted to providing water services. With a customer base of 2,515 households, they have successfully distributed over 121 million gallons of water. Their core activity revolves around distributing water to their members, ensuring a reliable water supply for their community.

Is Marysville Otisco Nabb Water Corp legitimate?

Marysville Otisco Nabb Water Corp is a legitimate nonprofit organization registered as a 501(c)(12) entity. Marysville Otisco Nabb Water Corp 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: $7,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,764

For more financial information, click here

What is the mission statement of Marysville Otisco Nabb Water Corp?

Marysville Otisco Nabb Water Corp's primary mission is to supply water to its members. This utility corporation has successfully distributed over 121 million gallons of water to approximately 2,500 customers. Their mission is essentially focused on ensuring a reliable water supply for their members, making water availability their core objective.

Who is the CEO of Marysville Otisco Nabb Water Corp?

Melissa Duvall is the President of Marysville Otisco Nabb Water Corp.

What is the revenue of Marysville Otisco Nabb Water Corp?

Marysville Otisco Nabb Water Corp's revenue in 2022 was $1,110,298.

Who are the executives of Marysville Otisco Nabb Water Corp and what are their salaries?

The average compensation at Marysville Otisco Nabb Water Corp during 2022 was $57,941. There are 4 employees at Marysville Otisco Nabb Water Corp.


Here are 5 key members and their salaries:


Melissa Duvall (President)
  • Compensation: $1,625
  • Related: $0
  • Other: $0
Dale Hodson (Vice Preside)
  • Compensation: $1,625
  • Related: $0
  • Other: $0
Jerome Hentrup (Secretary)
  • Compensation: $1,375
  • Related: $0
  • Other: $0
Dale Robinson (Treasurer)
  • Compensation: $1,375
  • Related: $0
  • Other: $0
Michael Perry (Asst. Secret)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Marysville Otisco Nabb Water Corp?

Marysville Otisco Nabb Water Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Marysville Otisco Nabb Water Corp

Marysville Otisco Nabb Water Corp, as its name suggests, is primarily engaged in distributing water to its members. Serving a substantial number of customers, the corporation has successfully sold over 121,914,060 gallons of water. With a customer base of 2,515 individuals and families, Marysville Otisco Nabb Water Corp plays a crucial role in ensuring a reliable water supply for its community. The corporation's mission is to deliver clean and potable water to its members, ensuring their daily needs are met. By distributing water, Marysville Otisco Nabb Water Corp contributes to maintaining the overall health and well-being of its community.

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Impact




October, 2024

Marysville Otisco Nabb Water Corp plays a crucial role in ensuring access to clean and reliable water for the community it serves. By distributing over 121,914,060 gallons of water to 2,515 customers, the organization meets the essential needs of its members in Otisco, Indiana. This substantial volume of water not only supports daily living activities but also contributes to the overall health and wellbeing of the community. The corporation's mission highlights its commitment to providing public benefit, fostering a sustainable water supply that is vital for both residential and local development. Through its operations, Marysville Otisco Nabb Water Corp significantly impacts the quality of life for its members, promoting a healthier and more resilient community.




This information is meant to be a general summary of Marysville Otisco Nabb Water Corp. 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
$1,110,298 (2022)
Expenses
$997,027 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $970
  • Program Service Revenue: $965,497
  • Gross Receipts: $1,110,298

Assets and Liabilities:

  • Total Assets: $3,260,939
  • Total Liabilities: $367,674
  • Net Assets: $2,893,265

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Programs

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

WATER SALES

Revenue

$931,996

TAP FEES COLLECTED

Revenue

$30,000

LINE EXTENSIONS PAID BY CUST

Revenue

$3,501

Organization Details

Founding Year

1963

Principal Officer

Melissa Duvall

Main Address

PO BOX 86, OTISCO, IN, 47163

NTEE Category

Code: W80 - Public benefit

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