Overview
What is Silver Creek Water Corporation?
Silver Creek Water Corporation is a nonprofit entity that specializes in water distribution. With a mission to serve its members, the corporation sells over 531 million gallons of water annually to over 8,000 customers. This vital service ensures that households and businesses within its reach have a consistent water supply, thereby playing a critical role in the daily lives of its community.
Is Silver Creek Water Corporation legitimate?
Silver Creek Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Silver Creek Water Corporation 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: $17,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $705,259
For more financial information, click here
What is the mission statement of Silver Creek Water Corporation?
Silver Creek Water Corporation's primary role is to supply water to its customer base. In pursuit of this mission, the corporation sells a substantial volume of water, approximately 531 million gallons, to over 8,000 customers. The corporation's activities are centered around ensuring a continuous water supply to its members. While the mission statement explicitly mentions distribution, it implies a commitment to reliable and sufficient water service for its customer base.
Who is the CEO of Silver Creek Water Corporation?
Doug Chumbler is the President of Silver Creek Water Corporation.
What is the revenue of Silver Creek Water Corporation?
Silver Creek Water Corporation's revenue in 2022 was $4,285,209.
Who are the executives of Silver Creek Water Corporation and what are their salaries?
The average compensation at Silver Creek Water Corporation during 2022 was $65,714. There are 11 employees at Silver Creek Water Corporation.
Here are 7 key members and their salaries:
- Compensation: $2,600
- Related: $0
- Other: $0
- Compensation: $2,600
- Related: $0
- Other: $0
- Compensation: $2,600
- Related: $0
- Other: $0
- Compensation: $2,600
- Related: $0
- Other: $0
- Compensation: $2,275
- Related: $0
- Other: $0
- Compensation: $2,275
- Related: $0
- Other: $0
- Compensation: $2,275
- Related: $0
- Other: $0
Where can I find the form 990 for Silver Creek Water Corporation?
Silver Creek Water Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Silver Creek Water Corporation
Silver Creek Water Corporation, as its name suggests, is primarily engaged in distributing water to its members. Its mission is centered around providing this essential resource to over 8,000 customers. The corporation's activities primarily involve the sale of water, amounting to approximately 531,294,500 gallons. This endeavor is a testament to its commitment to ensuring a reliable water supply for its community.
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Impact
October, 2024
Silver Creek Water Corporation significantly impacts the community by providing a reliable water supply to its members. By distributing over 531,294,500 gallons of water, it serves more than 8,041 customers in Sellersburg, Indiana. This consistent access to clean water is essential for both daily living and health, supporting the community’s overall well-being. The corporation’s commitment to water distribution ensures that residents have the necessary resources to thrive, enhancing public benefit and fostering a sustainable environment for future generations.
This information is meant to be a general summary of Silver Creek Water Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$787
- Program Service Revenue: $4,142,259
- Gross Receipts: $4,287,907
Assets and Liabilities:
- Total Assets: $15,648,410
- Total Liabilities: $1,044,611
- Net Assets: $14,603,799
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES
Revenue
$3,423,061
TAP FEES & CUSTOMER CONTRIB.
Revenue
$377,314
OTHER OPERATING REVENUE
Revenue
$341,884
Organization Details
Founding Year
1963
Phone
(812) 246-2889Principal Officer
Doug Chumbler
Main Address
8104 COUNTY LINE ROAD, SELLERSBURG, IN, 471729002
NTEE Category
Code: W80 - Public benefit
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