Dupont Water Company Inc

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

EIN: 351122735 ✦ Dupont, IN ✦ Designated as a 501(c)(12)

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Overview

What is Dupont Water Company Inc?

Dupont Water Company Inc is a not-for-profit organization based in an unspecified location, serving its local community as a water utility. Their primary function involves the distribution of water to their members residing in the surrounding area. As a nonprofit, their operations are driven by the mission to provide essential water services, contributing to the well-being of the local community.

Is Dupont Water Company Inc legitimate?

Dupont Water Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Dupont 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,476

For more financial information, click here

What is the mission statement of Dupont Water Company Inc?

Dupont Water Company Inc, serving as a not-forprofit water utility organization, is dedicated to distributing water to its community members in the surrounding area. The company's mission is to provide essential water services, operating on a non-profit basis. Its primary goal is to ensure a reliable water supply for its members, fostering a sense of community and environmental stewardship. As a utility, Dupont Water Company Inc prioritizes maintaining the quality of water and delivering it efficiently, demonstrating a commitment to the well-being and needs of its customers.

Who is the CEO of Dupont Water Company Inc?

Doug Hobbs is the Director of Dupont Water Company Inc.

What is the revenue of Dupont Water Company Inc?

Dupont Water Company Inc's revenue in 2022 was $791,070.

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

The average compensation at Dupont Water Company Inc during 2022 was $28,869. There are 4 employees at Dupont Water Company Inc.


Here are 9 key members and their salaries:


Orville Wright (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Delbert Read (Director)
  • Compensation: $1,300
  • Related: $0
  • Other: $0
David Sparkman (Director)
  • Compensation: $900
  • Related: $0
  • Other: $0
Kelly Cunningham (Secretary)
  • Compensation: $800
  • Related: $0
  • Other: $0
Kenneth Pettit (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
George Canfield (Director)
  • Compensation: $900
  • Related: $0
  • Other: $0
Doug Hobbs (President)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Ashley Mcreary (Treasurer)
  • Compensation: $700
  • Related: $0
  • Other: $0
David Ferguson (Vice Preside)
  • Compensation: $1,300
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dupont Water Company Inc?

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

Mission Statement of Dupont Water Company Inc

Dupont Water Company Inc, as a not-for-profit water utility organization, is dedicated to distributing water to its members in the surrounding area. Their mission is focused on delivering this essential resource, operating in a manner that prioritizes the community's needs over profit. Dupont Water Company Inc serves as a vital resource for its members, ensuring a steady supply of water to support various daily activities and maintain a healthy living environment.

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Impact




October, 2024

Dupont Water Company Inc plays a vital role in the community by providing essential water services to its members. As a not-for-profit water utility organization, it ensures that residents of Dupont, Indiana, have access to safe and reliable water supply. This contribution is crucial for public health and well-being, supporting both daily living needs and local economic activities.

By operating as a member-focused entity, Dupont Water Company fosters a sense of community and accountability, prioritizing the needs of its users over profit generation. This approach not only ensures the sustainability of water services but also reinforces trust between the organization and the residents it serves. The company’s commitment to public benefit highlights its importance as a resource for fostering community resilience and supporting local development initiatives.




This information is meant to be a general summary of Dupont 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
$791,070 (2022)
Expenses
$715,179 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,815
  • Program Service Revenue: $777,475
  • Gross Receipts: $791,070

Assets and Liabilities:

  • Total Assets: $6,132,279
  • Total Liabilities: $968,293
  • Net Assets: $5,163,986

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Programs

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

WATER SALES

Revenue

$762,996

OTHER OPERATING INCOME

Revenue

$14,479

Organization Details

Founding Year

1963

Principal Officer

Doug Hobbs

Main Address

6430 W SOUTH ST, DUPONT, IN, 47231

NTEE Category

Code: W80 - Public benefit

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