Reelsville Water Company Inc

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

EIN: 351127131 ✦ Reelsville, IN ✦ Designated as a 501(c)(12)

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Overview

What is Reelsville Water Company Inc?

Reelsville Water Company Inc is a nonprofit organization, serving its members by ensuring an uninterrupted supply of potable water. Situated in Reelsville, this company is committed to pumping and distributing water to its members, adhering to stringent quality standards. Membership is a prerequisite for availing of this vital service, reflecting the company's member-centric approach. By providing this essential service, Reelsville Water Company Inc plays an integral role in maintaining the health and well-being of its community.

Is Reelsville Water Company Inc legitimate?

Reelsville Water Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Reelsville 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: $85,121
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,133

For more financial information, click here

What is the mission statement of Reelsville Water Company Inc?

Reelsville Water Company Inc's mission is centered around providing potable water to its members. The company is committed to pumping and delivering water, ensuring that it meets the needs of its members. To access this water, individuals must become members of the company. The company's operations involve treating the water to ensure it is safe for consumption before distribution.

Who is the CEO of Reelsville Water Company Inc?

Laura Fisher is the President of Reelsville Water Company Inc.

What is the revenue of Reelsville Water Company Inc?

Reelsville Water Company Inc's revenue in 2022 was $837,891.

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

The average compensation at Reelsville Water Company Inc during 2022 was $22,876. There are 6 employees at Reelsville Water Company Inc.


Here are 7 key members and their salaries:


Rick Hassler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaye Cornelious (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Fisher (Co-Secretary/Office Mgr)
  • Compensation: $52,133
  • Related: $0
  • Other: $0
Brian Stearley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Krampe (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Langdon (Co-Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donnie Blanton (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Reelsville Water Company Inc?

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

Mission Statement of Reelsville Water Company Inc

Reelsville Water Company Inc, as a utility service, is committed to delivering potable water to its members. This mission involves the pumping and subsequent delivery of water to the individuals who are part of the company's membership. The company's role is to treat the water to ensure it is safe for consumption before distributing it to its members. This essential service ensures that members have access to clean and safe drinking water, a fundamental necessity for everyday life. To accomplish this mission, Reelsville Water Company Inc employs a system that includes pumping, treating, and delivering water, ensuring a continuous supply of potable water to its members.

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Impact




October, 2024

Reelsville Water Company Inc plays a crucial role in ensuring access to potable water for its members in Reelsville, Indiana. By pumping, treating, and delivering water, the company addresses a fundamental need in the community, enhancing public health and quality of life. Its mission focuses on providing reliable water service, which is essential for daily activities, hygiene, and overall well-being. The requirement for individuals to be members to access water fosters a sense of community and responsibility among residents, ensuring that water supply is managed effectively and sustainably. Ultimately, Reelsville Water Company Inc significantly contributes to the public benefit by prioritizing clean water accessibility and enhancing the standard of living in the area.




This information is meant to be a general summary of Reelsville 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
$837,891 (2022)
Expenses
$615,165 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,471
  • Program Service Revenue: $823,595
  • Gross Receipts: $837,891

Assets and Liabilities:

  • Total Assets: $8,570,228
  • Total Liabilities: $2,643,123
  • Net Assets: $5,927,105

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Programs

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

METERED WATER SALES

Revenue

$784,281

DELINQUENT FEES

Revenue

$10,368

EXCAVATING INCOME

Revenue

$9,301

RECONNECT FEES

Revenue

$270

MINOR REPAIRS

Revenue

$110

Organization Details

Founding Year

1966

Principal Officer

Laura Fisher

Main Address

P O BOX 57, REELSVILLE, IN, 46171

NTEE Category

Code: W80 - Public benefit

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