Aberdeen Pate Water Company Inc

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

EIN: 351128635 ✦ Aurora, IN ✦ Designated as a 501(c)(12)

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Overview

What is Aberdeen Pate Water Company Inc?

Aberdeen Pate Water Company Inc, located in Aurora, Indiana, is a nonprofit organization with a staff of nine individuals. Their primary mission is to distribute potable water to their members within their service area. Over the specified period, they supplied approximately 89.75 million gallons of water to over 1,990 customers. The company's activities revolve around ensuring the delivery of clean and safe water to its community.

Is Aberdeen Pate Water Company Inc legitimate?

Aberdeen Pate Water Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Aberdeen Pate 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: $14,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $258,584

For more financial information, click here

What is the mission statement of Aberdeen Pate Water Company Inc?

Aberdeen Pate Water Company Inc's primary mission is to distribute potable water to its members within their designated service area. The corporation's activities are centered around ensuring a steady supply of clean, safe drinking water to its over 1,990 customers. This mission is carried out through the distribution of approximately 89,751,300 gallons of water annually. The company's role is crucial in maintaining the health and well-being of its community by providing this essential resource.

Who is the CEO of Aberdeen Pate Water Company Inc?

Neal Powell is the Assistant Se of Aberdeen Pate Water Company Inc.

What is the revenue of Aberdeen Pate Water Company Inc?

Aberdeen Pate Water Company Inc's revenue in 2022 was $1,045,357.

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

The average compensation at Aberdeen Pate Water Company Inc during 2022 was $30,357. There are 9 employees at Aberdeen Pate Water Company Inc.


Here are 5 key members and their salaries:


Brandon Cappel (Assistant Se)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Matt Williams (Secretary)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Scott Henry (Vice Preside)
  • Compensation: $2,875
  • Related: $0
  • Other: $0
Mark Kiefer (Treasurer)
  • Compensation: $2,875
  • Related: $0
  • Other: $0
Neal Powell (President)
  • Compensation: $2,875
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aberdeen Pate Water Company Inc?

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

Mission Statement of Aberdeen Pate Water Company Inc

Aberdeen Pate Water Company Inc, as a water utility organization, is committed to distributing potable water to its members within its designated service area. The company's primary mission is to ensure a consistent supply of safe and clean drinking water to its customer base, numbering over 1,990 households. By providing this essential resource, Aberdeen Pate Water Company Inc plays a vital role in promoting the health and well-being of its community. The company's activities are centered around the distribution of water, a mission that it carries out diligently and reliably, thereby maintaining its reputation as a trusted water provider.

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Impact




October, 2024

Aberdeen Pate Water Company Inc plays a crucial role in providing reliable access to potable water for residents in Aurora, Indiana. By distributing approximately 89,751,300 gallons of water to over 1,990 customers, the company ensures that the community's essential water needs are met. This service not only promotes public health and well-being but also supports the daily activities and economic stability of the area. The company’s commitment to delivering clean drinking water underscores its importance in fostering a healthy and sustainable community, significantly impacting the quality of life for its members.




This information is meant to be a general summary of Aberdeen Pate 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
$1,045,357 (2022)
Expenses
$931,564 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,099
  • Program Service Revenue: $1,044,258
  • Gross Receipts: $1,045,357

Assets and Liabilities:

  • Total Assets: $5,749,587
  • Total Liabilities: $1,505,955
  • Net Assets: $4,243,632

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Programs

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

WATER SALES

Revenue

$1,019,602

TAP FEES & LINE CONTRIBUTIONS

Revenue

$19,500

OTHER OPERATING INCOME

Revenue

$5,156

Organization Details

Founding Year

1963

Principal Officer

Neal Powell

Main Address

6124 HARTFORD RIDGE ROAD, AURORA, IN, 470019682

NTEE Category

Code: W80 - Public benefit

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