Otwell Water Corporation

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

EIN: 351139828 ✦ Otwell, IN ✦ Designated as a 501(c)(12)

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Overview

What is Otwell Water Corporation?

Otwell Water Corporation is a nonprofit organization established specifically to cater to the water distribution needs of communities and surrounding areas in Pike and Dubois Counties, Indiana. With a team of five dedicated individuals, its primary mission is to establish and maintain a functional water distribution system, ensuring an adequate water supply for its service area. The corporation's mission remains its guiding principle, keeping it committed to serving the communities and outlying areas in its designated region.

Is Otwell Water Corporation legitimate?

Otwell Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Otwell 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: $9,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $95,805

For more financial information, click here

What is the mission statement of Otwell Water Corporation?

The Otwell Water Corporation is established with a primary objective. Its mission is to set up and manage a water distribution system, catering to various communities and outlying areas in Pike and Dubois Counties, Indiana. The corporation's purpose is to ensure a reliable water supply for these regions, thereby contributing to their overall well-being. It operates solely for this purpose, focusing on improving the water infrastructure and meeting the hydration needs of the communities it serves.

What is the revenue of Otwell Water Corporation?

Otwell Water Corporation's revenue in 2024 was $706,060.

Who are the executives of Otwell Water Corporation and what are their salaries?

The average compensation at Otwell Water Corporation during 2024 was $26,209. There are 4 employees at Otwell Water Corporation.

Here are 7 key members and their salaries:


Gary Pride (President)
  • Compensation: $1,430
  • Related: $0
  • Other: $0
Greg Mangin (Vice-Preside)
  • Compensation: $1,300
  • Related: $0
  • Other: $0
Jerry Traylor (Treasurer)
  • Compensation: $1,300
  • Related: $0
  • Other: $0
Scott Birk (Secretary)
  • Compensation: $1,300
  • Related: $0
  • Other: $0
Paul Bastin (Board Member)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Keith Nolan (Board Member)
  • Compensation: $1,300
  • Related: $0
  • Other: $0
Kevin Schnarr (Board Member)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Where can I find the form 990 for Otwell Water Corporation?

Otwell Water Corporation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Otwell Water Corporation

Otwell Water Corporation, a nonprofit organization, is established with a singular purpose. Its mission lies in providing a comprehensive water distribution system, serving the communities and outlying areas in both Pike and Dubois Counties, Indiana. This mission is instrumental in ensuring a reliable water supply for the residents of these regions. The corporation's role is to manage and maintain this system, ensuring that it meets the needs of the communities it serves. By doing so, Otwell Water Corporation contributes significantly to the overall well-being and quality of life of the people living within its service area.

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Impact




October, 2024

Otwell Water Corporation significantly impacts the communities and surrounding areas in Pike and Dubois Counties, Indiana, by ensuring access to a reliable water distribution system. This essential service supports public health, enhances the quality of life for residents, and facilitates economic development in the region. By providing a consistent water supply, the corporation plays a crucial role in meeting the daily needs of households and businesses, thereby contributing to the overall well-being and sustainability of the local communities. Access to clean water is fundamental for a healthy lifestyle, and Otwell Water Corporation's efforts help to promote this vital resource, fostering a stronger, more resilient community.




This information is meant to be a general summary of Otwell 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.

Revenue
$706,060 (2024)
Expenses
$616,950 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $15,234
  • Program Service Revenue: $677,297
  • Gross Receipts: $706,060

Assets and Liabilities:

  • Total Assets: $2,042,873
  • Total Liabilities: $19,470
  • Net Assets: $2,023,403

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Programs

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

WATER SALES

Revenue

$645,857

MEMBERSHIPS & CONTRIB IN AID

Revenue

$26,855

WATER FEES

Revenue

$4,585

Organization Details

Founding Year

1964

Principal Officer

Gary Pride

NTEE Category

Code: W80 - Public benefit

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