East Monroe Water Corporation

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

EIN: 351158506 ✦ Bloomington, IN ✦ Designated as a 501(c)(12)

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Overview

What is East Monroe Water Corporation?

East Monroe Water Corporation is a rural water utility, established in Bloomington, Indiana, specifically at 3428 South Knightridge Road, 47401. Their primary mission involves providing essential water services to their member community. With a modest team of five dedicated individuals, they ensure the reliable delivery of water to the local population, contributing to the overall well-being and daily life of their community members.

Is East Monroe Water Corporation legitimate?

East Monroe Water Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. East Monroe 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $345,474

For more financial information, click here

What is the mission statement of East Monroe Water Corporation?

The East Monroe Water Corporation serves as a rural utility, dedicated to supplying water to its member community. Its mission, in essence, revolves around providing reliable water services to its members. The corporation's activities are centered around ensuring a consistent water supply, thereby contributing to the well-being and daily needs of its rural population. While the information provided is limited, it implies that the corporation prioritizes the essential water needs of its community, ensuring a sustainable and reliable water supply.

Who is the CEO of East Monroe Water Corporation?

Damon Cappy is the Trustee/Dire of East Monroe Water Corporation.

What is the revenue of East Monroe Water Corporation?

East Monroe Water Corporation's revenue in 2022 was $861,930.

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

The average compensation at East Monroe Water Corporation during 2022 was $69,095. There are 5 employees at East Monroe Water Corporation.


Here are 9 key members and their salaries:


Ingrid Beery (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damon Cappy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Clements (Secty)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Hall (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saddie Little (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Myerson (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Pugsley (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Stewart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Schrodt (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for East Monroe Water Corporation?

East Monroe Water Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of East Monroe Water Corporation

East Monroe Water Corporation, as a rural utility, is committed to its mission of providing water to its members. This mission is a crucial service, ensuring that the community has access to a vital resource. The corporation operates with the goal of meeting the water needs of its members, demonstrating its dedication to the well-being and sustainability of the rural community it serves.

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Impact




October, 2024

East Monroe Water Corporation plays a vital role in ensuring access to clean, safe drinking water for its members in Bloomington, Indiana. As a rural water utility, it provides an essential service that directly impacts the health and well-being of the community. By delivering reliable water supply, the corporation fosters better living conditions and supports local development. Its commitment to public benefit enhances the quality of life for residents, promotes public health, and sustains the environmental integrity of the region.




This information is meant to be a general summary of East Monroe 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
$861,930 (2022)
Expenses
$867,311 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,149
  • Program Service Revenue: $795,933
  • Gross Receipts: $861,930

Assets and Liabilities:

  • Total Assets: $2,869,950
  • Total Liabilities: $27,793
  • Net Assets: $2,842,157

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Programs

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

TAXABLE WATER SALES

Revenue

$769,736

NON-TAXABLE WATER SALES

Revenue

$42,706

BAD DEBT

Revenue

-$114

WATER SALES ADJUSTMENTS

Revenue

-$16,395

Organization Details

Founding Year

1993

Principal Officer

Damon Cappy

Main Address

3428 SOUTH KNIGHTRIDGE ROAD, BLOOMINGTON, IN, 47401

NTEE Category

Code: W80 - Public benefit

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