Shorewood Forest Utilities Inc

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

EIN: 351336479 ✦ Valparaiso, IN ✦ Designated as a 501(c)(12)

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Overview

What is Shorewood Forest Utilities Inc?

Shorewood Forest Utilities Inc is a utility company based in Union Township, Porter County, Indiana. Primarily, they are responsible for the collection and treatment of sewage for the Shorewood Forest development and adjoining areas, as outlined in their certificate of territorial authority. With a service area of 1,166 members, Shorewood Forest Utilities plays a crucial role in maintaining the sanitation and hygiene of the community by ensuring the efficient and effective management of wastewater within their jurisdiction.


Official website here: www.shorewoodforestutilities.org

Is Shorewood Forest Utilities Inc legitimate?

Shorewood Forest Utilities Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Shorewood Forest Utilities 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: $185,327

For more financial information, click here


Official website here: www.shorewoodforestutilities.org

What is the mission statement of Shorewood Forest Utilities Inc?

Shorewood Forest Utilities Inc is dedicated to offering sewage collection and treatment services to its community. Specifically, it serves the Shorewood Forest development and adjacent areas within its designated service area. The utility aims to ensure the proper management of sewage, adhering to standards that maintain the health and safety of its members. By providing these essential services, Shorewood Forest Utilities Inc contributes significantly to the sanitation and environmental well-being of its community. Currently, the utility serves approximately 1,166 members.


Official website here: www.shorewoodforestutilities.org

Who is the CEO of Shorewood Forest Utilities Inc?

Tom Szefc is the President of Shorewood Forest Utilities Inc.


Official website here: www.shorewoodforestutilities.org

What is the revenue of Shorewood Forest Utilities Inc?

Shorewood Forest Utilities Inc's revenue in 2021 was $937,816.


Official website here: www.shorewoodforestutilities.org

Who are the executives of Shorewood Forest Utilities Inc and what are their salaries?

The average compensation at Shorewood Forest Utilities Inc during 2021 was $46,332. There are 4 employees at Shorewood Forest Utilities Inc.


Here are 5 key members and their salaries:


Thomas Szefc (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlotta Holmes (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthonly Sielski (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Stiles (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Hobson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shorewoodforestutilities.org

Where can I find the form 990 for Shorewood Forest Utilities Inc?

Shorewood Forest Utilities Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.shorewoodforestutilities.org

Learn more at the official website: www.shorewoodforestutilities.org

Mission Statement of Shorewood Forest Utilities Inc

Shorewood Forest Utilities, Inc., a utility company, dedicates its mission to the collection and treatment of sewage within the Shorewood Forest development and adjacent areas. This organization, serving a membership of 1,166 individuals, operates under the authority of a certificate within Union Township, Indiana. The primary function of Shorewood Forest Utilities, Inc. is to ensure the proper disposal and treatment of sewage, thereby maintaining the health and cleanliness of the communities it serves. By providing these essential services, Shorewood Forest Utilities, Inc. contributes significantly to the well-being of its neighborhoods, ensuring a safe and healthy environment for all its residents.

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Impact




June, 2024

Shorewood Forest Utilities Inc's impact is significant in providing essential sewage collection and treatment services to the Shorewood Forest development and adjacent areas within its certificate of territorial authority, located in Union Township, Porter County, Indiana. By serving 1,166 members, the organization plays a crucial role in maintaining environmental health and sanitation standards in the community. Through its dedicated efforts, Shorewood Forest Utilities Inc contributes to the overall well-being and quality of life of its residents while upholding environmental sustainability.




This information is meant to be a general summary of Shorewood Forest Utilities 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
$937,816 (2021)
Expenses
$987,563 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $379
  • Program Service Revenue: $944,907
  • Gross Receipts: $937,816

Assets and Liabilities:

  • Total Assets: $6,722,594
  • Total Liabilities: $2,321,865
  • Net Assets: $4,400,729

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Programs

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

FLAT RATE REVENUE

Revenue

$927,907

TAP IN FEES

Revenue

$17,000

Organization Details

Founding Year

1973

Principal Officer

Tom Szefc

Main Address

425 UTILITY DRIVE, VALPARAISO, IN, 46385

NTEE Category

Code: C20 - Environment

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