Valley Rural Utility Company

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

EIN: 351941793 ✦ Lawrenceburg, IN ✦ Designated as a 501(c)(12)

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Overview

What is Valley Rural Utility Company?

Valley Rural Utility Company, located at 19435 Alpine Drive, Lawrenceburg, IN 47025, is a utility organization that serves a community of approximately 2,042 water and 691 natural gas customers. Its primary mission is to supply these essential resources, procured from external vendors, to its clientele. The company also manages the disposal of sewage generated by its customers, for which it incurs a fee from another utility. Employing a workforce of 8 individuals, Valley Rural Utility Company ensures the reliable and efficient delivery of these vital services to its customer base, contributing to the overall well-being and comfort of the community.

Is Valley Rural Utility Company legitimate?

Valley Rural Utility Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Valley Rural Utility Company 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: $372,972

For more financial information, click here

What is the mission statement of Valley Rural Utility Company?

Valley Rural Utility Company's mission is centered around providing essential utilities to its customers. It procures water and natural gas from external vendors and ensures their distribution to its customer base. For waste management, the company disposes of sewage and pays a fee to another utility company for this service. The company served approximately 2,042 water customers, supplying them with around 92,070,530 gallons of water. Similarly, it provided natural gas to 691 customers, amounting to approximately 43,354 MCF.

Who is the CEO of Valley Rural Utility Company?

Kevin Grosse is the Director of Valley Rural Utility Company.

What is the revenue of Valley Rural Utility Company?

Valley Rural Utility Company's revenue in 2022 was $3,394,156.

Who are the executives of Valley Rural Utility Company and what are their salaries?

The average compensation at Valley Rural Utility Company during 2022 was $46,622. There are 8 employees at Valley Rural Utility Company.


Here are 7 key members and their salaries:


Jeff Bittner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fritz Schaefer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Ciucci (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Grosse (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Hensley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Schumacher (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Valley Rural Utility Company?

Valley Rural Utility Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Valley Rural Utility Company

Valley Rural Utility Company, in its mission, is dedicated to providing essential services to its customers. Primarily, it procures water and natural gas from external vendors and distributes them to its clientele. Additionally, the utility company is responsible for disposing of sewage generated by its customers and pays a fee to another utility for this service. Overall, Valley Rural Utility Company's mission is centered around ensuring the supply of water and gas to its customers and managing sewage disposal, ensuring the well-being and comfort of its clientele.

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Impact




October, 2024

Valley Rural Utility Company significantly impacts the community of Lawrenceburg, Indiana, by providing essential water, gas, and sewage disposal services to its residents. In the past year, the utility sold approximately 92 million gallons of water, serving 2,042 customers, demonstrating its role in meeting the community's daily needs. Additionally, it supplied around 43,354 MCF of natural gas to 691 customers, ensuring that homes and businesses have access to reliable energy sources.

The utility's services are vital for public health and environmental sustainability, as proper waste disposal practices are crucial for maintaining the community's well-being. By sourcing water and gas from outside vendors, Valley Rural Utility Company is able to deliver high-caliber resources while managing the complexities of sewage disposal through partnerships with other utilities. This ensures that customers receive safe and efficient services, contributing to the overall quality of life in Lawrenceburg.




This information is meant to be a general summary of Valley Rural Utility Company. 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
$3,394,156 (2022)
Expenses
$2,881,638 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,003
  • Program Service Revenue: $3,376,431
  • Gross Receipts: $3,394,156

Assets and Liabilities:

  • Total Assets: $14,936,505
  • Total Liabilities: $12,837,290
  • Net Assets: $2,099,215

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Programs

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

SALES

Revenue

$3,232,808

AVAILABILITY FEES

Revenue

$79,260

OTHER FEES

Revenue

$32,755

TAP FEES & WATER METER FEES

Revenue

$31,608

Organization Details

Founding Year

1994

Principal Officer

Kevin Grosse

Main Address

19435 ALPINE DRIVE, LAWRENCEBURG, IN, 47025

NTEE Category

Code: W80 - Public benefit

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