Fyre Lake Water Company Inc

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

EIN: 363053521 ✦ Sherrard, IL ✦ Designated as a 501(c)(12)

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Overview

What is Fyre Lake Water Company Inc?

Fyre Lake Water Company Inc is a nonprofit organization situated in Sherrard, Illinois, specifically at 513 Fyre Lake Drive. The primary mission of this company is to provide potable water service to approximately 295 residences within the Fyre Lake Development, a private rural subdivision situated near Sherrard in Mercer County. With a modest workforce of four individuals, Fyre Lake Water Company Inc ensures the delivery of clean and safe water to the community it serves, contributing significantly to the well-being and comfort of its residents.

Is Fyre Lake Water Company Inc legitimate?

Fyre Lake Water Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fyre Lake 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: $20,460
Professional Fundraising Fees: $0
Other Salaries and Wages: $120

For more financial information, click here

What is the mission statement of Fyre Lake Water Company Inc?

The mission of Fyre Lake Water Company Inc, in its essence, is centered around providing potable water services. This mission is directed towards approximately 295 residences situated within the Fyre Lake Development, a private rural subdivision located near Sherrard, IL in Mercer County. The company's primary objective is to ensure the availability of clean drinking water for these homes, thereby contributing to their overall well-being.

Who is the CEO of Fyre Lake Water Company Inc?

Unavailable

What is the revenue of Fyre Lake Water Company Inc?

Fyre Lake Water Company Inc's revenue in 2022 was $133,337.

Who are the executives of Fyre Lake Water Company Inc and what are their salaries?

The average compensation at Fyre Lake Water Company Inc during 2022 was $5,145. There are 4 employees at Fyre Lake Water Company Inc.


Here are 10 key members and their salaries:


Robert Dan Helm (Certified Water Operator)
  • Compensation: $12,240
  • Related: $0
  • Other: $0
Mary F Mott (Assistant Secretarytreasuer)
  • Compensation: $4,860
  • Related: $0
  • Other: $0
Bob De Hamer (Backup Operator)
  • Compensation: $3,360
  • Related: $0
  • Other: $0
Jeffrey Wilson (Part Time Worker)
  • Compensation: $120
  • Related: $0
  • Other: $0
Robert Colson (Director & Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Barndollar (Director & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Rogan (Director & President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Miller (Director & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Thornton (Director & Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Bertelsen (Director & Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fyre Lake Water Company Inc?

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

Mission Statement of Fyre Lake Water Company Inc

Fyre Lake Water Company Inc, a nonprofit organization, is dedicated to providing potable water service to approximately 295 residences situated within the Fyre Lake Development, a private rural subdivision located near Sherrard in Mercer County. The company's mission is centered around ensuring a constant supply of clean and safe drinking water to the residents of this community. By providing this essential service, Fyre Lake Water Company Inc plays a crucial role in maintaining the health and well-being of the individuals living within the Fyre Lake Development. The organization's commitment to delivering high-quality water service contributes to the overall comfort and safety of this private rural subdivision.

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Impact




October, 2024

Fyre Lake Water Company Inc plays a crucial role in ensuring access to potable water for approximately 295 residences within the Fyre Lake development near Sherrard, Illinois, in Mercer County. By providing essential water services, the company significantly contributes to the health and well-being of the community, facilitating everyday activities such as cooking, cleaning, and sanitation.

With its reliable water supply, Fyre Lake Water Company supports the quality of life for residents in this private rural subdivision. It also enhances property values and promotes a sense of security within the community, as access to clean water is fundamental for both individual households and the broader environment. Overall, the company’s efforts guarantee that residents have consistent access to safe drinking water, thereby fostering a healthier and more sustainable living environment in the region.




This information is meant to be a general summary of Fyre Lake 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
$133,337 (2022)
Expenses
$130,041 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,329
  • Program Service Revenue: $129,228
  • Gross Receipts: $133,337

Assets and Liabilities:

  • Total Assets: $1,693,049
  • Total Liabilities: $299,683
  • Net Assets: $1,393,366

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Programs

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

WATER SERVICE FEES

Revenue

$126,308

LATE PAYMENT FEES

Revenue

$2,920

Organization Details

Founding Year

1972

Main Address

513 FYRE LAKE DRIVE, SHERRARD, IL, 61281

NTEE Category

Code: W80 - Public benefit

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