Overview
What is Raccoon Water Company?
Raccoon Water Company is a nonprofit entity situated in Centralia, Illinois, specifically at 2640 State Route 161. Their primary focus is on developing, constructing, owning, and operating water supply and distribution facilities and systems. Utilizing these facilities, they provide and sell water to the system's users for both drinking and general domestic purposes. With a workforce of six individuals, their mission is centered around ensuring the availability and distribution of clean water for domestic use, contributing to the well-being of the community they serve.
Is Raccoon Water Company legitimate?
Raccoon Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Raccoon Water 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: $86,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Raccoon Water Company?
Raccoon Water Company's mission is centered around the development, construction, and operation of water supply and distribution facilities. Their primary objective is to provide clean water for drinking and general domestic use by selling it to the users of their system. The company is dedicated to ensuring a reliable water supply for its customers, utilizing its own facilities and systems.
Who is the CEO of Raccoon Water Company?
Jerry Davis is the Treasurer of Raccoon Water Company.
What is the revenue of Raccoon Water Company?
Raccoon Water Company's revenue in 2023 was $263,632.
Who are the executives of Raccoon Water Company and what are their salaries?
The average compensation at Raccoon Water Company during 2023 was $14,389. There are 6 employees at Raccoon Water Company.
Here are 8 key members and their salaries:
- Compensation: $85,133
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Raccoon Water Company?
Raccoon Water Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Raccoon Water Company
Raccoon Water Company, as a mission-driven entity, is committed to developing, constructing, and operating water supply and distribution facilities and systems. Their primary objective is to furnish and sell this essential resource, specifically for drinking and general domestic use, to the users of their system. By undertaking these activities, Raccoon Water Company plays a vital role in ensuring a reliable water supply for its clientele.
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Impact
October, 2024
Raccoon Water Company plays a vital role in ensuring access to reliable water supply and distribution in Centralia, IL. By developing and operating water supply facilities, the company meets the essential needs of the community for drinking and general domestic use. This infrastructure not only supports public health and sanitation but also contributes to the overall quality of life in the region. The reliable water services provided by Raccoon Water Company foster economic development, support local agriculture, and enhance the well-being of residents, making it a cornerstone of the community's infrastructure.
This information is meant to be a general summary of Raccoon Water 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $9,710
- Gross Receipts: $1,538,736
Assets and Liabilities:
- Total Assets: $4,433,889
- Total Liabilities: $1,621,358
- Net Assets: $2,812,531
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Organization Details
Founding Year
1971
Phone
(618) 532-9201Principal Officer
Jerry Davis
Main Address
2640 State Route 161, Centralia, IL, 62801
NTEE Category
Code: W80 - Public benefit
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