Abs Water Cooperative

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

EIN: 371099009 ✦ Clayton, IL ✦ Designated as a 501(c)(12)

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Overview

What is Abs Water Cooperative?

Abs Water Cooperative is a nonprofit organization located in Clayton, Illinois, with an address at 415 S Jackson St. Their primary mission is to provide reliable water services to their cooperative members. With a team of nine dedicated individuals, they aim to meet the water needs of their community, ensuring a consistent and clean water supply. The cooperative's activities are centered around this primary objective, ensuring an uninterrupted water service to its members.

Is Abs Water Cooperative legitimate?

Abs Water Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Abs Water Cooperative 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: $231,696

For more financial information, click here

What is the mission statement of Abs Water Cooperative?

Abs Water Cooperative's mission is centered around providing water service to its cooperative members. This commitment is reflected in its activities, as the cooperative strives to deliver clean and reliable water to its members consistently. The cooperative's primary objective is to ensure that its members have access to this essential resource, thereby enhancing their quality of life. In fulfilling its mission, Abs Water Cooperative demonstrates a dedication to upholding the trust and satisfaction of its members. It aims to maintain high standards of service and reliability, continually working towards improving its operations and infrastructure to better serve its community.

Who is the CEO of Abs Water Cooperative?

Steve Vonholt is the Director of Abs Water Cooperative.

What is the revenue of Abs Water Cooperative?

Abs Water Cooperative's revenue in 2022 was $1,922,137.

Who are the executives of Abs Water Cooperative and what are their salaries?

The average compensation at Abs Water Cooperative during 2022 was $25,744. There are 9 employees at Abs Water Cooperative.


Here are 7 key members and their salaries:


Larry Burkemper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Duncan (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Md Ideus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dewie Mayfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brein Ohnemus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Vonholt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Yingling (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Abs Water Cooperative?

Abs Water Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Abs Water Cooperative

Abs Water Cooperative is committed to providing water service to its members, serving as a vital resource for their daily needs. This mission is at the heart of the cooperative's activities, ensuring that its members have access to clean and reliable water. By offering this essential service, Abs Water Cooperative plays a significant role in improving the quality of life for its members, enabling them to maintain their homes and communities. The cooperative's dedication to providing water service is reflective of its commitment to its members and the community it serves.

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Impact




October, 2024

Abs Water Cooperative plays a crucial role in ensuring access to clean and reliable water for its members in Clayton, IL. By providing essential water services, it directly impacts the health and well-being of the community, fostering a sustainable environment for residents. This cooperative model promotes collective responsibility and community engagement, empowering members to participate in the management and maintenance of their water resources. Through its commitment to public benefit, Abs Water Cooperative enhances the quality of life for its members, ensuring they have consistent access to a vital resource.




This information is meant to be a general summary of Abs Water Cooperative. 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
$1,922,137 (2022)
Expenses
$1,902,205 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,110
  • Program Service Revenue: $1,901,027
  • Gross Receipts: $1,922,137

Assets and Liabilities:

  • Total Assets: $11,045,610
  • Total Liabilities: $7,518,308
  • Net Assets: $3,527,302

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Programs

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

WATER SALES

Revenue

$1,847,197

LATE CHARGES

Revenue

$29,524

CONNECTION FEES

Revenue

$23,016

MISC INCOME

Revenue

$1,290

Organization Details

Principal Officer

Steve Vonholt

Main Address

415 S JACKSON ST, CLAYTON, IL, 62324

NTEE Category

Code: W80 - Public benefit

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