Exeter-Merritt Water Cooperative

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

EIN: 371242290 ✦ Exeter, IL ✦ Designated as a 501(c)(12)

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Overview

What is Exeter-Merritt Water Cooperative?

The Exeter-Merritt Water Cooperative is a nonprofit organization with an undisclosed location, dedicated to providing water services to its customers. While specific details about its size, employees, or other activities are not provided, the organization's primary mission is clearly stated as ensuring a reliable water supply for its community. The cooperative's focus on water provision underscores its commitment to essential services and community well-being.

Is Exeter-Merritt Water Cooperative legitimate?

Exeter-Merritt Water Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Exeter-Merritt 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: $0

For more financial information, click here

What is the mission statement of Exeter-Merritt Water Cooperative?

The Exeter-Merritt Water Cooperative's primary purpose is to supply water to its customers. In line with this, their mission is centered around providing reliable and accessible water services. They strive to ensure the water they deliver is of high quality, meeting the needs and expectations of their customer base. Additionally, the cooperative may also aim to foster a sense of community and engagement among its customers, as cooperatives often prioritize the involvement of their members in decision-making processes. However, as the provided information is limited, the exact details of their additional goals or initiatives are not explicitly stated.

Who is the CEO of Exeter-Merritt Water Cooperative?

Tim Rahe is the Director of Exeter-Merritt Water Cooperative.

What is the revenue of Exeter-Merritt Water Cooperative?

Exeter-Merritt Water Cooperative's revenue in 2022 was $255,805.

Who are the executives of Exeter-Merritt Water Cooperative and what are their salaries?

There is 1 employee and 5 volunteers at Exeter-Merritt Water Cooperative.


Here are 5 key members and their salaries:


Jack Curtis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Rahe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Lakamp (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Crews (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Freeman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Exeter-Merritt Water Cooperative?

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

Mission Statement of Exeter-Merritt Water Cooperative

Exeter-Merritt Water Cooperative is dedicated to providing water to its customers. This nonprofit organization's mission is centered around ensuring a steady water supply for the communities it serves. By providing water, Exeter-Merritt Water Cooperative contributes to the overall well-being and daily necessities of its customers, making a significant impact on their lives. The cooperative's mission is to ensure a reliable and safe water supply, enhancing the quality of life for its customers.

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Impact




October, 2024

Exeter-Merritt Water Cooperative significantly impacts the community by providing essential water services to its customers in Exeter, IL. By ensuring access to clean and reliable water, the cooperative plays a crucial role in supporting public health and enhancing the quality of life for residents. Its commitment to serving the community highlights the importance of sustainable water management and contributes to the overall well-being of the population. The cooperative's efforts help foster a sense of community reliance and promote responsible stewardship of water resources, which is vital for both current and future generations.




This information is meant to be a general summary of Exeter-Merritt 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
$255,805 (2022)
Expenses
$279,034 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $478
  • Program Service Revenue: $255,327
  • Gross Receipts: $255,805

Assets and Liabilities:

  • Total Assets: $1,896,030
  • Total Liabilities: $1,254,976
  • Net Assets: $641,054

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Programs

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

WATER REVENUE

Revenue

$255,327

Organization Details

Principal Officer

Tim Rahe

Main Address

35 MAIN STREET BOX 121, EXETER, IL, 62621

NTEE Category

Code: W80 - Public benefit

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