Fayette Water Company

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

EIN: 371279790 ✦ Brownstown, IL ✦ Designated as a 501(c)(12)

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Overview

What is Fayette Water Company?

Fayette Water Company serves as a vital rural water delivery system, supplying an impressive volume of approximately 192 million gallons of water to more than 2,000 rural residents. Located primarily in Illinois, the company is currently expanding its services with the construction of a new water phase in Brownstown. The company's mission revolves around ensuring reliable water access for its rural community, making a significant impact on the daily lives of its customers.


Official website here: www.fayettewatercompany.com

Is Fayette Water Company legitimate?

Fayette Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fayette 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: $94,428
Professional Fundraising Fees: $0
Other Salaries and Wages: $280,857

For more financial information, click here


Official website here: www.fayettewatercompany.com

What is the mission statement of Fayette Water Company?

Fayette Water Company serves as a rural water delivery system, supplying approximately 192 million gallons of water to over 2,000 rural customers. The company is currently engaged in expanding its services, with the commencement of a new water phase in Brownstown, IL. In essence, Fayette Water Company's mission is to ensure sustainable and reliable water supply to its rural clientele, continually striving to enhance its infrastructure and service delivery.


Official website here: www.fayettewatercompany.com

Who is the CEO of Fayette Water Company?

Dennis R Vaughn is the Executive Director of Fayette Water Company.


Official website here: www.fayettewatercompany.com

What is the revenue of Fayette Water Company?

Fayette Water Company's revenue in 2022 was $2,215,156.


Official website here: www.fayettewatercompany.com

Who are the executives of Fayette Water Company and what are their salaries?

The average compensation at Fayette Water Company during 2022 was $37,528. There are 10 employees at Fayette Water Company.


Here are 10 key members and their salaries:


Matt Howard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Harrison (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Zeaman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Trexler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Barr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis L Vaughn (President)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Eric Tucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Robbins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Stacey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis R Vaughn (Executive Director)
  • Compensation: $85,584
  • Related: $0
  • Other: $0


Official website here: www.fayettewatercompany.com

Where can I find the form 990 for Fayette Water Company?

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


Official website here: www.fayettewatercompany.com

Learn more at the official website: www.fayettewatercompany.com

Mission Statement of Fayette Water Company

Fayette Water Company, as a rural water delivery system, is committed to providing water to a substantial number of rural residents. This organization serves over 2,000 customers, supplying them with approximately 192,266,700 gallons of water. Currently, they are engaged in expanding their services by constructing a new water phase in Brownstown, IL. The company's mission is centered around ensuring reliable and sustainable water access for rural communities, thereby contributing to their overall well-being.

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Impact




October, 2024

Fayette Water Company significantly impacts rural communities by providing access to clean, reliable water. Serving over 2,000 customers, the company delivers approximately 192,266,700 gallons of water, which is essential for daily living, agriculture, and economic development in the region. The recent construction of a new water phase in Brownstown, IL, underscores its commitment to expanding infrastructure and improving services. This water delivery system not only enhances the quality of life for residents but also supports community growth and sustainability, reinforcing its role as a vital resource in rural areas.




This information is meant to be a general summary of Fayette 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.

Revenue
$2,215,156 (2022)
Expenses
$2,213,303 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,542
  • Program Service Revenue: $2,036,149
  • Gross Receipts: $2,215,156

Assets and Liabilities:

  • Total Assets: $20,479,940
  • Total Liabilities: $10,209,134
  • Net Assets: $10,270,806

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Programs

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

WATER SALES

Revenue

$2,036,149

Organization Details

Founding Year

1996

Principal Officer

Dennis R Vaughn

Main Address

2371 N 1350 ST, BROWNSTOWN, IL, 62418

NTEE Category

Code: W80 - Public benefit

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