Overview
What is Bondmadison Water Company?
BondMadison Water Company is a public utilities organization based in Pocahontas, IL. Their primary mission is to serve rural communities, supplying them with essential water services. As a nonprofit entity, they dedicate their resources to ensuring a consistent water supply for their member customers, contributing significantly to the quality of life in these rural areas.
Official website here: www.bondmadison.com
Is Bondmadison Water Company legitimate?
Bondmadison Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Bondmadison 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: $9,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $257,015
For more financial information, click here
Official website here: www.bondmadison.com
What is the mission statement of Bondmadison Water Company?
BondMadison Water Company's mission revolves around serving rural communities by providing essential water services. As a public utilities organization, it focuses on ensuring reliable water access for its members, thereby contributing to the overall well-being of the communities it serves. Although specific details about advocacy, research, or broader societal impact are not explicitly mentioned, the company's primary focus appears to be on maintaining and delivering water to its rural customer base.
Official website here: www.bondmadison.com
Who is the CEO of Bondmadison Water Company?
Bob Schrumpf is the Trustee of Bondmadison Water Company.
Official website here: www.bondmadison.com
What is the revenue of Bondmadison Water Company?
Bondmadison Water Company's revenue in 2022 was $2,963,590.
Official website here: www.bondmadison.com
Who are the executives of Bondmadison Water Company and what are their salaries?
The average compensation at Bondmadison Water Company during 2022 was $66,735. There are 4 employees at Bondmadison Water Company.
Here are 9 key members and their salaries:
- Compensation: $1,225
- Related: $0
- Other: $0
- Compensation: $1,275
- Related: $0
- Other: $0
- Compensation: $1,125
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $900
- Related: $0
- Other: $0
- Compensation: $1,075
- Related: $0
- Other: $0
- Compensation: $1,225
- Related: $0
- Other: $0
- Compensation: $975
- Related: $0
- Other: $0
- Compensation: $1,125
- Related: $0
- Other: $0
Official website here: www.bondmadison.com
Where can I find the form 990 for Bondmadison Water Company?
Bondmadison Water Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bondmadison.com
Learn more at the official website: www.bondmadison.com
Mission Statement of Bondmadison Water Company
BondMadison Water Company, a public utilities organization, is dedicated to serving rural communities by providing them with a vital resource: water. Operating with a mission to ensure a steady supply of this essential commodity, the company aims to improve the quality of life for its member customers. Located in Pocahontas, Illinois, BondMadison Water Company's work is instrumental in ensuring that rural communities have access to clean and safe water, a necessity for daily life and overall health. By providing this essential service, the company plays a vital role in enhancing the well-being of its rural communities, thereby contributing to a better quality of life for its customers.
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Impact
June, 2024
Bondmadison Water Company plays a vital role in providing essential water services to its rural member customers in Pocahontas, Illinois. By supplying clean and safe water, the company ensures that residents have access to a basic necessity for their daily lives. This contributes significantly to the health and well-being of the community, as well as supporting various economic activities that rely on quality water supply. Bondmadison Water Company's impact can be seen in its direct contribution to the environmental sustainability of the area through its responsible management of water resources.
This information is meant to be a general summary of Bondmadison 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 2022.
- Investment Income: $45,272
- Program Service Revenue: $2,917,358
- Gross Receipts: $2,963,590
Assets and Liabilities:
- Total Assets: $13,389,254
- Total Liabilities: $9,137,768
- Net Assets: $4,251,486
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES
Revenue
$2,784,544
INSTALLATION FEES
Revenue
$122,500
REIMBURSEMENTS & FEES
Revenue
$10,314
Organization Details
Founding Year
1994
Phone
(618) 669-2861Principal Officer
Bob Schrumpf
Main Address
103 PARK STREET, POCAHONTAS, IL, 62275
Website
www.bondmadison.comNTEE Category
Code: C32 - Environment
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