Menard Rural Water Cooperative

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

EIN: 371341708 ✦ Petersburg, IL ✦ Designated as a 501(c)(12)

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Overview

What is Menard Rural Water Cooperative?

Menard Rural Water Cooperative is a nonprofit organization situated in Petersburg, Illinois. Their primary mission is to provide potable water supplies to rural cooperative customers. Operating on a not-for-profit basis, they aim to furnish essential water facilities for drinking and domestic use to their members, ensuring that this vital resource is accessible to the community. Their activities are focused on maintaining and upgrading water supply facilities to meet the needs of their members.

Is Menard Rural Water Cooperative legitimate?

Menard Rural Water Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Menard Rural 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 Menard Rural Water Cooperative?

The Menard Rural Water Cooperative is dedicated to providing water supply facilities for drinking and domestic use to its members. Operating on a non-profit basis, its primary objective is to furnish potable water to rural cooperative customers. This organization is not driven by profit motives, but rather, its focus is on meeting the water needs of its members in a sustainable and reliable manner.

Who is the CEO of Menard Rural Water Cooperative?

Terry Entwistle is the President of Menard Rural Water Cooperative.

What is the revenue of Menard Rural Water Cooperative?

Menard Rural Water Cooperative's revenue in 2022 was $387,572.

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

There 5 volunteers at Menard Rural Water Cooperative.


Here are 5 key members and their salaries:


Jim Bottoms (Director)
  • Compensation: $3,150
  • Related: $0
  • Other: $0
Kathy Ruppel (Treasurer)
  • Compensation: $600
  • Related: $0
  • Other: $0
Gary Park (Secretary)
  • Compensation: $250
  • Related: $0
  • Other: $0
Terry Entwistle (President)
  • Compensation: $250
  • Related: $0
  • Other: $0
Jennifer Jones (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Menard Rural Water Cooperative?

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

Mission Statement of Menard Rural Water Cooperative

Menard Rural Water Cooperative, a non-profit organization, is dedicated to providing essential water supply facilities for drinking and domestic use to its members. Its mission is to ensure that rural cooperative customers have access to potable water, operating without the intention of making a profit. The cooperative's primary goal is to serve its members by furnishing them with the necessary water infrastructure, thus fulfilling their basic needs for drinking and household use.

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Impact




October, 2024

Menard Rural Water Cooperative plays a crucial role in providing access to potable water supplies for its members in rural areas. By furnishing water supply facilities specifically designed for drinking and domestic use, the cooperative significantly enhances the quality of life for residents in Petersburg, Illinois, and surrounding communities.

The impact of Menard Rural Water Cooperative is evident in several key areas:

1. **Public Health**: Access to clean, safe drinking water is essential for maintaining public health. The cooperative ensures that its members receive reliable water supplies, reducing the risk of waterborne diseases and promoting overall community health.

2. **Economic Development**: Reliable water access is a fundamental resource for local businesses and agriculture. By providing consistent water service, the cooperative supports economic growth and stability within the region, enabling businesses to thrive and attract new investments.

3. **Community Sustainability**: The cooperative's focus on serving rural areas fosters sustainable communities. With access to sufficient water resources, residents can engage in agricultural activities, maintain healthy households, and participate actively in community life.

4. **Environmental Stewardship**: By managing water supply responsibly, Menard Rural Water Cooperative contributes to the sustainable management of natural resources in the region. Their efforts help to protect local ecosystems while ensuring that members have access to the water they need.

Overall, Menard Rural Water Cooperative is integral to the welfare and development of its service area, enhancing both the everyday lives of its members and the broader community.




This information is meant to be a general summary of Menard Rural 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
$387,572 (2022)
Expenses
$447,939 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $387,572
  • Gross Receipts: $387,572

Assets and Liabilities:

  • Total Assets: $2,931,081
  • Total Liabilities: $1,267,816
  • Net Assets: $1,663,265

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Programs

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

WATER REVENUE

Revenue

$387,572

Organization Details

Founding Year

1998

Principal Officer

Terry Entwistle

Main Address

PO BOX 86, PETERSBURG, IL, 62675

NTEE Category

Code: W80 - Public benefit

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