Gateway Regional Water Company

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

EIN: 371353642 ✦ Sandoval, IL ✦ Designated as a 501(c)(12)

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Overview

What is Gateway Regional Water Company?

Gateway Regional Water Company is a nonprofit organization that plays a vital role in supplying water to its local community. Located within its mission, the company operates a water treatment plant and manages a distribution system, ensuring reliable water delivery to its members. By providing this essential service, Gateway Regional Water Company contributes significantly to the well-being and daily needs of its local population.

Is Gateway Regional Water Company legitimate?

Gateway Regional Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Gateway Regional 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: $66,456
Professional Fundraising Fees: $0
Other Salaries and Wages: $414,840

For more financial information, click here

What is the mission statement of Gateway Regional Water Company?

Gateway Regional Water Company's mission centers around delivering clean water to its local community. The company runs a water treatment plant and distribution system, serving as its primary means to fulfill this mission. By providing water to its members, Gateway Regional Water Company aims to contribute positively to the well-being and daily lives of the community it serves. The company's operations strive to ensure a reliable water supply, contributing to the overall health and safety of the local population.

Who is the CEO of Gateway Regional Water Company?

Keith Ritter is the President of Gateway Regional Water Company.

What is the revenue of Gateway Regional Water Company?

Gateway Regional Water Company's revenue in 2022 was $1,838,329.

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

The average compensation at Gateway Regional Water Company during 2022 was $68,757. There are 7 employees and 6 volunteers at Gateway Regional Water Company.


Here are 18 key members and their salaries:


Keith Ritter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Mcknight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Cash (Treasurer)
  • Compensation: $12,750
  • Related: $0
  • Other: $0
Aimee Keller (Secretary)
  • Compensation: $42,348
  • Related: $0
  • Other: $0
Steve Lindsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janie Grimes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toby Rinehart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Mount (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Blanton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clinton Hood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Torres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Vaughn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Temp Vacant Vernon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Engel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Diss (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Logan Dye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gateway Regional Water Company?

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

Mission Statement of Gateway Regional Water Company

Gateway Regional Water Company, as its name suggests, is dedicated to delivering water to its local members. This organization operates a water treatment plant and distribution system with the primary objective of providing water service to its community. By carrying out this mission, Gateway Regional Water Company plays a vital role in ensuring the basic needs of its members are met. The company's water delivery system is a crucial component of its operations, enabling it to fulfill its mission and contribute positively to the well-being of its community.

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Impact




October, 2024

Gateway Regional Water Company significantly impacts the community of Sandoval, Illinois, by ensuring reliable access to clean water through its operations. By running a water treatment plant and a comprehensive distribution system, the company delivers essential water services to local members, contributing to public health and welfare. This commitment to providing high-quality water supports not only residential needs but also local businesses and community development, fostering a healthier and more sustainable environment for all residents. The company's focus on mutual benefit enhances community cohesion and ensures that water resources are managed effectively for present and future generations.




This information is meant to be a general summary of Gateway Regional 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
$1,838,329 (2022)
201120122013201420152016201720182019202020212022$0$500k$1M$1.5M$2M
Expenses
$2,265,961 (2022)
201120122013201420152016201720182019202020212022$0$600k$1.2M$1.8M$2.4M
Efficiency
2011201220132014201520162017201820192020202120220%6%12%18%27%

Other financial information:

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

  • Investment Income: $6,529
  • Program Service Revenue: $1,787,035
  • Gross Receipts: $1,838,329

Assets and Liabilities:

  • Total Assets: $17,715,984
  • Total Liabilities: $12,176,144
  • Net Assets: $5,539,840

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Programs

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

Member Water Sales

Revenue

$1,787,035

Bulk Water Sales

Organization Details

Founding Year

1996

Principal Officer

Keith Ritter

Main Address

1120 Tonti Rd, Sandoval, IL, 62882

NTEE Category

Code: Y22 - Mutual benefit

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