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Logansport Water System

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

EIN: 462920155 ✦ Boone, IA ✦ Designated as a 501(c)(4)

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Overview

What is Logansport Water System?

Logansport Water System is a small water utility company based in Boone, Iowa. Its primary mission is to provide water for both residential and agricultural purposes within the Logansport area. With a dedicated team of four employees, the organization works diligently to ensure a reliable water supply for the community, contributing to the overall well-being and sustainability of the region. Although not a traditional nonprofit organization, Logansport Water System plays an essential role in maintaining the basic necessities for its users.

Is Logansport Water System legitimate?

Logansport Water System is a legitimate nonprofit organization registered as a 501(c)(4) entity. Logansport Water System 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: $17,683
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,194

For more financial information, click here

What is the mission statement of Logansport Water System?

The Logansport Water System, as an organization, is dedicated to supplying water for residential and agricultural needs in a specified area. Its primary mission is geared towards ensuring a steady water supply for its community, contributing significantly to their daily living and agricultural activities. By providing this essential resource, the system plays a crucial role in sustaining the well-being and development of the region.

Who is the CEO of Logansport Water System?

Lowell Graham is the President of Logansport Water System.

What is the revenue of Logansport Water System?

Logansport Water System's revenue in 2022 was $115,494.

Who are the executives of Logansport Water System and what are their salaries?

The average compensation at Logansport Water System during 2022 was $5,219. There are 4 employees at Logansport Water System.


Here are 7 key members and their salaries:


Lowell Graham (President)
  • Compensation: $12,074
  • Related: $0
  • Other: $0
Sue Hudson (Secretary/Treas)
  • Compensation: $3,898
  • Related: $0
  • Other: $0
Joel Lindahl (Director)
  • Compensation: $1,711
  • Related: $0
  • Other: $0
Jeff Askey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Ohrtman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Osborne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Logansport Water System?

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

Mission Statement of Logansport Water System

The Logansport Water System, a vital organization, is dedicated to ensuring a reliable supply of water for both residential and agricultural purposes. This nonprofit works tirelessly to meet the water needs of the community, contributing significantly to the sustainability of the area it serves. By providing water resources, the Logansport Water System plays a crucial role in supporting everyday life, as well as the agricultural industry, fostering growth and prosperity in the region.

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Impact




June, 2024

Logansport Water System's impact is significant in providing water for residential and agricultural purposes in the Logansport, Iowa area. It plays a crucial role in ensuring access to clean and safe water for the community, contributing to the wellbeing and sustainability of the region. The organization's efforts help support the local economy, promote public health, and safeguard the environment by managing water resources effectively.




This information is meant to be a general summary of Logansport Water System. 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
$115,494 (2022)
Expenses
$132,352 (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: $88,383
  • Gross Receipts: $115,494

Assets and Liabilities:

  • Total Assets: $1,579,132
  • Total Liabilities: $827,812
  • Net Assets: $751,320

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Programs

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

FINANCE CHARGES

Revenue

$192

GRANT SURCHARGE

Revenue

$13,793

WATER USAGE FEES

Revenue

$74,398

Organization Details

Founding Year

2013

Principal Officer

Lowell Graham

Main Address

1148 198TH ROAD, BOONE, IA, 50036

NTEE Category

Code: C32 - Environment

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