Beaches Water Company Inc

Beaches Water Co-Operative

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

EIN: 521295865 ✦ St leonard, MD ✦ Designated as a 501(c)(12)

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Overview

What is Beaches Water Company Inc?

Beaches Water Company Inc, based in St. Leonard, Maryland, operates as a cooperative utility company, primarily focused on the operation and maintenance of a central water supply and distribution system. Their primary mission is to ensure the provision of clean water for both conventional and domestic uses, as well as for fire protection purposes. The company operates under the name "Beaches Water Co-operative" and, while not classified as a nonprofit organization in the information provided, it serves a vital role in supplying essential water resources to its community.


Official website here: www.beacheswater.com

Is Beaches Water Company Inc legitimate?

Beaches Water Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Beaches Water Company Inc 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


Official website here: www.beacheswater.com

What is the mission statement of Beaches Water Company Inc?

Beaches Water Company Inc's mission is centered around providing essential water services. Specifically, they aim to supply water for conventional and domestic use, as well as for fire protection. This is accomplished through the operation and maintenance of a central water supply and distribution system, functioning as a cooperative utility company. In essence, Beaches Water Company Inc is dedicated to ensuring a reliable water supply for various needs, contributing to the safety and well-being of the communities it serves.


Official website here: www.beacheswater.com

Who is the CEO of Beaches Water Company Inc?

Gerhardt Riedel is the Director of Beaches Water Company Inc.


Official website here: www.beacheswater.com

What is the revenue of Beaches Water Company Inc?

Beaches Water Company Inc's revenue in 2023 was $538,683.


Official website here: www.beacheswater.com

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

There 7 volunteers at Beaches Water Company Inc.


Here are 7 key members and their salaries:


Gary P Clarke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Forgette (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Digeorge (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerhardt Riedel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Murdoch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Wheeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.beacheswater.com

Where can I find the form 990 for Beaches Water Company Inc?

Beaches Water Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.beacheswater.com

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

Mission Statement of Beaches Water Company Inc

Beaches Water Company Inc, as a cooperative utility company, is dedicated to providing water for conventional and domestic use, as well as ensuring adequate fire protection. Its mission is centered around operating and maintaining a central water supply and distribution system, serving as a vital resource for various purposes. This mission underpins the company's role in ensuring reliable and safe water supply, contributing to the well-being and safety of its users.

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Impact




October, 2024

Beaches Water Company Inc plays a crucial role in the community by providing essential water services for both conventional and domestic use, as well as fire protection. Operating as a cooperative utility company, it manages the operation and maintenance of a central water supply and distribution system in St. Leonard, Maryland. This ensures that residents have reliable access to safe drinking water while also safeguarding the community with fire protection capabilities. The company's commitment to delivering these vital resources contributes significantly to public health, safety, and overall quality of life in the area.




This information is meant to be a general summary of Beaches Water Company Inc. 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
$538,683 (2023)
Expenses
$496,805 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $263
  • Program Service Revenue: $538,420
  • Gross Receipts: $538,683

Assets and Liabilities:

  • Total Assets: $1,455,370
  • Total Liabilities: $328,561
  • Net Assets: $1,126,809

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Programs

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

WATER SERVICE REVENUE

Revenue

$515,363

OTHER FEES AND RELATED

Revenue

$16,587

HOOK-UP/DISCONNECT FEE

Revenue

$5,720

ADVERTISING REVENUE

Revenue

$750

Organization Details

Founding Year

1982

Principal Officer

Gerhardt Riedel

Main Address

PO BOX 164, ST LEONARD, MD, 206850164

NTEE Category

Code: W80 - Public benefit

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