Keowee Key Utility System Inc

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

EIN: 570980098 ✦ Salem, SC ✦ Designated as a 501(c)(12)

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Overview

What is Keowee Key Utility System Inc?

Keowee Key Utility System Inc, located in Salem, South Carolina, is a privately-owned utility company serving approximately 1,600 members within the Keowee Key community. Their primary mission is to provide reliable and cost-effective water distribution, waste collection, and treatment services. This nonprofit organization has a dedicated workforce of 19 employees who are always on call to address any water line breakages or sewer-related issues, ensuring the safety of their team members and adhering to all environmental regulations. Keowee Key Utility System Inc is committed to delivering essential services to its community, with a focus on maintaining a dependable utility system.

Is Keowee Key Utility System Inc legitimate?

Keowee Key Utility System Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Keowee Key Utility System 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: $355,180

For more financial information, click here

What is the mission statement of Keowee Key Utility System Inc?

Keowee Key Utility System Inc, as a privately-owned utility, is committed to providing reliable and cost-effective water distribution, waste collection, and treatment services to its members. The company prioritizes the safety of its team members and proactively adheres to all environmental regulations. In case of emergencies such as water line breakages or sewer-related issues, their staff is available 24/7 to respond promptly. Keowee Key Utility System Inc serves approximately 1,600 members within its community, ensuring consistent service delivery.

Who is the CEO of Keowee Key Utility System Inc?

Joe Drummond is the President of Keowee Key Utility System Inc.

What is the revenue of Keowee Key Utility System Inc?

Keowee Key Utility System Inc's revenue in 2022 was $2,249,986.

Who are the executives of Keowee Key Utility System Inc and what are their salaries?

The average compensation at Keowee Key Utility System Inc during 2022 was $18,694. There are 19 employees at Keowee Key Utility System Inc.


Here are 3 key members and their salaries:


Joe Drummond (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Johnson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Cole (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Keowee Key Utility System Inc?

Keowee Key Utility System Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Keowee Key Utility System Inc

Keowee Key Utility System Inc, a privately-owned utility, is dedicated to providing its members with reliable and cost-effective water distribution and waste collection and treatment services. The organization's mission is to ensure the safety of its team members while proactively meeting or exceeding all environmental regulations. Keowee Key Utility System Inc serves around 1,600 members within its community, and its employees are always on call to promptly respond to any water line breakages or sewer-related issues. The utility company's primary goal is to maintain a dependable service for its members, prioritizing their needs and adhering to stringent environmental standards.

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Impact




October, 2024

Keowee Key Utility System Inc plays a crucial role in the daily lives of approximately 1,600 members in the Keowee Key community by providing essential water and sewer services. Employees are dedicated to maintaining reliable service, readily available 24/7 to address any emergencies, such as water line breaks or sewer-related issues. The utility focuses on delivering dependable and cost-effective water distribution and waste collection services while ensuring the safety of its team members. Furthermore, it prioritizes environmental stewardship, consistently meeting or exceeding all regulatory requirements, which contributes to the overall well-being of the community and its surrounding environment. This commitment not only enhances the quality of life for residents but also fosters a sustainable environment for future generations.




This information is meant to be a general summary of Keowee Key Utility System 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
$2,249,986 (2022)
Expenses
$2,084,023 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $59,850
  • Program Service Revenue: $2,187,067
  • Gross Receipts: $2,258,592

Assets and Liabilities:

  • Total Assets: $9,425,976
  • Total Liabilities: $3,862,002
  • Net Assets: $5,563,974

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Programs

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

WATER/SEWER SERVICE

Revenue

$2,187,067

Organization Details

Founding Year

1993

Principal Officer

Joe Drummond

Main Address

1392 STAMP CREEK ROAD, SALEM, SC, 29676

NTEE Category

Code: W80 - Public benefit

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