Overview
What is Cherry Lake Utilities Corporation?
Cherry Lake Utilities Corporation is a nonprofit organization, serving around 280 members primarily by providing them with clean, potable water. Their primary mission revolves around this essential service, ensuring the well-being of their community members by maintaining a reliable water supply. The corporation does not disclose further details about its operations or additional initiatives, but its primary focus remains on water supply.
Is Cherry Lake Utilities Corporation legitimate?
Cherry Lake Utilities Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Cherry Lake Utilities Corporation 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: $20,209
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,525
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What is the mission statement of Cherry Lake Utilities Corporation?
The Cherry Lake Utilities Corporation's primary mission is to provide potable water to its members. This mission is carried out diligently, ensuring the supply of clean and safe water to approximately 280 individuals who are part of the corporation. The corporation's activities are centered around this mission, aiming to maintain a reliable water supply system and ensure the satisfaction of its members. The corporation's commitment to its mission is evident in its day-to-day operations, as it strives to meet the water needs of its community in an efficient and responsible manner.
Who is the CEO of Cherry Lake Utilities Corporation?
George Wheeler is the President of Cherry Lake Utilities Corporation.
What is the revenue of Cherry Lake Utilities Corporation?
Cherry Lake Utilities Corporation's revenue in 2021 was $110,251.
Who are the executives of Cherry Lake Utilities Corporation and what are their salaries?
The average compensation at Cherry Lake Utilities Corporation during 2021 was $7,434. There are 4 employees at Cherry Lake Utilities Corporation.
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Where can I find the form 990 for Cherry Lake Utilities Corporation?
Cherry Lake Utilities Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Cherry Lake Utilities Corporation
Cherry Lake Utilities Corporation, as its mission statement suggests, is dedicated to providing potable water to its approximately 280 members. This mission is carried out with the utmost importance placed on ensuring the water supplied is of the highest quality, meeting the basic needs of its members for drinking, cooking, and other domestic uses. The corporation operates with a commitment to delivering a reliable water supply, ensuring that its members have access to clean and safe water at all times. By fulfilling this mission, Cherry Lake Utilities Corporation plays a crucial role in maintaining the health and well-being of its community, providing a fundamental service that is essential for daily life.
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Impact
October, 2024
Cherry Lake Utilities Corporation plays a crucial role in ensuring access to clean and safe drinking water for approximately 280 members in Madison, Florida. By supplying potable water, the corporation not only supports the basic health and well-being of the community but also contributes to the overall public benefit. The consistent provision of quality water is essential for daily living, sanitation, and public health, directly impacting the quality of life for residents in the area. This essential service fosters community resilience and supports the local economy by providing a fundamental resource necessary for various activities and industries.
This information is meant to be a general summary of Cherry Lake Utilities Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $630
- Program Service Revenue: $108,893
- Gross Receipts: $110,251
Assets and Liabilities:
- Total Assets: $210,568
- Total Liabilities: $34,032
- Net Assets: $176,536
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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
$108,893
Organization Details
Founding Year
1965
Phone
(850) 929-4620Principal Officer
George Wheeler
Main Address
257 NE BERKSHIRE ROAD, MADISON, FL, 323403605
NTEE Category
Code: W80 - Public benefit
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