Overview
What is Rowan Water Inc?
Rowan Water Inc, situated in Morehead, Kentucky, is a nonprofit organization primarily focused on providing essential water services to the residents within Rowan County. With a workforce of ten dedicated individuals, this organization plays a crucial role in ensuring a consistent and reliable water supply within its jurisdiction. The organization's primary mission and activity revolve around delivering water services to the local community, contributing positively to the quality of life in the area.
Is Rowan Water Inc legitimate?
Rowan Water Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rowan Water 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: $98,362
Professional Fundraising Fees: $0
Other Salaries and Wages: $467,686
For more financial information, click here
What is the mission statement of Rowan Water Inc?
Rowan Water Inc is committed to serving the water needs of the residents within its jurisdiction. Its primary mission is to provide reliable and consistent water services to the community in Rowan County. The organization strives to ensure a clean and safe water supply, maintaining and upgrading its infrastructure as necessary. Additionally, Rowan Water Inc may also engage in educational initiatives to promote water conservation and responsible water usage among its customers. The company's ultimate goal is to contribute positively to the quality of life for its customers by ensuring they have access to a vital resource: clean water.
Who is the CEO of Rowan Water Inc?
Larry Johnson is the President of Rowan Water Inc.
What is the revenue of Rowan Water Inc?
Rowan Water Inc's revenue in 2022 was $3,360,125.
Who are the executives of Rowan Water Inc and what are their salaries?
The average compensation at Rowan Water Inc during 2022 was $56,605. There are 10 employees at Rowan Water Inc.
Here are 6 key members and their salaries:
- Compensation: $74,178
- Related: $0
- Other: $0
- Compensation: $5,652
- Related: $0
- Other: $0
- Compensation: $5,652
- Related: $0
- Other: $0
- Compensation: $4,649
- Related: $0
- Other: $0
- Compensation: $4,649
- Related: $0
- Other: $0
- Compensation: $3,582
- Related: $0
- Other: $0
Where can I find the form 990 for Rowan Water Inc?
Rowan Water Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rowan Water Inc
Rowan Water Inc, as stated in its mission description, is dedicated to serving the water needs of the residents in the Rowan County area. The organization's primary objective is to ensure a constant supply of clean and potable water, acting as a vital service provider in this regard. By providing water service, Rowan Water Inc contributes to the well-being and comfort of the community, making everyday activities, such as cooking, cleaning, and hydration, easier and safer for its residents.
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Impact
October, 2024
Rowan Water Inc plays a crucial role in ensuring that residents in the Rowan County area have access to clean and reliable water services. By providing water to the community, the organization supports public health, environmental sustainability, and economic development. This access to safe drinking water is essential for daily living, sanitation, and overall well-being. Their mission reinforces the importance of reliable infrastructure, fostering a sense of community and contributing to the quality of life for the residents of Morehead, KY.
This information is meant to be a general summary of Rowan Water 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$2,379
- Program Service Revenue: $3,186,619
- Gross Receipts: $3,373,957
Assets and Liabilities:
- Total Assets: $11,873,855
- Total Liabilities: $6,371,755
- Net Assets: $5,502,100
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Water Sales and Related
Revenue
$3,186,619
Organization Details
Founding Year
1968
Principal Officer
Larry Johnson
Main Address
1765 Christy Creek, Morehead, KY, 40351
NTEE Category
Code: W80 - Public benefit
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