Overview
What is Peterson Water Systems Inc?
Peterson Water Systems Inc, located in Peterston, Alabama, is a nonprofit organization that serves over 600 residents and businesses by providing them with drinking water in an affordable manner. As a community water system, it plays a vital role in ensuring the well-being of its citizens by supplying them with safe water. The organization, with a workforce of only four employees, diligently maintains and operates this essential service.
Is Peterson Water Systems Inc legitimate?
Peterson Water Systems Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Peterson Water Systems 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: $158,603
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What is the mission statement of Peterson Water Systems Inc?
Peterson Water Systems Inc's mission is centered around providing drinking water to approximately 600 residents and businesses in a community-based setup. The primary goal is to ensure that the water is safe and economically accessible, enabling citizens to afford this essential resource. The system operates as a community water system, aiming to serve its residents and businesses in an efficient manner.
Who is the CEO of Peterson Water Systems Inc?
Dennis Sellers is the President of Peterson Water Systems Inc.
What is the revenue of Peterson Water Systems Inc?
Peterson Water Systems Inc's revenue in 2022 was $525,965.
Who are the executives of Peterson Water Systems Inc and what are their salaries?
The average compensation at Peterson Water Systems Inc during 2022 was $39,651. There are 4 employees at Peterson Water Systems Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Peterson Water Systems Inc?
Peterson Water Systems Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Peterson Water Systems Inc
Peterson Water Systems Inc, as a community water system, is dedicated to providing drinking water to over 600 residents and businesses in an economical manner. The mission of this organization is to ensure that its citizens have access to safe water at an affordable price. By operating as a community water system, Peterson Water Systems Inc plays a crucial role in supplying a vital resource, enabling individuals to maintain their daily needs without undue financial strain.
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Impact
October, 2024
Peterson Water Systems Inc significantly impacts the local community by ensuring access to safe drinking water for over 600 residents and businesses. This community water system operates in an economically sustainable manner, allowing citizens to afford essential water services. By providing reliable and clean water, Peterson Water Systems Inc plays a crucial role in enhancing public health and supporting the overall well-being of the community in Peterson, Alabama. The availability of consistent, safe drinking water promotes a better quality of life and fosters a sense of security among residents and business owners alike.
This information is meant to be a general summary of Peterson Water Systems 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: $16
- Program Service Revenue: $525,949
- Gross Receipts: $525,965
Assets and Liabilities:
- Total Assets: $851,752
- Total Liabilities: $93,620
- Net Assets: $758,132
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER SALES
Revenue
$525,949
Organization Details
Founding Year
1969
Principal Officer
Dennis Sellers
Main Address
P O BOX 58, PETERSON, AL, 35478
NTEE Category
Code: W80 - Public benefit
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