Overview
What is Silver Lake Company?
Silver Lake Company is a member-owned utility, specifically a water company, situated in Brighton, Utah. Its primary mission is to supply culinary water to property owners in Big Cottonwood Canyon, a nearby area. With a single employee, this local organization plays a vital role in ensuring the community's access to clean drinking water.
Is Silver Lake Company legitimate?
Silver Lake Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Silver Lake Company 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: $4,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Silver Lake Company?
The Silver Lake Company, as a member-owned entity, is dedicated to providing culinary water to property owners in specific areas. Its primary mission is to serve this niche market effectively, ensuring that the water meets the culinary needs of its clients. The company's activities are centered around delivering high-quality water, thereby enhancing the overall dining experience for the property owners. While the provided information is limited, it is evident that Silver Lake Company prioritizes customer satisfaction and quality service in its operations.
Who is the CEO of Silver Lake Company?
Don Despain is the President of Silver Lake Company.
What is the revenue of Silver Lake Company?
Silver Lake Company's revenue in 2023 was $268,805.
Who are the executives of Silver Lake Company and what are their salaries?
The average compensation at Silver Lake Company during 2023 was $4,800. There is 1 employee at Silver Lake Company.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Silver Lake Company?
Silver Lake Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Silver Lake Company
Silver Lake Company, a member-owned entity, is dedicated to its mission of supplying culinary water to property owners residing in Big Cottonwood Canyon and Brighton, Utah. This water company operates with the goal of fulfilling the water needs of its members, ensuring they have access to a necessary resource for their daily culinary uses. By providing this service, Silver Lake Company contributes to the well-being and comfort of its members, enabling them to maintain a high quality of life.
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Impact
October, 2024
Silver Lake Company plays a vital role in providing essential culinary water to property owners in Big Cottonwood Canyon, Brighton, Utah. As a member-owned water company, it ensures that residents have access to clean and safe water for everyday use, fostering a sense of community and shared responsibility among its members.
By prioritizing local needs, Silver Lake Company not only supports the well-being of its members but also contributes to the sustainability of the natural environment in the scenic canyon area. Its operations help maintain the quality of life for those living in this beautiful region, allowing residents to enjoy their homes while protecting the area's resources for future generations. The company's commitment to public benefit enhances community ties, emphasizes cooperation, and underscores the importance of reliable water access in mountainous communities.
This information is meant to be a general summary of Silver Lake Company. 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 2023.
- Investment Income: $83
- Program Service Revenue: $268,722
- Gross Receipts: $268,805
Assets and Liabilities:
- Total Assets: $1,164,532
- Total Liabilities: $90,069
- Net Assets: $1,074,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$268,722
Organization Details
Founding Year
1910
Principal Officer
Don Despain
Main Address
8021 S BRIGHTON LOOP ROAD, BRIGHTON, UT, 84121
NTEE Category
Code: W80 - Public benefit
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