Round Butte Water Company

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

EIN: 816016034 ✦ Ronan, MT ✦ Designated as a 501(c)(12)

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Overview

What is Round Butte Water Company?

Round Butte Water Company is a small yet crucial nonprofit organization, located in Ronan, Montana. With a modest workforce of just two individuals, their primary mission is to provide essential water services to approximately 500 community members. The company's operations are centered around ensuring a reliable water supply, contributing to the overall well-being and quality of life for its members.

Is Round Butte Water Company legitimate?

Round Butte Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Round Butte Water 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: $10,784
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,976

For more financial information, click here

What is the mission statement of Round Butte Water Company?

The Round Butte Water Company's primary objective is to deliver water services to approximately 500 members. This mission is carried out with dedication and commitment, ensuring reliable and consistent water supply to its customer base. The company's activities are centered around providing this essential service, aiming to meet the needs and expectations of its community. While the company does not engage in extensive advocacy or research like some other organizations, its focus on delivering water service remains its central mission.

Who is the CEO of Round Butte Water Company?

Tim Herreid is the President of Round Butte Water Company.

What is the revenue of Round Butte Water Company?

Round Butte Water Company's revenue in 2022 was $89,348.

Who are the executives of Round Butte Water Company and what are their salaries?

The average compensation at Round Butte Water Company during 2022 was $15,880. There are 2 employees at Round Butte Water Company.


Here are 6 key members and their salaries:


Geri Herreid (Book Keeper)
  • Compensation: $10,784
  • Related: $0
  • Other: $0
Tim Herreid (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Harris (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurence Walchuk (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Cornwell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dusty Smith (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Round Butte Water Company?

Round Butte Water Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Round Butte Water Company

Round Butte Water Company, as outlined in the provided information, is dedicated to providing water services for approximately 500 members. This mission is central to their operations, ensuring a reliable water supply for their community. The company's activities revolve around this primary objective, ensuring that the needs of its members are met in terms of water provision. By providing water service, Round Butte Water Company contributes to the basic needs and well-being of its community, making a significant impact on the daily lives of its members.

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Impact




October, 2024

Round Butte Water Company plays a vital role in the community by providing essential water services to approximately 500 members in Ronan, MT. This reliable access to clean water supports public health, agriculture, and economic activities in the region. By ensuring a consistent supply of water, the company contributes to the overall quality of life for residents, fostering a sustainable environment and promoting community well-being. Their commitment to water service directly impacts daily living, agricultural productivity, and the local economy, highlighting the significance of their operations in the area.




This information is meant to be a general summary of Round Butte Water 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.

Revenue
$89,348 (2022)
Expenses
$124,242 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $387
  • Program Service Revenue: $88,961
  • Gross Receipts: $89,348

Assets and Liabilities:

  • Total Assets: $872,911
  • Total Liabilities: $425,984
  • Net Assets: $446,927

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Programs

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

WATER SALES

Revenue

$88,961

Organization Details

Founding Year

1955

Principal Officer

Tim Herreid

Main Address

47200 BEAVER DRIVE, RONAN, MT, 59864

NTEE Category

Code: W80 - Public benefit

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