Overview
What is Petes Mountain Water Company?
Petes Mountain Water Company is a private nonprofit organization situated in Durham, Oregon, specifically at 7501 SW Findlay Rd. The primary mission of this organization is to acquire and operate a water company exclusively for the benefit of its members. By doing so, they provide essential water services to all members, ensuring the functionality and maintenance of a complete operating water system. This nonprofit company's operations are solely dedicated to meeting the water needs of its members, ensuring they have consistent access to this vital resource.
Is Petes Mountain Water Company legitimate?
Petes Mountain Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Petes Mountain 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Petes Mountain Water Company?
Petes Mountain Water Company's mission is centered around acquiring and operating a private water company for the benefit of its members. This mission is currently being carried out, with the company focused on purchasing and improving water operations to cater to all members. It strives to provide reliable water service to all its members, ensuring that the operating water system remains functional and complete.
What is the revenue of Petes Mountain Water Company?
Petes Mountain Water Company's revenue in 2024 was $169,909.
Who are the executives of Petes Mountain Water Company and what are their salaries?
There 10 volunteers at Petes Mountain Water Company.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Petes Mountain Water Company?
Petes Mountain Water Company's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Petes Mountain Water Company
Peters Mountain Water Company's mission is centered around two primary objectives. Initially, the company aimed to acquire a private water company, a task it completed on November 1st, 2017. Post-acquisition, its focus shifted to operating this private water company with the primary objective of benefiting its members. This ongoing operation involves the provision of water services to all members and the maintenance of a fully functional operating water system. The company's activities are geared towards enhancing the water supply and quality for its members, ensuring they have access to reliable and improved water services.
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Impact
October, 2024
Petes Mountain Water Company significantly impacts the community by ensuring reliable and safe water service for its members. Since acquiring and improving the water system in 2017, the organization has focused on maintaining a functionally complete and efficiently operating water supply. This enhances the quality of life for residents in Durham, Oregon, by providing consistent access to essential resources, promoting public health, and fostering a sense of community through shared benefits. Their commitment to ongoing operations and service improvement underscores the importance of clean water access and sustainable management for the well-being of all members.
This information is meant to be a general summary of Petes Mountain 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $13,612
- Program Service Revenue: $100,121
- Gross Receipts: $169,909
Assets and Liabilities:
- Total Assets: $1,244,619
- Total Liabilities: $782,668
- Net Assets: $461,951
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
C0NNECTION FEES
Revenue
$500
WATER SERVICE
Revenue
$99,621
Organization Details
Founding Year
2017
NTEE Category
Code: Y22 - Mutual benefit
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