Mountain Mutual Water Company

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

EIN: 840706303 ✦ Cripple creek, CO ✦ Designated as a 501(c)(12)

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Overview

What is Mountain Mutual Water Company?

Mountain Mutual Water Company is a local water distribution company situated within the Cripple Creek Mountain subdivision. With an extensive network of about 70 miles, they provide essential water services to approximately 1,500 residents. Their primary mission is ensuring reliable water distribution to the community, maintaining the water distribution system to ensure optimal functionality.

Is Mountain Mutual Water Company legitimate?

Mountain Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Mountain Mutual 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: $1,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $307,393

For more financial information, click here

What is the mission statement of Mountain Mutual Water Company?

Mountain Mutual Water Company's primary mission is centered around water distribution. As a functioning entity, it operates and maintains a water distribution system spanning around 70 miles, catering to approximately 1,500 customers within a specific subdivision. The company's main objective is to ensure a reliable water supply for its local community, thereby playing a crucial role in their daily lives. By providing this essential service, Mountain Mutual Water Company contributes to the overall well-being and comfort of its customers.

Who is the CEO of Mountain Mutual Water Company?

James Noble is the President of Mountain Mutual Water Company.

What is the revenue of Mountain Mutual Water Company?

Mountain Mutual Water Company's revenue in 2022 was $1,090,433.

Who are the executives of Mountain Mutual Water Company and what are their salaries?

The average compensation at Mountain Mutual Water Company during 2022 was $44,120. There are 7 employees at Mountain Mutual Water Company.


Here are 6 key members and their salaries:


Ed Dunn (President)
  • Compensation: $300
  • Related: $0
  • Other: $0
William Martin (Vice President)
  • Compensation: $300
  • Related: $0
  • Other: $0
Michael Bonar (Secretary)
  • Compensation: $300
  • Related: $0
  • Other: $0
James Noble (Treasurer)
  • Compensation: $300
  • Related: $0
  • Other: $0
Barbara Artimez (Member At Large)
  • Compensation: $250
  • Related: $0
  • Other: $0
Linda Leyba (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mountain Mutual Water Company?

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

Mission Statement of Mountain Mutual Water Company

Mountain Mutual Water Company, as a water distribution entity, is committed to providing clean and reliable water to its local community. With a water distribution system spanning around 70 miles, this company serves approximately 1,500 customers within the Cripple Creek Mountain subdivision. The company's role is crucial in ensuring a steady water supply, ensuring the well-being and daily living needs of its customers are met. By operating and maintaining this extensive water distribution system, Mountain Mutual Water Company plays a vital role in the local community, ensuring a consistent water supply for its residents.

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Impact




October, 2024

Mountain Mutual Water Company plays a crucial role in ensuring access to clean water for the local community in Cripple Creek, Colorado. By operating and maintaining an extensive water distribution system of approximately 70 miles, the company provides essential water services to around 1,500 customers within the Cripple Creek Mountain subdivision. This reliable delivery of water is vital for daily living, supporting health, sanitation, and quality of life for residents. The company’s commitment to effective water distribution helps sustain the community's needs while promoting public benefit.




This information is meant to be a general summary of Mountain Mutual 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
$1,090,433 (2022)
Expenses
$682,607 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $453
  • Program Service Revenue: $1,071,000
  • Gross Receipts: $1,090,433

Assets and Liabilities:

  • Total Assets: $1,701,584
  • Total Liabilities: $421,046
  • Net Assets: $1,280,538

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Programs

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

2022-2023 SPECIAL ASSE

Revenue

$408,578

USER FEES

Revenue

$289,556

AVAILABILITY FEES

Revenue

$230,661

FORFEITURE FEES

Revenue

$56,550

CONNECTION FEES

Revenue

$30,000

Organization Details

Founding Year

1983

Principal Officer

James Noble

Main Address

4338 COUNTY ROAD 1, CRIPPLE CREEK, CO, 80813

NTEE Category

Code: W80 - Public benefit

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