Lake Forest Mutual Water Company

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

EIN: 846036245 ✦ Grand lake, CO ✦ Designated as a 501(c)(12)

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Overview

What is Lake Forest Mutual Water Company?

Lake Forest Mutual Water Company is a nonprofit organization situated in Grand Lake, Colorado (specifically at PO Box 325). Its primary mission is to ensure the provision of clean drinking water for the residents residing within the Lake Forest Subdivision. By doing so, the company aims to contribute positively to the overall well-being and health of the community it serves. Its core activity revolves around delivering clean and potable water, making it an essential entity in maintaining a safe and healthy living environment for the residents.

Is Lake Forest Mutual Water Company legitimate?

Lake Forest Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lake Forest 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lake Forest Mutual Water Company?

The Lake Forest Mutual Water Company's primary mission is to ensure the availability of clean drinking water for the residents within its jurisdiction. This is achieved through various activities, all centered around providing safe and potable water. The company's mission is deeply rooted in its dedication to maintaining the water supply's quality, ensuring it meets the health and safety standards required for human consumption. By providing clean drinking water, the company seeks to improve the overall well-being and daily lives of the people it serves.

What is the revenue of Lake Forest Mutual Water Company?

Lake Forest Mutual Water Company's revenue in 2023 was $188,067.

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

There 5 volunteers at Lake Forest Mutual Water Company.

Here are 6 key members and their salaries:


Larry Clark (Project Liai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Creach (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Donnelly (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Addam Middlebrook (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Steele (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Zerr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake Forest Mutual Water Company?

Lake Forest Mutual Water Company's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lake Forest Mutual Water Company

Lake Forest Mutual Water Company is dedicated to supplying residents of its subdivision with clean, potable water. This mission is the core focus of the organization's activities, ensuring the well-being and hydration of its community members. By providing clean drinking water, the company contributes to maintaining the health and safety of its residents, making it an essential service for the community.

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Impact




October, 2024

Lake Forest Mutual Water Company plays a crucial role in ensuring that residents of the Lake Forest Subdivision in Grand Lake, Colorado, have access to clean drinking water. This commitment directly impacts community health and well-being, as reliable access to safe drinking water is vital for daily living and overall quality of life. By focusing on providing high-quality water, the company supports not only individual health but also the broader public benefit, fostering a sustainable and thriving community. The availability of clean water nurtures environmental stewardship and contributes to the economic stability of the area, enhancing the overall living experience for residents.




This information is meant to be a general summary of Lake Forest 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
$188,067 (2023)
Expenses
$279,118 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,367
  • Gross Receipts: $188,067

Assets and Liabilities:

  • Total Assets: $4,189,072
  • Total Liabilities: $2,959,848
  • Net Assets: $1,229,224

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Organization Details

Founding Year

1960

Principal Officer

John Steele

NTEE Category

Code: W80 - Public benefit

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