Oak Creek Water Co No 1

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

EIN: 860205095 ✦ Sedona, AZ ✦ Designated as a 501(c)(12)

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Overview

What is Oak Creek Water Co No 1?

Oak Creek Water Co No 1 is a nonprofit organization primarily dedicated to managing and supplying water to its member property owners within designated sub-divisions. The organization reinvested all funds back into the water system to cover expenses and losses. With a total of 757 meters served, its mission is to deliver safe and top-notch water services to the community while prioritizing customer satisfaction and environmental conservation.


Official website here: www.oakcreekwater.org

Is Oak Creek Water Co No 1 legitimate?

Oak Creek Water Co No 1 is a legitimate nonprofit organization registered as a 501(c)(12) entity. Oak Creek Water Co No 1 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: $4,447
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,854

For more financial information, click here


Official website here: www.oakcreekwater.org

What is the mission statement of Oak Creek Water Co No 1?

Oak Creek Water Co No 1's mission is centered around supplying high-quality water to its members within the designated sub-divisions, ensuring customer satisfaction while maintaining environmental conservation standards. The company's primary objective is to meet all expenses and cover any losses incurred by reinvesting all funds back into the water system. The corporation serves a total of 757 water meters within its jurisdiction, solely for the benefit of the property owners within its boundaries.


Official website here: www.oakcreekwater.org

Who is the CEO of Oak Creek Water Co No 1?

Doug Bowen is the President of Oak Creek Water Co No 1.


Official website here: www.oakcreekwater.org

What is the revenue of Oak Creek Water Co No 1?

Oak Creek Water Co No 1's revenue in 2020 was -$840,769.


Official website here: www.oakcreekwater.org

Who are the executives of Oak Creek Water Co No 1 and what are their salaries?

The average compensation at Oak Creek Water Co No 1 during 2020 was $2,913. There are 8 employees and 8 volunteers at Oak Creek Water Co No 1.


Here are 7 key members and their salaries:


Doug Bowen (President)
  • Compensation: $19,018
  • Related: $0
  • Other: $0
Paul Slevin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Creed Ostler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chan Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Lefevre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Rovey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Bareuther (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oakcreekwater.org

Where can I find the form 990 for Oak Creek Water Co No 1?

Oak Creek Water Co No 1's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.oakcreekwater.org

Learn more at the official website: www.oakcreekwater.org

Mission Statement of Oak Creek Water Co No 1

Oak Creek Water Company No 1, in its mission, is dedicated to supplying clean, top-quality water to the property owners and members within its designated sub-divisions. This nonprofit organization prioritizes maintaining its water system, ensuring all expenditures and losses are covered by reinvesting funds back into the system. The company serves a total of 757 meters within its boundaries, and its primary purpose is to cater to the water needs of its community members. In addition to its operational duties, Oak Creek Water Company No 1 also values customer service and environmental conservation, striving to uphold a standard of excellence in both aspects.

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Impact




October, 2024

Oak Creek Water Co No 1 has had a significant impact on the community it serves by ensuring a reliable supply of safe, high-quality water to 757 property owners within its designated subdivisions. By focusing solely on maintaining and enhancing the water system, the company has played a vital role in safeguarding public health and promoting environmental conservation in Sedona, AZ. The commitment to reinvest all funds back into the water infrastructure demonstrates its dedication to meeting expenses and addressing any losses incurred, thus maintaining service quality and system reliability. Furthermore, the organization has fostered a sense of community among property owners by prioritizing their needs and providing consistent customer service, which is essential for the well-being and sustainability of the area.




This information is meant to be a general summary of Oak Creek Water Co No 1. 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
$482,111 (2020)
Expenses
$479,805 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: -$955,590
  • Program Service Revenue: $106,501
  • Gross Receipts: $611,737

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

WATER REVENUE

Revenue

$106,501

Organization Details

Founding Year

1951

Principal Officer

Doug Bowen

Main Address

90 OAK CREEK BLVD, SEDONA, AZ, 86336

NTEE Category

Code: W80 - Public benefit

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