Bear Lake Water Company

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

EIN: 870460128 ✦ Garden city, UT ✦ Designated as a 501(c)(12)

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Overview

What is Bear Lake Water Company?

Bear Lake Water Company is a nonprofit organization with its headquarters located in Garden City, Utah. With a modest team of seven employees, their primary mission revolves around ensuring the maintenance and treatment of culinary water, ultimately supplying this essential resource to their shareholders and property owners. The company's activities focus on maintaining a water treatment plant and ensuring the delivery of high-quality water, thereby contributing significantly to the daily lives of those within its service area.


Official website here: www.blwaterco.com

Is Bear Lake Water Company legitimate?

Bear Lake Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Bear Lake 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: $14,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,555

For more financial information, click here


Official website here: www.blwaterco.com

What is the mission statement of Bear Lake Water Company?

The Bear Lake Water Company's mission, as stated, is centered around providing high-quality culinary water treatment services and delivering this treated water to property owners. In essence, their mission is dedicated to ensuring the maintenance of a reliable and clean water treatment plant, and subsequently, the distribution of this water to the company's shareholders and property owners. The company's activities are geared towards ensuring the delivery of safe and potable water, thereby improving the living standards of its clientele.


Official website here: www.blwaterco.com

Who is the CEO of Bear Lake Water Company?

Frank Corgiat is the Secretary/Treasurer of Bear Lake Water Company.


Official website here: www.blwaterco.com

What is the revenue of Bear Lake Water Company?

Bear Lake Water Company's revenue in 2022 was $962,449.


Official website here: www.blwaterco.com

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

The average compensation at Bear Lake Water Company during 2022 was $30,708. There are 7 employees at Bear Lake Water Company.


Here are 8 key members and their salaries:


Douglas Terry Allen (Secretary/Treasurer)
  • Compensation: $14,400
  • Related: $0
  • Other: $0
Paul Carver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Ohrenberger (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Roman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Corgiat (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Vigil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Condor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Pincock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.blwaterco.com

Where can I find the form 990 for Bear Lake Water Company?

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


Official website here: www.blwaterco.com

Learn more at the official website: www.blwaterco.com

Mission Statement of Bear Lake Water Company

Bear Lake Water Company is dedicated to the mission of treating and delivering culinary water to its property owners. This mission is carried out through the maintenance of a water treatment plant and the delivery of this treated water to the shareholders and property owners associated with the company. By providing this essential service, Bear Lake Water Company plays a crucial role in ensuring the health and well-being of those who rely on its water supply. The company's mission is centered around ensuring that the water it delivers is safe and of high quality, making it a vital resource for its customers.

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Impact




October, 2024

Bear Lake Water Company significantly contributes to the community by providing essential culinary water treatment and delivery services for property owners in Garden City, Utah. Through the maintenance of its culinary water treatment plant, the company ensures that residents have access to clean and safe drinking water. By effectively managing water resources, Bear Lake Water Company enhances the quality of life for its shareholders and property owners, promoting public health and well-being. The company's mission underscores its commitment to serving the community, making a positive impact on local residents by delivering a vital resource necessary for daily living.




This information is meant to be a general summary of Bear Lake 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
$962,449 (2022)
Expenses
$861,106 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25,902
  • Program Service Revenue: $936,547
  • Gross Receipts: $962,449

Assets and Liabilities:

  • Total Assets: $3,507,122
  • Total Liabilities: $43,705
  • Net Assets: $3,463,417

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Programs

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

Water Assessment

Revenue

$748,247

Water Connection Fees

Revenue

$188,300

Organization Details

Founding Year

1988

Principal Officer

Frank Corgiat

Main Address

PO Box 183, Garden City, UT, 84028

NTEE Category

Code: W80 - Public benefit

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