Overview
What is Modern Electric Water Company?
Modern Electric Water Company is a public utility situated in Spokane, Washington. The primary goal of this organization is to offer electricity and water services at the most affordable rate possible. Their mission is deeply ingrained in ensuring the provision of these essential utilities at a cost that is economically viable for their customers.
Official website here: www.modernelectricwater.com
Is Modern Electric Water Company legitimate?
Modern Electric Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Modern Electric 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: $687,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,558,481
For more financial information, click here
Official website here: www.modernelectricwater.com
What is the mission statement of Modern Electric Water Company?
Modern Electric Water Company's mission is centered around providing both electricity and water services to its clients at the most affordable prices possible. This public utility strives to deliver these essential services with a focus on affordability, ensuring that its cost is kept as low as feasible.
Official website here: www.modernelectricwater.com
What is the revenue of Modern Electric Water Company?
Modern Electric Water Company's revenue in 2023 was $21,785,165.
Official website here: www.modernelectricwater.com
Who are the executives of Modern Electric Water Company and what are their salaries?
The average compensation at Modern Electric Water Company during 2023 was $57,591. There are 39 employees at Modern Electric Water Company.
Here are 13 key members and their salaries:
- Compensation: $7,600
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $10,350
- Related: $0
- Other: $0
- Compensation: $7,600
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $285,483
- Related: $0
- Other: $41,382
- Compensation: $129,394
- Related: $0
- Other: $10,725
- Compensation: $158,276
- Related: $0
- Other: $21,540
- Compensation: $147,196
- Related: $0
- Other: $15,939
- Compensation: $145,543
- Related: $0
- Other: $16,166
- Compensation: $142,988
- Related: $0
- Other: $2,455
- Compensation: $124,726
- Related: $0
- Other: $22,342
- Compensation: $109,089
- Related: $0
- Other: $9,187
Official website here: www.modernelectricwater.com
Where can I find the form 990 for Modern Electric Water Company?
Modern Electric Water Company's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.modernelectricwater.com
Learn more at the official website: www.modernelectricwater.com
Mission Statement of Modern Electric Water Company
Modern Electric Water Company, as a public utility, is committed to delivering both electricity and water services at the most affordable price possible. This mission statement emphasizes the organization's dedication to making these essential resources accessible and affordable for its customers, striving to keep costs at a minimum. The company's primary goal is to ensure that its services are within financial reach for its clientele, demonstrating a strong commitment to affordability and accessibility.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Modern Electric Water Company significantly impacts the Spokane, WA community by ensuring access to essential electricity and water services at the lowest possible prices. This commitment to affordability helps to alleviate the financial burden on residents and businesses, fostering economic stability and growth in the region. By prioritizing low-cost utilities, the company contributes to the overall well-being of the community, enabling residents to allocate their resources towards other important needs. Additionally, its role as a public utility reinforces the importance of reliable infrastructure in supporting the daily lives of Spokane's citizens.
This information is meant to be a general summary of Modern Electric 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 2023.
- Investment Income: $939,061
- Program Service Revenue: $19,574,713
- Gross Receipts: $22,027,049
Assets and Liabilities:
- Total Assets: $60,070,028
- Total Liabilities: $1,745,994
- Net Assets: $58,324,034
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF ELECTRICITY
Revenue
$16,128,138
SALES OF WATER
Revenue
$2,384,791
CONSUMER CONTRIBUTIONS
Revenue
$564,432
SERVICE FEES
Revenue
$476,166
PATRONAGE DIVIDENDS
Revenue
$10,936
Organization Details
Principal Officer
Joe Morgan
Website
www.modernelectricwater.comNTEE Category
Code: W80 - Public benefit
If you are a representative of Modern Electric Water Company and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.