Summit Water & Supply Company

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

EIN: 910430730 ✦ Tacoma, WA ✦ Designated as a 501(c)(12)

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Overview

What is Summit Water & Supply Company?

Summit Water & Supply Company is a nonprofit organization, dedicated to installing, maintaining, and operating a water supply system for its membership. Their primary mission is to ensure an adequate water supply for their members, taking responsibility for its installation, maintenance, and operation. This company aims to meet the water needs of its community, ensuring a reliable and functional water system for its members.


Official website here: www.summitwater.org

Is Summit Water & Supply Company legitimate?

Summit Water & Supply Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Summit Water & Supply 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: $192,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $482,686

For more financial information, click here


Official website here: www.summitwater.org

What is the mission statement of Summit Water & Supply Company?

Summit Water & Supply Company is established with the primary objective of installing, maintaining, and operating a water supply system for its membership. Its mission is centered around ensuring an adequate and reliable water supply for its members, ensuring the proper functioning and upkeep of the system, and operating it effectively to meet the needs of its membership. This company is committed to providing its members with a reliable water source, ensuring the system's continuous operation, and maintaining its efficiency to meet the changing needs of its members.


Official website here: www.summitwater.org

Who is the CEO of Summit Water & Supply Company?

Mike Craig is the President of Summit Water & Supply Company.


Official website here: www.summitwater.org

What is the revenue of Summit Water & Supply Company?

Summit Water & Supply Company's revenue in 2022 was $4,128,747.


Official website here: www.summitwater.org

Who are the executives of Summit Water & Supply Company and what are their salaries?

The average compensation at Summit Water & Supply Company during 2022 was $51,899. There are 13 employees at Summit Water & Supply Company.


Here are 7 key members and their salaries:


Greg Armstrong (President)
  • Compensation: $4,040
  • Related: $0
  • Other: $0
Mike Craig (Treasurer)
  • Compensation: $4,470
  • Related: $0
  • Other: $0
Gary Houston (Trustee)
  • Compensation: $3,785
  • Related: $0
  • Other: $0
Robert Pietzke (Trustee)
  • Compensation: $3,560
  • Related: $0
  • Other: $0
Clayton Posey (Trustee)
  • Compensation: $3,785
  • Related: $0
  • Other: $0
Jeffrey Ytreeide (Trustee)
  • Compensation: $3,465
  • Related: $0
  • Other: $0
Darryl Scott (Secretary)
  • Compensation: $150,742
  • Related: $0
  • Other: $17,158


Official website here: www.summitwater.org

Where can I find the form 990 for Summit Water & Supply Company?

Summit Water & Supply Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.summitwater.org

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

Mission Statement of Summit Water & Supply Company

Summit Water & Supply Company is dedicated to providing a water supply system for its membership. Established with this purpose in mind, the company takes on the responsibility of installing, maintaining, and operating this essential service, ensuring a reliable water supply for its members. By performing these tasks, Summit Water & Supply Company contributes to the well-being and comfort of its membership, ensuring they have access to a vital resource.

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Impact




October, 2024

Summit Water & Supply Company has a significant impact by ensuring reliable access to clean water for its members in Tacoma, Washington. By installing, maintaining, and operating an efficient water supply system, it addresses essential community needs and supports public health. The organization plays a crucial role in enhancing the quality of life for residents by providing a sustainable water source, which is vital for daily activities, environmental stewardship, and overall community well-being. Through its dedicated efforts, Summit Water & Supply Company fosters a sense of trust and collaboration among its members, creating a resilient infrastructure that benefits the entire community.




This information is meant to be a general summary of Summit Water & Supply 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
$4,128,747 (2022)
Expenses
$3,963,038 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,286
  • Program Service Revenue: $4,107,461
  • Gross Receipts: $4,128,747

Assets and Liabilities:

  • Total Assets: $24,710,539
  • Total Liabilities: $1,236,289
  • Net Assets: $23,474,250

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Programs

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

WATER SALES

Revenue

$4,111,746

OTHER INCOME

Revenue

-$4,285

Organization Details

Founding Year

1923

Principal Officer

Mike Craig

Main Address

9701 50TH AVENUE EAST, TACOMA, WA, 98446

NTEE Category

Code: W80 - Public benefit

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