Camano Co-Operative Water & Power C

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

EIN: 910587045 ✦ Camano island, WA ✦ Designated as a 501(c)(12)

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Overview

What is Camano Co-Operative Water & Power C?

Camano Co-Operative Water & Power C is a nonprofit organization situated in Camano Island, Washington. Its primary focus is to provide essential water services to its shareholders, ensuring reliable water maintenance, supply, and water hook-ups. With a dedicated workforce of ten individuals, the organization is committed to enhancing the quality of life for its community members by ensuring a consistent and sustainable water supply.


Official website here: www.camanocoop.org

Is Camano Co-Operative Water & Power C legitimate?

Camano Co-Operative Water & Power C is a legitimate nonprofit organization registered as a 501(c)(12) entity. Camano Co-Operative Water & Power C 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: $74,333

For more financial information, click here


Official website here: www.camanocoop.org

What is the mission statement of Camano Co-Operative Water & Power C?

The mission of Camano Co-Operative Water & Power C, as outlined, is centered around providing essential water services to its shareholders. This includes ensuring water maintenance, supply, and hook-ups on Camano Island. The organization's primary goal is to deliver quality water and related services to its members, ensuring their needs are met in these areas. It does not provide a mission statement in the traditional sense, but its activities clearly demonstrate a commitment to providing reliable water services to its shareholders.


Official website here: www.camanocoop.org

Who is the CEO of Camano Co-Operative Water & Power C?

Chris Richards is the President of Camano Co-Operative Water & Power C.


Official website here: www.camanocoop.org

What is the revenue of Camano Co-Operative Water & Power C?

Camano Co-Operative Water & Power C's revenue in 2022 was $655,677.


Official website here: www.camanocoop.org

Who are the executives of Camano Co-Operative Water & Power C and what are their salaries?

The average compensation at Camano Co-Operative Water & Power C during 2022 was $7,433. There are 10 employees at Camano Co-Operative Water & Power C.


Here are 6 key members and their salaries:


Chris Richards (President)
  • Compensation: $4,080
  • Related: $0
  • Other: $0
Paul Weisse (Vice Preside)
  • Compensation: $2,320
  • Related: $0
  • Other: $0
Virgil Fernandez (Treasurer)
  • Compensation: $2,140
  • Related: $0
  • Other: $0
Brian Bowden (Trustee)
  • Compensation: $1,390
  • Related: $0
  • Other: $0
Trent Lowe (Trustee)
  • Compensation: $760
  • Related: $0
  • Other: $0
Nancy Russell (Secretary)
  • Compensation: $590
  • Related: $0
  • Other: $0


Official website here: www.camanocoop.org

Where can I find the form 990 for Camano Co-Operative Water & Power C?

Camano Co-Operative Water & Power C's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.camanocoop.org

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

Mission Statement of Camano Co-Operative Water & Power C

Camano Co-Operative Water & Power C, as an organization, is committed to providing essential water services to its shareholders residing on Camano Island. This commitment extends to various aspects of water management, including water maintenance, water supply, and water hook-ups. The organization's role is crucial in ensuring that its shareholders have access to high-quality water services, thereby contributing to their overall well-being. By maintaining the water supply system and ensuring its efficient operation, Camano Co-Operative Water & Power C ensures a consistent flow of clean water to its shareholders. Additionally, the organization offers water hook-ups, making it easier for new residents to connect to the water supply network. Overall, the mission of Camano Co-Operative Water & Power C is to ensure reliable and sustainable water services for its shareholders, contributing to their comfort and quality of life.

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Impact




October, 2024

Camano Co-Operative Water & Power C plays a vital role in ensuring that residents of Camano Island have access to reliable water services. By providing essential water maintenance, water supply, and water hook-ups, the organization enhances the quality of life for its shareholders. This access to quality water supports both daily living and broader community needs, fostering a sustainable environment in which families and businesses can thrive. The services offered contribute to the overall public benefit, reflecting a commitment to the wellbeing of the island's residents. Through its dedicated efforts, Camano Co-Operative Water & Power C not only manages water resources effectively but also strengthens community ties and enhances public health on the island.




This information is meant to be a general summary of Camano Co-Operative Water & Power C. 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
$655,677 (2022)
Expenses
$389,570 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $520
  • Program Service Revenue: $655,157
  • Gross Receipts: $655,677

Assets and Liabilities:

  • Total Assets: $4,315,746
  • Total Liabilities: $484,429
  • Net Assets: $3,831,317

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Programs

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

BASE WATER CHARGES

Revenue

$303,875

SYSTEM IMPROVEMENT CHARGES

Revenue

$222,050

STATE LOAN REPAYMENT

Revenue

$60,865

WATER USAGE CHARGE

Revenue

$43,897

MISCELLANEOUS

Revenue

$10,152

Organization Details

Founding Year

1925

Principal Officer

Chris Richards

Main Address

994 SOUTH GARY LANE, CAMANO ISLAND, WA, 98282

NTEE Category

Code: W80 - Public benefit

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