Port Madison Water Company

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

EIN: 910609932 ✦ Bainbridge island, WA ✦ Designated as a 501(c)(12)

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Overview

What is Port Madison Water Company?

Port Madison Water Company is a nonprofit organization situated in Bainbridge Island, Washington. Their primary purpose is to ensure the provision of safe drinking water to residents within the Port Madison community. To achieve this, they manage and maintain the water system, as well as oversee the upkeep of forest lands and docks. Their mission is centered around ensuring the well-being and safety of the community by supplying clean water and maintaining essential infrastructure such as wells and docks.


Official website here: www.portmadisonwatercompany.org

Is Port Madison Water Company legitimate?

Port Madison Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Port Madison 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.portmadisonwatercompany.org

What is the mission statement of Port Madison Water Company?

The Port Madison Water Company's mission is centered around providing safe water to the local community's homeowners. Beyond this, they are responsible for maintaining the company's wells and docks. Essentially, their role is to ensure the community has access to clean water and manage the necessary infrastructure to support this. They oversee the forest land and dock areas, ensuring they are well-maintained and functioning effectively for the benefit of the Port Madison community.


Official website here: www.portmadisonwatercompany.org

Who is the CEO of Port Madison Water Company?

Alisa Mitchell is the Secretary of Port Madison Water Company.


Official website here: www.portmadisonwatercompany.org

What is the revenue of Port Madison Water Company?

Port Madison Water Company's revenue in 2022 was $130,155.


Official website here: www.portmadisonwatercompany.org

Who are the executives of Port Madison Water Company and what are their salaries?


Here are 6 key members and their salaries:


Susanne Schneider (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kellie Kline (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Thornburgh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Tomlinson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alisa Mitchell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Tusberg (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.portmadisonwatercompany.org

Where can I find the form 990 for Port Madison Water Company?

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


Official website here: www.portmadisonwatercompany.org

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

Mission Statement of Port Madison Water Company

Port Madison Water Company, in its mission, is dedicated to ensuring the well-being of its community by managing and maintaining the water system, forest land, and docks. Its primary objective is to supply safe and reliable water to the homeowners within its jurisdiction. Furthermore, the company is committed to preserving and maintaining the wells and docks, ensuring their functionality and upkeep for the benefit of the community. By fulfilling these tasks, Port Madison Water Company plays a vital role in providing essential resources and services, enhancing the quality of life for its community members.

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Impact




October, 2024

Port Madison Water Company plays a crucial role in the Bainbridge Island community by managing and maintaining the local water supply and essential infrastructure. Its efforts ensure that homeowners have access to safe, reliable water, which is vital for public health and quality of life. In addition to water management, the company oversees forest land and dock facilities, contributing to the preservation of the community's natural resources and recreational opportunities. Through these services, Port Madison Water Company fosters a sustainable environment, supports the well-being of residents, and enhances the overall livability of the area.




This information is meant to be a general summary of Port Madison 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
$130,155 (2022)
Expenses
$150,446 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,218
  • Program Service Revenue: $128,937
  • Gross Receipts: $130,155

Assets and Liabilities:

  • Total Assets: $700,267
  • Total Liabilities: $0
  • Net Assets: $700,267

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Programs

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

Water Assessment Fees

Revenue

$55,759

Water System Reserve

Revenue

$59,277

Stock Transfer Fee

Revenue

$5,000

Community Service

Revenue

$8,901

Organization Details

Founding Year

1929

Principal Officer

Alisa Mitchell

Main Address

PO Box 10296, Bainbridge Island, WA, 98110

NTEE Category

Code: W80 - Public benefit

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