Overview
What is Seven Lakes Water Association Inc?
Seven Lakes Water Association Inc is a nonprofit organization headquartered in Stanwood, Washington. Their primary mission is to serve rural communities, supplying water and related services to an approximate 2,200 member households. Established as a nonprofit, they are dedicated to meeting the water needs of their community, ensuring a reliable water supply in rural areas.
Is Seven Lakes Water Association Inc legitimate?
Seven Lakes Water Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Seven Lakes Water Association Inc 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: $159,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $206,949
For more financial information, click here
What is the mission statement of Seven Lakes Water Association Inc?
The Seven Lakes Water Association, being a nonprofit organization, is dedicated to supplying water to rural communities. It offers water and associated services to around 2,200 members, ensuring their hydration needs are met. The organization's primary objective is to provide this essential resource to underserved rural areas, enhancing their quality of life. The Association strives to maintain the reliability and quality of its water supply, ensuring it meets the necessary health standards. Its mission is to serve its community by ensuring a constant water supply, thereby contributing to their overall well-being.
Who is the CEO of Seven Lakes Water Association Inc?
Bruce Holen is the President of Seven Lakes Water Association Inc.
What is the revenue of Seven Lakes Water Association Inc?
Seven Lakes Water Association Inc's revenue in 2022 was $984,716.
Who are the executives of Seven Lakes Water Association Inc and what are their salaries?
The average compensation at Seven Lakes Water Association Inc during 2022 was $91,583. There are 4 employees at Seven Lakes Water Association Inc.
Here are 7 key members and their salaries:
- Compensation: $159,384
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Seven Lakes Water Association Inc?
Seven Lakes Water Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Seven Lakes Water Association Inc
Seven Lakes Water Association, a nonprofit organization, is dedicated to supplying water to rural communities. Its mission is to ensure that approximately 2,200 members in these areas have access to this essential resource, along with related services. The Association operates with a focus on rural communities, recognizing the unique challenges they may face in securing reliable water supply. By providing water and related services, Seven Lakes Water Association contributes to the well-being and sustainability of these communities.
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Impact
October, 2024
Seven Lakes Water Association Inc significantly enhances the quality of life for residents in rural areas around Stanwood, WA, by ensuring access to essential water services. Serving approximately 2,200 members, the organization plays a crucial role in meeting the water needs of communities that might otherwise face challenges in securing reliable supply. By providing quality water and related services, it supports health, sanitation, and overall well-being, fostering sustainable living in rural settings. The impact of Seven Lakes extends beyond mere access; it cultivates a sense of community and stability, allowing residents to thrive in their daily lives while safeguarding the natural resources integral to their environment.
This information is meant to be a general summary of Seven Lakes Water Association Inc. 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 2022.
- Investment Income: -$837
- Program Service Revenue: $985,553
- Gross Receipts: $986,995
Assets and Liabilities:
- Total Assets: $7,205,671
- Total Liabilities: $91,717
- Net Assets: $7,113,954
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$109,975
MISCELLANEOUS CHARGES
Revenue
$5,017
SERVICE CONNECTION FEES
WATER SALES
Revenue
$870,561
Organization Details
Founding Year
1967
Phone
(360) 652-8192Principal Officer
Bruce Holen
Main Address
17507 W LAKE GOODWIN RD, STANWOOD, WA, 98292
NTEE Category
Code: W80Z - Public benefit
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