Shore Acres Water Company

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

EIN: 916058384 ✦ Gig harbor, WA ✦ Designated as a 501(c)(12)

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Overview

What is Shore Acres Water Company?

Shore Acres Water Company is a local utility, established in Gig Harbor, Washington. Its primary mission is to provide water services to the residents in the Shore Acres area, ensuring a reliable water supply for 232 households in 2020. The company is also responsible for maintaining and extending water lines within its service area. The water it distributes is procured from the City of Gig Harbor, highlighting its role as a critical water provider within the community.

Is Shore Acres Water Company legitimate?

Shore Acres Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Shore Acres 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

What is the mission statement of Shore Acres Water Company?

Shore Acres Water Company's primary mission is focused on providing water services. It strives to cater to the water needs of its residential area, ensuring a reliable supply. Additionally, the company is committed to maintaining and expanding its water infrastructure within its service area. In 2020, the company served 232 households. The water it distributes is procured from the City of Gig Harbor.

Who is the CEO of Shore Acres Water Company?

Craig Baldwin is the President of Shore Acres Water Company.

What is the revenue of Shore Acres Water Company?

Shore Acres Water Company's revenue in 2022 was $215,761.

Who are the executives of Shore Acres Water Company and what are their salaries?


Here are 3 key members and their salaries:


Craig Baldwin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Reeder (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Toerber (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Shore Acres Water Company?

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

Mission Statement of Shore Acres Water Company

Shore Acres Water Company is dedicated to its primary mission, which is to supply water to the residents of the Shore Acres area. Beyond just providing water, the company also takes responsibility for maintaining and extending the water lines within its service area. In 2020, this essential service reached out to 232 households. The water source for Shore Acres Water Company is secured through the City of Gig Harbor.

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Impact




October, 2024

Shore Acres Water Company plays a crucial role in ensuring the provision of safe and reliable water to the residents of the Shore Acres area in Gig Harbor, Washington. By maintaining and extending water lines within its service area, the company directly supports the daily needs of local households. In 2020, it served 232 households, making a significant impact on the community’s quality of life. The water supplied is purchased from the City of Gig Harbor, ensuring that residents have access to an essential resource for health, sanitation, and overall well-being. Through its focused efforts in water distribution, Shore Acres Water Company contributes to the public benefit, fostering a sustainable environment for the community it serves.




This information is meant to be a general summary of Shore Acres 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
$215,761 (2022)
Expenses
$207,153 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,346
  • Program Service Revenue: $214,415
  • Gross Receipts: $215,761

Assets and Liabilities:

  • Total Assets: $419,126
  • Total Liabilities: $0
  • Net Assets: $419,126

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Programs

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

WATER SALES

Revenue

$214,415

Organization Details

Founding Year

1946

Principal Officer

Craig Baldwin

Main Address

3110 JUDSON ST PMB 232, GIG HARBOR, WA, 98335

NTEE Category

Code: W80 - Public benefit

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