Keno Water Company Inc

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

EIN: 931069819 ✦ Keno, OR ✦ Designated as a 501(c)(12)

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Overview

What is Keno Water Company Inc?

Keno Water Company Inc, situated in Keno, Oregon, is a water service provider that prioritizes delivering high-quality water to its customers at an affordable price point. To maintain its operations, the company outsources labor, certified water operators, operations management, and accounting services. Moreover, it manages interest expenses associated with USDA funding. This water utility company's primary mission is to ensure an excellent water supply to its community, demonstrating its commitment to its customers' needs.

Is Keno Water Company Inc legitimate?

Keno Water Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Keno Water Company 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: $1,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Keno Water Company Inc?

Keno Water Company, as a mission, strives to supply top-notch water at an affordable price. To achieve this, they outsource certain tasks such as labor, water operation, operations management, accounting, and interest expense for USDA funding. The company's primary objective is to ensure the delivery of superior water quality at a minimum cost to its customers.

Who is the CEO of Keno Water Company Inc?

James Stout is the Chairman of Keno Water Company Inc.

What is the revenue of Keno Water Company Inc?

Keno Water Company Inc's revenue in 2022 was $113,049.

Who are the executives of Keno Water Company Inc and what are their salaries?


There is 1 key member and their salary:


James Stout (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Keno Water Company Inc?

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

Mission Statement of Keno Water Company Inc

Keno Water Company Inc, as a water provider, is committed to delivering high-quality water at an affordable cost. To achieve this mission, the company relies on external resources. It employs certified water operators, operations managers, and accountants on a subcontract basis. Moreover, Keno Water Company Inc also manages interest expenses for USDA funding to ensure the provision of water services at a minimal cost to its consumers. The company's mission is to ensure a reliable water supply while maintaining financial efficiency, thereby fulfilling the basic need of water for its consumers.

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Impact




October, 2024

Keno Water Company Inc plays a crucial role in ensuring the availability of high-quality water to the residents of Keno, Oregon, at minimal costs. By focusing on efficient service delivery, the company enhances community health and well-being, making safe drinking water accessible to all residents.

Its operations include subcontracting skilled labor, such as certified water operators and management, allowing for professional oversight and the efficient handling of utility operations. This approach not only optimizes water quality and service reliability but also helps manage financial aspects through strategic funding initiatives, such as USDA financing.

Through its commitment to providing essential public benefits, Keno Water Company Inc contributes to the overall sustainability and resilience of the local community, fostering trust and supporting the residents' need for a vital resource.




This information is meant to be a general summary of Keno Water Company 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.

Revenue
$113,049 (2022)
Expenses
$126,656 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $109,151
  • Gross Receipts: $113,049

Assets and Liabilities:

  • Total Assets: $1,639,574
  • Total Liabilities: $914,761
  • Net Assets: $724,813

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Programs

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

WATER USAGE

Revenue

$14,166

MONTHLY BILLINGS

Revenue

$94,510

NEW CUSTOMER SETUP FEES

Revenue

$250

MISC SERVICE CHARGES

Revenue

$225

Organization Details

Founding Year

1992

Principal Officer

James Stout

Main Address

PO BOX 771, KENO, OR, 976270771

NTEE Category

Code: W80 - Public benefit

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