Sunny Slope Water Company

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

EIN: 951276240 ✦ Pasadena, CA ✦ Designated as a 501(c)(12)

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Overview

What is Sunny Slope Water Company?

Sunny Slope Water Company is a nonprofit organization, dedicated to supplying the best-quality drinking water at affordable prices to its shareholders. Their primary mission is to ensure the delivery of potable water to their members and shareholders, maintaining their facilities to match the income generated from water sales. The company's commitment extends to providing reliable and high-quality water services to its shareholders, prioritizing affordability and maintaining the company's water infrastructure.


Official website here: www.sunnyslopewatercompany.com

Is Sunny Slope Water Company legitimate?

Sunny Slope Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Sunny Slope 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: $393,211
Professional Fundraising Fees: $0
Other Salaries and Wages: $628,128

For more financial information, click here


Official website here: www.sunnyslopewatercompany.com

What is the mission statement of Sunny Slope Water Company?

The Sunny Slope Water Company's mission is centered around providing potable water to its shareholders. This mission is carried out by offering high-quality water at affordable rates. The company is committed to maintaining its facilities to ensure the water's quality and reliability. The primary goal is to deliver potable water to its members and shareholders, ensuring their satisfaction and health.


Official website here: www.sunnyslopewatercompany.com

Who is the CEO of Sunny Slope Water Company?

Lap T Ng is the President of Sunny Slope Water Company.


Official website here: www.sunnyslopewatercompany.com

What is the revenue of Sunny Slope Water Company?

Sunny Slope Water Company's revenue in 2022 was $6,811,105.


Official website here: www.sunnyslopewatercompany.com

Who are the executives of Sunny Slope Water Company and what are their salaries?

The average compensation at Sunny Slope Water Company during 2022 was $63,834. There are 16 employees at Sunny Slope Water Company.


Here are 7 key members and their salaries:


Kenneth Tcheng (General Maneger)
  • Compensation: $222,777
  • Related: $0
  • Other: $15,473
Troy Holland (Superintendent)
  • Compensation: $121,984
  • Related: $0
  • Other: $0
Steven R Seiler (Director)
  • Compensation: $10,350
  • Related: $0
  • Other: $0
John L Shaw (Treasurer)
  • Compensation: $9,750
  • Related: $0
  • Other: $0
Peter C Jeong (Secretary)
  • Compensation: $9,450
  • Related: $0
  • Other: $0
Lap T Ng (President)
  • Compensation: $9,450
  • Related: $0
  • Other: $0
Mark J Sedlacek (Vice President)
  • Compensation: $9,450
  • Related: $0
  • Other: $0


Official website here: www.sunnyslopewatercompany.com

Where can I find the form 990 for Sunny Slope Water Company?

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


Official website here: www.sunnyslopewatercompany.com

Learn more at the official website: www.sunnyslopewatercompany.com

Mission Statement of Sunny Slope Water Company

Sunny Slope Water Company is dedicated to providing its shareholders with potable water, serving as their reliable source of this essential resource. The company's mission is threefold. Firstly, it aims to deliver the highest quality water at the most reasonable prices. Secondly, it strives to maintain its facilities to a level commensurate with its income generated from water sales. Lastly, Sunny Slope Water Company is committed to supplying its members and shareholders with potable water, ensuring they have access to this vital resource. The company's mission is centered around providing its shareholders with clean, safe water at a cost that is both affordable and reasonable.

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Impact




October, 2024

Sunny Slope Water Company plays a vital role in ensuring that the residents it serves in Pasadena, CA, have access to high-quality potable water. By focusing on delivering water at the lowest possible rates, the company prioritizes affordability while maintaining the quality and reliability of its water supply. This commitment not only supports the health and well-being of the community but also fosters trust among its shareholders.

Furthermore, the company's mission underscores its dedication to sustainable practices, as it maintains its facilities in line with the income generated from water sales. This approach ensures that the infrastructure can support the ongoing delivery of safe drinking water, which is essential for daily life and overall public health. By consistently providing high-quality water, Sunny Slope Water Company significantly contributes to the public benefit, enhancing the quality of life for its members and shareholders.




This information is meant to be a general summary of Sunny Slope 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
$6,811,105 (2022)
Expenses
$5,116,592 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $322,028
  • Program Service Revenue: $6,044,091
  • Gross Receipts: $6,813,565

Assets and Liabilities:

  • Total Assets: $32,249,066
  • Total Liabilities: $2,271,389
  • Net Assets: $29,977,677

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Programs

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

COMMERCIAL RATE NON STCK

Revenue

$539,260

MINIMUM RATE

Revenue

$1,982,654

RESIDENTIAL - NON STOCK

Revenue

$1,501,622

RESIDENTIAL - STOCK

Revenue

$1,297,836

SPECIAL SURCHARGE

Revenue

$456,282

Organization Details

Founding Year

1895

Principal Officer

Lap T Ng

Main Address

1040 EL CAMPO DRIVE, PASADENA, CA, 91107

NTEE Category

Code: W80 - Public benefit

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