Aberdeen Pate Water Co Inc

Organization Overview

Aberdeen Pate Water Co Inc is located in Aurora, IN. The organization was established in 1987. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Aberdeen Pate Water Co Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aberdeen Pate Water Co Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Aberdeen Pate Water Co Inc generated $976.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DISTRIBUTE POTABLE WATER TO MEMBERS WITHIN THE SERVICE AREA

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION SOLD APPROXIMATELY 91,558,310 GALLONS OF WATER TO OVER 1,974 CUSTOMERS


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Board, Officers & Key Employees

Name (title)Compensation
Scott Henry
Vice Preside
$2,950
Mark Kiefer
Treasurer
$2,950
Matt Williams
Secretary
$2,825
Brandon Cappel
Assistant Se
$2,700
Neal Powell
President
$2,575

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$970,727
Investment income $5,586
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $976,313

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