Chesapeake Ranch Water Co

Organization Overview

Chesapeake Ranch Water Co is located in Lusby, MD. The organization was established in 1993. 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 06/2021, Chesapeake Ranch Water Co employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chesapeake Ranch Water Co 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 06/2021, Chesapeake Ranch Water Co generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.7m during the year ending 06/2021. While expenses have increased by 1.0% per year over the past 6 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

CHESAPEAKE RANCH WATER COMPANY'S MISSION IS TO PROVIDE SAFE DRINKING WATER TO ITS' MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHESAPEAKE RANCH WATER COMPANY'S PROVIDED SAFE DRINKING WATER TO ITS' MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
George Hanson
General Manager
$114,819
Dee Wunder
President
$0
John Benish
Treasurer
$0
Culver Ladd
Vice President
$0
John Turner
Director
$0
Mark Giuffrida
Director
$0

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$1,546,374
Investment income $142,530
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 $1,743,794

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