Overview

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Est.

1969

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Peterson Water Systems Inc, identified by EIN 63-0590089, is a nonprofit organization dedicated to providing drinking water to over 600 residents and businesses within its community. With an operating budget of $696.5K and total revenue of $1M for the filing year 2024, the organization plays a vital role in public utilities. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.

Mission Statement

THE SYSTEM PROVIDES DRINKING WATER TO OVER 600 RESIDENTS AND BUSINESSES. IT IS A COMMUNITY WATER SYSTEM.
Revenues
$1M
Expenses
$696.5K
Net Income:
+$339.7K
Assets
$1.7M
Liabilities
$285.6K
Net Assets:
+$1.4M
Operating Budget
$696.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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P
Paul Cook
Board Member
D
Dennis Sellers
Board Member
T
Tommy Jones
Board Member

Frequently Asked Questions

What is PETERSON WATER SYSTEMS INC’s budget?
In 2024, PETERSON WATER SYSTEMS INC reported an annual operating budget of around $696 thousand. More detailed financial information is available to registered users.
What causes does PETERSON WATER SYSTEMS INC support?
PETERSON WATER SYSTEMS INC supports work in Public utilities.
Where does PETERSON WATER SYSTEMS INC operate?
PETERSON WATER SYSTEMS INC is headquartered in PETERSON, AL.
What is PETERSON WATER SYSTEMS INC’s reliance on government grants?
PETERSON WATER SYSTEMS INC relied on government grants for more than 45% of their total revenue in 2024.