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Filing year 2024

AMES LAKE WATER ASSOCIATION

Redmond, Washington·EIN 23-7065656·501(c)(12)
Total revenue
$1.4M
Total assets
$6M
Total expenses
$1.3M
Reported officers
8
Mission

AMES LAKE WATER ASSOCIATION IS A CONSUMER OWNED COOPERATIVE WHICH PROVIDES WATER SERVICES TO OVER 1,100 MEMBERS IN A RURAL SERVICE AREA SURROUNDING THE AMES LAKE AREA IN KING COUNTY, WASHINGTON.

Executive compensation

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Water System Manager
Highest Compensated Employee
25th percentile to median
$132k
$141k
Treasurer
Officer (Unspecified)
$1k
$1k
Director
Board Member
Below 10th percentile
$1k
$1k
Secretary
Officer (Unspecified)
$1k
$1k
Vice President
Below 10th percentile
$1k
$1k
President
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$728
$777

Teal figures restate each filed amount in 2026 dollars.

Estimated with Seattle-Tacoma-Bellevue, WA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Down 2%
from 2023

From $135k in 2023 to $132k in 2024.

$135k
2023
$132k
2024
In today's dollarsEst.
Down 6% in real terms$150k to $141k

Estimated with Seattle-Tacoma-Bellevue, WA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay fell 2% from 2023 to 2024, while revenue rose 6%.

$135k in 2023 to $132k in 2024.
  • Board Member pay held roughly steady from 2023 to 2024.
  • Chief Executive Officer pay fell 8% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

AMES LAKE WATER ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$1.3M
2023
$1.4M
$1.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about AMES LAKE WATER ASSOCIATION

What does the Highest Compensated Employee of AMES LAKE WATER ASSOCIATION earn?

In 2024, the Highest Compensated Employee of AMES LAKE WATER ASSOCIATION received $131,838 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at AMES LAKE WATER ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at AMES LAKE WATER ASSOCIATION falls between the 25th percentile and the median.

What are AMES LAKE WATER ASSOCIATION's revenue and expenses?

In 2024, AMES LAKE WATER ASSOCIATION reported $1.4M in total revenue and $1.3M in total expenses on its IRS Form 990.

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