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Filing year 2024

ELROD WATER COMPANY INC

Milan, Indiana·EIN 35-1122059·501(c)(12)
Total revenue
$2.7M
Total assets
$28.3M
Total expenses
$2.7M
Reported officers
9
Mission

DISTRIBUTE POTABLE WATER TO MEMBERS IN THE SERVICE AREA.

Executive compensation

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

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

Treasurer
Below 10th percentile
$3k
$4k
Secretary
Secretary (Operational)
10th to 25th percentile
$3k
$3k
President
Below 10th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$2k
$2k
Vice Preside
Vice President
10th to 25th percentile
$2k
$2k
Director
Board Member
10th to 25th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$875
$941

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay fell 52% from 2023 to 2024, while revenue rose 5%.

$7k in 2023 to $3k in 2024.
  • Secretary (Operational) pay fell 46% from 2023 to 2024.
  • Chief Executive Officer pay fell 44% from 2023 to 2024.

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

Financial trend

Revenue and expenses over time

ELROD WATER COMPANY INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.6M
$2.5M
2023
$2.7M
$2.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ELROD WATER COMPANY INC

What does the Chief Financial Officer of ELROD WATER COMPANY INC earn?

In 2024, the Chief Financial Officer of ELROD WATER COMPANY INC received $3,255 in total compensation. This pay is in the bottom 10% for Chief Financial Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Financial Officer pay at ELROD WATER COMPANY INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at ELROD WATER COMPANY INC falls in the bottom 10%.

What are ELROD WATER COMPANY INC's revenue and expenses?

In 2024, ELROD WATER COMPANY INC reported $2.7M in total revenue and $2.7M in total expenses on its IRS Form 990.

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