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Filing year 2024

FYRE LAKE WATER COMPANY INC

Sherrard, Illinois·EIN 36-3053521·12
Total revenue
$155k
Total assets
$1.7M
Total expenses
$126k
Reported officers
8
Mission

PROVIDE POTABLE WATER SERVICE TO APPROXIMATELY 300 RESIDENCES WITH THE FYRE LAKE DEVELOPMENT, A PRIVATE RURAL SUBDIVISION NEAR SHERRARD, IL IN MERCER COUNTY.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

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

Certified Water Operator
Highest Compensated Employee
Below 10th percentile
$13k
$14k
Assistant Secretarytreasuer
Key Employee
Below 10th percentile
$5k
$6k
Assisstant Water Operator
Key Employee
Below 10th percentile
$4k
$4k

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.

Plus 5 unpaid individuals.

Down 11%
from 2023

From $14k in 2023 to $13k in 2024.

$14k
2023
$13k
2024
In today's dollarsEst.
Down 13% in real terms$16k to $14k

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

Highest Compensated Employee pay fell 11% from 2023 to 2024, while revenue rose 6%.

$14k in 2023 to $13k in 2024.
  • Key Employee pay rose 4% 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

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

RevenueExpenses
$145k
$118k
2023
$155k
$126k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FYRE LAKE WATER COMPANY INC

What does the Highest Compensated Employee of FYRE LAKE WATER COMPANY INC earn?

In 2024, the Highest Compensated Employee of FYRE LAKE WATER COMPANY INC received $12,570 in total compensation. This pay is in the bottom 10% for Highest Compensated Employee roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at FYRE LAKE WATER COMPANY INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at FYRE LAKE WATER COMPANY INC falls in the bottom 10%.

What are FYRE LAKE WATER COMPANY INC's revenue and expenses?

In 2024, FYRE LAKE WATER COMPANY INC reported $155k in total revenue and $126k in total expenses on its IRS Form 990.

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