THE COMPANY IS A MUTUAL WATER COMPANY ESTABLISHED FOR THE PURPOSE OF PROVIDING WATER SERVICE TO AND FOR THE BENEFIT OF ITS MEMBERS IN ACCORDANCE WITH 26 USC CS 501(C)(12).
Executive compensation
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
President & Gm Median to 75th percentile | $119k $127k |
Board Member Median to 75th percentile | $35k $37k |
Treasurer Officer (Unspecified) | $7k $7k |
Vice President 25th percentile to median | $6k $6k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 4 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at HOMESTEAD WATER COMPANY equaled 22% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 12%
from 2023
From $134k in 2023 to $119k in 2024.
Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 12% from 2023 to 2024, while revenue rose 22%.
- Board Member pay fell 23% from 2023 to 2024.
- Vice President pay rose 41% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about HOMESTEAD WATER COMPANY
What does the Chief Executive Officer of HOMESTEAD WATER COMPANY earn?
In 2024, the Chief Executive Officer of HOMESTEAD WATER COMPANY received $118,511 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Mutual & Membership Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at HOMESTEAD WATER COMPANY compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at HOMESTEAD WATER COMPANY falls between the median and the 75th percentile. In 2024, the highest total compensation at HOMESTEAD WATER COMPANY equaled 22% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are HOMESTEAD WATER COMPANY's revenue and expenses?
In 2024, HOMESTEAD WATER COMPANY reported $767k in total revenue and $527k in total expenses on its IRS Form 990.
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