Seven Lakes Water Assoc

Public benefit organization based in Stanwood, WA. 4 employees. Exempt under §501(c)(12).

MissionOur dedicated team delivers safe, clean drinking water at a reasonable price to the homes and businesses of our members.

EIN
91-0829530
State
WA
Sector
Public benefit
Budget band
$500K–$1M
Latest filing
TY 2021
Records
1 officers · 3 years

Financial snapshot · TY 2021

$985K
Total revenue
$940K
Total expenses
$7.2M
Net assets

Financial health · TY 2023

71
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
79.6 months of expenses
Program efficiency
69
77.7% spent on programs
Revenue diversity
16
Mix of program fees, grants & contributions

Leadership compensation

Paul Lucas
GENERAL MANAGER
$159,384
83th percentile vs. peers

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Seven Lakes Water Assoc Executive Compensation | 990 Data | DoubleNine