CLARK SHORES WATER CORPORATION

EIN: 010654140 Mutual Benefit

LAKEVILLE, MA

Total Revenue
$130,712
Total Expenses
$344,482
Total Assets
$3,551,278
Net Assets
$1,081,705
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MA
Principal Officer
PATRICIA WELCH
Phone
5089469641
Tax Period
2023-01-01 to 2023-12-31

CLARK SHORES WATER CORPORATION, founded in 2002, is a small nonprofit in the Mutual Benefit sector that reported $131K in total revenue in fiscal year 2023. Expenses of $344K exceeded revenue, resulting in a 164% operating deficit.

Mission

TO PROVIDE COMMUNITY WITH CLEAN DRINKING WATER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $130,462
Program Service Revenue $0
Investment Income $28
Other Revenue $222
TOTAL REVENUE $130,712

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $344,482
Other Expenses $344,482
TOTAL EXPENSES $344,482

Year-over-Year Comparison

2023 2022 Change
Revenue $130,712 $126,347 +0.0%
Expenses $344,482 $196,753 +0.8%
Net Income $-213,770 $-70,406 +2.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
160
Independent Members
160
Employees
N/A
Volunteers
6

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$3,160
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA WELCH PRESIDENT 15.00
Officer
$3,160 $0 $3,160
STEVE MELANSON VICE PRESIDENT 5.00
Officer
$0 $0 $0
JUSTIN GRAHAM SECRETARY 5.00
Officer
$0 $0 $0
JAMES MCLAUGHLIN DIRECTOR 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $130,712 $344,482 $3,551,278 $-213,770
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CLARK SHORES WATER CORPORATION with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.