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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Cherry Lake Utilities Corporation

Cherry Lake Utilities Corporation

Fiscal year ending 2024. Filed on July 23, 2025.

257 NE Berkshire Road
Madison, Florida 32340

Cherry Lake Utilities Corporation (EIN: 59-0563580) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Cherry Lake Utilities Corporation, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 7 employees. Among the employees shown here, the average compensation is $21,610. The highest compensated employee at Cherry Lake Utilities Corporation is Linda M Olson with fiscal year 2024 compensation of $21,610.

Revenue, expenses, and employee compensation

Revenue

$126,550

Expenses

$112,014

Employee compensation

$33,619
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Linda M Olson
Secretary and Treasurer
$21,610
$21,610 No related compNo other comp
Joy Wells
Director
$0
David Norton
Director
$0
Brian Tyler
Director
$0
Tim Sanders
President
$0
George Wheeler
Vice President
$0
Larry Pettis
Director
$0

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

Supplying potable water to the Utilitys Members

Revisions to this organization profile

July 23, 2025:
2024 Cherry Lake Utilities Corporation 990 filed
May 13, 2024:
2023 Cherry Lake Utilities Corporation 990 filed
February 15, 2024:
2022 Cherry Lake Utilities Corporation 990 filed

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