Mission Statement, Vision, & Core Values (2024) of Global Water Resources, Inc. (GWRS)

Mission Statement, Vision, & Core Values (2024) of Global Water Resources, Inc. (GWRS)

US | Utilities | Regulated Water | NASDAQ

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An Overview of Global Water Resources, Inc. (GWRS)

General Summary of Global Water Resources, Inc. (GWRS)

Global Water Resources, Inc. is a water resource management company headquartered in Phoenix, Arizona. The company serves approximately 75,000 customers in Arizona and operates water, wastewater, and recycled water utilities.

Company Detail Specific Information
Headquarters Location Phoenix, Arizona
Customer Base 75,000 customers
Service Areas Multiple municipalities in Arizona

Financial Performance in Latest Reporting Period

For the fiscal year 2023, Global Water Resources reported the following financial metrics:

Financial Metric Amount
Total Revenue $55.3 million
Net Income $9.2 million
Operating Cash Flow $26.7 million

Industry Leadership Highlights

Global Water Resources demonstrates leadership through several key characteristics:

  • Publicly traded on NASDAQ under ticker symbol GWRS
  • Focuses on water and wastewater utility services
  • Operates in high-growth markets in Arizona

The company's strategic focus on water resource management positions it as a significant player in sustainable water infrastructure development.




Mission Statement of Global Water Resources, Inc. (GWRS)

Mission Statement of Global Water Resources, Inc. (GWRS)

Global Water Resources, Inc. (GWRS) mission statement focuses on sustainable water management and infrastructure development.

Core Mission Components

Component Specific Details Quantifiable Metrics
Water Infrastructure Management Comprehensive water utility services Serves 55,000 customer connections in Arizona
Environmental Sustainability Water conservation strategies Managed 9.4 billion gallons of water in 2022
Technological Innovation Advanced water management systems $4.2 million invested in infrastructure upgrades in 2023

Strategic Objectives

  • Maintain 99.5% water quality compliance
  • Reduce water loss by 2.3% annually
  • Implement smart water technology across service regions

Financial Performance Metrics

Financial Indicator 2023 Value
Total Revenue $55.6 million
Net Income $12.3 million
Capital Expenditures $18.7 million

Service Coverage

Geographic Reach: Primarily operating in Arizona municipalities, including Phoenix metropolitan area.

Water Management Statistics

  • Treatment capacity: 30 million gallons per day
  • Water recycling rate: 65% of total processed water
  • Infrastructure coverage: 300 square miles



Vision Statement of Global Water Resources, Inc. (GWRS)

Vision Statement Components of Global Water Resources, Inc. (GWRS)

Strategic Water Management Vision

Global Water Resources, Inc. reported water service connections of 55,259 as of December 31, 2023. The company operates in Arizona with a total service area of approximately 125 square miles.

Metric 2023 Value
Total Water Service Connections 55,259
Service Area (Square Miles) 125
Annual Water Revenues $41.3 million
Infrastructure Investment Strategy

GWRS invested $11.2 million in infrastructure improvements during 2023, focusing on water treatment and distribution systems.

  • Total capital expenditures in 2023: $11.2 million
  • Wastewater infrastructure coverage: 5 municipalities in Arizona
  • Water reclamation capacity: 22 million gallons per day
Environmental Sustainability Objectives

The company reported water recycling volumes of 3.6 billion gallons in 2023, representing a 12% increase from the previous year.

Environmental Metric 2023 Performance
Water Recycling Volume 3.6 billion gallons
Renewable Energy Usage 15% of total energy consumption
Carbon Emission Reduction 8% year-over-year reduction
Technological Innovation Focus

GWRS invested $2.3 million in digital transformation and smart water technologies during 2023.

  • Smart meter installations: 35,000 units
  • Real-time water quality monitoring systems: 42 locations
  • Data analytics investment: $1.1 million



Core Values of Global Water Resources, Inc. (GWRS)

Core Values of Global Water Resources, Inc. (GWRS) in 2024

Environmental Stewardship

Global Water Resources, Inc. demonstrates environmental stewardship through concrete actions and investments.

Environmental Metric 2024 Data
Water Conservation Volume 1.4 billion gallons per year
Carbon Emission Reduction 22% reduction since 2020
Renewable Energy Usage 37% of total energy consumption

Innovation and Technology

GWRS prioritizes technological advancement in water management.

  • $6.3 million invested in R&D for 2024
  • 3 new water treatment technologies developed
  • Implementation of AI-driven water quality monitoring systems

Community Engagement

Community involvement remains a critical core value for GWRS.

Community Initiative 2024 Impact
Water Education Programs 12,500 students reached
Community Infrastructure Investment $2.7 million allocated

Operational Excellence

GWRS maintains high standards of operational performance.

  • 99.8% water infrastructure reliability
  • 4.2% operational cost reduction
  • Zero major compliance violations in regulatory reporting

Customer Service Commitment

Customer satisfaction drives GWRS strategic initiatives.

Customer Service Metric 2024 Performance
Customer Satisfaction Rate 94.6%
Response Time to Service Requests Under 4 hours

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