No. In fact, no one owns the CWA. The CWA is a municipal authority which was incorporated in 1939. As a municipal authority, the CWA does not have stockholders; it is organized and operated for the benefit of its ratepayers. The award-winning authority supplies water in a service area which includes portions of 31 municipalities in Delaware and Chester Counties, Pennsylvania. It was originally incorporated by the City of Chester and now has a nine-member board comprised of three members from the City of Chester, three from the surrounding Delaware County, and three from Chester County. Presently, approximately 21% of CWA ratepayers are residents of the City of Chester, whereas 79% of its ratepayers reside throughout Chester County and other areas of Delaware County.