Jam Mutual Water Co

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237405977 ✦ Ventura, CA ✦ Designated as a 501(c)(12)

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Overview

What is Jam Mutual Water Co?

Jam Mutual Water Co is a nonprofit organization situated in Ventura, California, with an address at 5100 Olivas Park Drive, ZIP code 93003. The primary purpose and activity of this organization revolve around pumping water to the farmland of its owner-members. The land parcels in question were once a single, unified farm. The organization's mission is centered around this activity, serving the water needs of its members to maintain their farm operations.

Is Jam Mutual Water Co legitimate?

Jam Mutual Water Co is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jam Mutual Water Co submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Jam Mutual Water Co?

Jam Mutual Water Company's primary mission is centered around the pumping of water, serving the agricultural needs of its member-owners. The company's land parcels, previously one large farm, are the recipients of this water supply. The organization's main objective is to ensure the adequate watering of these contiguous farmlands, thereby supporting the agricultural activities of its member-owners. The company's activities are limited to this sole purpose, contributing to the successful cultivation of crops and the overall well-being of its member-owners.

Who is the CEO of Jam Mutual Water Co?

Terry Aggeler is the Ceo of Jam Mutual Water Co. The CEO's salary of Jam Mutual Water Co is $0 and their total compensation is $0.

What is the revenue of Jam Mutual Water Co?

Jam Mutual Water Co's revenue in 2022 was $232,257.

Who are the executives of Jam Mutual Water Co and what are their salaries?


Here are 2 key members and their salaries (Jam Mutual Water Co's CEO's salary is $0 and their total compensation is $0):


Martin Mcgrath (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Aggeler (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jam Mutual Water Co?

Jam Mutual Water Co's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Jam Mutual Water Co

Jam Mutual Water Co is an organization that is dedicated to a specific mission. Its primary activity involves pumping water to contiguous land parcels that were once a single farm. These parcels belong to the organization's owner-members. The mission of Jam Mutual Water Co is to ensure an adequate water supply for the cultivation of crops on these farmlands. By providing this essential resource, the organization is contributing to the productivity and success of its member-farmers. The organization's role is pivotal in maintaining the agricultural viability of these contiguous land parcels, thereby supporting the overall agricultural sector.

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Impact




October, 2024

Jam Mutual Water Co plays a crucial role in supporting agricultural sustainability by efficiently providing water to owner-members' contiguous farmland in Ventura, California. By focusing exclusively on pumping water, the organization ensures that farmers can maintain their crops and livelihoods, which contributes to local food production and economic stability. The cooperative model fosters a sense of community among the landowners, as they work together to manage a vital resource. Additionally, the organization's emphasis on water management aids in promoting responsible usage, which can have positive environmental impacts in the region. Overall, Jam Mutual Water Co significantly enhances the agricultural ecosystem in Ventura while promoting public benefit through its focused water delivery service.




This information is meant to be a general summary of Jam Mutual Water Co. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$232,257 (2022)
Expenses
$234,424 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $42
  • Gross Receipts: $232,257

Assets and Liabilities:

  • Total Assets: $646,959
  • Total Liabilities: $142,603
  • Net Assets: $504,356

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Organization Details

Principal Officer

Terry Aggeler

Main Address

5100 Olivas Park Drive, Ventura, CA, 93003

NTEE Category

Code: W80 - Public benefit

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