Trout Gulch Mutual Water Company

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

EIN: 261974635 ✦ Aptos, CA ✦ Designated as a 501(c)(12)

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Overview

What is Trout Gulch Mutual Water Company?

Trout Gulch Mutual Water Company is a nonprofit organization based in Aptos, California, serving the local community's water needs. Its primary mission is to deliver clean drinking water to its 186 members, ensuring compliance with environmental standards set by the US EPA, California, and Santa Cruz County Department of Environmental Quality. This includes pumping water from underground wells, testing its quality, distributing it via water mains, and billing customers for usage. The company is dedicated to managing this precious resource efficiently and fairly, with a focus on good stewardship and transparency. With a workforce of four individuals, Trout Gulch Mutual Water Company is committed to maintaining the safety, cost-effectiveness, and reliability of its water supply services.


Official website here: www.troutgulchwater.org

Is Trout Gulch Mutual Water Company legitimate?

Trout Gulch Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Trout Gulch Mutual Water Company 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: $132,840

For more financial information, click here


Official website here: www.troutgulchwater.org

What is the mission statement of Trout Gulch Mutual Water Company?

The Trout Gulch Mutual Water Company is committed to managing water, a valuable resource, in the most safe and cost-effective manner possible. The company's mission includes the production, storage, and distribution of water for domestic, municipal, and irrigation uses. The board of directors ensures good stewardship of the company's operations, acting with integrity and fairness towards all its members. The company is dedicated to supplying water to its members at cost and may also provide water to certain external entities, such as state agencies, schools, or other mutual water companies, under similar conditions.


Official website here: www.troutgulchwater.org

Who is the CEO of Trout Gulch Mutual Water Company?

Robert Schultz is the President of Trout Gulch Mutual Water Company.


Official website here: www.troutgulchwater.org

What is the revenue of Trout Gulch Mutual Water Company?

Trout Gulch Mutual Water Company's revenue in 2022 was $357,460.


Official website here: www.troutgulchwater.org

Who are the executives of Trout Gulch Mutual Water Company and what are their salaries?

The average compensation at Trout Gulch Mutual Water Company during 2022 was $33,210. There are 4 employees at Trout Gulch Mutual Water Company.


Here are 7 key members and their salaries:


Robert Schultz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Bussalacchi (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Wegerle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Lewis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Birndorf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Washowich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Cumming (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.troutgulchwater.org

Where can I find the form 990 for Trout Gulch Mutual Water Company?

Trout Gulch Mutual Water Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.troutgulchwater.org

Learn more at the official website: www.troutgulchwater.org

Mission Statement of Trout Gulch Mutual Water Company

Trout Gulch Mutual Water Company is committed to managing water, a precious resource, in the most safe and cost-effective manner possible. As a mutual water company, its primary mission is to develop, distribute, supply, and deliver water for domestic, municipal, and irrigation uses to its members at cost. The company's board of directors is dedicated to ensuring good stewardship of the operations entrusted to them by their members, and they strive to make decisions with integrity and fairness towards all members served. In essence, Trout Gulch Mutual Water Company is a responsible and transparent organization that aims to provide its members with a reliable water supply while upholding the highest standards of management and service.

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Impact




October, 2024

Trout Gulch Mutual Water Company plays a crucial role in providing reliable and safe domestic drinking water to its members in Aptos, California. Serving 186 residential customers, the company focuses on the development, distribution, and delivery of water specifically for domestic, municipal, and irrigation purposes. By sourcing water from underground wells, the organization emphasizes not only the quantity but also the quality of the water supplied, adhering to established standards provided by the US EPA, the State of California, and the Santa Cruz County Department of Environmental Quality.

The company operates with a commitment to ensuring that its services are delivered at cost, without profiting from its members. This model fosters a sense of community and mutual benefit, as each member is both a customer and an owner of the organization. Through careful management of water resources, including regular testing, maintenance, and facility upgrades, Trout Gulch prioritizes environmental stewardship and operational transparency, ensuring that all actions are completed with integrity and fairness.

Overall, the company's impact extends beyond just water supply; it significantly contributes to the public welfare of residents in its service area, enhancing the quality of life for those it serves while promoting sustainable practices in water management.




This information is meant to be a general summary of Trout Gulch Mutual Water Company. 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
$357,460 (2022)
Expenses
$402,221 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $230
  • Program Service Revenue: $357,230
  • Gross Receipts: $357,460

Assets and Liabilities:

  • Total Assets: $2,759,038
  • Total Liabilities: $2,591,252
  • Net Assets: $167,786

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER USE FEES

Revenue

$357,230

Organization Details

Founding Year

2007

Principal Officer

Robert Schultz

Main Address

90 VICTORIA, APTOS, CA, 95003

NTEE Category

Code: Y22 - Mutual benefit

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