Overview
What is Moulton Niguel Water District Facilities Corporation?
The Moulton Niguel Water District Facilities Corporation, situated in Laguna Hills, California, was established with a mission to finance the acquisition and construction of water facilities. This nonprofit organization aims to serve existing and future consumers efficiently and cost-effectively within its jurisdiction. Its primary activity involves making debt service payments on Certificates of Participation, a financial instrument used to fund its projects.
Official website here: www.mnwd.com
What do the Facebook reviews say about Moulton Niguel Water District Facilities Corporation?
76% of 23 reviewers on Facebook recommend Moulton Niguel Water District Facilities Corporation. Here is a summary of their reviews:
Overall, there seems to be a mixed sentiment among users, with some expressing satisfaction with the services offered. One reviewer highlighted the effectiveness of the toilet leak test strips provided by the organization, mentioning they worked great and provided reassurance of no leaks.
While the positive feedback on specific services is evident, the limited number of reviews suggests that experiences may vary, and there might be room for improvement in engaging with a broader audience.
This AI summary has been generated from reviews found on Facebook.
Is Moulton Niguel Water District Facilities Corporation legitimate?
Moulton Niguel Water District Facilities Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Moulton Niguel Water District Facilities Corporation 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
Official website here: www.mnwd.com
What is the mission statement of Moulton Niguel Water District Facilities Corporation?
The Moulton Niguel Water District Facilities Corporation was established with a mission to finance the acquisition and construction of water facilities. This endeavor is aimed at providing efficient and cost-effective water services to both existing and future consumers within its jurisdiction. The organization's primary objective is to finance the development of necessary water infrastructure to meet the growing demands of its consumer base. The corporation's activities are geared towards ensuring a reliable and sustainable water supply, thereby enhancing the quality of life for its consumers. The organization achieves this by managing its debt service payments on Certificates of Participation effectively.
Official website here: www.mnwd.com
Who is the CEO of Moulton Niguel Water District Facilities Corporation?
Matt Collings is the President of Moulton Niguel Water District Facilities Corporation.
Official website here: www.mnwd.com
What is the revenue of Moulton Niguel Water District Facilities Corporation?
Moulton Niguel Water District Facilities Corporation's revenue in 2023 was $3,430,691.
Official website here: www.mnwd.com
Who are the executives of Moulton Niguel Water District Facilities Corporation and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $28,103
- Other: $2,579
- Compensation: $0
- Related: $26,263
- Other: $2,992
- Compensation: $0
- Related: $30,983
- Other: $19,126
- Compensation: $0
- Related: $28,825
- Other: $25,325
- Compensation: $0
- Related: $31,525
- Other: $16,215
- Compensation: $0
- Related: $31,200
- Other: $14,071
- Compensation: $0
- Related: $31,250
- Other: $11,465
Official website here: www.mnwd.com
Where can I find the form 990 for Moulton Niguel Water District Facilities Corporation?
Moulton Niguel Water District Facilities Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mnwd.com
Learn more at the official website: www.mnwd.com
Mission Statement of Moulton Niguel Water District Facilities Corporation
Moulton Niguel Water District Facilities Corporation was established with a mission to finance the acquisition and construction of water facilities. This organization's primary objective is to serve existing and future consumers within its boundaries in an efficient and cost-effective manner. By financing the development of water facilities, Moulton Niguel Water District Facilities Corporation aims to ensure a reliable supply of water, thereby enhancing the quality of life for its constituents. The organization's mission is driven by the understanding that the efficient and sustainable provision of water is crucial for the well-being of individuals and communities, and it strives to achieve this objective through its financial activities. In summary, Moulton Niguel Water District Facilities Corporation was established to finance the development of water facilities, thereby ensuring a reliable and cost-effective water supply for its constituents.
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Impact
October, 2024
Moulton Niguel Water District Facilities Corporation plays a critical role in the development and financing of essential water infrastructure. By focusing on the acquisition and construction of water facilities, it ensures that residents and businesses in the Laguna Hills area have reliable access to water services.
The organization specifically addresses the financial aspects by managing debt service payments on certificates of participation, which facilitates the funding of necessary projects without overburdening the district's operational budget. This strategic financing not only enhances the efficiency of service delivery but also helps in keeping the costs manageable for consumers.
Through its mission, the corporation supports both current and future water needs, contributing to sustainable development within its service area. This commitment to providing effective and economical water services ultimately bolsters community well-being and promotes responsible resource management.
This information is meant to be a general summary of Moulton Niguel Water District Facilities Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $3,430,691
- Gross Receipts: $3,430,691
Assets and Liabilities:
- Total Assets: $125,956,117
- Total Liabilities: $125,956,117
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COP INTEREST INCOME
Revenue
$3,430,691
Organization Details
Founding Year
1993
Phone
(949) 448-4032Principal Officer
Matt Collings
Main Address
26161 GORDON ROAD, LAGUNA HILLS, CA, 92653
Website
www.mnwd.comNTEE Category
Code: W80 - Public benefit
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