Morro Bay Mutual Water Company

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

EIN: 770518563 ✦ Morro bay, CA ✦ Designated as a 501(c)(12)

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Overview

What is Morro Bay Mutual Water Company?

Morro Bay Mutual Water Company is a local entity situated in Morro Bay, California. This organization offers two primary programs, namely State Business Oversight at a cost of $280.00 and Mutual Advance, which carries a significantly higher price tag of $15,933.00. The company also caters to insurance providers and service organizations, providing them with relevant services. Although the information does not specify the nature of their nonprofit work, it can be inferred that Morro Bay Mutual Water Company focuses on offering these programs to its clientele in the region.

Is Morro Bay Mutual Water Company legitimate?

Morro Bay Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Morro Bay Mutual Water Company submitted a form 990EZ, 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.

What is the mission statement of Morro Bay Mutual Water Company?

The Morro Bay Mutual Water Company does not explicitly provide a mission statement in the given information. However, based on their offered programs, it can be inferred that their primary focus is to offer various services to its clients. The two main services mentioned are State Business Oversight for $280.00 and Mutual Advance for $15933.00. The company also seems to work with insurance providers and service organizations, suggesting they may be involved in risk management or insurance-related services. Without a clear mission statement, it is challenging to provide a more detailed explanation of their objectives.

Who is the CEO of Morro Bay Mutual Water Company?

Mike Batte is the President of Morro Bay Mutual Water Company.

What is the revenue of Morro Bay Mutual Water Company?

Morro Bay Mutual Water Company's revenue in 2023 was $0.

Who are the executives of Morro Bay Mutual Water Company and what are their salaries?


Here are 3 key members and their salaries:


Mike Batte (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Medeiros (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Henderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Morro Bay Mutual Water Company?

Morro Bay Mutual Water Company's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Morro Bay Mutual Water Company

Morro Bay Mutual Water Company is an organization that offers various programs to its clients. Among these programs, the company provides State Business Oversight for a fee of $280.00 and Mutual Advance, which costs $15,933.00. Morro Bay Mutual Water Company caters to both insurance providers and service organizations, demonstrating its versatility in serving different types of clients. While the company's primary focus seems to be on offering these programs, the specific mission or purpose behind these offerings remains unclear from the provided information.

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Impact




October, 2024

Morro Bay Mutual Water Company plays a crucial role in providing essential water services and support to the community in Morro Bay, California. By offering programs like State Business Oversight for $280 and Mutual Advance for $15,933, the company ensures that local residents have access to important resources that contribute to the stability and sustainability of water management in the area.

Their focus on insurance provision and service organization types enhances the community's resilience, supporting both individual households and local businesses in navigating water-related challenges. Through these programs, Morro Bay Mutual Water Company not only serves as a vital resource but also fosters a sense of mutual benefit and cooperation among community members. This impact amplifies the importance of effective water management and the collaborative efforts essential for safeguarding natural resources in Morro Bay.




This information is meant to be a general summary of Morro Bay 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
$0 (2023)
Expenses
$0 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

    Assets and Liabilities:

    • Total Assets: $4,305
    • Total Liabilities: $0
    • Net Assets: $4,305

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    Organization Details

    Principal Officer

    Mike Batte

    Main Address

    1290 EMBARCADERO ROAD, MORRO BAY, CA, 93442

    NTEE Category

    Code: Y22 - Mutual benefit

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