Overview
What is California Rural Water Risk Management Authority?
California Rural Water Risk Management Authority is a nonprofit organization situated in Sacramento, California. Their primary mission is to offer diverse risk management, risk financing, and loss control programs to public water entities and mutual water companies. The organization's goal is to support these entities by providing them with resources and tools to manage potential risks and losses effectively. By implementing these programs, California Rural Water Risk Management Authority aims to promote the stability and sustainability of the water supply services in rural areas.
Is California Rural Water Risk Management Authority legitimate?
California Rural Water Risk Management Authority is a legitimate nonprofit organization registered as a 501(c)(12) entity. California Rural Water Risk Management Authority 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:
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What is the mission statement of California Rural Water Risk Management Authority?
The California Rural Water Risk Management Authority is devoted to offering a range of risk management, risk financing, and loss control programs to public water entities and mutual water companies. Its primary objective is to safeguard these entities from potential risks and losses. The authority aims to provide resources and strategies that enable these organizations to manage risks more effectively, thereby ensuring the reliable delivery of water services. The programs offered by the authority are designed to minimize losses and mitigate potential disruptions, thereby ensuring the continuity of water supply for the communities they serve.
Who is the CEO of California Rural Water Risk Management Authority?
Phillip Boerman is the President of California Rural Water Risk Management Authority.
What is the revenue of California Rural Water Risk Management Authority?
California Rural Water Risk Management Authority's revenue in 2023 was $1,868,256.
Who are the executives of California Rural Water Risk Management Authority and what are their salaries?
There 3 volunteers at California Rural Water Risk Management Authority.
Here are 4 key members and their salaries:
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Where can I find the form 990 for California Rural Water Risk Management Authority?
California Rural Water Risk Management Authority's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of California Rural Water Risk Management Authority
California Rural Water Risk Management Authority is dedicated to assisting public water entities and mutual water companies by offering a variety of risk management, risk financing, and loss control programs. The primary objective of this organization is to provide these entities with the necessary tools and resources to mitigate potential risks and losses associated with their operations. By offering these programs, California Rural Water Risk Management Authority aims to enhance the resilience and sustainability of the public water supply infrastructure, thereby ensuring reliable and safe water supplies for the communities they serve.
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Impact
October, 2024
The California Rural Water Risk Management Authority plays a significant role in enhancing the resilience and operational efficiency of public water entities and mutual water companies. By offering a variety of risk management, risk financing, and loss control programs, the organization helps these entities better navigate the complexities of managing water resources and addressing potential liabilities.
Through its targeted initiatives, the Authority mitigates financial risks, allowing water providers to focus on delivering safe and reliable water services to their communities. Its efforts contribute to the sustainability of water infrastructure, ensuring that public and mutual water systems are not only compliant with regulatory requirements but also equipped to handle unforeseen challenges. Overall, the Authority is instrumental in fostering a more secure and dependable water supply for rural communities across California.
This information is meant to be a general summary of California Rural Water Risk Management Authority. 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: $1,868,256
- Gross Receipts: $1,868,256
Assets and Liabilities:
- Total Assets: $332,381
- Total Liabilities: $176,572
- Net Assets: $155,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Member Contributions
Revenue
$1,868,256
Organization Details
Founding Year
2016
Phone
(916) 290-4620Principal Officer
Phillip Boerman
Main Address
1750 CREEKSIDE OAKS DR SUITE 200, SACRAMENTO, CA, 95833
NTEE Category
Code: Y22 - Mutual benefit
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