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Laguna Mountain Mutual Water Company

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

EIN: 814266963 ✦ Mount laguna, CA ✦ Designated as a 501(c)(12)

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Overview

What is Laguna Mountain Mutual Water Company?

Laguna Mountain Mutual Water Company is a public utility organization situated in Mount Laguna, California. Functioning as a mutual water company, it primarily serves its subscribers in the area. The company's primary role is to provide essential water services to its community, classifying it as a nonprofit organization dedicated to ensuring reliable water supply for its residents.

Is Laguna Mountain Mutual Water Company legitimate?

Laguna Mountain Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Laguna Mountain 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 Laguna Mountain Mutual Water Company?

Laguna Mountain Mutual Water Company functions as a mutual water organization, serving subscribers primarily. This public utility entity operates with a focus on providing water services to its members. While the mission statement is not explicitly provided in the given information, it can be inferred that the company's mission likely involves ensuring the reliable and sustainable provision of water to its members, acting in the best interests of its subscribers. The company's classification as a public utility organization suggests a commitment to serving its customers in a responsible and accountable manner.

Who is the CEO of Laguna Mountain Mutual Water Company?

Michael Rice is the President of Laguna Mountain Mutual Water Company.

What is the revenue of Laguna Mountain Mutual Water Company?

Laguna Mountain Mutual Water Company's revenue in 2022 was $46,740.

Who are the executives of Laguna Mountain Mutual Water Company and what are their salaries?


Here are 6 key members and their salaries:


Michael Rice (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Mcway (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Marshall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Suppa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Kenney (Ombudsman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Laguna Mountain Mutual Water Company?

Laguna Mountain Mutual Water Company's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Laguna Mountain Mutual Water Company

Laguna Mountain Mutual Water Company serves as a mutual water organization for its subscribers, primarily based in Mount Laguna, California. Operating under the classification of a public utility, this company's primary mission is to ensure a consistent and reliable water supply for its members. The company's operations are aimed at meeting the water needs of its subscribers in an efficient and sustainable manner, demonstrating its commitment to maintaining a well-functioning water system. By operating as a mutual water company, Laguna Mountain Mutual Water Company fosters a sense of community among its members, allowing them to collaboratively manage their water resources.

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Impact




October, 2024

Laguna Mountain Mutual Water Company serves as a crucial provider of water services for residents and subscribers in Mount Laguna, California. By operating as a mutual water company, it ensures that the community has access to a reliable water supply, which is essential for both daily living and sustaining the local environment.

The company plays a vital role in maintaining the infrastructure required for water delivery, contributing to public health and safety while supporting local ecosystems. Its classification as a public utility organization emphasizes its commitment to serving the community's needs and enhancing the quality of life for its residents. Through its operations, Laguna Mountain Mutual Water Company fosters sustainability and promotes responsible water use among its subscribers, reinforcing the importance of water conservation in a region characterized by unique natural resources and potential water scarcity.




This information is meant to be a general summary of Laguna Mountain 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
$46,740 (2022)
Expenses
$28,974 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $45
  • Program Service Revenue: $46,695
  • Gross Receipts: $46,740

Assets and Liabilities:

  • Total Assets: $168,721
  • Total Liabilities: $23
  • Net Assets: $168,698

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Organization Details

Principal Officer

Michael Rice

Main Address

10678 SUNRISE HWY PO Box 126, MOUNT LAGUNA, CA, 91948

NTEE Category

Code: W80 - Public benefit

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