Overview
What is Irvine Ranch Water District Water Service Corporation?
Irvine Ranch Water District Water Service Corporation is a nonprofit organization located in Irvine, California, with a postal address. Its primary mission is to provide financial assistance to Irvine Ranch Water District. The corporation has also been involved in acquiring water companies or interests in them, benefiting the district. This acquisition process has included facilitating transactions necessary for the acquisition of two small water systems, which were subsequently consolidated with the district. The corporation's activities are outlined in a schedule, offering further details about its operations.
Is Irvine Ranch Water District Water Service Corporation legitimate?
Irvine Ranch Water District Water Service Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Irvine Ranch Water District Water Service 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
What is the mission statement of Irvine Ranch Water District Water Service Corporation?
The Irvine Ranch Water District Water Service Corporation was established with the primary purpose of providing financial assistance to the Irvine Ranch Water District and acquiring water companies or interests for their benefit. The organization has facilitated necessary transactions for the district, aiding in the acquisition of two small water systems that were later consolidated with the district. The corporation's activities primarily benefit the Irvine Ranch Water District, contributing to its water-related operations and expansion.
What is the revenue of Irvine Ranch Water District Water Service Corporation?
Irvine Ranch Water District Water Service Corporation's revenue in 2024 was $16,299,898.
Who are the executives of Irvine Ranch Water District Water Service Corporation and what are their salaries?
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $32,026
- Other: $22,830
- Compensation: $0
- Related: $33,399
- Other: $22,830
- Compensation: $0
- Related: $32,625
- Other: $26,060
- Compensation: $0
- Related: $15,750
- Other: $1,524
- Compensation: $0
- Related: $26,615
- Other: $25,853
- Compensation: $0
- Related: $118,791
- Other: $30,833
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $65,550
- Other: $9,828
- Compensation: $0
- Related: $176,020
- Other: $38,579
- Compensation: $0
- Related: $239,588
- Other: $29,074
- Compensation: $0
- Related: $179,893
- Other: $25,725
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $439,740
- Other: $55,007
- Compensation: $0
- Related: $329,493
- Other: $53,214
- Compensation: $0
- Related: $315,930
- Other: $27,548
- Compensation: $0
- Related: $301,817
- Other: $58,118
- Compensation: $0
- Related: $284,701
- Other: $42,676
Where can I find the form 990 for Irvine Ranch Water District Water Service Corporation?
Irvine Ranch Water District Water Service Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Irvine Ranch Water District Water Service Corporation
Irvine Ranch Water District Water Service Corporation, established with the purpose of providing financial assistance to Irvine Ranch Water District, has a mission that extends beyond mere financial aid. The organization's primary objective is to acquire water companies or interests in such entities for the benefit of the district. This involvement in the water industry has led to the facilitation of necessary transactions for the district's acquisition of two small water systems. These systems were subsequently consolidated with the district, enhancing its water supply capabilities. In essence, Irvine Ranch Water District Water Service Corporation serves as a facilitator, aiding its parent organization in expanding and strengthening its water resources.
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Impact
October, 2024
Irvine Ranch Water District Water Service Corporation plays a crucial role in supporting the financial and operational needs of the Irvine Ranch Water District. By providing essential financial assistance, the corporation enables the district to enhance its water service capabilities and infrastructure. This support has facilitated significant transactions, including the acquisition and consolidation of smaller water systems, which ultimately leads to improved service delivery for the community. The corporation's efforts not only help in managing water resources more effectively but also contribute to the overall public benefit by ensuring reliable access to water for residents in the area. Its activities bolster the district's mission to maintain and improve water services, promoting sustainable management of water resources in Irvine, California.
This information is meant to be a general summary of Irvine Ranch Water District Water Service 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 2024.
- Investment Income: $112,940
- Gross Receipts: $16,299,898
Assets and Liabilities:
- Total Assets: $4,965,094
- Total Liabilities: $135,009,314
- Net Assets: -$130,044,220
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Organization Details
Founding Year
1997
Principal Officer
Neveen Adly
NTEE Category
Code: W80 - Public benefit
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