Jacob Rancho Water Company

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

EIN: 941182711 ✦ Lemoore, CA ✦ Designated as a 501(c)(12)

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Overview

What is Jacob Rancho Water Company?

Jacob Rancho Water Company is a corporation, specifically serving as a water provider, situated in Lemoor, California. Its primary mission is to irrigate approximately 10,000 acres of agricultural land owned by its shareholders. The company plays a crucial role in ensuring the water needs of these agricultural lands are met, contributing to the agricultural sector in the region. While not explicitly stated, it can be inferred that Jacob Rancho Water Company is a nonprofit organization dedicated to supporting the agricultural industry and its shareholders by providing essential water resources.

Is Jacob Rancho Water Company legitimate?

Jacob Rancho Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Jacob Rancho Water Company 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 Jacob Rancho Water Company?

Jacob Rancho Water Company's primary mission is centered around providing water, serving a crucial purpose in irrigating agricultural land owned by its shareholders. The company's activities are focused on this mission, ensuring that approximately 10,000 acres of agricultural land receive the necessary water supply. In essence, Jacob Rancho Water Company plays a vital role in supporting the agricultural activities of its shareholders by ensuring they have access to adequate water supplies.

Who is the CEO of Jacob Rancho Water Company?

Tony Azevedo is the President of Jacob Rancho Water Company.

What is the revenue of Jacob Rancho Water Company?

Jacob Rancho Water Company's revenue in 2022 was $386,888.

Who are the executives of Jacob Rancho Water Company and what are their salaries?


Here are 5 key members and their salaries:


Tony Azevedo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Stanton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Newton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mendes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melvin Garcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jacob Rancho Water Company?

Jacob Rancho Water Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Jacob Rancho Water Company

Jacob Rancho Water Company, as stated in its mission, is dedicated to providing water for the purpose of irrigating agricultural land owned by its shareholders. This mission is crucial in supporting the farming activities of its shareholders, ensuring the availability of water for their crops and overall agricultural productivity. The company has successfully irrigated approximately 10,000 acres of agricultural land, contributing to the agricultural sector and the livelihoods of its shareholders. By providing this essential resource, Jacob Rancho Water Company plays a significant role in supporting the agricultural industry, promoting sustainable farming practices, and contributing to food security.

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Impact




October, 2024

Jacob Rancho Water Company plays a crucial role in supporting agricultural productivity in Lemoore, California, by providing essential water resources to irrigate approximately 10,000 acres of farmland owned by its shareholders. This access to reliable water supplies significantly enhances crop yields, contributing to the region's agricultural economy and food production. The company's operations not only benefit the shareholders directly but also promote sustainable agricultural practices, thereby helping to maintain the vitality of the local farming community. By ensuring that farmers have the water needed for irrigation, the company fosters economic stability and growth, facilitating a vital link between water management and agricultural development.




This information is meant to be a general summary of Jacob Rancho 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
$386,888 (2022)
Expenses
$377,275 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $31
  • Program Service Revenue: $231,486
  • Gross Receipts: $386,888

Assets and Liabilities:

  • Total Assets: $341,442
  • Total Liabilities: $39,073
  • Net Assets: $302,369

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Membership Dues & Assessments

Revenue

$231,486

Organization Details

Principal Officer

Tony Azevedo

Main Address

POST OFFICE BOX 647, LEMOORE, CA, 93245

NTEE Category

Code: W80 - Public benefit

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