Nice Mutual Water Company

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

EIN: 941425016 ✦ Nice, CA ✦ Designated as a 501(c)(12)

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Overview

What is Nice Mutual Water Company?

The Nice Mutual Water Company, situated in Nice, California, serves as a mutual benefit corporation, providing clean drinking water to its community of approximately 2,700 residents throughout the year. Acting as an essential service provider, the company's primary mission is to ensure the water needs of the town are met. With a modest workforce of 13 employees, this vital organization plays a significant role in maintaining the well-being of the residents of Nice, CA.


Official website here: www.nicemutualwatercompany.info/

Is Nice Mutual Water Company legitimate?

Nice Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Nice Mutual 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: $128,162
Professional Fundraising Fees: $0
Other Salaries and Wages: $307,091

For more financial information, click here


Official website here: www.nicemutualwatercompany.info/

What is the mission statement of Nice Mutual Water Company?

The Nice Mutual Water Company, functioning as a mutual benefit corporation, is dedicated to serving its community. Its primary mission is to supply clean drinking water consistently to its residential population, which includes approximately 2,700 individuals. As a responsible water provider, the company ensures the year-round availability of potable water, thereby contributing to the well-being and comfort of its clientele. By offering this essential service, the Nice Mutual Water Company demonstrates its commitment to the betterment of its community.


Official website here: www.nicemutualwatercompany.info/

Who is the CEO of Nice Mutual Water Company?

Donald P Gatton is the President of Nice Mutual Water Company.


Official website here: www.nicemutualwatercompany.info/

What is the revenue of Nice Mutual Water Company?

Nice Mutual Water Company's revenue in 2022 was $1,130,500.


Official website here: www.nicemutualwatercompany.info/

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

The average compensation at Nice Mutual Water Company during 2022 was $33,481. There are 13 employees at Nice Mutual Water Company.


Here are 8 key members and their salaries:


David Fultz (General Manager)
  • Compensation: $91,462
  • Related: $0
  • Other: $36,700
Mary E Jaimes (Director)
  • Compensation: $2,016
  • Related: $0
  • Other: $0
Irenia Quitiquit (Director)
  • Compensation: $2,016
  • Related: $0
  • Other: $0
Sheri L Enus (Secretary)
  • Compensation: $2,016
  • Related: $0
  • Other: $0
Donald P Gatton (President)
  • Compensation: $2,016
  • Related: $0
  • Other: $0
Herman Knevelbaard (Vice-President)
  • Compensation: $2,016
  • Related: $0
  • Other: $0
Louise Garrison (Treasurer)
  • Compensation: $2,016
  • Related: $0
  • Other: $0
Regan Juarigue (Director)
  • Compensation: $1,869
  • Related: $0
  • Other: $0


Official website here: www.nicemutualwatercompany.info/

Where can I find the form 990 for Nice Mutual Water Company?

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


Official website here: www.nicemutualwatercompany.info/

Learn more at the official website: www.nicemutualwatercompany.info/

Mission Statement of Nice Mutual Water Company

Nice Mutual Water Company, functioning as a mutual benefit corporation, is dedicated to serving the water needs of its community. Its mission is centered around providing clean drinking water year-round to the residents of a particular town, identified as Nice, California, which is home to approximately 2,700 people. The company's main objective is to ensure the continuity of this essential service, thereby contributing to the overall well-being and comfort of the community it serves.

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Impact




October, 2024

Nice Mutual Water Company plays a crucial role in ensuring the availability of clean drinking water for the residents of Nice, California, a community of approximately 2,700 people. By consistently providing reliable water service throughout the year, the company significantly enhances the quality of life for its residents. Access to potable water supports health and hygiene, promotes community well-being, and contributes to the overall sustainability of the area. The company's commitment to serving its local population ensures that essential water resources are managed effectively and equitably, ultimately fostering a stronger and more resilient community.




This information is meant to be a general summary of Nice 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
$1,130,500 (2022)
Expenses
$1,237,281 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $892
  • Program Service Revenue: $1,053,222
  • Gross Receipts: $1,130,500

Assets and Liabilities:

  • Total Assets: $5,289,054
  • Total Liabilities: $793,781
  • Net Assets: $4,495,273

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Programs

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

Water

Revenue

$1,053,222

Connection fees

Organization Details

Founding Year

1948

Principal Officer

Donald P Gatton

Main Address

PO Box 578, Nice, CA, 95464

NTEE Category

Code: W80 - Public benefit

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