Overview
What is Lake Canyon Mutual Water Company?
Lake Canyon Mutual Water Company is a nonprofit organization located in Los Gatos, California. With a small team of three individuals, their primary mission is to provide water services to the members of the associated community. Specifically, they supply water to approximately 54 property owners within their designated district, ensuring a reliable water source for their community members. This essential service is instrumental in maintaining daily life and well-being within the community.
Is Lake Canyon Mutual Water Company legitimate?
Lake Canyon Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lake Canyon 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: $31,392
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,645
For more financial information, click here
What is the mission statement of Lake Canyon Mutual Water Company?
The Lake Canyon Mutual Water Company, serving approximately 54 members, is dedicated to providing water. Their primary mission is to ensure a reliable water supply for individuals who own properties within their district. This organization was established with the purpose of delivering essential water services to its members, thereby enhancing their quality of life. The company's activities are centered around maintaining and improving the water supply infrastructure, ensuring consistent water delivery to its subscribers.
Who is the CEO of Lake Canyon Mutual Water Company?
Wilfred Everts is the Secr/Trea/Water Treatment of Lake Canyon Mutual Water Company.
What is the revenue of Lake Canyon Mutual Water Company?
Lake Canyon Mutual Water Company's revenue in 2023 was $165,151.
Who are the executives of Lake Canyon Mutual Water Company and what are their salaries?
The average compensation at Lake Canyon Mutual Water Company during 2023 was $15,012. There are 3 employees at Lake Canyon Mutual Water Company.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $29,647
- Related: $0
- Other: $0
Where can I find the form 990 for Lake Canyon Mutual Water Company?
Lake Canyon Mutual Water Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lake Canyon Mutual Water Company
Lake Canyon Mutual Water Company is dedicated to providing water services to its members who own properties within its district. With approximately 54 hookups to the water supply, this organization plays a crucial role in ensuring that its members have access to a reliable water source. The company's mission is centered around delivering water, serving as a vital resource for the well-being of its members and their homes.
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Impact
October, 2024
Lake Canyon Mutual Water Company provides essential water service to its members who own lots and homes within its district in Los Gatos, California. With approximately 54 hookups to the water supply, the company plays a crucial role in ensuring reliable access to water for its community, thereby enhancing the quality of life for its residents. By focusing on the needs of its members, the water company not only supports individual households but also contributes to the overall sustainability and well-being of the local environment and ecosystem. This service is vital for both daily living and the preservation of the area's natural resources, underscoring the company's significant impact on public benefit within the community.
This information is meant to be a general summary of Lake Canyon 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $175
- Program Service Revenue: $164,976
- Gross Receipts: $165,151
Assets and Liabilities:
- Total Assets: $785,227
- Total Liabilities: $0
- Net Assets: $785,227
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL FEES
Revenue
$131,205
PREMIUM WATER USAGE
Revenue
$22,618
FEE INCOME
Revenue
$5,620
ADMIN FEES
Revenue
$4,133
WATER METER
Revenue
$1,400
Organization Details
Founding Year
1938
Phone
(408) 834-7745Principal Officer
Wilfred Everts
Main Address
PO BOX 866, LOS GATOS, CA, 95031
NTEE Category
Code: W80 - Public benefit
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