Carmel Riviera Mutual Water Company

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

EIN: 941591020 ✦ Carmel, CA ✦ Designated as a 501(c)(12)

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Overview

What is Carmel Riviera Mutual Water Company?

Carmel Riviera Mutual Water Company is a nonprofit organization based in Carmel, California. Its primary mission is to provide domestic water services to its members for both everyday use and firefighting purposes. They accomplish this by utilizing various methods, including stream diversion, wells, and a tank system. The company ensures an adequate water supply for its members, thereby contributing to their daily needs and safety.

Is Carmel Riviera Mutual Water Company legitimate?

Carmel Riviera Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Carmel Riviera 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Carmel Riviera Mutual Water Company?

The Carmel Riviera Mutual Water Company is committed to providing domestic water to its members. They accomplish this through various means, including stream diversion, wells, and a tank system. The company's primary purpose is to ensure a reliable water supply for its members' household needs and for firefighting purposes. In essence, the Carmel Riviera Mutual Water Company serves as a water provider, ensuring the essential water needs of its members are met.

Who is the CEO of Carmel Riviera Mutual Water Company?

Richard Cain is the Chair of Carmel Riviera Mutual Water Company.

What is the revenue of Carmel Riviera Mutual Water Company?

Carmel Riviera Mutual Water Company's revenue in 2022 was $618,740.

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

There 5 volunteers at Carmel Riviera Mutual Water Company.


Here are 5 key members and their salaries:


Richard Cain (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Pysor (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Ryter (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Wenglikowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Carmel Riviera Mutual Water Company?

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

Mission Statement of Carmel Riviera Mutual Water Company

The Carmel Riviera Mutual Water Company, in its mission, is dedicated to providing domestic water to its members. This is accomplished through the utilization of various methods, including stream diversion, wells, and a tank system. The primary objective of this organization is to ensure that its members have access to a reliable water supply for their daily needs and for firefighting purposes. By providing this essential resource, the Carmel Riviera Mutual Water Company plays a vital role in sustaining the lives of its members, contributing to their overall well-being.

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Impact




October, 2024

Carmel Riviera Mutual Water Company plays a crucial role in ensuring the availability of domestic water for its members in Carmel, California. By utilizing stream diversion, wells, and a comprehensive tank system, the company facilitates water services essential for everyday use and fire protection. This infrastructure not only supports the community's domestic needs but also enhances safety by providing a reliable water supply for firefighting efforts. Overall, the water company's operations significantly contribute to the well-being and security of local residents.




This information is meant to be a general summary of Carmel Riviera 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
$618,740 (2022)
Expenses
$526,751 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,577
  • Program Service Revenue: $611,163
  • Gross Receipts: $618,740

Assets and Liabilities:

  • Total Assets: $1,884,855
  • Total Liabilities: $339,894
  • Net Assets: $1,544,961

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Programs

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

WATER SYSTEM CHARGES

Revenue

$611,163

Organization Details

Founding Year

1964

Principal Officer

Richard Cain

Main Address

PO BOX 22288, CARMEL, CA, 93922

NTEE Category

Code: W80 - Public benefit

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