Lake Almanor Country Club Mutual Water Co

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

EIN: 941601592 ✦ Lake almanor, CA ✦ Designated as a 501(c)(12)

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Overview

What is Lake Almanor Country Club Mutual Water Co?

Lake Almanor Country Club Mutual Water Company is a nonprofit organization situated in Lake Almanor, California. With a team of three dedicated individuals, its primary mission is to supply water to all residential units within the Lake Almanor Country Club and certain commercial units. Furthermore, the organization is responsible for maintaining, repairing, and replacing the water delivery infrastructure to ensure a reliable water supply for its members. By fulfilling these essential services, Lake Almanor Country Club Mutual Water Company contributes significantly to the comfort and well-being of its community.


Official website here: www.laccmutualwater.org

Is Lake Almanor Country Club Mutual Water Co legitimate?

Lake Almanor Country Club Mutual Water Co is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lake Almanor Country Club Mutual Water Co 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: $131,603
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,308

For more financial information, click here


Official website here: www.laccmutualwater.org

What is the mission statement of Lake Almanor Country Club Mutual Water Co?

Lake Almanor Country Club Mutual Water Company's primary purpose is to supply water to the residential units within the Lake Almanor Country Club and select commercial establishments. Additionally, the organization is responsible for maintaining, repairing, and replacing the necessary infrastructure for water delivery. The company's mission is centered around ensuring a reliable water supply and preserving the water delivery system, thereby serving the needs of its members effectively.


Official website here: www.laccmutualwater.org

Who is the CEO of Lake Almanor Country Club Mutual Water Co?

Bob Burton is the General Manager of Lake Almanor Country Club Mutual Water Co.


Official website here: www.laccmutualwater.org

What is the revenue of Lake Almanor Country Club Mutual Water Co?

Lake Almanor Country Club Mutual Water Co's revenue in 2023 was $884,661.


Official website here: www.laccmutualwater.org

Who are the executives of Lake Almanor Country Club Mutual Water Co and what are their salaries?

The average compensation at Lake Almanor Country Club Mutual Water Co during 2023 was $90,637. There are 3 employees at Lake Almanor Country Club Mutual Water Co.


Here are 6 key members and their salaries:


Troy Henry (General Manager)
  • Compensation: $106,454
  • Related: $0
  • Other: $25,149
Bob Burton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Quackenbush (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Hickel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Rudgers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Heinbaugh (Chief Engineer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.laccmutualwater.org

Where can I find the form 990 for Lake Almanor Country Club Mutual Water Co?

Lake Almanor Country Club Mutual Water Co's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.laccmutualwater.org

Learn more at the official website: www.laccmutualwater.org

Mission Statement of Lake Almanor Country Club Mutual Water Co

Lake Almanor Country Club Mutual Water Co, as an organization, is dedicated to supplying water to all residential units within the Lake Almanor Country Club and certain commercial units. Beyond this fundamental service, the company also takes on the responsibility of maintaining, repairing, and replacing the water delivery infrastructure. This ensures a consistent and reliable water supply for its customers, contributing to their comfort and well-being. The organization's mission, therefore, can be summarized as providing essential water services while ensuring the ongoing maintenance and improvement of its delivery systems.

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Impact




October, 2024

Lake Almanor Country Club Mutual Water Co plays a crucial role in ensuring the availability of clean, reliable water for both residential and commercial units within the Lake Almanor Country Club area. By maintaining, repairing, and replacing the water delivery infrastructure, the organization safeguards the community's access to essential water services. This commitment not only supports the daily needs of residents but also enhances property values and contributes to the overall quality of life in the region. The organization's efforts help sustain a vibrant community by enabling recreational activities and promoting health and well-being among residents and visitors alike.




This information is meant to be a general summary of Lake Almanor Country Club Mutual Water Co. 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
$884,661 (2023)
Expenses
$919,691 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $10,885
  • Program Service Revenue: $246,833
  • Gross Receipts: $884,661

Assets and Liabilities:

  • Total Assets: $5,632,539
  • Total Liabilities: $1,808,793
  • Net Assets: $3,823,746

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Programs

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

Late charges and other

Revenue

$48,119

Sales of water

Revenue

$198,714

Organization Details

Founding Year

1962

Principal Officer

Bob Burton

Main Address

501 Peninsula Drive, Lake Almanor, CA, 96137

NTEE Category

Code: W80 - Public benefit

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