Loch Lomond Mutual Water Company

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

EIN: 941615915 ✦ Cobb, CA ✦ Designated as a 501(c)(12)

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Overview

What is Loch Lomond Mutual Water Company?

Loch Lomond Mutual Water Company is a nonprofit organization situated in Cobb, California. Their primary mission is to offer essential water services to the community residing in Loch Lomond, California. Established in the spirit of mutual cooperation, this organization ensures that the residents have access to clean and reliable water, thereby enhancing their overall quality of life and well-being. The company operates with a focus on providing reliable water services, thus contributing to the local community's needs and welfare.

Is Loch Lomond Mutual Water Company legitimate?

Loch Lomond Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Loch Lomond 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 Loch Lomond Mutual Water Company?

The Loch Lomond Mutual Water Company's mission is centered around delivering essential water services. Their primary objective is to cater to the water needs of the community, ensuring a reliable supply for the residents of Loch Lomond. Their activities are geared towards maintaining the quality and availability of water, thereby contributing to the overall well-being of the community they serve. While specific details about their advocacy or support initiatives are not provided, it can be inferred that they are committed to providing water services in an efficient and responsible manner, fulfilling their mission to serve the community effectively.

Who is the CEO of Loch Lomond Mutual Water Company?

Jon Prather is the Treasurer of Loch Lomond Mutual Water Company.

What is the revenue of Loch Lomond Mutual Water Company?

Loch Lomond Mutual Water Company's revenue in 2023 was $169,188.

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


Here are 8 key members and their salaries:


Donna Cataline (Treasurer)
  • Compensation: $700
  • Related: $0
  • Other: $0
Mike Reidy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Reidy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judi Cortesi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Prather (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Gibson (Former Presidentdirector)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rummell (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Loch Lomond Mutual Water Company?

Loch Lomond Mutual Water Company's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Loch Lomond Mutual Water Company

Loch Lomond Mutual Water Company, as its name suggests, is dedicated to serving the water needs of the community in Loch Lomond, California. Their primary mission is to ensure the provision of reliable and high-quality water services to the residents of this area. By taking on this role, they contribute significantly to the comfort and well-being of the community, ensuring that basic necessities are met effectively. Their commitment to this mission is unwavering, making them an essential part of the daily lives of the people of Loch Lomond.

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Impact




October, 2024

Loch Lomond Mutual Water Company plays a vital role in ensuring the availability of safe and reliable water services to the residents of Loch Lomond, California. By focusing on the specific needs of the community, the company contributes significantly to public health, environmental sustainability, and overall quality of life. Their commitment to providing essential water services supports local households and promotes a sense of community well-being. Through consistent water provision, they help maintain the area’s natural resources and foster responsible management of water as a shared resource.




This information is meant to be a general summary of Loch Lomond 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
$169,188 (2023)
Expenses
$232,804 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $23
  • Program Service Revenue: $169,165
  • Gross Receipts: $169,188

Assets and Liabilities:

  • Total Assets: $1,983,762
  • Total Liabilities: $1,174,233
  • Net Assets: $809,529

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Programs

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

Program service

Revenue

$105,015

Assessments

Revenue

$58,650

Connection fees

Revenue

$5,500

Organization Details

Founding Year

1938

Principal Officer

Jon Prather

Main Address

PO Box 13, Cobb, CA, 95426

NTEE Category

Code: W80 - Public benefit

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