Asoleado Mutual Water Company

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

EIN: 942514066 ✦ Carmel, CA ✦ Designated as a 501(c)(12)

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Overview

What is Asoleado Mutual Water Company?

Asoleado Mutual Water Company is a mutual benefit corporation located at 1 Asoleado Road, Carmel, California 93924. Their primary role is to manage and maintain a road and water supply system for their member community. As a mutual organization, the company operates with the collective interest and benefits of its members in mind. The company's mission encompasses the operation, maintenance, repairs, and eventual replacement of the necessary infrastructure to ensure a reliable water supply for its members.

Is Asoleado Mutual Water Company legitimate?

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

Asoleado Mutual Water Company, as a mutual benefit corporation, is committed to operating and maintaining a road and water supply system for its member base. Its primary mission is to ensure the smooth functioning of these essential services, including regular repairs, replacements, and upkeep. The company's activities are geared towards ensuring the reliable provision of water and managing the associated infrastructure, thereby benefiting its members directly.

Who is the CEO of Asoleado Mutual Water Company?

Richard Chastain is the President of Asoleado Mutual Water Company.

What is the revenue of Asoleado Mutual Water Company?

Asoleado Mutual Water Company's revenue in 2022 was $154,206.

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

There 7 volunteers at Asoleado Mutual Water Company.


Here are 8 key members and their salaries:


Darius Sadeghi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Belleci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanie Linares (Asst Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Scardina (Water Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Chastain (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Acrey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Finger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Coppotelli (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Asoleado Mutual Water Company?

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

Mission Statement of Asoleado Mutual Water Company

Asoleado Mutual Water Company, as a mutual benefit corporation, is dedicated to operating and maintaining a robust road and water supply system for its members. This nonprofit organization's mission is centered around ensuring the functional operation, regular maintenance, repairs, and when necessary, replacement of its road and water system. By doing so, it provides essential services to its members, ensuring a reliable water supply and navigable roads. In essence, Asoleado Mutual Water Company is committed to enhancing the quality of life for its members by effectively managing its infrastructure.

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Impact




October, 2024

Asoleado Mutual Water Company plays a vital role in the community of Carmel, California, by operating and maintaining essential road and water supply systems for its members. Its impact is evident in providing reliable access to water, which is crucial for both daily living and environmental sustainability. By ensuring the proper operation, maintenance, and necessary repairs of these systems, Asoleado fosters a sense of security among residents regarding their essential needs. Furthermore, the company contributes to the overall infrastructure of the area, promoting connectivity and accessibility. Through its dedicated services, Asoleado enhances the quality of life in the community and supports the well-being of its members.




This information is meant to be a general summary of Asoleado 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
$154,206 (2022)
Expenses
$82,652 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $154,206
  • Gross Receipts: $154,206

Assets and Liabilities:

  • Total Assets: $353,449
  • Total Liabilities: $775
  • Net Assets: $352,674

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$114,816

GOVT FEMA GRANT - FIRE

Revenue

$39,390

Organization Details

Founding Year

1978

Principal Officer

Richard Chastain

Main Address

1 ASOLEADO ROAD, CARMEL, CA, 93924

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