New Avenue Mutual Water Company

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

EIN: 942806216 ✦ Gilroy, CA ✦ Designated as a 501(c)(12)

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Overview

What is New Avenue Mutual Water Company?

New Avenue Mutual Water Company is a nonprofit organization dedicated to serving 105 households in an unspecified location. Their primary mission is to ensure the provision of clean and safe drinking water for these residences, as well as offering fire protection through hydrants. By supplying this essential resource, the company aims to improve the quality of life for its members, ensuring they have access to safe water for daily use. The company's activities are centered around this core mission, making it a vital resource in the community it serves.


Official website here: www.newavemutualwater.com

Is New Avenue Mutual Water Company legitimate?

New Avenue Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. New Avenue 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: $10,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.newavemutualwater.com

What is the mission statement of New Avenue Mutual Water Company?

New Avenue Mutual Water Company's primary mission is to ensure the availability of safe drinking water for its members. This includes supplying clean and potable water to 105 residential homes and providing fire protection through hydrants. The company is committed to maintaining the safety and well-being of its members by consistently delivering high-quality water services.


Official website here: www.newavemutualwater.com

Who is the CEO of New Avenue Mutual Water Company?

Mike Di Pietro is the Director of New Avenue Mutual Water Company.


Official website here: www.newavemutualwater.com

What is the revenue of New Avenue Mutual Water Company?

New Avenue Mutual Water Company's revenue in 2023 was $228,046.


Official website here: www.newavemutualwater.com

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


Here are 6 key members and their salaries:


Jae Schwartz (Director)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
Mike Di Pietro (President)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
James Armstrong (Treasurer)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
Alan Heinzen (Maintenance)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
Joseph Cardinalli (Secretary)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
David Biasetti (Director)
  • Compensation: $1,650
  • Related: $0
  • Other: $0


Official website here: www.newavemutualwater.com

Where can I find the form 990 for New Avenue Mutual Water Company?

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


Official website here: www.newavemutualwater.com

Learn more at the official website: www.newavemutualwater.com

Mission Statement of New Avenue Mutual Water Company

New Avenue Mutual Water Company is dedicated to providing safe drinking water to its members. This nonprofit organization's mission is to ensure that the 105 residential homes it serves have access to clean and safe water for daily use. Beyond this, New Avenue Mutual Water Company also prioritizes fire protection by maintaining hydrants within the community. By providing this essential resource, the company contributes to the well-being and safety of its members, ensuring they have access to a fundamental necessity for daily living.

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Impact




October, 2024

New Avenue Mutual Water Company plays a crucial role in ensuring the well-being of the community in Gilroy, CA, by providing safe drinking water to 105 residential homes. Their efforts are vital for maintaining public health, as access to clean water is fundamental for everyday living. Additionally, the company addresses fire safety by installing hydrants, which enhance emergency response capabilities and protect homes from fire hazards. Overall, the impact of New Avenue Mutual Water Company extends beyond just water supply; it fosters a healthier and safer environment for the families it serves.




This information is meant to be a general summary of New Avenue 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
$228,046 (2023)
Expenses
$345,148 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $17
  • Gross Receipts: $228,046

Assets and Liabilities:

  • Total Assets: $514,506
  • Total Liabilities: $0
  • Net Assets: $514,506

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Organization Details

Founding Year

1977

Principal Officer

Mike Di Pietro

Main Address

PO BOX 264, GILROY, CA, 95021

NTEE Category

Code: W80 - Public benefit

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