Overview
What is Forest Lakes Mutual Water Company?
Forest Lakes Mutual Water Company is a community-based entity situated in Felton, California. Its primary function is to ensure an adequate water supply for its resident members. Beyond water provision, the company also plays a role in maintaining the local infrastructure, which includes roads, contributing to the overall well-being of the community.
Is Forest Lakes Mutual Water Company legitimate?
Forest Lakes Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Forest Lakes 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: $248,314
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What is the mission statement of Forest Lakes Mutual Water Company?
The Forest Lakes Mutual Water Company's mission is centered around providing water to its residential members. Beyond this, the company also takes on the responsibility of maintaining the necessary infrastructure in their operation area, ensuring a reliable water supply and well-maintained infrastructure for their member community.
Who is the CEO of Forest Lakes Mutual Water Company?
Pete Gonda is the Treasurer of Forest Lakes Mutual Water Company.
What is the revenue of Forest Lakes Mutual Water Company?
Forest Lakes Mutual Water Company's revenue in 2022 was $747,960.
Who are the executives of Forest Lakes Mutual Water Company and what are their salaries?
The average compensation at Forest Lakes Mutual Water Company during 2022 was $27,590. There are 9 employees at Forest Lakes Mutual Water Company.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Forest Lakes Mutual Water Company?
Forest Lakes Mutual Water Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Forest Lakes Mutual Water Company
Forest Lakes Mutual Water Company, as its name suggests, is a mutual organization with a mission to provide water to its resident members. Beyond just supplying water, this company plays an essential role in maintaining the infrastructure of the community. In Felton, California, where it operates, Forest Lakes Mutual Water Company ensures the smooth functioning of roads and other essential facilities, contributing to the overall well-being of its members. The company's mission is centered around providing essential water services and ensuring the community's infrastructure remains in good condition.
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Impact
October, 2024
Forest Lakes Mutual Water Company significantly impacts the Felton, CA community by supplying essential water services to resident members. This reliable water supply is crucial for daily living, supporting both personal needs and local agriculture or landscaping efforts. Additionally, the company plays a vital role in maintaining roads and other infrastructure, promoting safe and accessible transportation within the area. This combination of water provision and infrastructure maintenance ensures a higher quality of life for residents, fostering a connected and sustainable community in Felton. By fulfilling these essential functions, the company enhances public benefit and supports the overall well-being of its members.
This information is meant to be a general summary of Forest Lakes 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,726
- Program Service Revenue: $746,234
- Gross Receipts: $747,960
Assets and Liabilities:
- Total Assets: $1,081,936
- Total Liabilities: $235,971
- Net Assets: $845,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$746,234
Organization Details
Founding Year
1925
Phone
(831) 335-5774Principal Officer
Pete Gonda
Main Address
910 Fern Avenue, Felton, CA, 95018
NTEE Category
Code: W80 - Public benefit
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