Atascadero Mutual Water Company

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

EIN: 950510690 ✦ Atascadero, CA ✦ Designated as a 501(c)(12)

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Overview

What is Atascadero Mutual Water Company?

Atascadero Mutual Water Company is a community-focused organization, established as a mutual water company, located in Atascadero, California. The company's primary function is to provide essential water services to its community. All its financial resources are dedicated to this purpose, ensuring the smooth operation and maintenance of the water supply system. With a team of 24 dedicated professionals, the company is committed to serving the needs of its community effectively.


Official website here: www.amwc.us

Is Atascadero Mutual Water Company legitimate?

Atascadero Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Atascadero 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: $501,613
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,581,877

For more financial information, click here


Official website here: www.amwc.us

What is the mission statement of Atascadero Mutual Water Company?

The Atascadero Mutual Water Company is structured as a mutual entity, focusing primarily on providing water services to its community. All of its financial commitments are anchored towards this purpose, ensuring the continuous supply of water to its constituents. The company's mission is centered around meeting the water needs of its community, allocating all its resources towards this end.


Official website here: www.amwc.us

Who is the CEO of Atascadero Mutual Water Company?

John Neil is the General Manager of Atascadero Mutual Water Company.


Official website here: www.amwc.us

What is the revenue of Atascadero Mutual Water Company?

Atascadero Mutual Water Company's revenue in 2023 was $11,113,540.


Official website here: www.amwc.us

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

The average compensation at Atascadero Mutual Water Company during 2023 was $86,812. There are 24 employees at Atascadero Mutual Water Company.


Here are 13 key members and their salaries:


Leroy Davis (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Jackie M Lerno (President)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Robert M Jones (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
D Frank Platz (Vice President & Treasurer)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Brien Vierra (Director)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
John Neil (General Manager)
  • Compensation: $210,012
  • Related: $0
  • Other: $14,701
Cheryl Powers (Secretary & Asst. Treasure)
  • Compensation: $127,291
  • Related: $0
  • Other: $8,910
Lorraine Halderman (Asst Secretary)
  • Compensation: $104,310
  • Related: $0
  • Other: $7,302
Matthew Sytsma (Senior Water Treatment Ope)
  • Compensation: $128,709
  • Related: $0
  • Other: $9,010
Mike Stephens (Chief Operator)
  • Compensation: $141,452
  • Related: $0
  • Other: $9,902
David Clark (Superintendent)
  • Compensation: $127,051
  • Related: $0
  • Other: $8,894
Jason Straeck (Senior Water Treatment Ope)
  • Compensation: $115,876
  • Related: $0
  • Other: $8,111
Colton Cruzat (Senior Water Treatment Ope)
  • Compensation: $126,479
  • Related: $0
  • Other: $8,854


Official website here: www.amwc.us

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

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


Official website here: www.amwc.us

Learn more at the official website: www.amwc.us

Mission Statement of Atascadero Mutual Water Company

Atascadero Mutual Water Company, as a mutual water company, is dedicated to supplying water to the community it serves. This organization's mission is centered around its purpose, which is to cover all expenses associated with providing water to its community. In essence, Atascadero Mutual Water Company is committed to ensuring the community has access to a reliable water supply, and it channels all its resources towards achieving this objective.

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Impact




October, 2024

Atascadero Mutual Water Company plays a critical role in providing essential water services to the community of Atascadero, California. By organizing as a mutual water company, it ensures that the resources and revenues generated are directed solely toward the upkeep, operation, and improvement of the water supply system. This focus on community needs helps maintain a reliable and safe water source for residents, fostering public health and supporting local development.

The company’s commitment to serving the community impacts various aspects of life in Atascadero. It contributes to the overall quality of life by ensuring access to clean and potable water, which is vital for daily activities, agriculture, and local businesses. By prioritizing local water needs, Atascadero Mutual Water Company reinforces sustainable practices and supports the environment by managing resources more effectively.

Moreover, its operations facilitate community resilience against potential challenges, such as droughts or water shortages, through careful planning and resource management. In this way, Atascadero Mutual Water Company is not just a provider of water, but a cornerstone of the community’s infrastructure and well-being.




This information is meant to be a general summary of Atascadero 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
$11,113,540 (2023)
Expenses
$11,736,893 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $24,656
  • Program Service Revenue: $10,874,267
  • Gross Receipts: $11,113,540

Assets and Liabilities:

  • Total Assets: $50,743,096
  • Total Liabilities: $1,295,332
  • Net Assets: $49,447,764

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Programs

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

M RESIDENTIAL-AMWC

Revenue

$9,445,376

NWP SURCHARGE FEE

Revenue

$669,746

CONNECTION FEES-AMWC

Revenue

$357,700

PFAS SURCHARGE FEE

Revenue

$145,845

SERVICE CHARGE-AMWC

Revenue

$105,398

Organization Details

Founding Year

1913

Principal Officer

John Neil

Main Address

PO BOX 6075, ATASCADERO, CA, 934236075

NTEE Category

Code: W80 - Public benefit

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