La Cumbre Mutual Water Company

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

EIN: 950914550 ✦ Santa barbara, CA ✦ Designated as a 501(c)(12)

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Overview

What is La Cumbre Mutual Water Company?

La Cumbre Mutual Water Company is a local utility company situated in the Santa Barbara, California area. With a focus on mutual water services, it manages and maintains a water plant and distribution system, catering to around 1250 customers. The company's mission is dedicated to delivering these essential water services, contributing to the community in the Santa Barbara region.


Official website here: www.lacumbrewater.com

Is La Cumbre Mutual Water Company legitimate?

La Cumbre Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. La Cumbre 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: $357,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,102,479

For more financial information, click here


Official website here: www.lacumbrewater.com

What is the mission statement of La Cumbre Mutual Water Company?

La Cumbre Mutual Water Company, serving approximately 1250 customers in an undisclosed location, is dedicated to providing mutual water company services. Their mission is centered around operating and maintaining a water utility plant and distribution system, ensuring reliable water supply to the community. The company's primary objective is to deliver these services in a manner that aligns with the standards of a mutual water company, thereby contributing to the well-being of the community it serves.


Official website here: www.lacumbrewater.com

What is the revenue of La Cumbre Mutual Water Company?

La Cumbre Mutual Water Company's revenue in 2023 was $7,100,749.


Official website here: www.lacumbrewater.com

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

The average compensation at La Cumbre Mutual Water Company during 2023 was $145,949. There are 10 employees and 10 volunteers at La Cumbre Mutual Water Company.

Here are 11 key members and their salaries:


Mike Alvarado (General Manager)
  • Compensation: $273,373
  • Related: $0
  • Other: $45,383
Jeff Dameron (Admin Manager)
  • Compensation: $233,612
  • Related: $0
  • Other: $41,893
Scott Trochman (Foreman)
  • Compensation: $131,419
  • Related: $0
  • Other: $26,080
Chris Alvarado (Distribution Mgr)
  • Compensation: $126,596
  • Related: $0
  • Other: $17,403
Maria Armijo (Office Manager)
  • Compensation: $117,773
  • Related: $0
  • Other: $22,037
Gabriel Ruiz (Water System Opera)
  • Compensation: $111,995
  • Related: $0
  • Other: $16,925
Alex Rodriguez (President)
  • Compensation: $13,875
  • Related: $0
  • Other: $0
Rob Thomson (Treasurer)
  • Compensation: $8,504
  • Related: $0
  • Other: $0
Doug Campbell (Director)
  • Compensation: $6,600
  • Related: $0
  • Other: $0
Marc Russo (Vice President)
  • Compensation: $5,400
  • Related: $0
  • Other: $0
Jane Lodas (Secretary)
  • Compensation: $3,875
  • Related: $0
  • Other: $0


Official website here: www.lacumbrewater.com

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

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


Official website here: www.lacumbrewater.com

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

Mission Statement of La Cumbre Mutual Water Company

La Cumbre Mutual Water Company, as a mutual water company, is committed to its mission of providing essential water utility services in the Santa Barbara area. This mission involves operating and maintaining a water utility plant and distribution system that caters to approximately 1250 customers. The company's goal is to deliver mutual water company services, emphasizing the collective responsibility and benefit of its customers. By doing so, La Cumbre Mutual Water Company plays a vital role in ensuring a steady water supply for its community, thereby contributing to the overall well-being and daily life of its customers.

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Impact




October, 2024

La Cumbre Mutual Water Company plays a crucial role in providing essential water services to approximately 1,250 customers in the Santa Barbara, CA area. By operating and maintaining a local water utility plant and distribution system, the company ensures that residents have access to reliable and safe water. This service enhances public health and quality of life, supporting the community's daily needs and promoting sustainable resource management. The company's commitment to maintaining its infrastructure directly impacts water availability, contributing to the overall resilience of the community in the face of varying water demands and environmental challenges.




This information is meant to be a general summary of La Cumbre 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
$7,100,749 (2023)
Expenses
$5,865,056 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $395,736
  • Program Service Revenue: $6,612,490
  • Gross Receipts: $7,137,826

Assets and Liabilities:

  • Total Assets: $17,862,546
  • Total Liabilities: $568,054
  • Net Assets: $17,294,492

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Programs

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

Installation fees

Revenue

$115,760

Meter charges

Revenue

$1,465,546

Water sales

Revenue

$5,031,184

Organization Details

Founding Year

1925

Principal Officer

Alex Rodriguez

NTEE Category

Code: W80 - Public benefit

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