Lincoln Avenue Water Company

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

EIN: 950937105 ✦ Altadena, CA ✦ Designated as a 501(c)(12)

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Overview

What is Lincoln Avenue Water Company?

The Lincoln Avenue Water Company, situated in Altadena, California, is a nonprofit organization with a primary mission to provide its members with potable and safe water. Established as a mutual, the company has a dedicated workforce of 16 individuals committed to delivering on this mission. Their mission extends beyond simply supplying water, as they strive to ensure that the water they supply is potable and meets the highest safety standards for their members. The company's activities and mission are focused solely on water provision, making it a vital resource for the community it serves.


Official website here: www.lawc.org

Is Lincoln Avenue Water Company legitimate?

Lincoln Avenue Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lincoln Avenue 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: $215,316
Professional Fundraising Fees: $0
Other Salaries and Wages: $290,201

For more financial information, click here


Official website here: www.lawc.org

What is the mission statement of Lincoln Avenue Water Company?

Lincoln Avenue Water Company's mission is centered around providing potable water to its members. This organization strives to ensure that all its members have access to safe and drinkable water, serving as a vital resource for their daily needs. The company's mission is carried out diligently, as demonstrated by its continuous provision of potable water to its members. This commitment to water quality and availability is a testament to the company's dedication to its community. While specific details about advocacy or additional services are not provided, the primary focus of Lincoln Avenue Water Company is clear: to provide its members with clean, safe water.


Official website here: www.lawc.org

Who is the CEO of Lincoln Avenue Water Company?

J Betancourt is the President of Lincoln Avenue Water Company.


Official website here: www.lawc.org

What is the revenue of Lincoln Avenue Water Company?

Lincoln Avenue Water Company's revenue in 2022 was $3,134,087.


Official website here: www.lawc.org

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

The average compensation at Lincoln Avenue Water Company during 2022 was $31,595. There are 16 employees at Lincoln Avenue Water Company.


Here are 6 key members and their salaries:


J Clairday (President)
  • Compensation: $15,600
  • Related: $0
  • Other: $0
R Gomperz (Vp)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
L Duncan (1St Vp)
  • Compensation: $10,500
  • Related: $0
  • Other: $0
D Fernandez (Asst Secr)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
J Betancourt Reported On W-2 (Secretary/Coo)
  • Compensation: $160,416
  • Related: $0
  • Other: $0
V Thompson (Dir)
  • Compensation: $9,600
  • Related: $0
  • Other: $0


Official website here: www.lawc.org

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

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


Official website here: www.lawc.org

Learn more at the official website: www.lawc.org

Mission Statement of Lincoln Avenue Water Company

Lincoln Avenue Water Company, as a mutual entity, is committed to a mission of providing potable water to all its members. In simpler terms, this organization is dedicated to ensuring that every member of its mutual has access to safe and drinkable water. The company's activities are geared towards fulfilling this mission, providing its members with water that meets stringent health and safety standards.

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Impact




October, 2024

Lincoln Avenue Water Company significantly impacts the community by ensuring access to potable water for all its members. Located in Altadena, California, the company prioritizes the provision of safe drinking water, addressing a crucial need for public health and wellness. By delivering reliable water services, it enhances the quality of life for residents and supports the overall well-being of the community. Through its dedicated efforts, Lincoln Avenue Water Company plays a vital role in promoting sustainability and public benefit within the region.




This information is meant to be a general summary of Lincoln Avenue 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
$3,134,087 (2022)
Expenses
$1,981,011 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $16,752
  • Gross Receipts: $6,177,085

Assets and Liabilities:

  • Total Assets: $23,088,687
  • Total Liabilities: $1,484,052
  • Net Assets: $21,604,635

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Organization Details

Founding Year

1896

Principal Officer

J Betancourt

Main Address

564 W HARRIET ST, ALTADENA, CA, 91001

NTEE Category

Code: W80 - Public benefit

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