Overview
What is Oildale Mutual Water Company Inc?
Oildale Mutual Water Company Inc is a nonprofit organization situated in Oildale, California. With a mission to provide domestic water, they procure and deliver water to their 11,500 members within their service area. As a mutual water company, they operate with a focus on meeting the needs of their customers and stockholders, ensuring a reliable water supply. The company is backed by a workforce of 20 individuals, demonstrating their commitment to providing essential water services.
Official website here: www.oildalewater.com
Is Oildale Mutual Water Company Inc legitimate?
Oildale Mutual Water Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Oildale Mutual Water Company Inc 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: $552,994
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,060,074
For more financial information, click here
Official website here: www.oildalewater.com
What is the mission statement of Oildale Mutual Water Company Inc?
The Oildale Mutual Water Company Inc's primary mission is centered around the procurement and delivery of domestic water to its customers and stockholders within its service area. This non-profit organization is dedicated to ensuring a reliable water supply for approximately 11,500 members, serving as a crucial provider of this essential resource. The company's mission reflects its commitment to meeting the water needs of its community, ensuring the continuity of essential water services for its members.
Official website here: www.oildalewater.com
What is the revenue of Oildale Mutual Water Company Inc?
Oildale Mutual Water Company Inc's revenue in 2024 was $11,267,619.
Official website here: www.oildalewater.com
Who are the executives of Oildale Mutual Water Company Inc and what are their salaries?
The average compensation at Oildale Mutual Water Company Inc during 2024 was $83,725.
Here are 8 key members and their salaries:
- Compensation: $6,250
- Related: $0
- Other: $0
- Compensation: $7,300
- Related: $0
- Other: $0
- Compensation: $6,050
- Related: $0
- Other: $0
- Compensation: $6,300
- Related: $0
- Other: $0
- Compensation: $151,800
- Related: $0
- Other: $0
- Compensation: $6,050
- Related: $0
- Other: $0
- Compensation: $240,000
- Related: $0
- Other: $0
- Compensation: $129,244
- Related: $0
- Other: $0
Official website here: www.oildalewater.com
Where can I find the form 990 for Oildale Mutual Water Company Inc?
Oildale Mutual Water Company Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.oildalewater.com
Learn more at the official website: www.oildalewater.com
Mission Statement of Oildale Mutual Water Company Inc
Oildale Mutual Water Company Inc, as a non-profit organization, is dedicated to procuring and delivering domestic water to its customers and stockholders within its service area. This mission is at the heart of its operations, ensuring that the over 11,500 members within its jurisdiction have reliable access to this essential resource. The company's activities are focused on the procurement and distribution of water, ensuring that it meets the needs of its community in a responsible and sustainable manner. By delivering water to its members, Oildale Mutual Water Company Inc is not just meeting a basic need, but also contributing to the health, safety, and well-being of the communities it serves.
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Impact
October, 2024
Oildale Mutual Water Company Inc plays a crucial role in providing essential domestic water services to approximately 11,500 members in Oildale, California. By procuring and delivering water, the company ensures access to this vital resource for residents and stockholders within its service area. The company’s operations contribute significantly to the community's public benefit, supporting health, safety, and quality of life for its members. In a region where reliable water access is essential, Oildale Mutual Water Company's commitment to its mission is fundamental for sustainable living and community well-being. Through its services, it helps maintain the infrastructure necessary for domestic water supply, ultimately fostering a more resilient and supportive community environment.
This information is meant to be a general summary of Oildale Mutual Water Company Inc. 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 2024.
- Investment Income: $363,479
- Program Service Revenue: $10,476,825
- Gross Receipts: $11,267,619
Assets and Liabilities:
- Total Assets: $47,332,418
- Total Liabilities: $18,069,175
- Net Assets: $29,263,243
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WATER ASSESSMENTS
Revenue
$10,476,825
Organization Details
Founding Year
1919
Principal Officer
Ryan Nunneley
Website
www.oildalewater.comNTEE Category
Code: W80 - Public benefit
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