Overview
What is Pine Hills Mutual Water Company?
Pine Hills Mutual Water Company is a nonprofit organization primarily focused on providing water services to its shareholders. Based on the information provided, their mission is to distribute water for various beneficial uses, such as drinking, irrigation, or industrial purposes, without seeking profit. The company ensures that its stockholders have a consistent water supply and invests in upgrading and improving water distribution equipment to maintain and enhance their services. In summary, Pine Hills Mutual Water Company is dedicated to fulfilling the water needs of its shareholders efficiently and effectively.
Is Pine Hills Mutual Water Company legitimate?
Pine Hills Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Pine Hills 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: $113,580
For more financial information, click here
What is the mission statement of Pine Hills Mutual Water Company?
Pine Hills Mutual Water Company's mission is to provide water, without earning a profit, solely to its shareholders. The company serves this purpose by furnishing, supplying, and distributing water for various beneficial uses. In addition, they maintain a reserve of standby water for their shareholders and continuously work on upgrading and improving their water distribution equipment.
What is the revenue of Pine Hills Mutual Water Company?
Pine Hills Mutual Water Company's revenue in 2024 was $324,201.
Who are the executives of Pine Hills Mutual Water Company and what are their salaries?
The average compensation at Pine Hills Mutual Water Company during 2024 was $37,860. There are 3 employees at Pine Hills Mutual Water Company.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pine Hills Mutual Water Company?
Pine Hills Mutual Water Company's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Pine Hills Mutual Water Company
Pine Hills Mutual Water Company, a nonprofit organization, is dedicated to providing water for various beneficial uses to its stockholders, without seeking profit. Its mission is centered around furnishing, supplying, and distributing water to its shareholders exclusively. The company ensures a backup water supply for its stockholders and consistently works on upgrading and improving its water distribution equipment to cater to their needs effectively.
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Impact
October, 2024
Pine Hills Mutual Water Company plays a crucial role in supplying and distributing water to its stockholders in Julian, California, ensuring access to this vital resource for various beneficial uses. By focusing on the needs of its community members, the company maintains a reliable supply of standby water, which is essential for sustainability, especially in times of scarcity. Its commitment to upgrading and improving water distribution equipment enhances the efficiency and reliability of the service provided, ultimately contributing to the well-being of the local population. Through its dedicated efforts, Pine Hills Mutual Water Company supports the community's water needs while fostering a sense of mutual benefit among its shareholders.
This information is meant to be a general summary of Pine Hills 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 2024.
- Investment Income: $7,980
- Program Service Revenue: $286,544
- Gross Receipts: $324,201
Assets and Liabilities:
- Total Assets: $2,288,475
- Total Liabilities: $1,125,771
- Net Assets: $1,162,704
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Special Assessments
Revenue
$128,036
Stock Transfer Fees
Revenue
$700
Water Revenue
Revenue
$156,936
Water Revenue Late Fees
Revenue
$872
Organization Details
Founding Year
1921
Principal Officer
Mike Madigan
NTEE Category
Code: Y99 - Mutual benefit
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