Overview
What is Walnut Park Mutual Water Company?
Walnut Park Mutual Water Company is a nonprofit organization primarily focused on providing water services to its members. To achieve this, they collect membership dues and assessments as their primary source of funding. The company's mission is centered around ensuring reliable water service for its members, thereby contributing to their overall well-being. Despite not having explicit details about additional programs or initiatives, the organization's primary focus on water service delivery is evident from the information provided.
Is Walnut Park Mutual Water Company legitimate?
Walnut Park Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Walnut Park 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: $444,839
For more financial information, click here
What is the mission statement of Walnut Park Mutual Water Company?
The Walnut Park Mutual Water Company's primary objective is to collect membership dues and assessments. This revenue is utilized to deliver essential water services to its member base. The company's mission, therefore, can be interpreted as ensuring a reliable water supply for its members, facilitated through the collection of membership fees. This service provision is a key part of maintaining the community's well-being and daily life.
Who is the CEO of Walnut Park Mutual Water Company?
Mike R Gomez is the Secretary of Walnut Park Mutual Water Company.
What is the revenue of Walnut Park Mutual Water Company?
Walnut Park Mutual Water Company's revenue in 2021 was $1,914,949.
Who are the executives of Walnut Park Mutual Water Company and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $10,200
- Related: $0
- Other: $0
- Compensation: $10,200
- Related: $0
- Other: $0
- Compensation: $42,660
- Related: $0
- Other: $0
- Compensation: $28,900
- Related: $0
- Other: $0
- Compensation: $100,733
- Related: $0
- Other: $0
Where can I find the form 990 for Walnut Park Mutual Water Company?
Walnut Park Mutual Water Company's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Walnut Park Mutual Water Company
Walnut Park Mutual Water Company's mission is centered around providing essential water services to its members. To achieve this goal, the organization collects membership dues and assessments. This financial contribution from its members enables the company to deliver water services effectively, ensuring a reliable water supply for its members' daily needs. By focusing on this core mission, Walnut Park Mutual Water Company plays a vital role in ensuring the well-being and comfort of its members, reinforcing its commitment to its community.
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Impact
October, 2024
Walnut Park Mutual Water Company significantly contributes to the community by ensuring reliable water service for its members in Huntington Park, California. Through the collection of membership dues and assessments, the company is able to maintain and provide essential water services, which is critical for the health and wellbeing of the community. This structured financial model allows for the sustainable management of water resources, directly supporting public benefit and enhancing the quality of life for residents. By prioritizing access to clean and safe water, Walnut Park Mutual Water Company plays a vital role in fostering a resilient and interconnected community.
This information is meant to be a general summary of Walnut Park 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 2021.
- Investment Income: $1,000
- Program Service Revenue: $1,892,120
- Gross Receipts: $1,924,370
Assets and Liabilities:
- Total Assets: $7,671,135
- Total Liabilities: $151,054
- Net Assets: $7,520,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES AND AS
Revenue
$1,883,730
METER REVENUE
Revenue
$5,604
MISCELLANEOUS
Revenue
$2,786
Organization Details
Founding Year
1914
Phone
(323) 585-7321Principal Officer
Mike R Gomez
Main Address
2460 E FLORENCE AVENUE, HUNTINGTON PARK, CA, 90255
NTEE Category
Code: W80 - Public benefit
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