Nyeland Acres Mutual Water Company

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

EIN: 951594531 ✦ Oxnard, CA ✦ Designated as a 501(c)(12)

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Overview

What is Nyeland Acres Mutual Water Company?

Nyeland Acres Mutual Water Company, established in 1948, is a cooperative organization based in Oxnard, California. With a PO Box 56031 address, its primary mission is to deliver potable water to its members for domestic use. Operating as a mutual water company, the organization functions on a membership model, where members pay fees to cover the costs associated with the extraction and distribution of water from the company's wells and pipelines. The company, employing a small team of five individuals, has been serving the community for over seven decades, ensuring a reliable water supply for its members.


Official website here: www.dina ontiveras cell (805)452-6378

Is Nyeland Acres Mutual Water Company legitimate?

Nyeland Acres Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Nyeland Acres 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: $5,720
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,476

For more financial information, click here


Official website here: www.dina ontiveras cell (805)452-6378

What is the mission statement of Nyeland Acres Mutual Water Company?

The Nyeland Acres Mutual Water Company, established in 1948, functions as a cooperative domestic water provider. Its members pay fees to cover the expenses associated with delivering water obtained from the company's wells and pipelines. The primary mission of this company is to sell and distribute potable water to its members for domestic use. This mutual water company is dedicated to ensuring the consistent delivery of clean water for the daily needs and well-being of its members.


Official website here: www.dina ontiveras cell (805)452-6378

What is the revenue of Nyeland Acres Mutual Water Company?

Nyeland Acres Mutual Water Company's revenue in 2023 was $201,442.


Official website here: www.dina ontiveras cell (805)452-6378

Who are the executives of Nyeland Acres Mutual Water Company and what are their salaries?

The average compensation at Nyeland Acres Mutual Water Company during 2023 was $7,839. There are 5 employees at Nyeland Acres Mutual Water Company.

Here are 8 key members and their salaries:


Dina Ontiveras (President)
  • Compensation: $5,010
  • Related: $0
  • Other: $0
David Souza (Vice President)
  • Compensation: $710
  • Related: $0
  • Other: $0
Eddie Bazaldua (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Amaro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maricela Lopez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Wedemeyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margarita Maggie Rico (Alternative Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dina ontiveras cell (805)452-6378

Where can I find the form 990 for Nyeland Acres Mutual Water Company?

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


Official website here: www.dina ontiveras cell (805)452-6378

Learn more at the official website: www.dina ontiveras cell (805)452-6378

Mission Statement of Nyeland Acres Mutual Water Company

Nyeland Acres Mutual Water Company, established in 1948, was formed as a cooperative domestic water provider. Its mission is centered around delivering potable water to its members for domestic use. Members pay fees to cover the expenses associated with sourcing water from the company's wells and pipelines. In essence, Nyeland Acres Mutual Water Company serves as a utility, ensuring a reliable supply of clean water for its member households.

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Impact




October, 2024

Nyeland Acres Mutual Water Company plays a crucial role in providing access to potable water for its members in Oxnard, California. Established in 1948, it operates as a cooperative, ensuring that community members can rely on consistent and safe water delivery from its wells and pipelines. By charging fees that are solely dedicated to covering the operational costs associated with water delivery, the company directly addresses the domestic water needs of its community. This model not only fosters collective ownership and responsibility among members but also reinforces the importance of sustainable water management in the region. The company's ongoing commitment to effective water service enhances the quality of life for its residents and supports public health within the community.




This information is meant to be a general summary of Nyeland Acres 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
$201,442 (2023)
Expenses
$199,961 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $392
  • Program Service Revenue: $193,493
  • Gross Receipts: $201,442

Assets and Liabilities:

  • Total Assets: $665,635
  • Total Liabilities: $21,105
  • Net Assets: $644,530

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Programs

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

WATER SALES

Revenue

$193,493

Organization Details

Founding Year

1948

Principal Officer

Dina Ontiveras

NTEE Category

Code: W80 - Public benefit

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