The Gage Canal Company

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

EIN: 951643230 ✦ Riverside, CA ✦ Designated as a 501(c)(12)

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Overview

What is The Gage Canal Company?

The Gage Canal Water Company is a nonprofit organization situated in Riverside, California, specifically at 7452 Dufferin Ave, CA 92504. Their primary mission is to supply water to their shareholders in an efficient and economical manner, operating as a not-for-profit business. This mission is carried out by a workforce of 17 individuals.


Official website here: www.gagecanal.com

Is The Gage Canal Company legitimate?

The Gage Canal Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. The Gage Canal 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: $293,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $938,397

For more financial information, click here


Official website here: www.gagecanal.com

What is the mission statement of The Gage Canal Company?

The Gage Canal Company's mission is centered around providing water to its shareholders in an efficient and cost-effective manner, operating as a not-for-profit business. This organization is dedicated to ensuring that it meets the water needs of its stakeholders while maintaining financial prudence.


Official website here: www.gagecanal.com

Who is the CEO of The Gage Canal Company?

Eric Johnson is the General Manager of The Gage Canal Company.


Official website here: www.gagecanal.com

What is the revenue of The Gage Canal Company?

The Gage Canal Company's revenue in 2022 was $3,622,871.


Official website here: www.gagecanal.com

Who are the executives of The Gage Canal Company and what are their salaries?

The average compensation at The Gage Canal Company during 2022 was $72,458. There are 17 employees at The Gage Canal Company.


Here are 13 key members and their salaries:


Benjamin Alms (General Manager)
  • Compensation: $145,708
  • Related: $0
  • Other: $21,189
Jose Zambrano (Canal Foreman)
  • Compensation: $103,520
  • Related: $0
  • Other: $19,976
Eric Johnson (President)
  • Compensation: $630
  • Related: $0
  • Other: $0
Michael Salomon (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Gless (Treasurer)
  • Compensation: $570
  • Related: $0
  • Other: $0
Chris Macarthur (Director)
  • Compensation: $600
  • Related: $0
  • Other: $0
Joel Garcia (Director)
  • Compensation: $480
  • Related: $0
  • Other: $0
Antonio Ayon (Director)
  • Compensation: $420
  • Related: $0
  • Other: $0
Peggy Mauk (Director)
  • Compensation: $300
  • Related: $0
  • Other: $0
Peter Wohlgemuth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Pongs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Melendez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Corbin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gagecanal.com

Where can I find the form 990 for The Gage Canal Company?

The Gage Canal Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gagecanal.com

Learn more at the official website: www.gagecanal.com

Mission Statement of The Gage Canal Company

The Gage Canal Water Company, as a not-for-profit enterprise, is dedicated to fulfilling its mission of supplying water to its shareholders efficiently and economically. This mission is carried out with a primary focus on ensuring the company operates as a business, while prioritizing the needs of its shareholders. The company's goal is to deliver water in a cost-effective manner, demonstrating its commitment to providing a valuable resource while operating within a financially responsible framework.

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Impact




October, 2024

The Gage Canal Company plays a crucial role in ensuring sustainable water access for its shareholders in Riverside, CA. By prioritizing efficient and cost-effective water delivery, the company supports agricultural practices and local food production, which are vital for the community's economy and food security. The organization’s commitment to providing reliable water resources fosters a stable environment for agriculture, benefiting farmers and residents alike. This impact extends beyond immediate water delivery; it bolsters the local economy, sustains livelihoods, and promotes responsible water use in a region that may face challenges related to water scarcity. Overall, The Gage Canal Company significantly contributes to the well-being and resilience of the community it serves.




This information is meant to be a general summary of The Gage Canal 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
$3,622,871 (2022)
Expenses
$3,898,279 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $3,599,059
  • Gross Receipts: $3,622,871

Assets and Liabilities:

  • Total Assets: $3,486,217
  • Total Liabilities: $237,422
  • Net Assets: $3,248,795

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Programs

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

STOCK ASSESSMENT

Revenue

$2,883,354

FLOWAGE CONTRACT REIMB

Revenue

$399,173

WATER SALES

Revenue

$305,912

BILLING FEES

Revenue

$5,695

STOCK TRANSFER FEES

Revenue

$4,925

Organization Details

Founding Year

1890

Principal Officer

Eric Johnson

Main Address

7452 DUFFERIN AVE, RIVERSIDE, CA, 92504

NTEE Category

Code: K20 - Food

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