Rio Manor Mutual Water Company

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

EIN: 951707384 ✦ Oxanrd, CA ✦ Designated as a 501(c)(12)

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Overview

What is Rio Manor Mutual Water Company?

Rio Manor Mutual Water Company is a public utility situated in Oxnard, California. Its primary objective is to provide water services to its shareholders, ensuring their hydration needs are met. As a utility company, it plays a crucial role in maintaining the water supply for its community, demonstrating a commitment to sustaining the well-being of its clientele.

Is Rio Manor Mutual Water Company legitimate?

Rio Manor Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rio Manor 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: $10,900

For more financial information, click here

What is the mission statement of Rio Manor Mutual Water Company?

The Rio Manor Mutual Water Company, functioning as a public utility, has a mission to supply water to its shareholders. This mission is centered around ensuring an adequate water supply for the company's stakeholders, without providing specific details about its location or any additional context. The company's primary focus is on delivering water to its shareholders, aligning its operations and goals towards meeting this objective.

What is the revenue of Rio Manor Mutual Water Company?

Rio Manor Mutual Water Company's revenue in 2024 was $342,642.

Who are the executives of Rio Manor Mutual Water Company and what are their salaries?

The average compensation at Rio Manor Mutual Water Company during 2024 was $1,817. There are 6 employees at Rio Manor Mutual Water Company.

Here are 4 key members and their salaries:


Ross Peterson (President)
  • Compensation: $5,900
  • Related: $0
  • Other: $0
Mario Riley (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
David Perlmutter (Secretary)
  • Compensation: $800
  • Related: $0
  • Other: $0
Javier Godinez (Treasurer)
  • Compensation: $400
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rio Manor Mutual Water Company?

Rio Manor Mutual Water Company's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Rio Manor Mutual Water Company

Rio Manor Mutual Water Company, as a public utility, is dedicated to serving its shareholders by providing them with essential water resources. The organization's mission is centered around this fundamental goal, ensuring that it delivers water reliably and effectively to its constituents. By focusing on water provision, Rio Manor Mutual Water Company plays a crucial role in maintaining the well-being and daily needs of its shareholders.

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Impact




October, 2024

Rio Manor Mutual Water Company plays a crucial role in ensuring the availability of water for its shareholders in Oxnard, CA. By functioning as a public utility, it addresses the essential need for a reliable water supply, which is vital for both residential life and local agriculture. The company's commitment to providing water contributes to the overall well-being of the community, supporting daily activities, hygiene, and public health. Its operation also supports sustainable water management practices, fostering long-term ecological balance and resource conservation. Ultimately, Rio Manor Mutual Water Company serves as a backbone for the local ecosystem and economy, impacting the quality of life for its shareholders and the wider Oxnard community.




This information is meant to be a general summary of Rio Manor 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
$342,642 (2024)
Expenses
$276,226 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $8
  • Program Service Revenue: $342,634
  • Gross Receipts: $342,642

Assets and Liabilities:

  • Total Assets: $852,062
  • Total Liabilities: $369,267
  • Net Assets: $482,795

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Programs

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

PROVIDE WATER TO SHAREHOLDERS

Revenue

$342,634

Organization Details

Principal Officer

Ross Peterson

NTEE Category

Code: W80 - Public benefit

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