Overview
What is Rancho Estates Mutual Water Company?
Rancho Estates Mutual Water Company is a specialized organization that primarily serves its shareholders by providing them with clean and potable water. This essential service is offered at cost, ensuring affordability for its members. The company's mission is deeply rooted in ensuring the availability of usable water, thereby enhancing the quality of life for its shareholders. The company's primary activity revolves around the supply of this vital resource, making it an indispensable part of the local community.
Is Rancho Estates Mutual Water Company legitimate?
Rancho Estates Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Rancho Estates 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: $96,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,593
For more financial information, click here
What is the mission statement of Rancho Estates Mutual Water Company?
The Rancho Estates Mutual Water Company's primary mission is centered around providing potable water to its shareholders. This mission is carried out through various means, such as offering water at cost, ensuring the availability of clean and usable water, and consistently striving to meet the water needs of its shareholders. In essence, the company's role is to serve as a reliable water supplier, maintaining the quality and accessibility of water for its shareholders.
Who is the CEO of Rancho Estates Mutual Water Company?
Donald Broomell is the CEO of Rancho Estates Mutual Water Company The CEO's salary of Rancho Estates Mutual Water Company is $0 and their total compensation is $0.
What is the revenue of Rancho Estates Mutual Water Company?
Rancho Estates Mutual Water Company's revenue in 2024 was $976,721.
Who are the executives of Rancho Estates Mutual Water Company and what are their salaries?
The average compensation at Rancho Estates Mutual Water Company during 2024 was $55,296. There are 2 employees at Rancho Estates Mutual Water Company.
Here are 5 key members and their salaries (Rancho Estates Mutual Water Company's CEO's salary is $0 and their total compensation is $0):
- Compensation: $96,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Rancho Estates Mutual Water Company?
Rancho Estates Mutual Water Company's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Rancho Estates Mutual Water Company
Rancho Estates Mutual Water Company, as a mission-driven organization, is dedicated to providing its shareholders with potable water. This essential service is not just a task, but a commitment to ensuring the availability of clean, usable water. The company's primary goal is to sell water at cost to its shareholders, thereby ensuring that they have access to this fundamental resource. The mission of Rancho Estates Mutual Water Company is deeply rooted in its commitment to service, aiming to meet the water needs of its shareholders effectively and efficiently.
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Impact
October, 2024
Rancho Estates Mutual Water Company plays a vital role in ensuring access to clean and potable water for its shareholders in Pauma Valley, California. By focusing on the provision and sale of water at cost, the company addresses the essential needs of its community, maintaining a reliable source of usable water. This commitment to delivering quality water enables residents to meet their everyday needs, promoting public health and enhancing the overall quality of life in the area. With its mission centered on the well-being of its shareholders, Rancho Estates Mutual Water Company contributes significantly to the sustainability and resilience of the local community.
This information is meant to be a general summary of Rancho Estates 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: $9
- Program Service Revenue: $976,712
- Gross Receipts: $976,721
Assets and Liabilities:
- Total Assets: $2,463,636
- Total Liabilities: $57,353
- Net Assets: $2,406,283
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER CHARGES AND REVENUE
Revenue
$404,549
WATER SALES
Revenue
$417,921
WATER SERVICE CHARGES
Revenue
$154,242
Organization Details
Founding Year
1950
Principal Officer
Fritz Stumpges
NTEE Category
Code: Y99 - Mutual benefit
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