Overview
What is Lake Morena Oak Shores Mutual Water Co?
Lake Morena Oak Shores Mutual Water Co is a mutual water company situated in Campo, California. With a dedicated workforce of four individuals, the company's primary objective is to provide water and irrigation services to its shareholders and community members for both residential and commercial use. Operating as a nonprofit entity, it bills its clients on a monthly basis for these essential services, ensuring the sustainability and well-being of the community it serves.
Is Lake Morena Oak Shores Mutual Water Co legitimate?
Lake Morena Oak Shores Mutual Water Co is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lake Morena Oak Shores Mutual Water Co 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: $0
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What is the mission statement of Lake Morena Oak Shores Mutual Water Co?
Lake Morena Oak Shores Mutual Water Company's mission is centered around providing water sales and irrigation services to its shareholders and community members. This service is intended for both residential and commercial purposes. The company operates as a mutual water company, supplying water and irrigation necessities to its members. The utilization of these services is charged to the shareholders on a monthly basis.
What is the revenue of Lake Morena Oak Shores Mutual Water Co?
Lake Morena Oak Shores Mutual Water Co's revenue in 2023 was $100.
Who are the executives of Lake Morena Oak Shores Mutual Water Co and what are their salaries?
The average compensation at Lake Morena Oak Shores Mutual Water Co during 2023 was $19,805. There are 4 employees at Lake Morena Oak Shores Mutual Water Co.
Here are 3 key members and their salaries:
- 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 Lake Morena Oak Shores Mutual Water Co?
Lake Morena Oak Shores Mutual Water Co's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lake Morena Oak Shores Mutual Water Co
Lake Morena Oak Shores Mutual Water Co is dedicated to providing water sales and irrigation services to its shareholders and community members, serving both residential and commercial needs. This mutual water company's mission is centered around supplying and billing its services on a monthly basis, ensuring a reliable source of water for its members. By operating as a mutual water company, Lake Morena Oak Shores Mutual Water Co is committed to meeting the water needs of its community, maintaining a sustainable and efficient water supply system for its shareholders.
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Impact
October, 2024
Lake Morena Oak Shores Mutual Water Co significantly impacts the community by providing essential water and irrigation services to its shareholders and community members in Campo, California. Its mission focuses on ensuring reliable access to water for both residential and business needs, fostering a sustainable environment for local residents. By operating as a mutual water company, it prioritizes the needs of its members, billing for water and irrigation services on a monthly basis, which helps maintain financial stability while supporting the agricultural and residential landscape of the area.
The provision of water services not only supports daily living but also encourages responsible water management, contributing to the broader goal of environmental stewardship. The company’s efforts enhance community resilience, particularly vital during periods of drought or water scarcity. Overall, Lake Morena Oak Shores Mutual Water Co plays a crucial role in sustaining the local economy and promoting public benefit through its dedicated water supply initiatives.
This information is meant to be a general summary of Lake Morena Oak Shores Mutual Water Co. 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 2023.
- Investment Income: $12
- Program Service Revenue: $100
- Gross Receipts: $100
Assets and Liabilities:
- Total Assets: $4,955,484
- Total Liabilities: $1,373,981
- Net Assets: $3,581,503
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAND LEASE INCOME
OTHER INCOME
USDA LOAN ASSESSMENT FEES
WATER USAGE FEES
Revenue
$100
Organization Details
Founding Year
1930
Principal Officer
Karen Russell
NTEE Category
Code: W80 - Public benefit
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