Guadalasca Mutual Water Company

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

EIN: 952771358 ✦ Oxnard, CA ✦ Designated as a 501(c)(12)

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Overview

What is Guadalasca Mutual Water Company?

Guadalasca Mutual Water Company, located in Oxnard, California, was established with the primary objective of supplying irrigation water to its member ranches. The company generates income primarily from collecting membership fees to cover its operational expenses. Its mission is centered around delivering water to its stockholders at a reasonable cost. The company's activities are geared towards meeting the water needs of its members, ensuring a reliable water supply for their agricultural operations.

Is Guadalasca Mutual Water Company legitimate?

Guadalasca Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Guadalasca 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: $37,698

For more financial information, click here

What is the mission statement of Guadalasca Mutual Water Company?

The Guadalasca Mutual Water Company, established with the primary objective, operates with the purpose of delivering water to its shareholders at an affordable cost. The company's mission is centered around providing irrigation water for its member ranches, ensuring that the revenue collected from the members is utilized to cover the expenses effectively. The core focus of the organization is to ensure the reliable delivery of water to its stockholders at a reasonable cost.

Who is the CEO of Guadalasca Mutual Water Company?

John A Broome is the President of Guadalasca Mutual Water Company.

What is the revenue of Guadalasca Mutual Water Company?

Guadalasca Mutual Water Company's revenue in 2022 was $1,433,701.

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


Here are 4 key members and their salaries:


John A Broome (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wally Rutledge (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshall Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dolores Mota (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Guadalasca Mutual Water Company?

Guadalasca Mutual Water Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Guadalasca Mutual Water Company

Guadalasca Mutual Water Company was established with a specific purpose in mind: to deliver water to its stockholders at an affordable cost. This mission is at the heart of the organization's operations, ensuring that its services are accessible and reasonably priced for its members. Originally formed to provide irrigation water for member ranches, the company's mission has evolved to include meeting the water needs of its stockholders, generating its income primarily from the fees collected from these members to cover its expenses.

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Impact




October, 2024

Guadalasca Mutual Water Company plays a crucial role in the agricultural community of Oxnard, California, by providing essential irrigation water to member ranches. This service supports local agriculture, ensuring that ranchers have access to water at cost-effective rates, which is vital for maintaining crop production and farm sustainability. The cooperative structure fosters a sense of community among stockholders, who collectively benefit from reduced water costs, contributing to the overall economic vitality of the region. By addressing the water needs of its members, Guadalasca Mutual Water Company not only helps secure food production but also supports the local economy and agricultural heritage.




This information is meant to be a general summary of Guadalasca 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
$1,433,701 (2022)
Expenses
$1,534,297 (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: $1,433,701
  • Gross Receipts: $1,433,701

Assets and Liabilities:

  • Total Assets: $1,001,860
  • Total Liabilities: $0
  • Net Assets: $1,001,860

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Programs

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

WATER SALES

Revenue

$1,425,905

REIMBURSED EXPENSE

Revenue

$6,996

CA TAX REFUND

Revenue

$800

Organization Details

Founding Year

1972

Principal Officer

John A Broome

Main Address

1 CARYL DRIVE, OXNARD, CA, 93033

NTEE Category

Code: K20 - Food

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