The Farm Mutual Water Company

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

EIN: 953474522 ✦ Wildomar, CA ✦ Designated as a 501(c)(12)

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Overview

What is The Farm Mutual Water Company?

The Farm Mutual Water Company, located at 33383 Millpond Drive, Wildomar, CA 92595, is a mutual water company dedicated to serving its members. With a mission to provide both water and sewer services, this nonprofit organization operates within the community known as The Farm. Employing a team of six individuals, The Farm Mutual Water Company ensures the essential needs of its members are met, contributing to the well-being and comfort of the community it serves.


Official website here: www.thefarmmwc.org

Is The Farm Mutual Water Company legitimate?

The Farm Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. The Farm 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: $39,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $506,154

For more financial information, click here


Official website here: www.thefarmmwc.org

What is the mission statement of The Farm Mutual Water Company?

The Farm Mutual Water Company, functioning as a mutual water company, is dedicated to serving its members by providing them with essential water and sewer services. This mission is at the core of the company's operations, ensuring that it caters to the needs of its members effectively. The company's activities are centered around delivering reliable water and sewer services to its membership base, thereby contributing to their overall comfort and well-being. The services are extended to the community known as The Farm, where the company operates.


Official website here: www.thefarmmwc.org

Who is the CEO of The Farm Mutual Water Company?

Frank Kerrigan is the President of The Farm Mutual Water Company.


Official website here: www.thefarmmwc.org

What is the revenue of The Farm Mutual Water Company?

The Farm Mutual Water Company's revenue in 2022 was $1,555,723.


Official website here: www.thefarmmwc.org

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

The average compensation at The Farm Mutual Water Company during 2022 was $90,859. There are 6 employees at The Farm Mutual Water Company.


Here are 5 key members and their salaries:


Frank Kerrigan (President)
  • Compensation: $7,800
  • Related: $0
  • Other: $0
Bob Kornmann Iii (Director)
  • Compensation: $7,800
  • Related: $0
  • Other: $0
Kevin Anctil (Vice President)
  • Compensation: $7,800
  • Related: $0
  • Other: $0
Janine Tominaga (Secretary)
  • Compensation: $7,800
  • Related: $0
  • Other: $0
David Freiberg (Treasurer)
  • Compensation: $7,800
  • Related: $0
  • Other: $0


Official website here: www.thefarmmwc.org

Where can I find the form 990 for The Farm Mutual Water Company?

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


Official website here: www.thefarmmwc.org

Learn more at the official website: www.thefarmmwc.org

Mission Statement of The Farm Mutual Water Company

The Farm Mutual Water Company, as a mutual water company, is dedicated to serving its members. Their mission is to provide essential water and sewer services to the community they serve, ensuring the well-being and convenience of their members. By operating as a mutual water company, The Farm Mutual Water Company prioritizes the needs of its members, delivering reliable water and sewer services to enhance their daily lives.

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Impact




October, 2024

The Farm Mutual Water Company plays a critical role in providing essential water and sewer services to the community of Wildomar, California, known as The Farm. By focusing on the needs of its members, the company ensures reliable access to these vital resources, which are fundamental for health, sanitation, and overall quality of life. Its mission as a mutual water company emphasizes community well-being, facilitating not only the delivery of water but also maintaining an infrastructure that supports the growth and sustainability of the area. This commitment fosters a sense of community among members, who rely on the cooperative model to secure their water and sewer needs together. Furthermore, the company's operations contribute positively to the environmental management of local water resources, enhancing the public benefit for all residents in the region.




This information is meant to be a general summary of The Farm 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
$1,555,723 (2022)
Expenses
$1,870,805 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,170
  • Program Service Revenue: $1,553,553
  • Gross Receipts: $1,555,723

Assets and Liabilities:

  • Total Assets: $5,188,879
  • Total Liabilities: $923,372
  • Net Assets: $4,265,507

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Programs

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

CONNECTION FEES

Revenue

$9,147

OTHER SERVICE CHARGES

Revenue

$75,109

SEWER SERVICE CHARGES

Revenue

$494,883

WATER SERVICE CHARGES

Revenue

$974,414

Organization Details

Founding Year

1977

Principal Officer

Frank Kerrigan

Main Address

33383 MILLPOND DRIVE, WILDOMAR, CA, 92595

NTEE Category

Code: W80 - Public benefit

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