Solano Verde Mutual Water Company

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

EIN: 953886833 ✦ Camarillo, CA ✦ Designated as a 501(c)(12)

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Overview

What is Solano Verde Mutual Water Company?

Solano Verde Mutual Water Company is a public utility located in Camarillo, California, serving as a community provider. The company's primary goal is to ensure an adequate water supply for its member shareholders. As a public utility, it operates with the objective of catering to the water needs of its community, emphasizing its commitment to its members.

Is Solano Verde Mutual Water Company legitimate?

Solano Verde Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Solano Verde 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: $0

For more financial information, click here

What is the mission statement of Solano Verde Mutual Water Company?

Solano Verde Mutual Water Company, as a public utility, is committed to serving its community and member shareholders. Its mission is fundamentally focused on providing them with essential water resources. This organization strives to ensure a reliable and consistent water supply, meeting the needs of its community members. By fulfilling this mission, Solano Verde Mutual Water Company contributes to the well-being and daily lives of its members, making a significant impact in their community.

Who is the CEO of Solano Verde Mutual Water Company?

Steve Sharpe is the President of Solano Verde Mutual Water Company.

What is the revenue of Solano Verde Mutual Water Company?

Solano Verde Mutual Water Company's revenue in 2022 was $731,103.

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

There 4 volunteers at Solano Verde Mutual Water Company.


Here are 4 key members and their salaries:


Kenneth Aslan (Vp & Treasur)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amarinder Grewal (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guillermo Infante (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Sharpe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Solano Verde Mutual Water Company?

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

Mission Statement of Solano Verde Mutual Water Company

Solano Verde Mutual Water Company, as a public utility, is dedicated to serving its community and member shareholders by providing them with essential water resources. The organization's mission is centered around ensuring a steady supply of water, acting as a vital resource for the community it serves. The company's primary objective is to maintain and manage water resources in a manner that benefits its community members, upholding the principle of equitable water distribution.

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Impact




October, 2024

Solano Verde Mutual Water Company plays a crucial role in ensuring the availability and sustainability of water for the community and its member shareholders in Camarillo, CA. By providing reliable water supply, it supports both residential needs and regional development. The company prioritizes the maintenance and improvement of water infrastructure, which contributes to the overall health and well-being of the local population. This utility not only facilitates access to essential resources but also promotes environmental stewardship through responsible water management practices. Overall, its impact can be seen in enhanced quality of life and community resilience in the face of changing environmental conditions.




This information is meant to be a general summary of Solano Verde 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
$731,103 (2022)
Expenses
$859,567 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7
  • Program Service Revenue: $731,096
  • Gross Receipts: $731,103

Assets and Liabilities:

  • Total Assets: $1,776,829
  • Total Liabilities: $4,488
  • Net Assets: $1,772,341

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Programs

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

WATER SALES

Revenue

$625,708

SERVICE AVAILABILITY FEES

Revenue

$84,229

LITIGATION FEES REIMBURSED

Revenue

$18,240

MISCELLANEOUS FEES

Revenue

$2,806

INTEREST ASSESSMENTS A/R

Revenue

$113

Organization Details

Founding Year

1987

Principal Officer

Steve Sharpe

Main Address

79 E DAILY DRIVE 296, CAMARILLO, CA, 93010

NTEE Category

Code: W80 - Public benefit

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