Superior Mutual Water Company

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

EIN: 954482217 ✦ Bakersfield, CA ✦ Designated as a 501(c)(12)

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Overview

What is Superior Mutual Water Company?

Superior Mutual Water Company is a mutual water organization, headquartered in Bakersfield, California, specifically at 300 H Street, ZIP code 93304. Its primary role involves collecting fees from its members for the purpose of covering expenditures required to maintain the mutual water company's operations. The company's core mission is to supply water services to its member base, which resides within its designated service area.

Is Superior Mutual Water Company legitimate?

Superior Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Superior 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 Superior Mutual Water Company?

The Superior Mutual Water Company's primary mission is to offer water services to its members within its operational area. This is achieved by collecting fees from its members to cover the expenses necessary for maintaining the mutual water company. The company's primary objective is to ensure a steady and reliable water supply for its members, thereby fulfilling their essential water needs. The company's operations are geared towards meeting the water requirements of its members while ensuring the long-term sustainability of its water resources.

Who is the CEO of Superior Mutual Water Company?

Steve Rossi is the President of Superior Mutual Water Company.

What is the revenue of Superior Mutual Water Company?

Superior Mutual Water Company's revenue in 2022 was $315,225.

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


Here are 2 key members and their salaries:


Lisa Meyers (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Rossi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Superior Mutual Water Company?

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

Mission Statement of Superior Mutual Water Company

Superior Mutual Water Company, as a mutual water company, is dedicated to providing water service to its members residing within its service area. The organization's primary mission is to collect fees from its members to meet the expenses necessary for maintaining the company's operations. This mutual water company operates with the goal of ensuring a reliable water supply for its members, thereby contributing to their overall well-being and daily needs. The organization's activities are centered around meeting the water requirements of its members, thereby fulfilling its core responsibility as a mutual water company.

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Impact




October, 2024

Superior Mutual Water Company plays a crucial role in ensuring a reliable water supply for its members in Bakersfield, California. By collecting fees from its members, the company effectively manages the financial resources necessary to maintain and improve its water service infrastructure. This focus on providing consistent and safe water service directly contributes to the well-being of the community and supports the daily needs of families and businesses within its service area. The company's commitment to maintaining its operations addresses both immediate water needs and long-term sustainability, enhancing the quality of life for its members and promoting public benefit in the region.




This information is meant to be a general summary of Superior 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
$315,225 (2022)
Expenses
$187,736 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $31,882
  • Program Service Revenue: $278,635
  • Gross Receipts: $315,225

Assets and Liabilities:

  • Total Assets: $5,625,081
  • Total Liabilities: $4,504,199
  • Net Assets: $1,120,882

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Programs

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

MEMBERSHIP DUES & ASSES

Revenue

$278,635

Organization Details

Founding Year

1998

Principal Officer

Steve Rossi

Main Address

300 H Street, Bakersfield, CA, 93304

NTEE Category

Code: W80 - Public benefit

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