Averydale Mutual Water Company

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

EIN: 956114459 ✦ Lancaster, CA ✦ Designated as a 501(c)(12)

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Overview

What is Averydale Mutual Water Company?

Averydale Mutual Water Company is a public utilities organization situated in Lancaster, California. Acting as a nonprofit entity, its primary focus is to deliver water services to its shareholders. The company achieves this goal through various program offerings, ensuring a reliable water supply to the local community. As a public utilities organization, Averydale Mutual Water Company contributes to the essential services sector, playing a vital role in the daily lives of its shareholders.

Is Averydale Mutual Water Company legitimate?

Averydale Mutual Water Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Averydale 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: $25,080
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,889

For more financial information, click here

What is the mission statement of Averydale Mutual Water Company?

Averydale Mutual Water Company is dedicated to serving its shareholders by providing them with essential water services. As a public utilities organization, it offers various programs to deliver water effectively. The company's mission is focused on ensuring reliable water supply, maintaining its infrastructure, and meeting the water needs of its customers. It operates with a commitment to quality, sustainability, and customer satisfaction, aiming to provide a dependable water service.

Who is the CEO of Averydale Mutual Water Company?

Anna Riquelme is the Board President of Averydale Mutual Water Company.

What is the revenue of Averydale Mutual Water Company?

Averydale Mutual Water Company's revenue in 2022 was $447,884.

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

The average compensation at Averydale Mutual Water Company during 2022 was $20,662. There are 6 employees at Averydale Mutual Water Company.


Here are 7 key members and their salaries:


Anna Riquelme (Board President)
  • Compensation: $22,230
  • Related: $0
  • Other: $0
Barry Braman (Vice President)
  • Compensation: $650
  • Related: $0
  • Other: $0
Garry Everson (Director)
  • Compensation: $600
  • Related: $0
  • Other: $0
Karen Kayser (Secretary)
  • Compensation: $550
  • Related: $0
  • Other: $0
Annette Hillman (Director)
  • Compensation: $500
  • Related: $0
  • Other: $0
Benjamin Melendez (Director)
  • Compensation: $350
  • Related: $0
  • Other: $0
Daryl Knott (Director)
  • Compensation: $200
  • Related: $0
  • Other: $0
Where can I find the form 990 for Averydale Mutual Water Company?

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

Mission Statement of Averydale Mutual Water Company

Averydale Mutual Water Company is dedicated to delivering water services to its shareholders. As a public utilities organization, it fulfills this mission by offering various program offerings. The company's primary activity is providing water service, ensuring that its stakeholders have reliable access to this essential resource. By operating as a public utilities organization, Averydale Mutual Water Company plays a vital role in meeting the water needs of its community.

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Impact




October, 2024

Averydale Mutual Water Company plays a crucial role in providing reliable water service to the community in Lancaster, CA. By operating as a public utilities organization, it ensures that shareholders have access to essential water resources, supporting both residential and agricultural needs. The company's commitment to its mission underscores the importance of water accessibility and quality, which contributes to the overall well-being and sustainability of the region. Additionally, the focus on shareholder involvement highlights the community-oriented approach of the organization, fostering a sense of shared responsibility and stewardship over local water resources.




This information is meant to be a general summary of Averydale 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
$447,884 (2022)
Expenses
$365,844 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $164
  • Program Service Revenue: $447,720
  • Gross Receipts: $447,884

Assets and Liabilities:

  • Total Assets: $1,107,812
  • Total Liabilities: $0
  • Net Assets: $1,107,812

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Programs

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

Service Fees

Revenue

$447,720

Organization Details

Founding Year

1948

Principal Officer

Anna Riquelme

Main Address

PO Box 191, Lancaster, CA, 93584

NTEE Category

Code: W80 - Public benefit

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