Salinas Basin Agricultural Water Association Inc
- Assets
- $2.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salinas, CA
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 82-0937812
Organization Overview
Salinas Basin Agricultural Water Association Inc is located in Salinas, CA. The organization was established in 2018. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salinas Basin Agricultural Water Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Salinas Basin Agricultural Water Association Inc generated $11.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (49.9%) each year. All expenses for the organization totaled $6.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (52.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FUNDED $250,000 OF THE SALINAS VALLEY BASIN GROUNDWATER SUSTAINABILITY AGENCY'S (GSA) START AND OPERATING COSTS IN 2018 FOR THE PURPOSE OF DEVELOPING A GROUNDWATER SUSTAINABILITY PLAN TO BALANCE THE BASIN AQUIFER IN ORDER TO HAVE LASTING AND SIGINIGICANT IMPACT ON LOCAL AGRICULTURE. NO SUCH FUNDING WAS PROVIDED IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Borel Sec/treasurer | 2 | $0 | |
Dennis Sites Director | 2 | $0 | |
Scott Quilty Director | 2 | $0 | |
Norman Groot President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3 |
| Total Revenue | $11,003 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,387 |
| Total expenses | $6,387 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,753 |
| Other assets | $0 |
| Total assets | $2,753 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,753 |
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