Willow Creek Mutual Water Company Inc is located in Willows, CA. The organization was established in 1952. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Willow Creek Mutual Water Company Inc is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 02/2022, Willow Creek Mutual Water Company Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.0m during the year ending 02/2022. While expenses have increased by 4.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE WATER, AT COST, TO THE PRIVATE MUTUAL SHAREHOLDERS OF THE COMPANY FOR THE PURPOSE OF WATERFOWL HABITAT AND IRRIGATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DELIVERED WATER TO 103 CLUBS OVER 6,993 ACRES FOR IRRIGATION, WATERFOWL HABITAT, AND DOMESTIC WATER USES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Brownridge Director | Trustee | 1 | $1,200 |
Julio Delucchi Director | Trustee | 1 | $1,100 |
Craig Smith Director | Trustee | 1 | $1,100 |
Ruth Dwight Director | Trustee | 1 | $1,000 |
Thomas Ben Gordon President | Trustee | 1 | $900 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,258,500 |
Investment income | $10 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,258,510 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $5,300 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $166,591 |
Pension plan accruals and contributions | $8,111 |
Other employee benefits | $0 |
Payroll taxes | $15,537 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,618 |
Fees for services: Accounting | $2,866 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,918 |
Advertising and promotion | $0 |
Office expenses | $4,342 |
Information technology | $123 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $63 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $28,585 |
Insurance | $40,103 |
All other expenses | $129,236 |
Total functional expenses | $1,007,787 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $177,760 |
Savings and temporary cash investments | $412,022 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $26,568 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $20,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $393,180 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,029,530 |
Accounts payable and accrued expenses | $469 |
Grants payable | $0 |
Deferred revenue | $62,457 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $19,701 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $830 |
Total liabilities | $83,457 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $7,112 |
Paid-in or capital surplus, or land, building, or equipment fund | $167 |
Retained earnings, endowment, accumulated income, or other funds | $938,794 |
Total liabilities and net assets/fund balances | $1,029,530 |