Triple R Mutual Water Company
- Assets
- $313.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springville, CA
- Founding
- 09/1983
- Data as of
- 12/2022
- EIN
- 94-1739825
Organization Overview
Triple R Mutual Water Company is located in Springville, CA. The organization was established in 1983. 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. Triple R Mutual Water Company 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 12/2022, Triple R Mutual Water Company generated $104.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $101.9k during the year ending 12/2022. While expenses have increased by 1.3% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE DELIVERY OF WATER AND UPKEEP OF SYSTEM TO WATER HOLDERS IN A MUTUAL WATER COMPANY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Eaton Vice President | 5 | $0 | |
Toni Dumont Director | 1 | $0 | |
Jan Mckinley President | 20 | $0 | |
Jeremiah Martinez Director | 1 | $0 | |
Gerald Taylor Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $103,994 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,998 |
| 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 | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $101,248 |
| Total expenses | $101,948 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $313,613 |
| Other assets | $0 |
| Total assets | $313,613 |
| Total liabilities | $0 |
| Net assets or fund balances | $313,613 |
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