Loma Mar Mutual Water & Improvement Co is located in Loma Mar, CA. The organization was established in 1994. 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. Loma Mar Mutual Water & Improvement Co 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 12/2021, Loma Mar Mutual Water & Improvement Co generated $73.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $104.4k during the year ending 12/2021. While expenses have increased by 0.1% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PUMP, TREAT AND DELIVER POTABLE DRINKING WATER TO 36 HOUSEHOLDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Piotr Majewski President | 0.1 | $0 | |
W Hartman-Carr Treasurer | 3.81 | $0 | |
Carron Gomes VP Then Secretary | 0.5 | $0 | |
Paula Russ Director | 0.5 | $0 | |
Helen Hutton Secretary (7 Months) | 0.25 | $0 | |
Kristin Lynn Secretary (interim) | 0.01 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $72,816 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $162 |
Total Revenue | $72,983 |
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 | $24,760 |
Occupancy, rent, utilities, and maintenance | $22,882 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $56,722 |
Total expenses | $104,364 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $32,231 |
Other assets | $0 |
Total assets | $166,969 |
Total liabilities | $4,322 |
Net assets or fund balances | $162,647 |
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