Southeast Lake Water Company 1109 Norboe Avenue is located in Corcoran, CA. The organization was established in 1962. 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. Southeast Lake Water Company 1109 Norboe Avenue 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 12/2023, Southeast Lake Water Company 1109 Norboe Avenue generated $123.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $109.1k during the year ending 12/2023. While expenses have increased by 3.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE COMPANY MANAGES MEMBERS' WATER RIGHTS ON THE SOUTHEAST LAKE IN CENTRAL CALIFORNIA. MEMBERS ARE ASSESSED TO COVER ALL COSTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Unruh President | 0 | $0 | |
Dominic Sween Vice President | 0 | $0 | |
Erik Hansen Director | 0 | $0 | |
Rodney Silva Director | 0 | $0 | |
Carlo Wilcox Director | 0 | $0 | |
Martin C Garcia Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $123,124 |
Membership dues | $0 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $123,128 |
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 | $8,226 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $100,919 |
Total expenses | $109,145 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $55,671 |
Other assets | $0 |
Total assets | $353,325 |
Total liabilities | $25,683 |
Net assets or fund balances | $327,642 |