Sunrise Shore Mutual Water Company
- Assets
- $414.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lower Lake, CA
- Founding
- 08/1974
- Data as of
- 05/2022
- EIN
- 94-6087210
Organization Overview
Sunrise Shore Mutual Water Company is located in Lower Lake, CA. The organization was established in 1974. 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. Sunrise Shore 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 05/2022, Sunrise Shore Mutual Water Company generated $64.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $62.6k during the year ending 05/2022. While expenses have increased by 7.3% 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE TREATED WATER TO HOMES IN SUNRISE SHORE SUBDIVISION 1.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Bisson President | 4 | $0 | |
Don Mintz Secretary | 0.5 | $0 | |
Greg Perkins Director | 2 | $0 | |
Deb Sally Vice President | 0.2 | $0 | |
Adrianne Lee Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,379 |
| Total Program Service Revenue | $0 |
| Membership dues | $48,387 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $150 |
| Total Revenue | $64,916 |
| 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 | $6,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $62 |
| Other expenses | $56,108 |
| Total expenses | $62,570 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,680 |
| Other assets | $0 |
| Total assets | $414,093 |
| Total liabilities | $109,076 |
| Net assets or fund balances | $305,017 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oildale Mutual Water Company Oildale, CA | $46,887,728 | $11,045,397 |
Yuma County Water Users Association Yuma, AZ | $40,568,423 | $9,585,922 |
Vaughn Water Co Inc Bakersfield, CA | $46,118,386 | $9,299,624 |
Bellflower-Somerset Mutual Water Company Bellflower, CA | $35,731,555 | $11,058,707 |
La Cumbre Mutual Water Co Santa Barbara, CA | $15,692,771 | $7,727,968 |
Utility Reform Network San Francisco, CA | $8,489,220 | $6,778,643 |
Consolidated Peoples Ditch Company Farmersville, CA | $10,865,739 | $2,504,184 |
Irvine Ranch Water District Water Service Corporation Irvine, CA | $4,965,094 | $10,970,156 |
Sunny Slope Water Company Pasadena, CA | $31,584,980 | $10,112,414 |
Lone Tree Mutual Water Company El Nido, CA | $7,991,525 | $5,694,903 |
Northern California Water Association Sacramento, CA | $3,814,985 | $5,360,961 |
Montebello Land & Water Company Montebello, CA | $27,602,664 | $6,771,352 |