Coastlands Mutual Water Co
- Assets
- $455.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Big Sur, CA
- Founding
- 08/1949
- Data as of
- 12/2021
- EIN
- 94-6088296
Organization Overview
Coastlands Mutual Water Co is located in Big Sur, CA. The organization was established in 1949. 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. Coastlands Mutual Water 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, Coastlands Mutual Water Co generated $167.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $199.2k during the year ending 12/2021. 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
ASSOCIATION PROVIDES WATER FOR MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Butch Kronlund President | 5 | $0 | |
Dan Clark Treasurer | 4 | $0 | |
Tim Weiss Member | 2 | $0 | |
Kirk Gafill Secretary | 2 | $0 | |
William Doolittle Member | 2 | $0 | |
Corinne Colen Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $167,057 |
| Investment income | $342 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $167,399 |
| 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 | $27,934 |
| Occupancy, rent, utilities, and maintenance | $127,136 |
| Printing, publications, postage, and shipping | $332 |
| Other expenses | $43,757 |
| Total expenses | $199,159 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $189,902 |
| Other assets | $0 |
| Total assets | $455,728 |
| Total liabilities | $244,919 |
| Net assets or fund balances | $210,809 |
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