La Cumbre Mutual Water Co

Organization Overview

La Cumbre Mutual Water Co is located in Santa Barbara, CA. The organization was established in 1936. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, LA Cumbre Mutual Water Co employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Cumbre 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, LA Cumbre Mutual Water Co generated $7.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $6.9m during the year ending 12/2021. While expenses have increased by 8.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MUTUAL WATER COMPANY

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION AND MAINTENANCE OF WATER UTILITY PLANT & DISTRIBUTION SYSTEM TO SERVICE APPROX 1500 CUSTOMERS.


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Board, Officers & Key Employees

Name (title)Compensation
Mike Alvarado
General Manager
$199,360
Jeff Dameron
Admin Manager
$161,501
Scott Trochman
Foreman
$117,942
Chris Alvarado
Distribution Mgr
$101,920
Alex Rodriguez
President
$3,850
Marc Russo
Vice President
$2,200

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lash Construction
Construction Contractor
$497,518
Tierra Contracting Inc
Land Imp'r Contractor
$127,087
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$7,643,716
Investment income $2,025
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $106,349
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,727,968

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