Midway City Mutual Water Co

Organization Overview

Midway City Mutual Water Co is located in Westminster, CA. The organization was established in 2011. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 06/2022, Midway City Mutual Water Co employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midway City 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 06/2022, Midway City Mutual Water Co generated $250.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $302.0k during the year ending 06/2022. While expenses have increased by 11.2% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE CLEAN SAFE WATER TO THE HOMEOWNERS OF THE MIDWAY CITY MUTUAL WATER COMPANY

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MIDWAY CITY MUTUAL COMPANY PROVIDES WATER SERVICE TO ITS MEMBERS


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Board, Officers & Key Employees

Name (title)Compensation
Heather Sterling
Vice President/secretary
$0
Joe Smith
President
$0
John Verhaar
Treasurer
$0

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$249,891
Investment income $17
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $250,599

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