Valley Water Company

Organization Overview

Valley Water Company is located in La Canada Flintridge, CA. The organization was established in 1942. 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, Valley Water Company employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley 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 12/2021, Valley Water Company generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 0.6% 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

WATER ACQUISITION AND DISTRIBUTION

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACQUIRED WATER THROUGH ADJUDICATED RIGHTS AND PURCHASED FROM STATE WATER PURVEYOR. MAINTAINED A DISTRIBUTION SYSTEM FOR DELIVERY OF WATER TO 3,500 PLUS MEMBERS IN THE LA CANADA FLINTRIDGE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Bob Fan
General Manager/secretary
$220,034
David B Crocchi
Employee
$118,333
Douglas Sarbaum
Employee
$112,979
Patrick Castenada
Employee
$112,916
Guy D Wells
Employee
$111,368
Donald Voss
Treasurer
$2,220

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$867,933
Investment income $5,005
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 $619,977
Miscellaneous Revenue$0
Total Revenue $1,508,360

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