Del Norte Water Co

The information for Del Norte Water Co is as of the organization's most recent filing in December '22. This organization is located in Ventura, CA. It has been in existence for 88 years, following its founding in 1934.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Del Norte Water Co's NTEE code is W80. The "W" tells us that the organization is classified under Public & Societal Benefit. The "80" tells us that the organization is involved in providing public utilities, specifically gas, electricity, water, and sanitary services. The NTEE describes Public Utilities as organizations that not only provide these services but also handle the hook-up of services and the installation, maintenance, and repair of necessary equipment. Additionally, the Del Norte Water Co is governed by section 501(c)(12) of the Internal Revenue Code, which includes Benevolent Life Insurance Associations, Mutual Ditch or Irrigation Companies, Mutual or Cooperative Telephone Companies, and Like Organizations.

Program Areas

The maintenance of wells and pipelines for the delivery of water for domestic and agricultural uses is a program area within the general fund. This program area encompasses the reporting of all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Organization Staffing

Del Norte Water Co is run by Steven Scholle, who is the CEO. The organization has 4 employees, none of whom are paid over $100k per year. Additionally, there are no volunteers supporting the staff.

Board Governance

Based on the information provided, it can be concluded that Del Norte Water Co, a non-profit organization, is not well-governed. Several factors contribute to this assessment. Firstly, the organization does not have any independent members on its board, which could potentially lead to biased decision-making and a lack of diverse perspectives. Additionally, the presence of potential conflicts of interest further raises concerns about the organization's governance. Furthermore, the absence of various policies and procedures indicates a lack of transparency and accountability within the organization. Del Norte Water Co does not have a conflict of interest policy, whistleblower policy, document retention policy, or any mechanism to substantiate and review leadership and officer salaries. These policies and procedures are essential for ensuring ethical conduct, preventing fraud, and maintaining public trust in a non-profit organization. Moreover, the organization does not provide copies of the 990, a tax form that provides financial information about the organization, to the board prior to filing. This lack of transparency can hinder the board's ability to fulfill their fiduciary responsibilities and make informed decisions. In conclusion, the governance of Del Norte Water Co is lacking in several key areas. The absence of independent members, policies, and procedures raises concerns about transparency, accountability, and ethical conduct within the organization. It is crucial for the organization to address these deficiencies and implement robust governance practices to ensure the effective and responsible management of its operations.

Organization Growth

Del Norte Water Co, a nonprofit organization, has experienced growth over the given time period. Program Service Revenue increased from $696.2K in 2015 to $1.5M in 2022, indicating a significant growth in the organization's main source of revenue. Other Revenue also saw an increase from $5.9K in 2015 to $17.0K in 2022. Furthermore, the Total Revenue increased from $702.8K in 2015 to $1.5M in 2022. Employee Salaries also witnessed growth, rising from $142.5K in 2015 to $190.4K in 2022. The number of Total Employees also increased from 3 in 2015 to 4 in 2022. However, it is important to note that while the organization's revenue and employee count grew, the Investment Income decreased from $682 in 2015 to $1 in 2022. Despite this decrease, the overall growth in revenue, salaries, and employee count suggests that Del Norte Water Co has grown as a nonprofit organization over the given time period.