Lucerne Valley Mutual Water Company
- Assets
- $189.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lucerne Valley, CA
- Founding
- 04/1969
- Data as of
- 04/2022
- EIN
- 95-6058031
Organization Overview
Lucerne Valley Mutual Water Company is located in Lucerne Valley, CA. The organization was established in 1969. 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. Lucerne Valley Mutual 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 04/2022, Lucerne Valley Mutual Water Company generated $38.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $58.9k during the year ending 04/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
WATER WAS DELIVERED TO SHAREHOLDERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Bedics Director | 0 | $0 | |
Bruce Decker President | 0 | $0 | |
Travis Hite Director | 0 | $0 | |
Gwen Bedics Secretary | 0 | $0 | |
Joseph Hite Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $37,689 |
| Membership dues | $900 |
| Investment income | $84 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,673 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,922 |
| Total expenses | $58,922 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,588 |
| Other assets | $0 |
| Total assets | $189,563 |
| Total liabilities | $0 |
| Net assets or fund balances | $189,563 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oildale Mutual Water Company Oildale, CA | $46,887,728 | $11,045,397 |
Yuma County Water Users Association Yuma, AZ | $40,568,423 | $9,585,922 |
Vaughn Water Co Inc Bakersfield, CA | $46,118,386 | $9,299,624 |
Bellflower-Somerset Mutual Water Company Bellflower, CA | $35,731,555 | $11,058,707 |
La Cumbre Mutual Water Co Santa Barbara, CA | $15,692,771 | $7,727,968 |
Utility Reform Network San Francisco, CA | $8,489,220 | $6,778,643 |
Consolidated Peoples Ditch Company Farmersville, CA | $10,865,739 | $2,504,184 |
Irvine Ranch Water District Water Service Corporation Irvine, CA | $4,965,094 | $10,970,156 |
Sunny Slope Water Company Pasadena, CA | $31,584,980 | $10,112,414 |
Lone Tree Mutual Water Company El Nido, CA | $7,991,525 | $5,694,903 |
Northern California Water Association Sacramento, CA | $3,814,985 | $5,360,961 |
Montebello Land & Water Company Montebello, CA | $27,602,664 | $6,771,352 |