Casitas Mutual Water Company
- Assets
- $74.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oakview, CA
- Founding
- 05/1937
- Data as of
- 12/2023
- EIN
- 95-6092502
Organization Overview
Casitas Mutual Water Company is located in Oakview, CA. The organization was established in 1937. 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. Casitas 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 12/2023, Casitas Mutual Water Company generated $186.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $209.8k during the year ending 12/2023. While expenses have increased by 19.8% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE CASITAS MUNICIPAL WATER CO SUPPLIES WATER TO 85 HOUSES IN WESTERN VENTURA COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Burch President | 0 | $0 | |
Tom Reed Vice President | 0 | $0 | |
Samuel Baker Director | 3 | $2,700 | |
Jayme Pena Bookkeeper | 20 | $7,150 | |
Kirstie Reed Director | 0 | $0 | |
Shelly Van Aken Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,847 |
| Total Program Service Revenue | $43,307 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $186,156 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,961 |
| Professional fees and other payments to independent contractors | $5,948 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $352 |
| Other expenses | $187,547 |
| Total expenses | $209,808 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,420 |
| Other assets | $0 |
| Total assets | $73,990 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,990 |