Siete Robles Mutual Water Company is located in Ojai, CA. The organization was established in 1941. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Siete Robles 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 06/2024, Siete Robles Mutual Water Company generated $82.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $113.0k during the year ending 06/2024. While expenses have increased by 1.6% per year over the past 8 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE WATER TO SIETE ROBLES MUTUAL WATER COMPANY'S 97 SHAREHOLDERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Gerard President | 1 | $0 | |
Dennis Foster Board Member | 0.5 | $0 | |
Dan Breen Board Member | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $124 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $82,600 |
Total Revenue | $82,724 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $902 |
Professional fees and other payments to independent contractors | $20,414 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $91,715 |
Total expenses | $113,031 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $120,845 |
Other assets | $0 |
Total assets | $177,026 |
Total liabilities | $1,503 |
Net assets or fund balances | $175,523 |