Canyon Crest Mutual Benefit Water Company is located in Arroyo Grande, CA. The organization was established in 2004. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canyon Crest Mutual Benefit 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 12/2022, Canyon Crest Mutual Benefit Water Company generated $149.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $138.3k during the year ending 12/2022. 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
TO PROVIDE WATER AND SEPTIC TANK FIELD SERVICES TO A 54 MEMBER HOMEOWNER DEVELOPMENT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jody Venema Vice President | 10 | $0 | |
Paul Porter Treasurer | 15 | $0 | |
Jim Donati President | 15 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $70,001 |
| Membership dues | $67,716 |
| Investment income | $1,122 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,195 |
| Total Revenue | $149,034 |
| 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 | $4,993 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $388 |
| Other expenses | $132,902 |
| Total expenses | $138,283 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159,813 |
| Other assets | $0 |
| Total assets | $242,768 |
| Total liabilities | $7,931 |
| Net assets or fund balances | $234,837 |