Spanish Lakes Mutual Water Company

Organization Overview

Spanish Lakes Mutual Water Company is located in Atascadero, CA. The organization was established in 2006. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spanish Lakes 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 12/2022, Spanish Lakes Mutual Water Company generated $83.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $73.1k during the year ending 12/2022. While expenses have increased by 5.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MANAGE AND OPERATE A MUTUAL WATER COMPANY FOR THE BENEFIT OF THE PROPERTY OWNERS OF THE SPANISH LAKES RESIDENTIAL COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MANAGE AND OPERATE A MUTUAL WATER COMPANY FOR THE BENEFIT OF THE PROPERTY OWNERS OF THE SPANISH LAKES RESIDENTIAL COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Bob Fair
President
$0
Craig Thomas
Treasurer
$0
Jim Hagen
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$83,582
Investment income $222
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $83,804

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