Gabilan Water Company
- Assets
- $159.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salinas, CA
- Founding
- 08/1977
- Data as of
- 01/2024
- EIN
- 94-1372612
Organization Overview
Gabilan Water Company is located in Salinas, CA. The organization was established in 1977. 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. Gabilan 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 01/2024, Gabilan Water Company generated $100.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $128.0k during the year ending 01/2024. While expenses have increased by 9.0% 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDING WELL WATER TO PROPERTY OWNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alejandro Ramirez President | 5 | $0 | |
Renee Garner Secretary | 50 | $0 | |
Jose Gaitan Sargent At Arms | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $100,870 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,870 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,400 |
| Professional fees and other payments to independent contractors | $13,271 |
| Occupancy, rent, utilities, and maintenance | $83,909 |
| Printing, publications, postage, and shipping | $698 |
| Other expenses | $18,688 |
| Total expenses | $127,966 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,594 |
| Other assets | $0 |
| Total assets | $159,679 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,679 |