Los Tules Mutual Water Company is located in Warner Springs, CA. The organization was established in 2018. 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. Los Tules 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, Los Tules Mutual Water Company generated $129.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $107.8k during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 5 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Lowe President | 1 | $0 | |
Linda Rehberger Treasurer | 1 | $0 | |
Mike Assoff Secretary | 1 | $0 | |
Larry Petersen Director | 20 | $24,040 | |
Olivia Bantz Director | 1 | $0 | |
David Rehberger Vice President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $93,377 |
| Membership dues | $34,800 |
| Investment income | $1,662 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $129,839 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,481 |
| Professional fees and other payments to independent contractors | $10,059 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $426 |
| Other expenses | $56,792 |
| Total expenses | $107,758 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $271,420 |
| Other assets | $0 |
| Total assets | $377,091 |
| Total liabilities | $71,502 |
| Net assets or fund balances | $305,589 |