Partington Mutual Water Company
- Assets
- $225.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Big Sur, CA
- Founding
- 10/2000
- Data as of
- 12/2022
- EIN
- 94-1644755
Organization Overview
Partington Mutual Water Company is located in Big Sur, CA. The organization was established in 2000. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partington 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, Partington Mutual Water Company generated $69.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $64.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 years. 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
MAINTAIN RURAL WATER SYSTEM USED IN COMMON BY 25 MEMBERS; MAINTAIN 2 MILES RURAL ROAD SYSTEM USED IN COMMON BY 25 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Finley President | 3 | $0 | |
Justin Esayian Secretary | 3 | $0 | |
Kate Healey Vice President | 1 | $0 | |
Mary Ann Vasconcellos Treasurer | 2 | $0 | |
Martin Hubback Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $68,975 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,988 |
| 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 | $31,490 |
| Occupancy, rent, utilities, and maintenance | $16,607 |
| Printing, publications, postage, and shipping | $182 |
| Other expenses | $15,998 |
| Total expenses | $64,277 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $201,679 |
| Other assets | $0 |
| Total assets | $225,707 |
| Total liabilities | $26,570 |
| Net assets or fund balances | $199,137 |
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