Lakeshore Heights Mutual Water Co
- Assets
- $315.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakehead, CA
- Founding
- 06/1965
- Data as of
- 12/2022
- EIN
- 94-6115401
Organization Overview
Lakeshore Heights Mutual Water Co is located in Lakehead, CA. The organization was established in 1965. 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. Lakeshore Heights Mutual Water Co 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, Lakeshore Heights Mutual Water Co generated $67.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $76.2k during the year ending 12/2022. While expenses have increased by 3.5% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
COOPERATIVE R & T SECTION 24405 MUTUAL WATER CO
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $67,939 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,949 |
| 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 | $5,777 |
| Occupancy, rent, utilities, and maintenance | $12,436 |
| Printing, publications, postage, and shipping | $252 |
| Other expenses | $57,703 |
| Total expenses | $76,168 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,357 |
| Other assets | $0 |
| Total assets | $315,440 |
| Total liabilities | $286,326 |
| Net assets or fund balances | $29,114 |