Saviers Road Mutual Water Company is located in Port Hueneme, CA. The organization was established in 1956. 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 itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Saviers Road 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, Saviers Road Mutual Water Company generated $83.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $82.0k during the year ending 12/2022. While expenses have increased by 5.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED WATER SERVICE FOR 89 RESIDENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Tafoya President | 2 | $1,544 | |
Jose DE Jesus Romo Vice-President | 2 | $625 | |
Rosalinda Romo Secretary | 20 | $15,912 | |
Jose Gonzalez Treasurer | 5 | $5,297 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,192 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,086 |
| Total Revenue | $83,278 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,576 |
| Professional fees and other payments to independent contractors | $43,988 |
| Occupancy, rent, utilities, and maintenance | $2,260 |
| Printing, publications, postage, and shipping | $1,176 |
| Other expenses | $8,987 |
| Total expenses | $81,987 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $167,068 |
| Other assets | $0 |
| Total assets | $167,068 |
| Total liabilities | $439 |
| Net assets or fund balances | $166,629 |