Clear Water Mutual Water Company is located in Kelseyville, CA. The organization was established in 1970. 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. Clear Water 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 03/2023, Clear Water Mutual Water Company generated $148.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $186.6k during the year ending 03/2023. While expenses have increased by 5.6% 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE WATER SERVICE TO CLEARLAKE MEMBERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Hopkins President | 2.5 | $0 | |
Dan Doughtery Historian | 0.5 | $0 | |
Betty Humes Treasurer | 0.5 | $0 | |
Leslie Olson Secretary | 1 | $0 | |
Jim Daly Member | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $148,330 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $148,330 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,400 |
| Professional fees and other payments to independent contractors | $9,250 |
| Occupancy, rent, utilities, and maintenance | $8,474 |
| Printing, publications, postage, and shipping | $278 |
| Other expenses | $92,190 |
| Total expenses | $186,592 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,967 |
| Other assets | $0 |
| Total assets | $417,305 |
| Total liabilities | $286,745 |
| Net assets or fund balances | $130,560 |