Oak Trail Ranch Mutual Water Co is located in Santa Ynez, CA. The organization was established in 1984. 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. Oak Trail Ranch 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 12/2023, Oak Trail Ranch Mutual Water Co generated $95.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $54.4k during the year ending 12/2023. While expenses have increased by 1.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DEVELOPED, DISTRIBUTED, SUPPLIED AND DELIVERED WATER FOR DOMESTIC AND IRRIGATION USES TO ITS MEMBERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Wales President | 1 | $0 | |
Cy Asta Director | 1 | $0 | |
Diane Petras Secretary/treas | 1 | $0 | |
Brent Fletcher Director | 1 | $0 | |
Jerry Rounds Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $56,402 |
| Membership dues | $33,311 |
| Investment income | $5,825 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,538 |
| 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 | $10,982 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,424 |
| Total expenses | $54,406 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $243,777 |
| Other assets | $0 |
| Total assets | $245,875 |
| Total liabilities | $167 |
| Net assets or fund balances | $245,708 |