NonprofitsLone Tree Mutual Water Company

Lone Tree Mutual Water Company

EL NIDO, CA

Total revenue

$7.7M

Total expenses

$7.3M

Net assets

$4.9M

Grants received

EIN

770268373

Tax year

2024

Mission

The purpose of the corporation is for the development, sale, distribution, supply and delivery of water for irrigation purposes to its members within the lands of its service area. It is also organized to assist in providing surface and subsruface drainage to the lands described in the service area, to undertake or promote soil, water and drainage conservation activities upon those lands, and to acquire, preserve and administer contractual and appropriative rights for irrigation water, and to distribute water available under the riparian rights of members, including the improvement of the land, to supply water for irrigation purposes.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$5.1M
Investment income$35K
Other revenue$2.5M
Total revenue$7.7M

Expenses

Grants paid
Salaries & benefits$668K
Fundraising
Other expenses$6.6M
Total expenses$7.3M
Total assets$13.6M
Net assets$4.9M

People

5 listed

NameRoleCompensation

Richie Iest

President

Board

1 hrs/wk

Roy Catania

Vice President

Board

0.5 hrs/wk

Bryant Elkins

Treasurer

Board

0.5 hrs/wk

Norman Montague

Secretary

Board

0.5 hrs/wk

George Park

Manager

Staff

40 hrs/wk

Details

EIN770268373
Subsection12
Ruling date1991-04
Formed1990
Employees7
LONE TREE MUTUAL WATER COMPANY — Mission, Financials & Grants Received | Grantivo