Civic Intelligence

Lone Tree Mutual Water Company

990 • Fiscal year 2017 • EIN 77-0268373

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 20, 2018

Organization ProfileN/A

View Organization Page

5002 West El Nido RoadEl Nido, CA 95317

(209) 722-3997

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.44x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)12 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

40th percentile

0.89x

Higher debt load relative to revenue than 40% of similar nonprofits.

2017 filings • 501(c)12 • $5M-$10M nonprofits • Source year 2017

Net Margin

48th percentile

4.9%

Higher net margin than 48% of similar nonprofits.

2017 filings • 501(c)12 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

91st percentile

$119,005

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2017 filings • 501(c)12 • $5M-$10M nonprofits • Source year 2017

Asset Growth

91st percentile

13%

Faster asset growth than 91% of similar nonprofits.

2017 filings • 501(c)12 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-32%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)12 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$5,416,933

Up $619,652 (+13%) from 2016

Net Assets

Up

$3,038,921

Up $130,833 (+4.5%) from 2016

Liabilities

Up

$2,378,012

Up $488,819 (+26%) from 2016

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin48th percentile

Revenue

Down

$2,664,033

Down $1,241,409 (-32%) from 2016

Expenses

Down

$2,533,200

Down $1,339,786 (-35%) from 2016

Net Income

Up

$130,833

Up $98,377 (+303%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $2,977,992Liabilities 2011: $999,754Net Assets 2011: $1,978,2382011Assets 2012: $3,412,938Liabilities 2012: $1,137,627Net Assets 2012: $2,275,3112012Assets 2013: $3,784,988Liabilities 2013: $1,269,166Net Assets 2013: $2,515,8222013Assets 2014: $3,825,827Liabilities 2014: $1,066,693Net Assets 2014: $2,759,1342014Assets 2015: $5,062,965Liabilities 2015: $2,187,333Net Assets 2015: $2,875,6322015Assets 2016: $4,797,281Liabilities 2016: $1,889,193Net Assets 2016: $2,908,0882016Assets 2017: $5,416,933Liabilities 2017: $2,378,012Net Assets 2017: $3,038,9212017Assets 2018: $5,437,739Liabilities 2018: $2,211,848Net Assets 2018: $3,225,8912018Assets 2019: $4,901,152Liabilities 2019: $1,209,542Net Assets 2019: $3,691,6102019Assets 2020: $5,636,549Liabilities 2020: $1,645,068Net Assets 2020: $3,991,4812020Assets 2021: $7,991,525Liabilities 2021: $3,379,115Net Assets 2021: $4,612,4102021Assets 2022: $9,930,709Liabilities 2022: $5,066,398Net Assets 2022: $4,864,3112022Assets 2023: $10,849,801Liabilities 2023: $6,392,467Net Assets 2023: $4,457,3342023

Highlighted filing

2017

Assets$5,416,933
Liabilities$2,378,012
Net Assets$3,038,921
Open 2017 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,031,364Expenses 2011: $1,835,712Net Income 2011: $195,6522011Expenses 2012: $2,869,8442012Revenue 2013: $3,417,724Expenses 2013: $3,177,213Net Income 2013: $240,5112013Revenue 2014: $3,842,862Expenses 2014: $3,599,550Net Income 2014: $243,3122014Revenue 2015: $3,908,586Expenses 2015: $3,792,088Net Income 2015: $116,4982015Revenue 2016: $3,905,442Expenses 2016: $3,872,986Net Income 2016: $32,4562016Revenue 2017: $2,664,033Expenses 2017: $2,533,200Net Income 2017: $130,8332017Revenue 2018: $4,234,625Expenses 2018: $4,047,651Net Income 2018: $186,9742018Revenue 2019: $3,861,872Expenses 2019: $3,396,153Net Income 2019: $465,7192019Revenue 2020: $4,704,471Expenses 2020: $4,404,600Net Income 2020: $299,8712020Revenue 2021: $5,694,903Expenses 2021: $5,073,974Net Income 2021: $620,9292021Revenue 2022: $6,488,094Expenses 2022: $6,236,193Net Income 2022: $251,9012022Revenue 2023: $5,380,033Expenses 2023: $5,787,010Net Income 2023: -$406,9772023

Highlighted filing

2017

Revenue$2,664,033
Expenses$2,533,200
Net Income$130,833
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 20, 2018
Return Version
2017v2.2
Gross Receipts
$2,664,033
Mission and Program Overview

Mission

The purpose of the Corporation is for the development, sale, distribution, supply and delivery of water for irrigation purposes to its members with irrigatable share-acres. Total acreage within the Corporation's service area is approximately 12,000 acres.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,135,063$3,904,924▼ $230,139
Savings and Temporary Cash Investments$380,708$1,058,300▲ $677,592
Cash and Non-Interest-Bearing Accounts$137,185$336,367▲ $199,182
Inventories for Sale or Use$70,875$82,858▲ $11,983
Prepaid Expenses and Deferred Charges$33,587$30,844▼ $2,743
Intangible Assets$5,439$3,636▼ $1,803
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Total Assets$4,797,281$5,416,933▲ $619,652
Other Assets Total$34,424$4▼ $34,420
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,313,725$1,456,259▲ $142,534
Other Liabilities$67,550$541,237▲ $473,687
Accounts Payable and Accrued Expenses$507,918$380,516▼ $127,402
Total Liabilities$1,889,193$2,378,012▲ $488,819
Net Assets / Fund Balance
Unrestricted Net Assets$2,908,088$3,038,921▲ $130,833
Total Net Assets Fund Balance$2,908,088$3,038,921▲ $130,833
Total Liabilities and Net Assets / Fund Balance$4,797,281$5,416,933▲ $619,652

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,751,677$4,860,414$8,612,091
Equipment$135,444$289,226$424,670
Land$13,238-$13,238
Buildings$4,565$1,842$6,407
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseTotal
George ParkManagerFT$119,005$119,005

Board Members and Trustees

NameTitle
Richie IestPresident
Edward SilvaVice President
Bill SeamanDirector
Norman MontagueSecretary
Bryant ElkinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,575,972
Investment Income
$16,743
Other Revenue
$71,318
Change in Net Assets
$130,833
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,185,150
Salaries, Compensation, and Employee Benefits$348,050
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$378,382
Other Salaries and Wages---$308,176
All Other Expenses---$187,715
Other Expenses---$89,974
Insurance---$86,272
Interest---$66,471
Payroll Taxes---$24,352
Pension Plan Contributions---$15,522
Fees for Services Accounting---$7,230
Fees for Services Legal---$7,230
Office Expenses---$1,744
Travel---$10
Total Functional Expenses$0$0$0$2,533,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
No reportable transaction--No-

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Gain$463,000
Deferred Tax Liability$78,237
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Richie Iest and Bryant Elkins serve as directors of the Company. Bryant Elkins works as a controller for various entities in which Richie Iest maintains ownership interests.”

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Members maintain shares of stock that are an incidental right attached to the parcels of land serviced by the Company. These shares pass with the possession of the parcels. In the event that a public agency acquires possession of a parcel of land within the Company's service area, the shares appurtenant to the land are cancelled.”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“Members maintain shares of stock that are an incidental right attached to the parcels of land serviced by the Company. The Board of Directors is elected by the Members, who have voting rights proportional to the number of shares of stock owned.”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“Adoption of new Bylaws and repeal or amendment to existing Bylaws is subject to approval by vote of all members.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“A copy of Form 990 is reviewed by management and provided to each member of the Board of Directors for review, with questions and concerns of the members of the Board of Directors addressed prior to filing.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The Board of Directors reviews and approves General Manager compensation adjustments as determined necessary.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Lone Tree Mutual Water Company
EIN
77-0268373
Phone
2097223997
Address
5002 West El Nido Road, El Nido, CA 95317

Signing Officer

Name
Richie Iest
Title
President
Signed
2018-03-20
Discuss with paid preparer
Yes

Organization Details

Formed
1990
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
6

Preparer

Firm
Croce & Company Accntcy Corp
Address
3247 W March Lane Ste 200, Stockton, CA 95219
Preparer
Duane E Bulthuis
Phone
2099432222
Raw XML Appendix382 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0507918
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0380516
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The purpose of the Corporation is for the development, sale, distribution, supply and delivery of water for irrigation purposes to its members with irrigatable share-acres. Total acreage within the Corporation's service area is approximately 12,000 acres.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt0187715
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0George Park
IRS990/BooksInCareOfDetail/PhoneNum02097223997
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05002 West El Nido Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0El Nido
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd095317
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt0137185
IRS990/CashNonInterestBearingGrp/EOYAmt0336367
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt016743
IRS990/CYOtherExpensesAmt02185150
IRS990/CYOtherRevenueAmt071318
IRS990/CYProgramServiceRevenueAmt02575972
IRS990/CYRevenuesLessExpensesAmt0130833
IRS990/CYSalariesCompEmpBnftPaidAmt0348050
IRS990/CYTotalExpensesAmt02533200
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02664033
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0378382
IRS990/Desc0The Corporation developed, sold, distributed, supplied, and delivered irrigation water to its members with irrigatable share-acres. Total acreage within the Corporation's service area is approximately 12,000 acres.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt07230
IRS990/FeesForServicesLegalGrp/TotalAmt07230
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Richie Iest
IRS990/Form990PartVIISectionAGrp/PersonNm1Edward Silva
IRS990/Form990PartVIISectionAGrp/PersonNm2Norman Montague
IRS990/Form990PartVIISectionAGrp/PersonNm3Bryant Elkins
IRS990/Form990PartVIISectionAGrp/PersonNm4Bill Seaman
IRS990/Form990PartVIISectionAGrp/PersonNm5George Park
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5119005
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Manager
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt014150
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt014150
IRS990/GrossReceiptsAmt02664033
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt086272
IRS990/IntangibleAssetsGrp/BOYAmt05439
IRS990/IntangibleAssetsGrp/EOYAmt03636
IRS990/InterestGrp/TotalAmt066471
IRS990/InventoriesForSaleOrUseGrp/BOYAmt070875
IRS990/InventoriesForSaleOrUseGrp/EOYAmt082858
IRS990/InvestmentIncomeGrp/ExclusionAmt02593
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02593
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05151482
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04135063
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03904924
IRS990/LandBldgEquipCostOrOtherBssAmt09056406
IRS990/LegalDomicileStateCd0CA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The purpose of the Corporation is for the development, sale, distribution, supply and delivery of water for irrigation purposes to its members with irrigatable share-acres. Total acreage within the Corporation's service area is approximately 12,000 acres.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01313725
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01456259
IRS990/NetAssetsOrFundBalancesBOYAmt02908088
IRS990/NetAssetsOrFundBalancesEOYAmt03038921
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt014150
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt014150
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt01744
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt034424
IRS990/OtherAssetsTotalGrp/EOYAmt04
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2Projects Expensed
IRS990/OtherExpensesGrp/Desc3PROPERTY TAX
IRS990/OtherExpensesGrp/TotalAmt0981834
IRS990/OtherExpensesGrp/TotalAmt1250808
IRS990/OtherExpensesGrp/TotalAmt2127480
IRS990/OtherExpensesGrp/TotalAmt389974
IRS990/OtherLiabilitiesGrp/BOYAmt067550
IRS990/OtherLiabilitiesGrp/EOYAmt0541237
IRS990/OtherRevenueMiscGrp/BusinessCd0115110
IRS990/OtherRevenueMiscGrp/BusinessCd1115110
IRS990/OtherRevenueMiscGrp/Desc0Discounts and rebates
IRS990/OtherRevenueMiscGrp/Desc1Other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt171310
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt171310
IRS990/OtherRevenueTotalAmt071318
IRS990/OtherSalariesAndWagesGrp/TotalAmt0308176
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt024352
IRS990/PensionPlanContributionsGrp/TotalAmt015522
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt033587
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030844
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0115110
IRS990/ProgramServiceRevenueGrp/BusinessCd1115110
IRS990/ProgramServiceRevenueGrp/Desc0Member Assessments
IRS990/ProgramServiceRevenueGrp/Desc1Water Tolls
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0737284
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11838688
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0737284
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11838688
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt05135
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt03523802
IRS990/PYOtherRevenueAmt018385
IRS990/PYProgramServiceRevenueAmt03881922
IRS990/PYRevenuesLessExpensesAmt032456
IRS990/PYSalariesCompEmpBnftPaidAmt0349184
IRS990/PYTotalExpensesAmt03872986
IRS990/PYTotalRevenueAmt03905442
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0130833
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0380708
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01058300
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04565
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01842
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06407
IRS990ScheduleD/EquipmentGrp/BookValueAmt0135444
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0289226
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0424670
IRS990ScheduleD/LandGrp/BookValueAmt013238
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt013238
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03751677
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04860414
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt08612091
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0463000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt178237
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED GAIN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Tax Liability
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03904924
IRS990ScheduleD/TotalLiabilityAmt0541237
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0No reportable transaction
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0The organization at times will enter in to arms length transactions with various directors (or family member thereof) or their affiliated related entities. Because the organization is in the business of providing water to the directors or related property naturally there will have to be related party transactions from time to time. These transactions are disclosed to the board of directors and approved thereof and are not for services outside normal business of the entity.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Richie Iest and Bryant Elkins serve as directors of the Company. Bryant Elkins works as a controller for various entities in which Richie Iest maintains ownership interests.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members maintain shares of stock that are an incidental right attached to the parcels of land serviced by the Company. These shares pass with the possession of the parcels. In the event that a public agency acquires possession of a parcel of land within the Company's service area, the shares appurtenant to the land are cancelled.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members maintain shares of stock that are an incidental right attached to the parcels of land serviced by the Company. The Board of Directors is elected by the Members, who have voting rights proportional to the number of shares of stock owned.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Adoption of new Bylaws and repeal or amendment to existing Bylaws is subject to approval by vote of all members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A copy of Form 990 is reviewed by management and provided to each member of the Board of Directors for review, with questions and concerns of the members of the Board of Directors addressed prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Board of Directors reviews and approves General Manager compensation adjustments as determined necessary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Governing documents and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04797281
IRS990/TotalAssetsEOYAmt05416933
IRS990/TotalAssetsGrp/BOYAmt04797281
IRS990/TotalAssetsGrp/EOYAmt05416933
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02533200
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01889193
IRS990/TotalLiabilitiesEOYAmt02378012
IRS990/TotalLiabilitiesGrp/BOYAmt01889193
IRS990/TotalLiabilitiesGrp/EOYAmt02378012
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02908088
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03038921
IRS990/TotalProgramServiceRevenueAmt02575972
IRS990/TotalReportableCompFromOrgAmt0119005
IRS990/TotalRevenueGrp/ExclusionAmt02593
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02661440
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02664033
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04797281
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05416933
IRS990/TravelGrp/TotalAmt010
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02908088
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03038921
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Richie Iest
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Lone Tree Mutual Water Company
ReturnHeader/Filer/BusinessNameControlTxt0LONE
ReturnHeader/Filer/EIN0770268373
ReturnHeader/Filer/PhoneNum02097223997
ReturnHeader/Filer/USAddress/AddressLine1Txt05002 West El Nido Road
ReturnHeader/Filer/USAddress/CityNm0El Nido
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095317
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680164380
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Croce & Company Accntcy Corp
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03247 W March Lane Ste 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Stockton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095219
ReturnHeader/PreparerPersonGrp/PhoneNum02099432222
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Duane E Bulthuis
ReturnHeader/ReturnTs02018-03-20T12:39:43-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,416,933
Liabilities
$2,378,012
Net assets
$3,038,921
Revenue
$2,664,033
Expenses
$2,533,200
Net income
$130,833
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$10.8$6.39$4.46$5.38$5.79$0.41
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.93$5.07$4.86$6.49$6.24$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.99$3.38$4.61$5.69$5.07$0.62
2020Summary only. Only limited summary data is available for this year.$5.64$1.65$3.99$4.70$4.40$0.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.90$1.21$3.69$3.86$3.40$0.47
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.44$2.21$3.23$4.23$4.05$0.19
2017Detailed filing. Detailed filing data is available for this year.$5.42$2.38$3.04$2.66$2.53$0.13
2016Summary only. Only limited summary data is available for this year.$4.80$1.89$2.91$3.91$3.87$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.06$2.19$2.88$3.91$3.79$0.12
2014Detailed filing. Detailed filing data is available for this year.$3.83$1.07$2.76$3.84$3.60$0.24
2013Detailed filing. Detailed filing data is available for this year.$3.78$1.27$2.52$3.42$3.18$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$1.14$2.28$2.87
2011Summary only. Only limited summary data is available for this year.$2.98$1.00$1.98$2.03$1.84$0.20