Civic Intelligence

Asoleado Mutual Water Company

EIN 94-2514066 • 501(c)12 • Carmel Valley, CA

Profile

Asoleado mutual water company is a mutual benefit corporation that operates and maintains a road and water supply system for its members.

1 Asoleado DriveCarmel Valley, CA 93924

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.03x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.11x

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

501(c)12 • <$500k nonprofits • Source year 2024

Net Margin

53rd percentile

6.4%

Higher net margin than 53% of similar nonprofits.

501(c)12 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)12 • <$500k nonprofits • Source year 2024

Asset Growth

65th percentile

4.6%

Faster asset growth than 65% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

-2.9%

Faster revenue growth than 36% of similar nonprofits.

501(c)12 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$374,155

Up $16,621 (+4.6%) from 2023

Liabilities

Up

$11,791

Up $9,566 (+430%) from 2023

Net Assets

Up

$362,364

Up $7,055 (+2.0%) from 2023

Operations
Liabilities / Revenue67th percentileNet Margin53rd percentile

Revenue

Down

$111,041

Down $3,327 (-2.9%) from 2023

Expenses

Down

$103,986

Down $7,747 (-6.9%) from 2023

Net Income

Up

$7,055

Up $4,420 (+168%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $126,702Liabilities 2011: $7,504Net Assets 2011: $119,1982011Assets 2012: $197,181Liabilities 2012: $2,194Net Assets 2012: $194,9872012Assets 2013: $219,349Net Assets 2013: $219,3492013Assets 2014: $250,953Net Assets 2014: $250,9532014Assets 2015: $295,235Liabilities 2015: $1,808Net Assets 2015: $293,4272015Assets 2016: $324,112Liabilities 2016: $1,914Net Assets 2016: $322,1982016Assets 2017: $355,089Liabilities 2017: $2,872Net Assets 2017: $352,2172017Assets 2018: $375,070Liabilities 2018: $7,660Net Assets 2018: $367,4102018Assets 2019: $405,396Liabilities 2019: $10,135Net Assets 2019: $395,2612019Assets 2020: $414,229Liabilities 2020: $17,077Net Assets 2020: $397,1522020Assets 2021: $296,731Liabilities 2021: $15,611Net Assets 2021: $281,1202021Assets 2022: $353,449Liabilities 2022: $775Net Assets 2022: $352,6742022Assets 2023: $357,534Liabilities 2023: $2,225Net Assets 2023: $355,3092023Assets 2024: $374,155Liabilities 2024: $11,791Net Assets 2024: $362,3642024

Highlighted filing

2024

Assets$374,155
Liabilities$11,791
Net Assets$362,364
Open 2024 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $137,604Expenses 2011: $135,590Net Income 2011: $2,0142011Revenue 2012: $131,738Expenses 2012: $55,949Net Income 2012: $75,7892012Revenue 2013: $115,418Expenses 2013: $91,056Net Income 2013: $24,3622013Revenue 2014: $113,089Expenses 2014: $81,485Net Income 2014: $31,6042014Revenue 2015: $108,896Expenses 2015: $66,422Net Income 2015: $42,4742015Revenue 2016: $109,440Expenses 2016: $80,669Net Income 2016: $28,7712016Revenue 2017: $105,222Expenses 2017: $77,999Net Income 2017: $27,2232017Revenue 2018: $119,293Expenses 2018: $110,140Net Income 2018: $9,1532018Revenue 2019: $129,331Expenses 2019: $106,245Net Income 2019: $23,0862019Revenue 2020: $129,475Expenses 2020: $131,201Net Income 2020: -$1,7262020Revenue 2021: $320,030Expenses 2021: $418,842Net Income 2021: -$98,8122021Revenue 2022: $154,206Expenses 2022: $82,652Net Income 2022: $71,5542022Revenue 2023: $114,368Expenses 2023: $111,733Net Income 2023: $2,6352023Revenue 2024: $111,041Expenses 2024: $103,986Net Income 2024: $7,0552024

Highlighted filing

2024

Revenue$111,041
Expenses$103,986
Net Income$7,055
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$374,155
Liabilities
$11,791
Net assets
$362,364
Revenue
$111,041
Expenses
$103,986
Net income
$7,055
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.74$0.12$3.62$1.11$1.04$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.58$0.02$3.55$1.14$1.12$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.53$0.01$3.53$1.54$0.83$0.72
2021Detailed filing. Detailed filing data is available for this year.$2.97$0.16$2.81$3.20$4.19$0.99
2020Detailed filing. Detailed filing data is available for this year.$4.14$0.17$3.97$1.29$1.31$0.02
2019Summary only. Only limited summary data is available for this year.$4.05$0.10$3.95$1.29$1.06$0.23
2018Detailed filing. Detailed filing data is available for this year.$3.75$0.08$3.67$1.19$1.10$0.09
2017Detailed filing. Detailed filing data is available for this year.$3.55$0.03$3.52$1.05$0.78$0.27
2016Detailed filing. Detailed filing data is available for this year.$3.24$0.02$3.22$1.09$0.81$0.29
2015Detailed filing. Detailed filing data is available for this year.$2.95$0.02$2.93$1.09$0.66$0.42
2014Detailed filing. Detailed filing data is available for this year.$2.51$2.51$1.13$0.81$0.32
2013Detailed filing. Detailed filing data is available for this year.$2.19$2.19$1.15$0.91$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.02$1.95$1.32$0.56$0.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.08$1.19$1.38$1.36$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$111,041
Mission and Program Overview

Mission

Asoleado mutual water company is a mutual benefit corporation that operates and maintain a road and water supply system for its members

Asoleado mutual water company is a mutual benefit corporation that operates and maintains a road and water supply system for its members.

Program Services

DescriptionGrantsExpenses
OPERATION, MAINTENANCE, REPAIRS AND REPLACING OF ROAD AND WATER SYSTEM.-$153,990
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE FREDERICDirector-$0--
CHRISTINA BELLECIDirector-$0--
ED ACREYDirector-$0--
TONY SCARDINAPresidentPT$0--
JOHN HANNAHAsst. Secretary-$0--
RICHARD CHASTAINTreasurerPT$0--
BETH ACREYAsst. TreasurerPT$0--
PAM FINGERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Asoleado Mutual Water Company
EIN
94-2514066
Phone
8316591646
Address
1 ASOLEADO DRIVE, CARMEL VALLEY, CA 93924

Signing Officer

Name
Richard Chastain
Title
Treasurer
Signed
2025-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Tansill & Lund CPAs
Address
706 Forest Ave, Pacific Grove, CA 93950
Preparer
Marcus a Lund CPA
Phone
8316431040
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $1121”

Other Expenses.1009

“Depreciation $15677”

Other Expenses.1012

“Insurance $4687”

Other Expenses.1

“WATER TESTING $28688”

Other Expenses.2

“UTILITIES $25588”

Other Expenses.3

“ROAD MAINTENANCE $10724”

Other Expenses.4

“REPAIRS $9801”

Other Expenses.5

“DUES/MEMBERSHIPS $580”

Other Expenses.6

“MEMBER BAD DEBTS $291”

Other Expenses.7

“BANK CHARGES $121”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $2931 Prepaid Expenses and Deferred Charges - Ending $3151”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $2225 Accounts Payable and Accrued Expenses - Ending $4349”

Total Liabilities.1

“DEFERRED REV - Beginning $15359 DEFERRED REV - Ending $7442”

Raw XML Appendix149 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD CHASTAIN
IRS990EZ/BooksInCareOfDetail/PhoneNum08316591646
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01 ASOLEADO DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CARMEL VALLEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093924
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0369962
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0371004
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07055
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06708
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0372893
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0374155
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0111041
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0355309
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0362364
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0355309
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0362364
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt65.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt72.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MIKE FREDERIC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRISTINA BELLECI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ED ACREY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TONY SCARDINA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN HANNAH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5RICHARD CHASTAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6BETH ACREY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7PAM FINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4ASST. SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6ASST. TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02931
IRS990EZ/OtherAssetsTotalDetail/EOYAmt03151
IRS990EZ/OtherExpensesTotalAmt097278
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ASOLEADO MUTUAL WATER COMPANY IS A MUTUAL BENEFIT CORPORATION THAT OPERATES AND MAINTAINS A ROAD AND WATER SUPPLY SYSTEM FOR ITS MEMBERS.
IRS990EZ/ProgramServiceRevenueAmt0111041
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OPERATION, MAINTENANCE, REPAIRS AND REPLACING OF ROAD AND WATER SYSTEM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0153990
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt017584
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011791
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0103986
IRS990EZ/TotalProgramServiceExpensesAmt0153990
IRS990EZ/TotalRevenueAmt0111041
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1121
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $15677
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $4687
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WATER TESTING $28688
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UTILITIES $25588
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROAD MAINTENANCE $10724
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REPAIRS $9801
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DUES/MEMBERSHIPS $580
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MEMBER BAD DEBTS $291
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BANK CHARGES $121
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Prepaid Expenses and Deferred Charges - Beginning $2931 Prepaid Expenses and Deferred Charges - Ending $3151
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Accounts Payable and Accrued Expenses - Beginning $2225 Accounts Payable and Accrued Expenses - Ending $4349
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DEFERRED REV - Beginning $15359 DEFERRED REV - Ending $7442
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Total Liabilities.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD CHASTAIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASOLEADO MUTUAL WATER COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0ASOL
ReturnHeader/Filer/EIN0942514066
ReturnHeader/Filer/PhoneNum08316591646
ReturnHeader/Filer/USAddress/AddressLine1Txt01 ASOLEADO DRIVE
ReturnHeader/Filer/USAddress/CityNm0CARMEL VALLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093924
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0332723813
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tansill & Lund CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0706 Forest Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pacific Grove
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093950
ReturnHeader/PreparerPersonGrp/PhoneNum08316431040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARCUS A LUND CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-11T13:13:14-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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