Civic Intelligence

Tract 349 Mutual Water Company

EIN 95-1304730 • 501(c)12 • Cudahy, CA

Profile

Provide water to community property owners - individuals and businesses

4630 Santa Ana StreetCudahy, CA 90201

n/A

Siviq Scores

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

Liabilities / Assets

14th percentile

0.02x

Higher debt load relative to assets than 14% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.13x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2024

Net Margin

82nd percentile

34%

Higher net margin than 82% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$7,200

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)12 • $5M-$10M nonprofits • Source year 2024

Asset Growth

70th percentile

7.4%

Faster asset growth than 70% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

65%

Faster revenue growth than 91% of similar nonprofits.

501(c)12 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,404,642

Up $373,076 (+7.4%) from 2023

Liabilities

Up

$134,969

Up $24,105 (+22%) from 2023

Net Assets

Up

$5,269,673

Up $348,971 (+7.1%) from 2023

Revenue

Up

$1,031,611

Up $407,755 (+65%) from 2023

Expenses

Up

$682,640

Up $1,403 (+0.2%) from 2023

Net Income

Up

$348,971

Up $406,352 (+708%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $829,023Liabilities 2010: $44,264Net Assets 2010: $784,7592010Assets 2011: $856,843Liabilities 2011: $50,793Net Assets 2011: $806,0502011Assets 2012: $911,525Liabilities 2012: $50,769Net Assets 2012: $860,7562012Assets 2013: $977,107Liabilities 2013: $58,937Net Assets 2013: $918,1702013Assets 2014: $988,377Liabilities 2014: $52,367Net Assets 2014: $936,0102014Assets 2015: $1,087,850Liabilities 2015: $44,215Net Assets 2015: $1,043,6352015Assets 2016: $1,134,276Liabilities 2016: $45,859Net Assets 2016: $1,088,4172016Assets 2017: $1,345,526Liabilities 2017: $54,041Net Assets 2017: $1,291,4852017Assets 2018: $2,976,495Liabilities 2018: $180,334Net Assets 2018: $2,796,1612018Assets 2019: $3,367,755Liabilities 2019: $104,073Net Assets 2019: $3,263,6822019Assets 2020: $4,807,940Liabilities 2020: $169,418Net Assets 2020: $4,638,5222020Assets 2021: $5,400,177Liabilities 2021: $386,023Net Assets 2021: $5,014,1542021Assets 2022: $5,092,659Liabilities 2022: $104,576Net Assets 2022: $4,988,0832022Assets 2023: $5,031,566Liabilities 2023: $110,864Net Assets 2023: $4,920,7022023Assets 2024: $5,404,642Liabilities 2024: $134,969Net Assets 2024: $5,269,6732024

Highlighted filing

2024

Assets$5,404,642
Liabilities$134,969
Net Assets$5,269,673

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $293,8752010Expenses 2011: $329,3542011Revenue 2012: $376,562Expenses 2012: $321,856Net Income 2012: $54,7062012Revenue 2013: $380,388Expenses 2013: $322,974Net Income 2013: $57,4142013Revenue 2014: $347,525Expenses 2014: $329,685Net Income 2014: $17,8402014Revenue 2015: $448,858Expenses 2015: $341,233Net Income 2015: $107,6252015Revenue 2016: $424,298Expenses 2016: $379,516Net Income 2016: $44,7822016Revenue 2017: $629,267Expenses 2017: $426,199Net Income 2017: $203,0682017Revenue 2018: $1,953,764Expenses 2018: $449,088Net Income 2018: $1,504,6762018Revenue 2019: $804,467Expenses 2019: $420,299Net Income 2019: $384,1682019Revenue 2020: $1,852,107Expenses 2020: $477,267Net Income 2020: $1,374,8402020Revenue 2021: $881,511Expenses 2021: $505,879Net Income 2021: $375,6322021Revenue 2022: $580,589Expenses 2022: $606,660Net Income 2022: -$26,0712022Revenue 2023: $623,856Expenses 2023: $681,237Net Income 2023: -$57,3812023Revenue 2024: $1,031,611Expenses 2024: $682,640Net Income 2024: $348,9712024

Highlighted filing

2024

Revenue$1,031,611
Expenses$682,640
Net Income$348,971

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.40$0.13$5.27$1.03$0.68$0.35
2023Detailed filing. Detailed filing data is available for this year.$5.03$0.11$4.92$0.62$0.68$0.06
2022Detailed filing. Detailed filing data is available for this year.$5.09$0.10$4.99$0.58$0.61$0.03
2021Detailed filing. Detailed filing data is available for this year.$5.40$0.39$5.01$0.88$0.51$0.38
2020Detailed filing. Detailed filing data is available for this year.$4.81$0.17$4.64$1.85$0.48$1.37
2019Detailed filing. Detailed filing data is available for this year.$3.37$0.10$3.26$0.80$0.42$0.38
2018Detailed filing. Detailed filing data is available for this year.$2.98$0.18$2.80$1.95$0.45$1.50
2017Detailed filing. Detailed filing data is available for this year.$1.35$0.05$1.29$0.63$0.43$0.20
2016Detailed filing. Detailed filing data is available for this year.$1.13$0.05$1.09$0.42$0.38$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.09$0.04$1.04$0.45$0.34$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.99$0.05$0.94$0.35$0.33$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.98$0.06$0.92$0.38$0.32$0.06
2012Summary only. Only limited summary data is available for this year.$0.91$0.05$0.86$0.38$0.32$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.05$0.81$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.04$0.78$0.29
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 28, 2025
Return Version
2024v5.2
Gross Receipts
$1,849,462
Mission and Program Overview

Mission

Provide water to community property owners - individuals and businesses

The organization's mission is to conduct efficient operations as a local community water district - providing water to its stockholders (the community businesses and individuals that reside within the district)

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,890,102$5,239,073▲ $348,971
Land, Buildings, and Equipment, Net$3,377,837$3,358,480▼ $19,357
Cash and Non-Interest-Bearing Accounts$754,670$1,035,379▲ $280,709
Savings and Temporary Cash Investments$542,642$543,530▲ $888
Accounts Receivable$340,972$446,840▲ $105,868
Cap Stk Tr Prin Current Funds$30,600$30,600→ $0
Prepaid Expenses and Deferred Charges$15,445$20,413▲ $4,968
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$5,031,566$5,404,642▲ $373,076
Liabilities
Accounts Payable and Accrued Expenses$107,229$129,892▲ $22,663
Deferred Revenue$3,419$4,816▲ $1,397
Other Liabilities$216$261▲ $45
Total Liabilities$110,864$134,969▲ $24,105
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,920,702$5,269,673▲ $348,971
Total Liabilities and Net Assets / Fund Balance$5,031,566$5,404,642▲ $373,076

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,316,319$563,369$3,879,688
Buildings$13,401$50,345$63,746
Land$28,760-$28,760
Other Land Buildings$0$7,597$7,597
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel VenegasVice - President-$7,200$7,200
Jose MendozaBoard Member-$7,200$7,200
Luis GarciaBoard Member-$7,200$7,200
James CastroBoard Member-$6,600$6,600
Donald Robert BrabantPresidentPT$5,400$5,400
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$393
Other Revenue
$1,031,218
Change in Net Assets
$348,971
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$352,694
Other Expenses$329,946
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$157,038-$157,038
Current Officers, Directors, Trustees, and Key Employees-$130,376-$130,376
Insurance-$91,500-$91,500
Fees for Services Other-$87,945-$87,945
Fees for Services Legal-$75,774-$75,774
Office Expenses-$38,086-$38,086
Payroll Taxes-$33,940-$33,940
Pension Plan Contributions-$31,340-$31,340
Fees for Services Accounting-$9,615-$9,615
Other Expenses-$894-$894
Total Functional Expenses$0$682,640$0$682,640
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
State Income Tax Payable$261
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization's members are the property owners - individuals and businesses to whom the organization provides the water.

Form 990, Part VI, Section A, Line 7A

The members of the organization may participate in election of the governing body.

Form 990, Part VI, Section B, Line 11B

The process that the organization uses to review the form 990 before filing the tax return is as follows: first, the return is reviewed by the controller. After that, the form 990 is given to the general manager for final review, approval, and signature for filing.

Form 990, Part VI, Section C, Line 19

The company makes annual financial statements available to its members by mailing a summary version of the financial statements. If any participant wishes to review the detailed financial statements compiled by the independent cpa, a written request has to be submitted to management and approved by the president. For that purpose, the organization maintains a standard request form available for any member to complete and submit. The governing documents were issued in 1912 and are kept in the safe. They are being occasionally accessed in case if bank account needs to be open or other similar circumstance. No participant ever requested the copy; however, it can be obtained upon the written request described in the previous paragraph. The organization does not maintain the written conflict of interest policy.

Filing and Contact Details

Filer

Filer Name
Tract 349 Mutual Water Company
EIN
95-1304730
Phone
3235601601
Address
4630 SANTA ANA STREET, CUDAHY, CA 90201

Signing Officer

Name
William Gynan
Title
General Manager
Phone
3235601601
Signed
2025-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Gynan
Formed
1912
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Weiss Accountancy Corporation
Address
16217 KITTRIDGE STREET, VAN NUYS, CA 91406
Preparer
Melinda Ryken
Phone
8189977712
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 0. Management and general expenses 87,945. Fundraising expenses 0. Total expenses 87,945.

Raw XML Appendix339 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.

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IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04890102
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt05239073
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0542642
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0543530
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt013401
IRS990ScheduleD/BuildingsGrp/DepreciationAmt050345
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt063746
IRS990ScheduleD/EquipmentGrp/BookValueAmt03316319
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0563369
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03879688
IRS990ScheduleD/LandGrp/BookValueAmt028760
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt028760
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07597
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07597
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0261
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STATE INCOME TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03358480
IRS990ScheduleD/TotalLiabilityAmt0261
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S MEMBERS ARE THE PROPERTY OWNERS - INDIVIDUALS AND BUSINESSES TO WHOM THE ORGANIZATION PROVIDES THE WATER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE ORGANIZATION MAY PARTICIPATE IN ELECTION OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS THAT THE ORGANIZATION USES TO REVIEW THE FORM 990 BEFORE FILING THE TAX RETURN IS AS FOLLOWS: FIRST, THE RETURN IS REVIEWED BY THE CONTROLLER. AFTER THAT, THE FORM 990 IS GIVEN TO THE GENERAL MANAGER FOR FINAL REVIEW, APPROVAL, AND SIGNATURE FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPANY MAKES ANNUAL FINANCIAL STATEMENTS AVAILABLE TO ITS MEMBERS BY MAILING A SUMMARY VERSION OF THE FINANCIAL STATEMENTS. IF ANY PARTICIPANT WISHES TO REVIEW THE DETAILED FINANCIAL STATEMENTS COMPILED BY THE INDEPENDENT CPA, A WRITTEN REQUEST HAS TO BE SUBMITTED TO MANAGEMENT AND APPROVED BY THE PRESIDENT. FOR THAT PURPOSE, THE ORGANIZATION MAINTAINS A STANDARD REQUEST FORM AVAILABLE FOR ANY MEMBER TO COMPLETE AND SUBMIT. THE GOVERNING DOCUMENTS WERE ISSUED IN 1912 AND ARE KEPT IN THE SAFE. THEY ARE BEING OCCASIONALLY ACCESSED IN CASE IF BANK ACCOUNT NEEDS TO BE OPEN OR OTHER SIMILAR CIRCUMSTANCE. NO PARTICIPANT EVER REQUESTED THE COPY; HOWEVER, IT CAN BE OBTAINED UPON THE WRITTEN REQUEST DESCRIBED IN THE PREVIOUS PARAGRAPH. THE ORGANIZATION DOES NOT MAINTAIN THE WRITTEN CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 87,945. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 87,945.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05031566
IRS990/TotalAssetsEOYAmt05404642
IRS990/TotalAssetsGrp/BOYAmt05031566
IRS990/TotalAssetsGrp/EOYAmt05404642
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0682640
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0682640
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0110864
IRS990/TotalLiabilitiesEOYAmt0134969
IRS990/TotalLiabilitiesGrp/BOYAmt0110864
IRS990/TotalLiabilitiesGrp/EOYAmt0134969
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04920702
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05269673
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt033600
IRS990/TotalRevenueGrp/ExclusionAmt0996304
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt035307
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01031611
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05031566
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05404642
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04630 SANTA ANA STREET
IRS990/USAddress/CityNm0CUDAHY
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090201
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM GYNAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum03235601601
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRACT 349 MUTUAL WATER COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0TRAC
ReturnHeader/Filer/EIN0951304730
ReturnHeader/Filer/PhoneNum03235601601
ReturnHeader/Filer/USAddress/AddressLine1Txt04630 SANTA ANA STREET
ReturnHeader/Filer/USAddress/CityNm0CUDAHY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0320630833
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEISS ACCOUNTANCY CORPORATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016217 KITTRIDGE STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VAN NUYS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091406
ReturnHeader/PreparerPersonGrp/PhoneNum08189977712
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELINDA RYKEN
ReturnHeader/ReturnTs02025-07-31T18:45:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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