2025-10-09T12:16:34-05:00 2025-06-30 473535842 DAVIS FARR LLP 18201 VON KARMAN AVE SUITE 1100 IRVINE CA 92612 990 2024-07-01 956095389 MONTEBELLO LAND AND WATER COMPANY MONT 3237228654 PO BOX 279 MONTEBELLO CA 90640 BRUCE JUGAN PRESIDENT 3237228654 2025-10-07 1 1 TRITIA FOSTER P02164134 9494742020 2024 2025-03-06 01:10:19Z BRUCE JUGAN PO BOX 279 MONTEBELLO CA 90640 12874323 0 X WWW.MTBLW.COM X 1900 CA WATER DISTRIBUTION SERVICES 6 0 15 0 0 0 2298148 5193775 6786362 7233646 325633 329307 1001189 36594 10411332 12793322 0 0 0 0 1387184 1364495 0 0 0 3373790 3617685 4760974 4982180 5650358 7811142 37967556 49928650 770353 4950351 37197203 44978299 WATER DISTRIBUTION SERVICES 0 0 4982180 7233646 WATER DISTRIBUTION SERVICES 4982180 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 38 0 15 1 0 0 0 0 0 0 0 7223646 5559676 0 0 0 X 6 0 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MONTEBELLO LAND AND WATER COMPANY 3237228654 344 E MADISON MONTEBELLO CA 90640 BRUCE JUGAN PRESIDENT 3.00 X X 7200 0 0 DAVID R REGO VICE PRESIDENT 1.00 X X 7200 0 0 KENNETH BRADBURY SECRETARY 1.00 X X 7200 0 0 OMER ZEKI KAYIRAN TREASURER 1.00 X X 7200 0 0 NORMAN AKASHI DIRECTOR 1.00 X 7200 0 0 KOREY BRADBURY GENERAL MANAGER 40.00 X 198000 0 29180 BRETT OMMEN SUPERINDENDENT 40.00 X 137200 0 41526 371200 0 70706 2 0 1 0 WA RASIC 4150 LONG BEACH BLVD LONG BEACH CA 90807 CONSTRUCTION SERVICES 3112129 AKM CONSULTING ENGINEERING 553 WALD IRVINE CA 92618 ENGINEERING CONSULTING SERVICES 882374 AQUEOUS VETS 288 JASMINE WAY DANVILLE CA 94506 FILTRATION EQUIPMENT 316354 DOTY BROTHERS EQUIPMENT CO 11232 E FIRESTONE BLVD NORWALK CA 90650 CONSTRUCTION SERVICES 189263 4 5193775 5193775 WATER SALES 221000 7177120 7177120 DELINQUENT FEES 221000 39880 39880 SHUT OFF FEES 221000 13190 13190 STOCK TRANSFER FEES 221000 3456 3456 7233646 320807 320807 89501 81001 8500 8500 8500 CONTRIB PIPELINES / METERS 221000 36594 36594 36594 12793322 7278740 0 320807 293846 293846 653988 653988 109888 109888 222291 222291 84482 84482 32064 32064 30490 30490 239490 239490 130077 130077 13387 13387 744509 744509 210198 210198 WATER REPLENISHMENT 1410851 1410851 POWER & GAS 304303 304303 ALL OTHER EXPENSES 264288 264288 REPAIRS & MAINTENANCE 121895 121895 116133 116133 4982180 4982180 0 0 217947 425190 6250170 13170976 2474145 874817 369901 446692 158416 172238 29393895 16032366 13163606 13361529 1819321 1789275 13514050 19687933 37967556 49928650 482643 4637323 64413 63510 223297 249518 770353 4950351 X 77813 77813 3512 3512 37115878 44896974 37197203 44978299 37967556 49928650 7811142 -30046 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 186021 186021 1162102 1038138 123964 25472356 12901293 12571063 2573416 2092935 480481 13361529 WATER RIGHTS 3485500 CONSTRUCTION IN PROGRESS 16202433 19687933 DEPOSITS PAYABLE 29366 ACCRUED COST OF WATER REPLENISHMENT 220152 249518 X 12793322 0 12793322 0 12793322 4982180 0 4982180 0 4982180 PART X, LINE 2: THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, THEREFORE, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN RECORDED. STATE OF CALIFORNIA FRANCHISE TAX IS COMPUTED ON NONEXEMPT FUNCTION INCOME LESS DIRECTLY CONNECTED EXPENSES. 0 0 0 KOREY BRADBURY GENERAL MANAGER 198000 0 0 0 0 0 26730 0 2450 0 227180 0 0 0 BRETT OMMEN SUPERINDENDENT 137200 0 0 0 0 0 16979 0 24547 0 178726 0 0 0 OMER ZEKI KAYIRAN BOARD MEMBER 840291 ENGINEERING CONSULTING SERVICES WITH AKM CONSULTING ENGINEERS (OWNER) 0 FORM 990, PART VI, SECTION A, LINE 2 GENERAL MANAGER KOREY BRADBURY IS THE SON OF BOARD MEMBER - KENNETH S. BRADBURY FORM 990, PART VI, SECTION A, LINE 6 COMPANY IS ORGANIZED AS A STOCK CORPORATION WITH SHAREHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A SHAREHOLDERS ELECT THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED INDEPENDENTLY AND AT BOARD OF DIRECTORS MEETING BY BOARD MEMBERS AND LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OR DESIGNATED COMMITTEE REVIEWS ANY CONFLICTS PRESENTED BY INTERESTED PARTIES. THE CHAIRPERSON APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE THE TRANSACTION IN QUESTION AND REPORT FINDINGS TO THE BOARD. ALTERNATIVES TO THE PROPOSED TRANSACTION ARE IDENTIFIED AND COMPARED TO THE PROPOSED TRANSACTION. THE BOARD VOTES ON THE MOST BENEFICIAL OPTION FOR THE ORGANIZATION. IF THE BOARD HAS REASON TO BELIEVE AN INTERESTED PERSON HAS FAILED TO DISCLOSE THE POTENTIAL CONFLICT, THE BOARD WILL INVESTIGATE FURTHER AND IF NECESSARY, TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 AT THE END OF EACH CALENDAR YEAR (MID-FISCAL YEAR), THE BOARD OF DIRECTORS MEETS TO DISCUSS THE COMPENSATION FOR ALL COMPANY EMPLOYEES. THE BOARD REVIEWS DATA REGARDING THE COMPENSATION PAID SIMILARLY QUALIFIED INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS BY WATER COMPANIES SITUATED IN THE COMPANY'S IMMEDIATE GEOGRAPHIC AREA. THE BOARD ALSO REVIEWS THE PERFORMANCE OF THE EMPLOYEES DURING THE PAST CALENDAR YEAR AND THE RECOMMENDATIONS OF THE GENERAL MANAGER REGARDING ANY ADJUSTMENTS TO THE EMPLOYEES' COMPENSATION. THE GENERAL MANAGER THEN LEAVES THE BOARD MEETING AND THE BOARD DELIBERATES AND DECIDES ON ANY ADJUSTMENTS TO COMPENSATION FOR EACH EMPLOYEE, INCLUDING THE GENERAL MANAGER, FOR THE NEXT CALENDAR YEAR. THE DECISIONS ARE MADE AND ARE REFLECTED IN THE MINUTES OF THE BOARD MEETING AND IN SEPARATE INSTRUCTIONS TO THE GENERAL MANAGER TO IMPLEMENT THE DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC AT THE COMPANY OFFICE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. FORM 990 PART XII LINE 2C THERE WERE NO CHANGES IN PROCEDURES FROM THE PRIOR YEAR.