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Nonprofit · EIN 94-0778730

POSO CANAL COMPANY

Tax-exempt · LOS BANOS, CA 93635

Financials

$98K$377K2023$107K$472K2024$145K$391K2025
Revenue Expenses · by fiscal year end
Financials of POSO CANAL COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$144,531$390,714-$246,183$1,826,907$450$1,826,457
December 31, 2024990$106,686$472,004-$365,318$2,070,589$450$2,070,139
December 31, 2023990$97,692$376,547-$278,855$2,435,907$450$2,435,457
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$112,995
Investment income
$31,536
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$312
Accounting fees
$225
Occupancy
$4,383
Depreciation
$1,958
Program services (functional)
$390,714

Balance sheet and other

Total assets, start of year
$2,070,589
Total assets, end of year
$1,826,907
Total liabilities, end of year
$450
Net assets, end of year
$1,826,457
Land, buildings and equipment
$334,527
Gross receipts
$144,531
Employees
0
Year formed
1926
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
PETER LECOMPSecretary
Officer
1$0
STEVE FAUSONEPresident
Officer
1$0
GARY MARTINVice President
Officer
1$0
PAUL LIMATreasurer
Officer
1$0
990 for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
PETER LECOMPTESecretary
Officer
1$0
STEVE FAUSONEPresident
Officer
1$0
GARY MARTINVice President
Officer
1$0
PAUL LIMATreasurer
Officer
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
PETER LECOMPTESecretary
Officer
1$0
STEVE FAUSONEPresident
Officer
1$0
GARY MARTINVice President
Officer
1$0
PAUL LIMATreasurer
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 511, LOS BANOS, CA 93635-0511
Principal officer (990 for 2025)
PAUL LIMA, P O BOX 511, LOS BANOS, CA 93635
Signed the 990
PAUL LIMA, Treasurer
Phone
(209) 826-1421
Return prepared by
Elaine Cory

California records

California keeps its own records of charities and corporations. Search them by EIN 94-0778730 or by the name POSO CANAL COMPANY.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO PROVIDE DRAINAGE TO ITS MEMBER LANDOWNERS IN THE DOS PALOS CALIFORNIA AREA

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDE DRAINAGE TO ITS MEMBER LANDOWNERS IN THE RURAL AREA OF DOS PALOS, CALIFORNIA
    Expenses $388,755

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-0778730
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1934
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,826,907
Income (IRS master file)
$144,531

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$144,531$390,714$1,826,907XML
990December 2024$106,686$472,004$2,070,589XML
990December 2023$97,692$376,547$2,435,907XML
990December 2022$261,931$314,065$2,714,762IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-0778730).

Questions about POSO CANAL COMPANY

What is the EIN of POSO CANAL COMPANY?
The employer identification number (EIN) of POSO CANAL COMPANY is 94-0778730.
Is POSO CANAL COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1934.
Are donations to POSO CANAL COMPANY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does POSO CANAL COMPANY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of POSO CANAL COMPANY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did POSO CANAL COMPANY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of POSO CANAL COMPANY?
The 990 for the year ended December 31, 2025 names PAUL LIMA.
Who are the officers and directors of POSO CANAL COMPANY?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does POSO CANAL COMPANY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $144,531, expenses of $390,714 and total assets of $1,826,907 at year end.

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