Nonprofit · EIN 94-2689518
LAKE LUCERNE MUTUAL WATER COMPANY INC
Tax-exempt · PALO ALTO, CA 94301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990-EZ | $96,016 | $109,911 | -$13,895 | $189,808 | $37,026 | $152,782 |
| July 31, 2024 | 990-EZ | $76,835 | $85,462 | -$8,627 | $241,262 | $74,585 | $166,677 |
| July 31, 2023 | 990-EZ | $93,254 | $89,853 | $3,401 | $237,428 | $62,124 | $175,304 |
Financial details: 990-EZ for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $95,843
- Other revenue
- $173
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $22,704
- Occupancy
- $82,706
- Other expenses
- $4,501
- Program services (functional)
- $74,450
Balance sheet and other
- Total assets, start of year
- $241,262
- Total assets, end of year
- $189,808
- Total liabilities, end of year
- $37,026
- Net assets, end of year
- $152,782
- Cash, savings and investments
- $5,209
- Land and buildings
- $179,631
- Gross receipts
- $96,016
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-EZ for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL OLSTEIN | PRESIDENT AND CEO | 1 | $0 |
| MARK STEVENS | VICE PRESIDENT, CFO, TREAS | 1 | $0 |
| LAURA O'LEARY | SECRETARY | 1 | $0 |
990-EZ for the year ended July 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL OLSTEIN | PRESIDENT AND CEO | 1 | $0 |
| MARK STEVENS | VICE PRESIDENT, CFO, TREAS | 1 | $0 |
| LAURA O'LEARY | SECRETARY | 1 | $0 |
990-EZ for the year ended July 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL OLSTEIN | PRESIDENT AND CEO | 1 | $0 |
| MARK STEVENS | VICE PRESIDENT, CFO, TREAS | 1 | $0 |
| LAURA O'LEARY | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 222 HIGH ST, PALO ALTO, CA 94301-1040
- In care of
- % V MUZZI
- Signed the 990-EZ
- MARK STEVENS, CFO
- Phone
- (650) 854-7696
- Return prepared by
- ROBERT LEE & ASSOCIATES LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-2689518 or by the name LAKE LUCERNE MUTUAL WATER COMPANY INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE EXEMPT PURPOSE OF THE COMPANY IS TO DEVELOP, DISTRIBUTE, SUPPLY AND DELIVER WATER FOR IRRIGATION USE ONLY TO ITS SHAREHOLDERS AT COST.
Program accomplishments
- THE LAKE LUCERNE MUTUAL WATER COMPANY EXISTS SOLELY TO PROVIDE WATER FOR IRRIGATION TO ITS SHAREHOLDERS. THE WATER COMPANY HAS 1,000 OUTSTANDING SHARES DISTRIBUTED AMONG 19 SHAREHOLDERS.Expenses $74,450
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990-EZ on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990-EZ on file |
IRS record
- EIN
- 94-2689518
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 2005
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y22)
- Assets (IRS master file)
- $189,808
- Income (IRS master file)
- $96,016
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | July 2025 | $96,016 | $109,911 | $189,808 | XML |
| 990-EZ | July 2024 | $76,835 | $85,462 | $241,262 | XML |
| 990-EZ | July 2023 | $93,254 | $89,853 | $237,428 | XML |
| 990-EZ | July 2022 | – | – | – | IRS |
| 990-EZ | July 2021 | – | – | – | IRS |
| 990-EZ | July 2020 | – | – | – | IRS |
| 990-EZ | July 2019 | – | – | – | IRS |
| 990-EZ | July 2018 | – | – | – | 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 94-2689518).
Questions about LAKE LUCERNE MUTUAL WATER COMPANY INC
- What is the EIN of LAKE LUCERNE MUTUAL WATER COMPANY INC?
- The employer identification number (EIN) of LAKE LUCERNE MUTUAL WATER COMPANY INC is 94-2689518.
- Is LAKE LUCERNE MUTUAL WATER COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 2005.
- Are donations to LAKE LUCERNE MUTUAL WATER COMPANY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAKE LUCERNE MUTUAL WATER COMPANY INC 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 LAKE LUCERNE MUTUAL WATER COMPANY INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE LUCERNE MUTUAL WATER COMPANY INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended July 2025.
- Who are the officers and directors of LAKE LUCERNE MUTUAL WATER COMPANY INC?
- The 990-EZ for the year ended July 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does LAKE LUCERNE MUTUAL WATER COMPANY INC have?
- On its 990-EZ for the year ended July 31, 2025 it reported revenue of $96,016, expenses of $109,911 and total assets of $189,808 at year end.
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