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Filing year 2023

IRVINE RANCH WATER DISTRICT WATER SERVICE CORPORATION

Irvine, California·EIN 91-1874346·501(c)(4)
Total revenue
$16.3M
Total assets
$10.5M
Total expenses
$5.3M
Reported officers
17
Mission

THE CORPORATION WAS FORMED FOR PURPOSES WHICH INCLUDE THE RENDERING OF FINANCIAL ASSISTANCE TO IRVINE RANCH WATER DISTRICT AND THE ACQUISITION BY PURCHASE OR OTHER MEANS OF WATER COMPANIES OR ANY INTEREST THEREIN FOR THE BENEFIT OF THE DISTRICT. THE ORGANIZATION HAS FACILITATED TRANSACTIONS NEEDED BY THE DISTRICT FOR THE ACQUISTION OF TWO SMALL WATER SYSTEMS THAT WERE CONSOLIDATED WITH THE DISTRICT.

Executive compensation

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director, Water Policy
25th percentile to median
$58k
$64k
General Manager
10th to 25th percentile
$55k
$60k
Executive Director, Techniical Services
25th percentile to median
$53k
$58k
Executive Director, Operations
25th percentile to median
$43k
$47k
Asst. Treasurer
25th percentile to median
$39k
$42k
Secrectary
Officer (Unspecified)
$31k
$34k
Secretary
Secretary (Operational)
Median to 75th percentile
$29k
$32k
Executive Director of Finance
10th to 25th percentile
$28k
$30k
Director
Board Member
Median to 75th percentile
$26k
$29k
Director
Board Member
Median to 75th percentile
$26k
$28k
Secrectary
Officer (Unspecified)
$26k
$28k
Vice President
25th percentile to median
$23k
$25k
President
10th to 25th percentile
$23k
$25k
Treasurer
10th to 25th percentile
$10k
$11k
Director
Board Member
10th to 25th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Up 14%
from 2022

From $51k in 2022 to $58k in 2023.

$51k
2022
$58k
2023
In today's dollarsEst.
Up 9% in real terms$58k to $64k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 14% from 2022 to 2023, while revenue rose 47%.

$51k in 2022 to $58k in 2023.
  • General Manager pay rose 10% from 2022 to 2023.
  • Chief Financial Officer pay rose 9% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

IRVINE RANCH WATER DISTRICT WATER SERVICE CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.1M
$5.5M
2022
$16.3M
$5.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about IRVINE RANCH WATER DISTRICT WATER SERVICE CORPORATION

What does the Chief Executive Officer of IRVINE RANCH WATER DISTRICT WATER SERVICE CORPORATION earn?

In 2023, the Chief Executive Officer of IRVINE RANCH WATER DISTRICT WATER SERVICE CORPORATION received $58,118 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IRVINE RANCH WATER DISTRICT WATER SERVICE CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at IRVINE RANCH WATER DISTRICT WATER SERVICE CORPORATION falls between the 25th percentile and the median.

What are IRVINE RANCH WATER DISTRICT WATER SERVICE CORPORATION's revenue and expenses?

In 2023, IRVINE RANCH WATER DISTRICT WATER SERVICE CORPORATION reported $16.3M in total revenue and $5.3M in total expenses on its IRS Form 990.

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