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Filing year 2023

IRVINE RANCH WATER DISTRICT WATER SERVICE CORPORATION

Irvine, California·EIN 91-1874346·4
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 · Schedule J · 15 reported individuals · Filing year 2023

Executive Director, Water Policy
$58k
$64k
General Manager
highest compensated employee
$55k
$60k
Executive Director, Techniical Services
$53k
$58k
Executive Director, Operations
$43k
$47k
$39k
$42k
Secrectary
officer (unspecified)
$31k
$34k
Secretary
secretary (operational)
$29k
$32k
Executive Director of Finance
$28k
$30k
Director
board member
$26k
$29k
Director
board member
$26k
$28k
Secrectary
officer (unspecified)
$26k
$28k
$23k
$25k
Vice President
vice president
$23k
$25k
$10k
$11k
Director
board member
$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.

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.
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