Los Angeles Water and Power Employees Assoc - Mutual Death Benefit Plan

EIN: 237082277

Los Angeles, CA

Total Revenue
$632,812
Total Expenses
$433,175
Total Assets
$7,164,629
Net Assets
$6,592,272
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1933
Legal Domicile
CA
Principal Officer
Reindert Kok
Phone
2133673357
Tax Period
2022-07-01 to 2023-06-30

Los Angeles Water and Power Employees Assoc - Mutual Death Benefit Plan, founded in 1933, is a small nonprofit that reported $633K in total revenue in fiscal year 2022. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $200K, a strong 32% operating margin.

Mission

Voluntary employee pay-all death benefit plan for the active and retired employees of Los Angeles Department of Water and Power, their spouses, and their minor children. Assessment fees and interest earned are used to meet death claims and administrative costs.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $348,859
Program Service Revenue $0
Investment Income $283,953
Other Revenue $0
TOTAL REVENUE $632,812

Expense Breakdown

Grants Paid $0
Salaries & Benefits $147,575
Fundraising Expenses $0
Program Expenses $280,333
Other Expenses $5,267
TOTAL EXPENSES $433,175

Year-over-Year Comparison

2022 2021 Change
Revenue $632,812 $822,776 -0.2%
Expenses $433,175 $396,662 +0.1%
Net Income $199,637 $426,114 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daphne Crook Board President 5.00
Officer Director
$0 $0 $0
Marcos Ballesteros Board Vice President 1.00
Officer Director
$0 $0 $0
Reindert Kok CFO, Mutual Cmte Chairperson 3.00
Officer Director
$0 $0 $0
Ashley Rawls Board Secretary 1.00
Officer Director
$0 $0 $0
Ann Marie De La Riva Board, Executive Cmte Member 1.00
Officer Director
$0 $0 $0
Porsche Bell Director 1.00
Director
$0 $0 $0
Matthew Blehm Director, Mutual Plan Cmte Mbr 1.00
Director
$0 $0 $0
Eduardo Garfias Director 1.00
Director
$0 $0 $0
Jesus Gonzales Director 1.00
Director
$0 $0 $0
Samantha Lopez Ryan Director 1.00
Director
$0 $0 $0
Alexander Partida Director 1.00
Director
$0 $0 $0
Hagop Jack Petrosian Director, Mutual Plan Cmte Mbr 1.00
Director
$0 $0 $0
Willie Tam Director 1.00
Director
$0 $0 $0
Michael Taylor Board Director, Mutual Committee Member 1.00
Director
$0 $0 $0
Mohamed Yacout Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $632,812 $433,175 $7,164,629 $199,637
2022 $822,776 $396,662 $6,452,999 $426,114
2021 $2,069,642 $403,224 $7,525,303 $1,666,418
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