Overview
What is The Bonus Ditch Company?
The Bonus Ditch Company is a nonprofit organization situated in Longmont, Colorado. Their primary mission revolves around mutual ditch and irrigation services, aiming to supply water to farmers and ranchers in the northern region of the state. Their activities are centered around this mission, providing essential water resources that are crucial for agricultural activities in the region.
Is The Bonus Ditch Company legitimate?
The Bonus Ditch Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. The Bonus Ditch Company submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $990
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,450
For more financial information, click here
What is the mission statement of The Bonus Ditch Company?
The Bonus Ditch Company's mission revolves around mutual ditch and irrigation, aimed at supplying water to farmers and ranchers in Northern Colorado. Their primary objective is to ensure a steady water supply for the agricultural community in this region. The company's activities are centered around this mission, providing water to facilitate the growth and success of local farming and ranching operations.
Who is the CEO of The Bonus Ditch Company?
Rob Alexander is the President of The Bonus Ditch Company.
What is the revenue of The Bonus Ditch Company?
The Bonus Ditch Company's revenue in 2023 was $35,666.
Who are the executives of The Bonus Ditch Company and what are their salaries?
There 5 volunteers at The Bonus Ditch Company.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $990
- Related: $0
- Other: $0
Where can I find the form 990 for The Bonus Ditch Company?
The Bonus Ditch Company's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Bonus Ditch Company
The Bonus Ditch Company, as its name suggests, is dedicated to a mission of mutual ditch and irrigation. This mission is centered around providing water to farmers and ranchers residing in the northern regions of Colorado. By undertaking this role, the company aims to ensure the continued cultivation and sustenance of agricultural activities in the area, thereby contributing to the regional economy and food supply. The company's efforts in this regard focus on the efficient management and distribution of water resources, ensuring that they are available to those who rely on them most for their livelihoods.
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Impact
October, 2024
The Bonus Ditch Company plays a crucial role in supporting agriculture in Northern Colorado by providing essential irrigation and water resources to farmers and ranchers. By ensuring access to reliable water supplies, the organization helps sustain local food production, contributing significantly to the regional agricultural economy. This support not only aids individual farmers and ranchers in maintaining their livelihoods but also fosters a stable food supply for the community. The organization’s commitment to mutual ditch and irrigation services underscores its impact on the sustainability and vitality of farming practices in the area, enhancing both food security and agricultural resilience.
This information is meant to be a general summary of The Bonus Ditch Company. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $16
- Program Service Revenue: $10,600
- Gross Receipts: $35,666
Assets and Liabilities:
- Total Assets: $468,995
- Total Liabilities: $590,357
- Net Assets: -$121,362
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REIMBURSEMENTS
Revenue
$10,600
Organization Details
Founding Year
1908
Phone
(303) 702-0708Principal Officer
Rob Alexander
Main Address
PO BOX 771, LONGMONT, CO, 805020771
NTEE Category
Code: K20 - Food
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