Overview
What is Bergen Ditch And Reservoir Company?
Bergen Ditch And Reservoir Company is a mutually-owned organization situated in Highlands Ranch, Colorado. As a 501(c)12 entity, it manages a mutual ditch system. The company collects assessments and rental revenues from its members to cover the expenses required for its operation and maintenance throughout the year. The primary function of Bergen Ditch And Reservoir Company is to ensure the proper upkeep and management of the associated ditch and reservoirs, benefiting its member-users.
Is Bergen Ditch And Reservoir Company legitimate?
Bergen Ditch And Reservoir Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Bergen Ditch And Reservoir 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bergen Ditch And Reservoir Company?
Bergen Ditch And Reservoir Company serves as a mutual ditch organization, operating under the 5010c12 classification. Its primary objective is to manage and maintain this mutual ditch system, with each user or member contributing a proportionate share of the expenses and losses incurred during operation. The company collects assessments from its members and generates revenue through rental agreements. Its main function involves overseeing the maintenance and management of the ditch and reservoirs, ensuring their efficient operation throughout the year.
Who is the CEO of Bergen Ditch And Reservoir Company?
Robert Easton is the President of Bergen Ditch And Reservoir Company.
What is the revenue of Bergen Ditch And Reservoir Company?
Bergen Ditch And Reservoir Company's revenue in 2022 was $335,967.
Who are the executives of Bergen Ditch And Reservoir Company and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Bergen Ditch And Reservoir Company?
Bergen Ditch And Reservoir Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bergen Ditch And Reservoir Company
Bergen Ditch And Reservoir Company, as a 501(c)(12) organization, is dedicated to operating and maintaining a mutual ditch system. This mutual ditch company provides its user or member with a proportionate share of the expenses and losses incurred in managing and operating this system. The organization's primary goal is to ensure the proper functioning of the ditch and reservoirs, for which it collects assessments from its members and generates revenue through rent. The Bergen Ditch And Reservoir Company is responsible for managing these financial aspects, ensuring the continued operation and maintenance of the ditch and reservoirs.
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Impact
October, 2024
Bergen Ditch and Reservoir Company plays a crucial role in the management of water resources in Highlands Ranch, Colorado. By operating and maintaining mutual ditch systems, the company ensures that members have access to a reliable water supply for agricultural and recreational purposes. The organization collects assessments from its members, which are used to cover the costs of maintenance, repairs, and operational expenses associated with the ditches and reservoirs.
Through its activities, Bergen Ditch and Reservoir Company supports the local community by facilitating effective water management, promoting sustainable practices, and enhancing the overall quality of life for its members. The company's mission aligns with public benefit, as it contributes to the responsible stewardship of water resources critical for both individual users and the broader regional ecosystem.
This information is meant to be a general summary of Bergen Ditch And Reservoir 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 2022.
- Investment Income: $2,667
- Gross Receipts: $335,967
Assets and Liabilities:
- Total Assets: $1,691,466
- Total Liabilities: $1,870,291
- Net Assets: -$178,825
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Organization Details
Founding Year
1905
Phone
(303) 716-0581Principal Officer
Robert Easton
Main Address
C/O R EASTON 9329 LARK SPARROW TR, HIGHLANDS RANCH, CO, 80126
NTEE Category
Code: W80 - Public benefit
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