Overview
What is Bayou Vista Ditch Company?
Bayou Vista Ditch Company is a mutual water company located in Corcoran, California. Led by manager Phillip Hansen, this organization serves as a source of income for its member shareholders by selling water. The profits earned are then utilized to cover any losses or expenses within the company. The company's primary function is to ensure a reliable water supply for its members, contributing to their daily needs and sustenance.
Is Bayou Vista Ditch Company legitimate?
Bayou Vista Ditch Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Bayou Vista Ditch Company submitted a form 990EZ, 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.
What is the mission statement of Bayou Vista Ditch Company?
The Bayou Vista Ditch Company functions as a mutual water enterprise, primarily earning revenue by supplying water to its member shareholders. The profits derived from these sales are utilized to offset any financial losses and cover the company's operational expenses. The company's mission, in essence, is to ensure its sustainability and provide essential water services to its members. It does not have a formally stated mission statement focusing on societal or community impact, as the examples provided earlier do.
Who is the CEO of Bayou Vista Ditch Company?
Unavailable
What is the revenue of Bayou Vista Ditch Company?
Bayou Vista Ditch Company's revenue in 2022 was $5,000.
Who are the executives of Bayou Vista Ditch Company and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Bayou Vista Ditch Company?
Bayou Vista Ditch Company's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Bayou Vista Ditch Company
Bayou Vista Ditch Company, as a mutual water company, is dedicated to providing water to its member shareholders. The company's primary mission is to generate income by selling water, which in turn is utilized to cover any losses and expenses the company may incur. Bayou Vista Ditch Company is managed by Phillip Hansen, ensuring its operations run smoothly and efficiently. The company's primary focus is on serving its members, providing them with a crucial resource in the form of water. However, it's important to note that the information provided does not specify any additional societal benefits or community engagement initiatives that Bayou Vista Ditch Company may be involved in.
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Impact
October, 2024
Bayou Vista Ditch Company plays a crucial role in the water management landscape of Corcoran, California. By operating as a mutual water company, it efficiently supplies water to its member shareholders, ensuring access to this vital resource. The income generated through water sales is strategically reinvested to cover operational losses and expenses, fostering financial sustainability. Under the management of Phillip Hansen, the company not only meets the immediate water needs of its members but also contributes to the overall stability of the local community by providing a reliable water source. This approach not only supports agricultural activities but also enhances the quality of life for residents dependent on this essential resource.
This information is meant to be a general summary of Bayou Vista 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 2022.
- Gross Receipts: $5,000
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Main Address
PO BOX 398, CORCORAN, CA, 93212
NTEE Category
Code: Z99 - Unknown
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