Overview
What is Lake Reservoir Co?
Lake Reservoir Co is a mutual irrigation company situated in Payette, Idaho. Its primary goal is to offer irrigation services to its members. This nonprofit organization devotes all its resources to achieving its exempt purpose, which is to distribute water to its members. Lake Reservoir Co plays a vital role in ensuring that its members have access to essential irrigation services, contributing to their agricultural activities in the region.
Is Lake Reservoir Co legitimate?
Lake Reservoir Co is a legitimate nonprofit organization registered as a 501(c)(12) entity. Lake Reservoir Co 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: $16,388
For more financial information, click here
What is the mission statement of Lake Reservoir Co?
Lake Reservoir Company's mission is centered around providing mutual irrigation services to its members. Located in an unspecified location, this organization dedicates its resources solely to fulfilling its mission of distributing water to its members, ensuring all expenditures align with this exempt purpose.
What is the revenue of Lake Reservoir Co?
Lake Reservoir Co's revenue in 2023 was $76,092.
Who are the executives of Lake Reservoir Co and what are their salaries?
The average compensation at Lake Reservoir Co during 2023 was $8,194. There are 2 employees at Lake Reservoir Co.
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Where can I find the form 990 for Lake Reservoir Co?
Lake Reservoir Co's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lake Reservoir Co
Lake Reservoir Company, a mutual irrigation company, is dedicated to serving its members by providing essential irrigation services. The organization's mission revolves around distributing water to its members, and all its expenses are aligned with this purpose. Lake Reservoir Company's mission is to ensure that its members have access to the necessary irrigation services, thereby contributing to their agricultural activities and overall well-being. The company's operations are centered around its exempt purpose, which is to distribute water to its members, making it an integral part of their agricultural operations.
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Impact
October, 2024
Lake Reservoir Co plays a vital role in supporting agriculture and fostering sustainable land use in the Payette, ID area. By offering mutual irrigation services, the organization ensures that its members have access to the essential water resources needed for effective crop cultivation. This access not only helps to enhance agricultural productivity but also contributes to the local economy by supporting farmers and, in turn, the broader community reliant on agricultural outputs.
The efficient distribution of water aligns with best practices for sustainable irrigation, promoting responsible usage of this precious resource. By focusing all its efforts and expenses on its mission of distributing water, Lake Reservoir Co reinforces the importance of collaboration and shared resources among its members, ultimately leading to improved food security and community resilience in the face of environmental challenges.
This information is meant to be a general summary of Lake Reservoir Co. 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: $25
- Gross Receipts: $76,092
Assets and Liabilities:
- Total Assets: $2,193,111
- Total Liabilities: $0
- Net Assets: $2,193,111
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Organization Details
Founding Year
1920
Principal Officer
Dennis Ujiiye
NTEE Category
Code: K20 - Food
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