Twin Falls Canal Company Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 820172200 ✦ Twin falls, ID ✦ Designated as a 501(c)(12)

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Overview

What is Twin Falls Canal Company Inc?

Twin Falls Canal Company Inc, located in Twin Falls, Idaho, is a nonprofit organization with a primary objective of delivering irrigation water to its members. This exempt organization, as per IRC 501(C)12, operates with a dedicated workforce of 74 individuals. The company's mission revolves around the provision of essential irrigation water to its members, contributing significantly to local agricultural activities and supporting the community.


Official website here: www.twinfallscanal.com

Is Twin Falls Canal Company Inc legitimate?

Twin Falls Canal Company Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Twin Falls Canal Company Inc 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: $3,171,680

For more financial information, click here


Official website here: www.twinfallscanal.com

What is the mission statement of Twin Falls Canal Company Inc?

Twin Falls Canal Company Inc, as a 501(c)12 exempt organization, is primarily dedicated to providing irrigation water to its members. This mission is engrained in the company's operations and is in accordance with the guidelines set by the Internal Revenue Service. The company's primary goal is to ensure a reliable supply of irrigation water to its member farmers, thereby contributing to their agricultural activities and, by extension, the local economy. The company's operations are geared towards meeting the irrigation needs of its members, thereby promoting sustainable farming practices and contributing to food security.


Official website here: www.twinfallscanal.com

Who is the CEO of Twin Falls Canal Company Inc?

Brian Olmstead is the President of Twin Falls Canal Company Inc. The CEO's salary of Twin Falls Canal Company Inc is $0 and their total compensation is $0.


Official website here: www.twinfallscanal.com

What is the revenue of Twin Falls Canal Company Inc?

Twin Falls Canal Company Inc's revenue in 2020 was $6,312,715.


Official website here: www.twinfallscanal.com

Who are the executives of Twin Falls Canal Company Inc and what are their salaries?

The average compensation at Twin Falls Canal Company Inc during 2020 was $42,861. There are 74 employees at Twin Falls Canal Company Inc.


Here are 6 key members and their salaries (Twin Falls Canal Company Inc's CEO's salary is $0 and their total compensation is $0):


Roger Blass (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Blick (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Patrick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Pearson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Shewmaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Olmstead (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.twinfallscanal.com

Where can I find the form 990 for Twin Falls Canal Company Inc?

Twin Falls Canal Company Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.twinfallscanal.com

Learn more at the official website: www.twinfallscanal.com

Mission Statement of Twin Falls Canal Company Inc

Twin Falls Canal Company Inc, as an exempt organization under IRC 501(C)12, is dedicated to delivering irrigation water to its members. This mission is at the heart of the organization's operations, with the primary focus being on providing this essential resource to its members. The delivery of irrigation water is a critical service that Twin Falls Canal Company Inc provides, operating under the umbrella of its exempt status. This service allows its members to effectively use water for agricultural purposes, thereby contributing to the overall productivity and sustainability of their farms or agricultural ventures.

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Impact




October, 2024

Twin Falls Canal Company Inc plays a crucial role in the agricultural ecosystem of the Twin Falls region by delivering irrigation water to its members. This service is essential for supporting local farmers and ranchers, enabling them to cultivate crops and sustain livestock. By ensuring a reliable water supply, the company contributes to food production and agricultural stability in the area. This, in turn, impacts local economies, employment, and the overall food supply chain, highlighting the vital intersection of water management and agricultural productivity in sustaining community livelihoods.




This information is meant to be a general summary of Twin Falls Canal Company Inc. 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.

Revenue
$6,312,715 (2020)
Expenses
$6,657,827 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $494,851
  • Program Service Revenue: $5,582,181
  • Gross Receipts: $6,312,715

Assets and Liabilities:

  • Total Assets: $15,506,404
  • Total Liabilities: $1,964,426
  • Net Assets: $13,541,978

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ASSESSMENT

Revenue

$5,458,963

KINYON POND DIRT SALES

Revenue

$46,545

TRANSPORT WATER

Revenue

$29,343

SERV TO STOCKHOLDERS

Revenue

$16,216

DELINQUENT

Revenue

$11,832

Organization Details

Founding Year

1909

Principal Officer

Brian Olmstead

Main Address

P O BOX 326, TWIN FALLS, ID, 833030326

NTEE Category

Code: K20 - Food

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