Grindstone Butte Mutual Canal Co

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

EIN: 820304588 ✦ Champaign, IL ✦ Designated as a 501(c)(12)

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Overview

What is Grindstone Butte Mutual Canal Co?

Grindstone Butte Mutual Canal Company is a nonprofit organization located in Champaign, Illinois. The primary objective of this organization is to maintain an irrigation system essential for supplying water to the farms of its members. By doing so, they contribute to the agricultural sector of their community, ensuring the continued cultivation and productivity of the farms associated with the canal company. The company's mission is deeply rooted in the provision of water resources, which is vital for the successful operation of the farms within its membership.

Is Grindstone Butte Mutual Canal Co legitimate?

Grindstone Butte Mutual Canal Co is a legitimate nonprofit organization registered as a 501(c)(12) entity. Grindstone Butte Mutual Canal 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: $0

For more financial information, click here

What is the mission statement of Grindstone Butte Mutual Canal Co?

Grindstone Butte Mutual Canal Company exists with the primary objective of maintaining an irrigation system. This system is crucial in supplying water to the farms of the company's members. The company's mission is centered around ensuring the functionality and efficiency of this irrigation system, thereby supporting the agricultural activities of its members. The company's role is essential in providing the necessary water supply, thereby contributing to the success of the farms and the livelihoods of its members. The maintenance of the irrigation system is a continuous process, requiring regular checks and repairs to ensure its continued effectiveness. The company's activities are focused on ensuring the uninterrupted supply of water to the farms, thereby supporting the agricultural activities of its members.

Who is the CEO of Grindstone Butte Mutual Canal Co?

Michael Stockburger is the Vice Preside of Grindstone Butte Mutual Canal Co.

What is the revenue of Grindstone Butte Mutual Canal Co?

Grindstone Butte Mutual Canal Co's revenue in 2022 was $4,589,183.

Who are the executives of Grindstone Butte Mutual Canal Co and what are their salaries?


Here are 2 key members and their salaries:


Bret Andersen (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Stockburger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grindstone Butte Mutual Canal Co?

Grindstone Butte Mutual Canal Co's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Grindstone Butte Mutual Canal Co

Grindstone Butte Mutual Canal Company is dedicated to maintaining an essential irrigation system. This system is crucial in providing water to the farms of the company's members. The company's mission is to ensure the reliability and efficiency of this irrigation system, thereby contributing to the prosperity of the agricultural activities of its members. By managing and maintaining this water supply system, Grindstone Butte Mutual Canal Company plays a vital role in supporting the farming operations of its members, thereby contributing to their livelihoods and the overall agricultural sector.

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Impact




October, 2024

Grindstone Butte Mutual Canal Co plays a crucial role in supporting agricultural productivity in Champaign, IL, by maintaining a reliable irrigation system for its members' farms. This system ensures that farmers have consistent access to water, which is essential for growing crops and sustaining the agricultural economy. By facilitating effective irrigation, the company enhances food production, contributes to local food security, and supports the livelihoods of its members. The focus on maintaining the irrigation infrastructure directly impacts the quality and quantity of agricultural output, fostering a sustainable farming community in the region.




This information is meant to be a general summary of Grindstone Butte Mutual Canal 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.

Revenue
$4,589,183 (2022)
Expenses
$4,589,183 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $4,589,183
  • Gross Receipts: $4,589,183

Assets and Liabilities:

  • Total Assets: $200
  • Total Liabilities: $0
  • Net Assets: $200

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Programs

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

IRRIGATION ASSESSMENTS

Revenue

$4,178,101

PEAK REWARDS INCOME

Revenue

$411,082

Organization Details

Founding Year

1967

Principal Officer

Michael Stockburger

Main Address

2004 FOX DR SUITE L, CHAMPAIGN, IL, 618207346

NTEE Category

Code: K20 - Food

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