Overview
What is Bessemer Irrigating Ditch Company?
The Bessemer Irrigating Ditch Company, located in Pueblo, Colorado at 503 N MAIN ST SUITE 216, is a nonprofit organization with a mission to maintain and repair the Bessemer Ditch and deliver water to its stockholders. Established with a team of five dedicated individuals, the company's primary purpose is to ensure the proper functioning and upkeep of the ditch, thereby providing water resources to its shareholders. The organization does not engage in any additional activities or programs beyond this core mission.
Is Bessemer Irrigating Ditch Company legitimate?
Bessemer Irrigating Ditch Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Bessemer Irrigating Ditch 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: $87,766
Professional Fundraising Fees: $0
Other Salaries and Wages: $181,176
For more financial information, click here
What is the mission statement of Bessemer Irrigating Ditch Company?
The Bessemer Irrigating Ditch Company's mission is centered around the maintenance and repair of a specific ditch, referred to as the Bessemer Ditch. Their primary objective is to ensure the reliable delivery of water to their stockholders. The organization's activities are primarily focused on the upkeep and functionality of the ditch, with the ultimate goal of providing a steady water supply. This mission underscores the company's commitment to serving its shareholders by ensuring the optimal performance of the ditch's infrastructure.
Who is the CEO of Bessemer Irrigating Ditch Company?
Michael S Hill is the Secretary/Tr of Bessemer Irrigating Ditch Company.
What is the revenue of Bessemer Irrigating Ditch Company?
Bessemer Irrigating Ditch Company's revenue in 2022 was $1,545,146.
Who are the executives of Bessemer Irrigating Ditch Company and what are their salaries?
The average compensation at Bessemer Irrigating Ditch Company during 2022 was $53,788. There are 5 employees at Bessemer Irrigating Ditch Company.
Here are 11 key members and their salaries:
- Compensation: $83,816
- Related: $0
- Other: $2,514
- Compensation: $700
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $600
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $450
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $100
- Related: $0
- Other: $0
- Compensation: $100
- Related: $0
- Other: $0
- Compensation: $100
- Related: $0
- Other: $0
Where can I find the form 990 for Bessemer Irrigating Ditch Company?
Bessemer Irrigating Ditch Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bessemer Irrigating Ditch Company
Bessemer Irrigating Ditch Company, as its name suggests, is dedicated to maintaining and repairing the Bessemer Ditch, ensuring its optimal functioning. This organization's primary purpose is to supply water to its stockholders, fulfilling a vital role in the irrigation system. By committing to the upkeep of the ditch and the delivery of water, Bessemer Irrigating Ditch Company contributes to the agricultural and daily needs of those who depend on this resource.
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Impact
October, 2024
The Bessemer Irrigating Ditch Company plays a pivotal role in managing and maintaining the Bessemer Ditch, ensuring the reliable delivery of water to its stockholders. This crucial service supports agricultural productivity in the Pueblo, Colorado region by facilitating irrigation. Through the diligent repair and maintenance of the ditch infrastructure, the company helps to safeguard the efficient distribution of water resources, which is essential for local farmers and food production. By sustaining water supply, the Bessemer Irrigating Ditch Company impacts not only agricultural practices but also the community's economy and food security.
This information is meant to be a general summary of Bessemer Irrigating 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.
- Investment Income: $23,391
- Program Service Revenue: $1,492,547
- Gross Receipts: $1,546,292
Assets and Liabilities:
- Total Assets: $3,940,824
- Total Liabilities: $771,586
- Net Assets: $3,169,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS
Revenue
$992,547
CHANGE OF USE CASE
Revenue
$500,000
Organization Details
Founding Year
1950
Phone
(719) 544-8584Principal Officer
Michael S Hill
Main Address
503 N MAIN ST SUITE 216, PUEBLO, CO, 81003
NTEE Category
Code: K20 - Food
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