Divide Canal & Reservoir Company

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

EIN: 840190122 ✦ Eaton, CO ✦ Designated as a 501(c)(12)

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Overview

What is Divide Canal & Reservoir Company?

Divide Canal and Reservoir Company is a local entity, headquartered in Eaton, Colorado. Functioning as a mutual irrigation company, its primary objective is to distribute water to its member base. This organization plays a crucial role in supplying water resources, contributing to the agricultural and overall well-being of the community.

Is Divide Canal & Reservoir Company legitimate?

Divide Canal & Reservoir Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Divide Canal & Reservoir 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,800

For more financial information, click here

What is the mission statement of Divide Canal & Reservoir Company?

The Divide Canal and Reservoir Company serves as a mutual irrigation organization, aimed at supplying water to its member base. Located in Colorado, this company's primary mission is to facilitate the distribution of water resources, ensuring the agricultural needs of its members are met. By functioning as a mutual organization, the company fosters a sense of community and shared resources among its members. The company's operations may also include the management of water usage and allocation, ensuring an equitable distribution of resources for the benefit of all members.

Who is the CEO of Divide Canal & Reservoir Company?

Kimberly D Nelson is the President of Divide Canal & Reservoir Company.

What is the revenue of Divide Canal & Reservoir Company?

Divide Canal & Reservoir Company's revenue in 2022 was $200,447.

Who are the executives of Divide Canal & Reservoir Company and what are their salaries?

The average compensation at Divide Canal & Reservoir Company during 2022 was $18,267. There are 3 employees at Divide Canal & Reservoir Company.


Here are 6 key members and their salaries:


Dale Leach (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Booth (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly D Nelson (Secretary)
  • Compensation: $3,600
  • Related: $0
  • Other: $0
Mike Ditullio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Holter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Booth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Divide Canal & Reservoir Company?

Divide Canal & Reservoir Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Divide Canal & Reservoir Company

Divide Canal & Reservoir Company, as a mutual irrigation organization, is dedicated to providing water resources to its members. In essence, this company serves as a water supplier, ensuring that its members have access to the necessary water for their agricultural needs. Located in Eaton, CO, Divide Canal & Reservoir Company embodies the spirit of community cooperation, demonstrating its commitment to sustaining the well-being of its members through water provision.

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Impact




October, 2024

The Divide Canal & Reservoir Company plays a crucial role in supporting agricultural productivity and water management in the Eaton, Colorado area. As a mutual irrigation company, it provides essential water resources to its members, enabling them to cultivate crops and sustain local farming activities. This access to reliable irrigation helps enhance food production, promote economic stability, and maintain the agricultural heritage of the region. By prioritizing the needs of its members, the company fosters a sense of community and collective responsibility towards effective water use, ultimately contributing to sustainable farming practices and the well-being of local residents.




This information is meant to be a general summary of Divide Canal & Reservoir 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.

Revenue
$200,447 (2022)
Expenses
$125,079 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $298
  • Program Service Revenue: $199,800
  • Gross Receipts: $200,447

Assets and Liabilities:

  • Total Assets: $3,458,483
  • Total Liabilities: $106,721
  • Net Assets: $3,351,762

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Programs

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

ASSESSMENTS

Revenue

$199,800

Organization Details

Founding Year

1904

Principal Officer

Kimberly D Nelson

Main Address

106 ELM AVENUE, EATON, CO, 80615

NTEE Category

Code: W80 - Public benefit

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