Farmers Water Development Company

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

EIN: 840201050 ✦ Norwood, CO ✦ Designated as a 501(c)(12)

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Overview

What is Farmers Water Development Company?

Farmers Water Development Company is a modest nonprofit organization situated in Norwood, Colorado. With just two dedicated employees, their primary mission is to manage and maintain ditch and irrigation water systems for their members and users. This essential service ensures the efficient operation of these vital systems, benefiting the community that relies on them. The company's operations are centered around managing and maintaining these water systems, fulfilling a crucial role in the local agricultural sector.

Is Farmers Water Development Company legitimate?

Farmers Water Development Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Farmers Water Development 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: $53,243

For more financial information, click here

What is the mission statement of Farmers Water Development Company?

The Farmers Water Development Company is dedicated to managing and maintaining ditch and irrigation systems for its members or users. This mission is crucial in ensuring the proper functioning of water supply infrastructure, benefiting those who rely on these systems for their agricultural needs. By managing and maintaining these water systems, the company contributes to the overall efficiency and sustainability of irrigation, thereby promoting agricultural productivity for its members.

Who is the CEO of Farmers Water Development Company?

David Alexander is the President of Farmers Water Development Company.

What is the revenue of Farmers Water Development Company?

Farmers Water Development Company's revenue in 2022 was $372,064.

Who are the executives of Farmers Water Development Company and what are their salaries?

The average compensation at Farmers Water Development Company during 2022 was $26,622. There are 2 employees at Farmers Water Development Company.


Here are 5 key members and their salaries:


David Alexander (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Heldman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lothan Snyder (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Trosper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Snyder (Secretary/Tres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Farmers Water Development Company?

Farmers Water Development Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Farmers Water Development Company

Farmers Water Development Company is dedicated to managing and maintaining the ditch and irrigation systems for its members and users. The organization's primary mission is to ensure the efficient operation and upkeep of these water systems, providing a reliable source of water for its members. By managing and maintaining these systems, Farmers Water Development Company plays a crucial role in supporting the agricultural activities of its members, ensuring their crops and livestock have the necessary water supply. The company's mission is to provide reliable and sustainable water solutions, thereby contributing to the success and continuity of its members' farming operations.

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Impact




October, 2024

Farmers Water Development Company plays a crucial role in managing and maintaining ditch and irrigation systems for its members in Norwood, Colorado. By ensuring that these water systems operate efficiently, the organization supports local agriculture, helping farmers access the essential water they need for crop production. This impact is vital in promoting food sustainability and enhancing the overall productivity of the farming community. Accessible, well-maintained irrigation infrastructure not only boosts agricultural output but also strengthens the local economy, contributing to the livelihoods of those dependent on farming practices.




This information is meant to be a general summary of Farmers Water Development 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
$372,064 (2022)
Expenses
$507,139 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $40
  • Program Service Revenue: $180,067
  • Gross Receipts: $372,064

Assets and Liabilities:

  • Total Assets: $1,211,166
  • Total Liabilities: $104,845
  • Net Assets: $1,106,321

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Programs

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

Membership Dues & Assessments

Revenue

$180,067

Organization Details

Founding Year

1913

Principal Officer

David Alexander

Main Address

PO BOX 10, NORWOOD, CO, 81423

NTEE Category

Code: K20 - Food

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