Fire Mountain Canal And Reservoir Company

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

EIN: 840202551 ✦ Hotchkiss, CO ✦ Designated as a 501(c)(12)

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Overview

What is Fire Mountain Canal And Reservoir Company?

Fire Mountain Canal and Reservoir Company is a nonprofit organization situated in Hotchkiss, Colorado. With a staff of six individuals, their primary mission is to maintain and upgrade the reservoir and canal system, ensuring the provision of irrigation water to approximately 490 shareholders. Their activities include conducting regular maintenance tasks, such as upgrading the dam, reservoir, and canal system, controlling weeds, and addressing erosion issues. In addition, they also engage in measures to control weed growth and erosion, and provide essential water resources to their shareholders.

Is Fire Mountain Canal And Reservoir Company legitimate?

Fire Mountain Canal And Reservoir Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Fire Mountain Canal And 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: $2,980
Professional Fundraising Fees: $0
Other Salaries and Wages: $176,427

For more financial information, click here

What is the mission statement of Fire Mountain Canal And Reservoir Company?

The Fire Mountain Canal And Reservoir Company's mission revolves around maintaining and enhancing its reservoir and canal system. This is done with the primary objective of supplying irrigation water to its shareholders. The company focuses on upgrading the dam, reservoir, and canal system, as well as controlling weed growth and soil erosion along the canal's piped section. Ultimately, their mission aims to provide a reliable water supply to approximately 490 shareholders.

Who is the CEO of Fire Mountain Canal And Reservoir Company?

Ronald L Smith is the President of Fire Mountain Canal And Reservoir Company.

What is the revenue of Fire Mountain Canal And Reservoir Company?

Fire Mountain Canal And Reservoir Company's revenue in 2022 was $374,843.

Who are the executives of Fire Mountain Canal And Reservoir Company and what are their salaries?

The average compensation at Fire Mountain Canal And Reservoir Company during 2022 was $29,901. There are 6 employees at Fire Mountain Canal And Reservoir Company.


Here are 7 key members and their salaries:


Dixie Luke (President)
  • Compensation: $660
  • Related: $0
  • Other: $0
Wes Spore (Board Member)
  • Compensation: $480
  • Related: $0
  • Other: $0
Dan Robinson (Board Member)
  • Compensation: $480
  • Related: $0
  • Other: $0
Ronald L Smith (Board Member)
  • Compensation: $440
  • Related: $0
  • Other: $0
William Housewert (Vice President)
  • Compensation: $400
  • Related: $0
  • Other: $0
Jeff Armstrong (Non Voting Board Member)
  • Compensation: $320
  • Related: $0
  • Other: $0
Stacia Cannon (Non Voting Board Member)
  • Compensation: $200
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fire Mountain Canal And Reservoir Company?

Fire Mountain Canal And Reservoir Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fire Mountain Canal And Reservoir Company

Fire Mountain Canal and Reservoir Company is dedicated to preserving and enhancing its reservoir and canal system. Its primary mission is to supply irrigation water to its shareholders, ensuring the efficient operation and maintenance of the dam, reservoir, and canal system. This includes addressing issues such as weed control and erosion control, ensuring the piped section of the canal operates smoothly. By doing so, the company is able to provide vital irrigation water to approximately 490 shareholders.

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Impact




October, 2024

Fire Mountain Canal and Reservoir Company significantly impacts the agricultural community in Hotchkiss, Colorado, by ensuring a reliable and efficient irrigation water supply to approximately 490 shareholders. The organization's efforts in maintaining and upgrading the reservoir and canal system are crucial for local farmers, facilitating sustainable agricultural practices and enhancing crop yields.

By undertaking essential upgrades to the dam and the canal system, as well as implementing weed and erosion control measures, the company enhances the overall efficiency of water distribution. This not only supports the immediate agricultural needs of the community but also contributes to long-term environmental stewardship. Through these initiatives, Fire Mountain plays a vital role in bolstering food production in the region and improving the economic stability of local farms.




This information is meant to be a general summary of Fire Mountain Canal And 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
$374,843 (2022)
Expenses
$302,254 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,900
  • Program Service Revenue: $365,788
  • Gross Receipts: $374,843

Assets and Liabilities:

  • Total Assets: $5,039,618
  • Total Liabilities: $409
  • Net Assets: $5,039,209

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Programs

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

assessments

Revenue

$365,788

Organization Details

Founding Year

1924

Principal Officer

Ronald L Smith

Main Address

PO Box 543, Hotchkiss, CO, 81419

NTEE Category

Code: K20 - Food

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